Atlanta Housing breaks ground on affordable housing village – Reporter Newspapers & Atlanta Intown

Atlanta Housing broke floor on a brand new undertaking that can create 108 inexpensive items within the Adamsville neighborhood.

“All 108 of those items are inexpensive. And we’re proud to have the ability to collaborate with Make investments Atlanta, the Metropolis of Atlanta and the Georgia Division of Neighborhood Affairs in creating these vitally wanted senior items,” mentioned Eugene E. Jones, Jr., president and CEO of Atlanta Housing.

A 3-story elevator constructing will home the brand new inexpensive items. The constructing will likely be constructed on the vacant website at 3650 Bakers Ferry Street.

The undertaking initially had the identify Concord at Bakers Ferry. Nevertheless, it was renamed after native activist Juanita H. Gardner on the neighborhood’s request.

“The Board of Commissioners wish to salute Gardner for her excellent neighborhood management over many a long time,” mentioned Tené Traylor, interim chair of the Atlanta Housing Board of Commissioners.

“This undertaking and others like it is going to assist be sure that Atlanta is a metropolis the place financial alternative is considerable for everybody, a metropolis the place affordability isn’t a luxurious, and a metropolis that’s ready to guide into the long run,” Traylor added.

The undertaking has acquired funding by:

• The AH-Make investments Atlanta Co-Funding fund
• An funding by AH and tax-exempt bonds from Make investments Atlanta
• 4 % Low Earnings Housing Tax Credit from the Georgia Division of Neighborhood Affairs

AH bought the undertaking website and is offering a long-term floor lease at a nominal price to the proprietor entity.

“Our Administration’s inexpensive housing efforts embody a dedication to make sure affordability is attainable for our legacy residents, and this new improvement does that,” mentioned Mayor Andre Dickens.

“With the investments and efforts from Atlanta Housing and Make investments Atlanta, Juanita H. Gardner Village gives legacy residents in Adamsville with entry to housing to allow them to stay in the neighborhood they helped construct,” Dickens continued.

Challenge officers estimate a 14-month development interval.