The financing, which comprises grants and tax-exempt loans, will create 570 affordable housing units in five communities.
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Category: affordable housing
Invest Atlanta approves more than $85 million for affordable housing
The financing, which comprises grants and tax-exempt loans, will create 570 affordable housing units in five communities.
The post Invest Atlanta approves more than $85 million for affordable housing appeared first on Atlanta Agent Magazine.
BeltLine picks developers for Buckhead affordable-housing project
Multifamily firm Pennrose and affordable-housing specialists Radiant Development Partners LLC will be responsible for building out a 2.69-acre parcel at the intersection of Garson Drive and Piedmont Road.
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HUD awards $40 million to Bowen Homes revitalization
Atlanta Housing and the City of Atlanta plan to leverage the grant into more than $500 million for the rejuvenation of the site of the former public housing project and the surrounding area.
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BeltLine, Invest Atlanta secure $1.17 million for “permanently affordable” townhomes
The grant funding will be used to support the development of The Avenue at Oakland City by the Atlanta Land Trust and Intown Builders. Aven
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Atlanta affordable housing efforts get $200 million commitment
The Robert W. Woodruff Foundation and Joseph B. Whitehead Foundation committed $100 million to affordable housing, and Mayor Andre Dickens pledged to pass a $100 million housing bond.
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Douglasville affordable-housing community sells for almost $6.5 million
Lawrenceville-based investor S & S Capital Partners acquired the 100-unit Douglasville Proper development from Signature Management of Norcross.
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BeltLine seeks developer for residential project along future Buckhead section of trail
The 2.68-acre wooded site along Peachtree Creek has been slated for a new dense, mixed-income community.
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Housing group breaks ground on “permanently affordable” townhomes in Oakland City
Atlanta Land Trust is building 36 two- and three-bedroom townhomes, of which 29 will be affordable in perpetuity.
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Atlanta to redevelop 2 Peachtree into mixed-use tower
The city’s plans for the 41-story skyscraper, which it is buying from the state for $39 million, include the creation of “dedicated and deeply affordable housing.”
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