In the News: Columbia Residential, Decatur Housing Authority awarded funding for 80-unit senior housing project
Decatur, GA — The Decatur Housing Authority, in partnership with Columbia Residential, were recently awarded a 9% low-income housing tax credit allocation from the Georgia Department of Community Affairs to provide funding for the development of phase II of Columbia Senior Residences at Decatur East, according to a press release.
The development will be located at the corner of Freeman and Sams Streets near the Avondale MARTA station.
Columbia residential completed Phase I in 2018, which was a 92-unit mixed-income senior community. The developers are now working on Phase II of that project, and all units will be for seniors aged 62 and older.
“This is planned to be an 80-unit senior community, with 70 of those units restricted as affordable, and that’s at 50% or 60% of the area median income. In addition, there’s 24 project-based vouchers that will help support lower income residents to reside here,” said Christina Davis, development manager with Columbia Residential, at the Nov. 15 Decatur City Commission meeting.
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SOURCE: Decaturish
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