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Delowe Place Cooperative

Photo of Delowe Place

Minutes from historic downtown East Point, Delowe Place features spacious units and cooperative living

Originally known as Delowe Gardens, Delowe Place opened in 1995 as PRI's first affordable housing development in East Point, Georgia. In addition to the expected challenges inherent to securing project financing, PRI encountered significant resistance from members of the community. Delowe Place, therefore, represents a triumph for PRI not only in rehabilitating 84 critically needed, one-, two- and three-bedroom apartments, but also in converting one-time adversaries into advocates. To allay their concerns about crime returning to their neighborhood, community residents were invited to form a resident selection committee, which included area business owners, members of the neighboring church and even a City Councilperson. As tenancy grew at Delowe Place, residents were later included on the committee. The success of this alliance was instrumental in generating support for Delowe Village, PRI's second development in East Point.

Delowe Place Cooperative
2327-77 Delowe Drive
East Point, Georgia 30344
404-763-3344

Property-at-a-Glance
Completion Date: 1995
Number of Units: 86
Developer: Progressive Redevelopment, Inc.
Architect: Smith Dalia Architects
General Contractor: Landan Company
Property Management: PRISM Realty Management
Funding Sources:
  • Low Income Housing Tax Credits
  • Fulton County HOME Loan
  • State of Georgia HOME loan
  • Tucker Federal Savings & Loan (now RBC Centura)
Development Type: Rehabilitation
Property Type: Apartment Leasing Cooperative
Development Profile: 6 1-bedroom units
56 2-bedroom units
24 3-bedroom units
Residential Profile: 43 units restricted to 50% of Area Median Income
43 units restricted to 60% of Area Median Income
Amenities:
  • Central Heat and Air Conditioning
  • Playground
  • MARTA Access
  • New Appliances
Supportive Services provided On-site: Offering the long-term benefit of cooperative living, Delowe Place features a variety of services intended to assist families with community organizing, leadership and civic involvement. In addition, as with all PRI properties, residents will benefit from access to crisis intervention services, such as emergency rental and food assistance.
Total Development Costs: $3,115,000
321 W. Hill Street, Suite 3
Decatur, GA 30030
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