FLATS AT THE INDIE
PROJECT SUMMARY
Location: 22 Airline Street, NE Atlanta, GA 30312
Units: 29 Units Total; HDDC is offering studio, 1, 2, & 3 BR
Acres: .552 (Approximate)
Available: Summer 2021
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In June 2018, HDDC entered into a joint venture agreement with Capital City Real Estate ("CCRE") in the development of 29 townhomes at 22 Airline Street
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HDDC owns the ONLY affordable and below market rate units within the development
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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. HDDC 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.
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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:
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Individuals who have lived or worked within the historic Old Fourth Ward neighborhood for a minimum of 20 years.
Click Map to Enlarge
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Workforce with income levels of 100% AMI and below.
*occupations below are eligible for reference points-
Teachers
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Fire fighters
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Police officers
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Medical professionals
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Potential buyers are required to attend HDDC’s pre- and post-homebuyer counseling facilitated by Resources for Residents and Communities or other HUD-approved counseling centers.
