Dec 19Two Atlanta Nonprofits Deliver Over 100 Affordable Apartments to Old Fourth Ward
Projects Community Connections, Inc. and Mercy Housing Southeast are partnering to support the city’s efforts to revitalize a historic neighborhood.
For Immediate Release: December 19, 2019
Contact: Beth Haynes | 470.639.1315 | Beth.Haynes@mercyhousing.org
ATLANTA – A mixed-use development, Thrive Sweet Auburn, which will include 117 affordable housing units and commercial space is coming to 302 Decatur Street, on a property that has housed the offices of Project Community Connections, Inc. (PCCI). For 20 years, PCCI has provided housing and ancillary services promoting economic self-sufficiency to thousands of individuals and families.
The development recently was awarded the highly competitive 9% Low Income Housing Tax Credits (LIHTC) by the Georgia Department of Community Affairs for the construction of 117 affordable apartments and additional commercial space in Atlanta’s historic Old Fourth Ward. Twenty percent of the affordable units will be designated for permanent supportive housing and all units will serve residents who earn 30% to 80% of the area median income (AMI).
The commercial portion of the project will include PCCI’s new office, facilities for workforce development services, resident amenities and additional commercial space available for lease. Other services will include preventative healthcare, nutritional services for the residents and surrounding community. The Thrive Sweet Auburn site is located near the King Marta station, Grady Memorial Hospital and Georgia State University and community amenities, such as the Martin Luther King Jr. Natatorium, Selena S. Butler Park and the rapidly redeveloping Sweet Auburn district.
“This is the rebirth of Atlanta’s first multi-purpose facility that served those in greatest need. We now have an opportunity to expand our work by building a state-of-the-art facility that will advance the City’s plans for holistic revitalization of the neighborhood,” said Jimiyu Evans, Co-Executive Director of PCCI, Inc.
The development has received financial support from National Housing Trust Fund and HomeFirst, the City of Atlanta’s public/private commitment to reduce homelessness through $50 million in funding for affordable housing. The development aligns with the Downtown Atlanta Master Plan and contributes to the city’s commitment to expand and support affordable housing.
“We are thrilled to partner with PCCI to deliver this vitally needed affordable housing to Atlanta’s core. The need for affordable housing is great. We look forward to supporting healthier, more equitable communities by providing stable housing,” said James Alexander, President of Mercy Housing Southeast.
Thrive Sweet Auburn will offer studio, one-, two-, and three-bedroom apartments and is expected to be ready for occupancy in late 2021.
About Project Community Connections, Inc.
PCCI’s mission is to permanently rehouse individuals and families experiencing homelessness into decent, affordable places to live and thrive. To offer housing options and collaborate with community and human service organizations to provide ancillary services that promote personal and economic self-sufficiency. https://www.pccihome.org/
About Mercy Housing Southeast
Mercy Housing Southeast (MHSE) provides affordable homes to people with low incomes, including families, seniors, people who have experienced homelessness, and people with disabilities. With 45 properties throughout Alabama, Georgia, Kentucky, North Carolina, Ohio, South Carolina, and Tennessee, MHSE serves more than 5,200 people every day. MHSE supplements much of its housing with Resident Services, programs that help residents build stable lives. MHSE is a regional branch of Mercy Housing, Inc. (MHI), a leading national affordable housing nonprofit headquartered in Denver, CO. mercyhousing.org/southeast