Real Estate Development

Mercy Housing Southeast has developed or preserved 46 properties delivering over 3,350 affordable rental homes since 1996. Over two-thirds of our portfolio is in Georgia, with 1,689 homes in the Atlanta metro area and 803 homes in Savannah.

From its beginnings, MHSE has been deeply committed to engaging in holistic revitalization that supports strategies to preserve and create new affordable  housing. Our proven expertise to transform communities is evident in the work we have done in Savannah and Atlanta.

Current developments include:

Savannah Gardens - Savannah, GA

Savannah Gardens, a 439 unit affordable housing community, the five-phase Savannah Gardens project that includes both family and senior apartments, is the redevelopment of Strathmore Estates, a 44-acre site with 380 units of substandard rental housing, now credited with turning a crime infested eyesore into a safe, attractive and vibrant neighborhood.

 

Reynoldstown Senior Residences Exterior

Reynoldstown Senior Residences, a 70-unit affordable senior housing community in Atlanta’s historic Reynoldstown district, was part of a multi-faceted strategy to create housing for a mix of incomes around the Atlanta Beltline, a formerly blighted stretch of neighborhoods where property values are now skyrocketing. Reynoldstown Senior Residences won the prestigious 2017 Charles L. Edson Tax Credit Excellence Award for Outstanding Senior Housing Development – a national honor awarded by the Affordable Housing Tax Credit Coalition.

 

GA - Senior Residences at Mercy Park

The Senior Residence at Mercy Park, a 79-unit transit-oriented development that integrates affordable senior housing with adjacent health services in partnership with Mercy Care. Situated in a once rundown industrial zone now peppered with upscale new housing and retail, the LEED Gold facility allows for aging in place and ensures that low-income seniors are able to stay in transitioning and gentrifying neighborhoods they have long called home. The Senior Residences at Mercy Park was just chosen as a Charles L. Edson Tax Credit Excellence Awards honorable mention recipient in the Senior Housing category for 2018. Affordable Housing Finance magazine also selected the Senior Residences.