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Affordable Housing Best Practices
Project Name: Antioch Manor Estates Description: The Antioch vision includes multiple Phases: Phase I (completed in 2005) –, and Phase III (currently under construction) - Antioch Villas and Gardens. The design characteristics of the senior campus include a gated entrance, divided roadway, 10-12 acres of green space along Snapfinger Creek as part of the overall community plan. Sidewalks and extensive landscaping will connect all four phases. Vegetable and flower gardens will be provided for the residents. Amenities include recreational areas, beauty salon, barber shop, lounges with juice bars, audio video center (for movie nights), library with computer stations, spa, wellness center, meditation rooms, arts and crafts, card, billiards and game rooms, and laundry facilities. Phase I is a three-story independent living facility offering safe, secure housing for the elderly in a residential community setting, facilitating delivery of a range of programs and services for seniors. This initial phase of the continuum of care development serving the elderly is located at 4711 Bishop Ming Blvd. (formerly 1861 South Hairston Rd), Stone Mountain, Georgia, 30088, DeKalb County. Phase I was completed in 2005, and features independent senior living, consisting of 120 units ranging from studio to two and three bedrooms. All units have a full kitchen, living/dining area, one to two baths with a deck or patio. Phase I has consistently remained 97% to 100% occupied with a waiting list of over 200 qualified prospective residents. PHASE I
Antioch Villas and Gardens (Phase III) is currently under construction. With 16 HOME units at 50% AMI, 74 units at 60% AMI and 16 market rate units, the development will consist of 106, senior, mixed income units upon completion. Located on approximately 15 acres of land, the development will consist of 10 total buildings divided into two distinct unit types. Antioch Gardens, designed for the most frail, elderly renters will contain 60 units within one three-story mid-rise building. Antioch Villas, targeting younger senior households will include 46 total units in nine single-story plex-style buildings Apartments offered at the development will include efficiency, one, and two bedroom floor plans. The Antioch Garden building will contain a supportive housing facility, designed for the delivery of third-party home health services. Funding Source: Antioch Villas and Gardens, a $15 million project, was funded through a combination of Low Income Housing Tax Credits, Conventional Debt, and a HOME Loan provided to the Antioch A.M.E. CDC in the amount of $900,000. Justification for Best Practice: Impact on Area or Beneficiaries: ### |
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Content Archived: December 27, 2013 | ||
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