GA Affordable Housing P3s Growing

By Nolan Miles
P3 Kentucky Staff Writer

Affordable housing has become a top priority for the state of Georgia as cities like Atlanta are searching for new ways to fund low-income residences. The most recent public-private partnership to revitalize an existing low-income housing complex has come to fruition with the help from national housing developer Vitus.

Vitus recently purchased Heritage Station in Atlanta’s Pittsburgh neighborhood, adding to the over 100 other properties acquired by the private developer across the country. Following renovations of the complex, which was built in 2007, the 370 units will be reserved for those making 60 percent or below median income levels.

“Georgia and the City of Atlanta, in particular, are taking a proactive approach to ensure affordable housing is appropriately funded,” said Scott Langan, development director for Vitus. “This market shows great promise because of the progressive policies of the Georgia Department of Community Affairs (DCA) and the Atlanta Housing Authority. We are excited to be partnering with these forward-thinking agencies to build on our previous work and further serve the region.”

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