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Griffin's Opening of The Oakes at the Park Pointe Brings Renewed Hope and Excitement
HUD Southeast Deputy Regional Administrator Willie Taylor joined City of Griffin Mayor Douglas Hollberg and Congressman Lynn Westmoreland (R-GA 3rd District) and other local dignitaries October 26, 2015 in recognizing the opening of the Oakes at the Park Pointe a mixed income and senior living development in Griffin, Georgia. Located just about an hour from Atlanta the City of Griffin started some years ago on a bold journey to create state of art energy efficient mixed income housing for the elderly and low income families by creating a plan that involved the demolition of the Meriwether Homes which have been on the current site of the new Oakes at the Point since 1962. "The City of Griffin through its commitment to those we mutually serve has been able to change the landscape of the city with the historical development of the Oakes at the Pointe, a mixed income state of the art, housing development available to low income families and the elderly," said Taylor. "This is a moment in which the citizens of Griffin can be truly proud of and appreciate as it will make significant difference in so many lives in the community as well as the economy." The $15M in Federal Home Loan Bank, Georgia DCA Loan and Investor Equity Loan is bringing the Oaks at the Pointe into reality and finally ushers in the end to the Meriwether Homes which were built over 60 years ago in 1952. The three phase development area will create a new mixed-income housing development which emulates the success of larger cities with useful state of the art amenities. Phase I is a $15 million project and involves the new construction of 84 family rental units in 14 buildings, which began construction in November 2014. The units consist of 48 - 2 bedroom apartments and 36 - 3 bedroom apartments. The funding programs included are LIHTC and RAD 60% / 50%. Another major accomplishment worth noting is that site work is sensitive to the eco structure of the area and the city working with developers are seeking certification for both EarthCraft Communities and EarthCraft Multi-Family. This speaks volumes to the contemporary approach Griffin has taken regarding energy conservation and sustainability of the community as well. The overall quality of life enhancements in construction include a new community and leasing center over 2,300 sq. feet with a picnic area including a maintenance area, leasing center, community meeting center (with kitchen), and a computer room. ### |
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Content Archived: February 1, 2017 | ||
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