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Invest Atlanta Board Approves Five 经济适用房 Resolutions

Housing affordability in Atlanta remains a top priority, and Invest Atlanta is committed to working alongside Mayor Andre Dickens to create and preserve 20,到2030年,建设1万套经济适用房. 发展s continue to fill the pipeline, moving the City ever closer to its goal.

年初至今, Invest Atlanta has closed on financing for 735 affordable housing units and is projected to exceed 2,到今年年底,我们将生产1000台. Below are some of the latest developments approved for Invest Atlanta financing.

Bowen Homes I

Bowen Homes I represents the first phase of a vibrant, 抽离出来 housing community and green space that will transform the surrounding Brookview Heights neighborhood. The development will revitalize a historically neglected and environmentally stressed area on James Jackson Parkway into a place of natural, 社会和经济复兴. 足球外围买球靠谱平台投资委员会批准了1美元.500万霍洛威尔/M.L. King Tax Allocation District (TAD) grant, as well as $1.5 million in Series 2021 Housing Opportunity Bonds to finance the development. Affordability will include 48 units at 30% area median income (AMI), 49 units at 60% AMI and 54 units at market rate.

马鞭草

足球外围买球靠谱平台投资委员会批准了75美元.5 million Lease Purchase Bond inducement resolution to finance the new construction of a 240 multifamily housing development in the Dixie Hills neighborhood. Located on what is currently a vacant lot on 马鞭草 Street, the development is designed to foster community and a high quality of life, with 240 residential units across 10 garden style multifamily buildings. Affordability will include 23 units at 30% AMI, 194 units at 50% AMI and 23 units at 60% AMI.

哈维尔大桥

A $62.2 million Lease Purchase Bond inducement resolution approved by the Invest Atlanta Board will finance the new construction of a multifamily housing development in the Collier Heights neighborhood. 位于哈威尔路, the 哈维尔大桥 will be a garden-style community featuring seven residential buildings and common areas. Of the 180 units, 152 will be made affordable at 60% AMI.

大街3060号

通过2美元融资.7 million in Housing Opportunity Bonds approved by the Invest Atlanta Board, 大街3060号 will be a transformational gated community in the Collier Heights neighborhood. The former Sierra Ridge Apartment complex was originally built in 1973 and had a long history of violence, 犯罪和不合标准的生活条件. In 2021, the property was gutted and is in the final phase of construction to preserve the development. Once complete, 大街3060号 will feature 238 units – 72 of which will be available at 60% AMI.

赫恩登广场第三期

The revitalization of Herndon Square continues with the Invest Atlanta Board’s approval of $37 million in tax-exempt loan financing for Phase III. This phase will include the new construction of 178 multifamily housing units – 151 of which will be available between 30-80% AMI. 位于英语大道附近, 赫恩登广场第三期 is part of a mixed-use, 抽离出来, master-planned community located adjacent to the Georgia Tech/Trammell Crowe’s 18-acre Science Square.

 

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