The Invest Atlanta Board approved financing for 570 affordable housing units across five developments in the city of Atlanta. 一旦构造, the properties will offer both multifamily and single-family housing covering a range of area median income (AMI) levels to support different housing needs.
Developments approved for financing include:
恩格尔伍德高级
A $3 million Beltline Tax Allocation District (TAD) Increment Grant will finance the new construction of 160 multifamily housing units. Located in the Chosewood Park neighborhood, 恩格尔伍德高级 will feature senior housing, 包括160 units of affordable housing with 21 units at 30% AMI and 139 units at 60% AMI.
恒基兆业广场
A $12.5 million tax-exempt loan, along with an additional $3.26 million Housing Opportunity Bond Fund loan, will finance the new construction of 76 multifamily housing units. Located in the Old Fourth Ward neighborhood, 100% of the housing units at 恒基兆业广场 will be affordable, 包括16 units at 50% AMI and 60 units at 60% AMI.
赫恩登广场
A $41.5 million tax-exempt loan will finance the new construction of 201 multifamily housing units in the English Avenue neighborhood. 赫恩登广场 will feature workforce and affordable housing, 包括127 units at 60% AMI and 43 units at 80% AMI.
辛普森
A $28 million tax-exempt loan will finance the new construction of 139 multifamily housing units in the Vine City neighborhood. All 139 units at 辛普森 will be affordable, 其中39个单位AMI为30%, 58 units at 60% AMI and 42 units at 80% AMI.
凯里公园
A $1.5 million Perry Bolton TAD grant will finance the new construction of single-family homes for sale. Located in the 凯里公园 neighborhood, 凯里公园 will feature affordable housing, including five homes at 80% AMI and 20 homes at 100% AMI.
据博士说. Eloisa Klementich, president and CEO of Invest Atlanta, a child born into poverty in Atlanta has a less than 5% chance of escaping it in their lifetime. “This is why the opportunities we are creating through affordable housing matter so much to the future of the city,她说。. “All of Invest Atlanta’s affordable housing investments are underpinned by a mission to make Atlanta one of the most equitable and prosperous cities in the world.”
Since Mayor Andre Dickens took office in 2022, 1,991个住宅单位, 包括1,793个保障性单位(90%), have been created through Invest Atlanta Board-approved financing, totaling more than $561 million of investment in housing in neighborhoods throughout the city.
“随着亚特兰大的不断发展, we need to ensure that our city offers affordable living options for residents at every stage of life, from single households to families to seniors,市长狄更斯说。. “The work of the Invest Atlanta Board continues to exemplify this commitment.”