200 more units of affordable housing officially opens in Atlanta

ATLANTA – Atlanta’s latest reasonably priced home neighborhood was formally opened alongside the Atlanta BeltLine.

Atlanta Mayor Andre Dickens and Atlanta BeltLine President and CEO Clyde Higgs reduce the ribbon Wednesday morning on Parkside.

The neighborhood is situated within the Bankhead/Historic Westin Heights space.

The advanced options 1, 2, and three bed room ground plans, a health middle, and playground.

Parkside, a brand new reasonably priced housing advanced alongside the Atlanta BeltLine, formally opened on June 1, 2022. (FOX 5)

Hire reportedly ranges from round $700 to $1,500 a month.

“And since this January, we have now made one of many largest investments in housing in Atlanta’s historical past. We’re positively going to pursue and transfer in the direction of our aim of 20,000 models of reasonably priced housing,” the mayor mentioned.

Earlier this month, Mayor Dickens convened his Inexpensive Housing Strike Power asserting the town will make investments an extra $58.7 million within the improvement of housing, stopping evictions and addressing homelessness. The mayor mentioned it’s the metropolis’s largest-ever single-year housing investments.

Parkside, a brand new reasonably priced housing advanced alongside the Atlanta BeltLine, formally opened on June 1, 2022. (FOX 5)

Parkside opening provides 192 models of reasonably priced housing within the metropolis.

Earlier this yr, the mayor introduced a brand new 10-story, 218 unit reasonably priced housing advanced close to Capitol Sq. in Downtown Atlanta.

This yr, the mayor has touted opening or reopening almost 1,000 new reasonably priced housing models.

In April, for the primary time in at the very least a decade, the Federal Reserve Financial institution designated proudly owning a house in Atlanta unaffordable for the common purchaser.