Columbia Mill Apartments
Tucked away on a beautifully wooded site, this apartment community is close
to I-20 in southeast Atlanta
Columbia Mill was the second joint venture conducted with Noel
Khalil's Columbia Residential, the property being acquired and renovated in 1996. The financing at
Columbia Mill is anchored by equity from the sale of low-income housing tax credits, augmented by
HOME funds from DeKalb County and the State of Georgia. Columbia Mill is one of six existing properties in
south DeKalb County that PRI has renovated, all of which benefited from support and financial participation
from DeKalb County. Today, looking back almost ten years, one can easily discern a revitalization
trend along the Flat Shoals corridor on which Columbia Mill is located, and PRI is pleased to have
contributed to that effort with this solid affordable housing property.
Columbia Mill Apartments
2229 Flat Shoals Road
Decatur, Georgia 30316
404-244-0300
|
Property-at-a-Glance |
| Completion Date: |
1996 |
| Number of Units: |
60 |
| Developer: |
Progressive Redevelopment, Inc. and Columbia Residential, LLC |
| Architect: |
Ray Engineering, Inc. |
| General Contractor: |
PRS Construction, LLC |
| Property Management: |
Columbia Residential Management |
| Funding Sources: |
- Low Income Housing Tax Credits
- DeKalb County HOME Loan
- State of Georgia HOME Loan
|
| Development Type: |
Rehabilitation |
| Property Type: |
Apartments |
| Development Profile: |
20 1-bedroom units
32 2-bedroom units
8 3-bedroom units |
| Residential Profile: |
24 units restricted to 50% of Area Median Income
36 units restricted to 60% of Area Median Income |
| Amenities: |
- Laundry Facility
- Playground
|
| Supportive Services provided On-site: |
Services at this community include crisis intervention and support
for community and civic involvement. |
| Total Development Costs: |
$2,751,000 |
|