Have you always wanted to live close to Downtown's great restaurants and attractions, but thought that it was too expensive for your budget? Downtown is in the midst of a residential revival and all of the hottest new buildings have affordable units still available. The sales price for one bedroom units is $144,000 and the sale price for two bedroom units is $155,000. Click on the links below to learn more about how you can become Downtown's newest resident.
The skyline is changing. The architecture is awesome. The vision is new Atlanta. TWELVE Centennial Park consists of twin 39-story residential towers which book-end a fabulous boutique hotel that complement exciting downtown living. Innovative. Interesting. Smart. Glass that reflects the sky, the city and the upfront urban attitude of the people who will call TWELVE Centennial Park their home. Be first.
Coming Soon! Tribute Lofts located at the junction of Freedom Parkway and Boulevard, will offer true loft living in the heart of the city's historic Old Fourth Ward. Homeowners will enjoy high-design and high-quality homes all within an easy walk or bicycle ride to Inman Park, Virginia Highlands, Little Five Points, Midtown and Downtown. To register on our priority buyers list go to www.tributelofts.com
The Reynolds is an architecturally inspiring building offering a boutique condominium environment. It traditional architecture provides a genuine alternative to other properties in the area, with fewer and larger units and a greater percentage of two-bedroom residences. Homes at The Reynolds are perfectly located within the in-town So-No district, south of North Avenue. Situated in the corner of Peachtree and Linden, The Reynolds offers access to countless restaurants, shops and cultural attractions, within footsteps rather than miles.
Located on Auburn Avenue in a formerly-neglected portion of Atlanta's revered Martin Luther King, Jr. Historical District, Renaissance Walk will include 158 for-sale on and two-bedroom condominiums along with 27,000 square feet of new and restored retail development, and approximately 4,000 square feet of adaptive reuse historical interpretive museum space. The development will also restore several 1950s and 1960s era historical buildings and readapt them to modern uses.
Oakland Park is conveniently located in the northern part of historic Grant Park and overlooks the Oakland Cemetery. Residents of Oakland Park can walk to the MLK MARTA station, Zoo Atlanta and numerous bars and restaurants. Best of all, residents enjoy unobstructed views of downtown.
The buildings listed above are located in the Eastside tax allocation district (TAD). At least 20 percent of the units in projects receiving TAD funds must be affordable buyers whose gross household income does not exceed 80 percent of the Atlanta metropolitan statistical area median income level as defined by the U.S. Department of Housing and Urban Development. The income levels for 2006 are as follows:
Household Size Income Limit
1 Person $39,850
2 Person $45,550
3 Person $51,250
4 Person $56,590
5 Person $61,500
To learn more about the Eastside TAD affordable Housing Purchase Program, click here>>
To print a PDF brochure of Downtown's affordable housing opportunities, click here>>
Did you know, of occupied housing units within the City of Atlanta, about 44% of them are owner occupied. The average home price in the City in 2002 was $243,000?
