FLATS AT THE INDIE

PROJECT SUMMARY

  • Location: 22 Airline Street, NE Atlanta, GA 30312
    Units: 29 Units Total
    Acres: .552 (Approximate)

    Available: Summer 2021

     

  • HDDC entered into a joint venture agreement with Capital City Real Estate (“CCRE”)
     

  • Developed 29 townhomes at 22 Airline Street in June of 2018
     

  • HDDC owns the ONLY affordable units within the development
     

  • HDDC is introducing a pilot Long Term Affordable Shared Equity Homeownership Program. HDDC is selling Deed Restrictive Homeownership units at an affordable rate that will last forever. Our program provides the borrower with the necessary tools to not only obtain homeownership but also maintain their new responsibilities. HHDC has partnered with Resources for Residents and Communities, a non-profit organization dedicated to supporting the community through programs designed to enrich the lives of metro Atlanta residents.
     

  • Shared equity homeownership programs facilitate broader access to affordable, low-risk homeownership opportunities for low-income families.

AM I ELIGIBLE?

FLATS AT THE INDIE HOMEOWNERSHIP PROGRAM ELIGIBILITY CRITERIA:
 

  • Individuals who have lived or worked within the historic Old Fourth Ward neighborhood for a minimum of 20 years.









    Click Map to Enlarge
     

  • Workforce with income levels ranging between 80%-120% AMI.
    *occupations below are eligible for reference points 

    • Teachers

    • Fire fighters

    • Police officers

    • Medical professionals
       

  • Potential buyers are required to attend HDDC’s homebuyer course facilitated by Resources for Residents and Communities.

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