NEWS BRIEF: Affordable housing planned along the BeltLine
Eastside Trail development begins
Photo credit: Courtesy atlantahousing.org
Construction is set to begin on a $43.6 million development next to the Atlanta BeltLine consisting of 116 units of affordable housing. Located at 872 Memorial Drive and adjacent to the Eastside Trail, Madison at Reynoldstown “will offer families quality amenities and central access to entertainment facilities, retail shops, restaurants, a grocery store and green spaces,” according to an announcement. The rental apartments will be deemed affordable for working families earning up to 80 percent of the Area Median Income (AMI). Atlanta Housing’s HomeFlex program will provide subsidies to 46 of those units for those earning up to 30 percent of the AMI. Atlanta BeltLine, Bank of America, and the Georgia Department of Community Affairs are also contributing. atlantahousing.org