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An official neighborhood of Atlanta. Site of former Perry Homes, which were demolished in 1999. [9] Includes Columbia Estates, 124 townhouses and garden-style apartments, for rent; Columbia Heritage, a 132-unit mixed-income seniors housing development; Columbia Park Citi, a 154-unit mixed-income garden-style apartment complex
Techwood Homes, late 1930s Family in Techwood Homes apartment, late 1930s. Techwood Homes was an early public housing project in the Atlanta, Georgia in the United States, opened just before the First Houses. The whites-only Techwood Homes replaced an integrated settlement of low-income people known as Tanyard Bottom or Tech Flats.
The project was named for Alonzo F. Herndon, who was born a slave, and through founding the Atlanta Life Insurance Company became Atlanta's richest African American. [36] [37] On June 15, 2016, Atlanta Housing Authority announced a development team has been selected to create a mixed-use mixed-income community on the site, "Herndon Square". [38]
Post Properties, Inc. was a publicly traded real estate investment trust headquartered in Atlanta, Georgia that invested in apartments. As of December 31, 2015, the company owned interests in 24,162 apartment units in 61 communities. [1] In 2016, the company was acquired by Mid-America Apartment Communities.
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
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