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The Invest Atlanta Board Approves Financing for 444 经济适用房 Units

五月会议期间, the Invest Atlanta Board approved financing for the creation or preservation of 444 affordable housing units throughout the city of Atlanta. The approved financing will support the development of affordable multifamily housing in Southside, 东区, Westside and Downtown neighborhoods with a range of area median incomes (AMI), including some low-income housing at or below 30% AMI.

“The Invest Atlanta Board continues to prioritize affordable housing investments, 让更多的足球外围买球靠谱平台居民有安全的住所, quality housing in the communities they choose to live in,足球外围买球靠谱平台市长安德烈·狄更斯说. “I commend the board for this significant investment that puts us one step closer to our housing affordability goal and commitment to make Atlanta a city with opportunities for all.”

Invest Atlanta is committed to working alongside Mayor Dickens to create and preserve 20,到2030年,建设1万套经济适用房. 自2022年1月上任以来, Invest Atlanta has closed on financing to support the creation or preservation of 3,640个住宅单位, 包括3,314套经济适用房(91%). 这相当于1美元.05 billion total capital investment for housing in the city of Atlanta. Below are the latest projects approved for development.

城市的地方

A $37.500万免税贷款和2美元.9 million housing opportunity bond loan will help finance the new construction of 176 affordable multifamily housing units and mixed-use development in the Perkerson neighborhood. All of the 城市的地方 housing units will be available at 70% AMI or less with 36 units offered at or below 30% AMI.

避难城市改造中心

A $2 million Beltline Tax Allocation District (TAD) increment grant will support the new construction of a mixed-use development located in the historic West End Heights/Bankhead neighborhood. The center will include 25 affordable housing units, including 13 units at or below 30% AMI.

刘易斯穿越

A $1 million Westside TAD Ascension Fund grant will provide financing for the construction of a new 50-unit multifamily development in the Castleberry Hill neighborhood. 发展是一种混合, two- and three-bedroom apartments with community amenities available to residents earning between 50-80% AMI.

三一联合卫理公会

A $2 million 东区 TAD grant will support the new construction of 54 senior housing units in Downtown Atlanta, 其中48种的AMI价格为80%或更低. The redevelopment of this campus across from Atlanta City Hall will restore and repurpose the historic sanctuary on the east side of the property for multiple uses, 包括事件空间, while allowing the church to continue hosting worship services.

国会网关

Approved during the April Invest Atlanta Board meeting, the 国会网关 mix-income development will soon be renovated with help from $2 million in financing from Series 2021 Housing Opportunity Bond allocations approved by the Invest Atlanta Board. The former Capitol Homes site located in the 国会网关 community was first renovated in 2007 and is now out of its Low-Income Housing Tax Credit compliance period. The current renovation will use a new allocation of Low-Income Housing Tax Credits and preserve affordability with 163 units being made available at 60% AMI or below.

“随着足球外围买球靠谱平台的不断发展, we continue to work very intentionally to ensure that affordable housing investments bring lasting social and economic benefits to more residents,博士说。. Eloisa Klementich, president and CEO of Invest Atlanta. “去年, Invest Atlanta provided $175 million for housing initiatives to ensure that residents have access to affordable housing to increase long-term stability and build wealth. 这些投资不仅仅是住房投资, they are a foundation for building strong inclusive communities.”

 

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