Welcome House SRO
A well-established single-resident occupancy property on the edge
of downtown Atlanta, this development is convenient to the MARTA public transportation system
Welcome House is the product of a unique joint venture between
PRI and a for-profit developer, Gibralter Land, Inc., to develop a Single Room Occupancy (SRO)
project. The concept grew out of a commitment by the City of Atlanta in 1991 to provide
more housing for the homeless, after homeless advocates occupied the old Imperial Hotel in downtown
Atlanta. In addition to a secure place to live, residents of Welcome House have available numerous
forms of on-site social and medical assistance. The design of the building, with several single
rooms sharing common bathrooms and kitchen areas, promotes individual privacy while reinforcing a
community spirit. The facility offers common areas with a library, laundry facilities, recreation
and other amenities, and it is also centrally located and accessible from public transportation,
which makes working in the community more convenient for the residents. This attractive, award-winning
community has been a "good neighbor" to this area of downtown Atlanta.
Welcome House SRO
234 Memorial Drive, SW
Atlanta, Georgia 30303
404-525-7300
|
Property-at-a-Glance |
| Completion Date: |
1992 |
| Number of Units: |
209 |
| Developer: |
Progressive Redevelopment, Inc. and Gibralter Land, Inc. |
| Architect: |
Bradfield & Associates |
| General Contractor: |
H.J. Russell & Company |
| Property Management: |
PRISM Realty Management |
| Funding Sources: |
- Low Income Housing Tax Credits
- Bank Consortium First Mortgage
- Georgia State Housing Trust Fund Loan
- Federal Home Loan Bank, Affordable Housing Program
- Foundation Grant
|
| Development Type: |
New Construction |
| Property Type: |
Single Resident Occupancy Mid-rise Apartments |
| Development Profile: |
Single Room Occupancy (shared bathrooms and kitchen facilities) |
| Residential Profile: |
104 units restricted to 50% of Area Median Income
105 units restricted to 60% of Area Median Income |
| Amenities: |
- All Utilities Included
- Furnished Units
- Laundry On-site
- Library On-site
- 24 Hour Front Desk
- Full Supportive Services provided On-site
|
| Supportive Services provided On-site: |
Operated with CaringWorks staff and a variety of partners, this supportive
housing development offers a comprehensive program of services that help residents cope with
addiction recovery, and with chronic mental and physical disabilities. In addition, all residents
have access to crisis intervention and support for community and civic involvement. |
| Total Development Costs: |
$3,854,000 |
|