Both of these developments are older Section 8-assisted developments that by 2006 were in dire need of rehabilitation. In a total transformation of both properties, each unit was enlarged by some 400 sq ft and now has a second bathroom; the Section 8 rental assistance was preserved to help maintain affordability.
Anthony Arms consists of 61 units, 41 of which are HUD-assisted, with rent based on 30% of a family’s adjusted income.
Total Development Cost: $7.6 million.
Kingston Gardens consists of 100 units, all of which are HUD Section 8-assisted, with rent based on 30% of a family’s adjusted income.
Total Development Cost: $12.6 million.
Amenities for both properties include: On-site manager/maintenance; newly built community centers with fitness and computer centers, meeting rooms, laundry facilities, library; beautiful landscaping, covered pavilion, and decorative fencing with security gates.
Awards: Finalist for DCA’s 2008 Magnolia Award; Kingston Gardens was featured on the cover of the Georgia Department of Community Affairs’ 2009 Qualified Allocation Plan.