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Construction begins on new housing project in Atlanta

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Construction begins on new housing project in Atlanta

The community will include 15,000 square feet of commercial space. Credit: Er_On via Shutterstock.

Atlanta Housing (AH) and The Benoit Group celebrated the groundbreaking of a new affordable housing project, Englewood Senior, in Georgia, USA.

The ceremony, which marked the start of construction on the development, was attended by Engineering Design Technologies, the Atlanta City Council and many others.

Benoit President and CEO Eddy Benoit said, “While this Englewood development is a mixed-use master-planned community, we are excited to break ground on the Englewood Senior building as the nation’s first affordable housing complex for seniors on the Atlanta BeltLine.

The development was originally built as Englewood Manor in 1971, comprising 324 public housing units.

These units were demolished in 2009 with approval from the U.S. Department of Housing and Urban Development (HUD) after residents were relocated in 2007 due to deteriorating site conditions.

Located in the Chosewood Park neighborhood, the new development will cater to residents ages 62 and older.

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It will offer 160 units to those earning 60 percent or less of the HUD area median income.

Each unit will have HomeFlex vouchers provided by AH.

The development will offer community amenities such as a centralized outdoor courtyard, computer room, fitness center and on-site laundry facilities.

It will also have more than 15,000 square feet of commercial space.

AH President and CEO Terri Lee said, “This affordable housing project will make a significant difference in the lives of our elderly and legacy residents by giving them the opportunity to live in a community that will provide them with the best equipment of their category and an improved environment. quality of life.”

Funding for the $72 million project comes from a variety of sources, including 4% tax-exempt bonds, HUD 221(d)4 loans, BeltLine Tax Allocation District funds and other federal funds.

In total, more than $300 million will be invested in the project, coming from public, private and philanthropic contributions.


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