Woodlands Village Apartments
Newly constructed, Woodlands Village provides independent living for
seniors (over age 62) in historic LaFayette, Georgia, located in north Georgia, near Chattanooga, Tennessee
Approximately two hours northwest of Atlanta in the Chattanooga
metro area, Woodlands Village Apartments provides 52 units for senior households. The units
are specifically targeted for seniors whose incomes exceed requirements for federally-subsidized
housing, but who cannot afford market-rate independent-living facilities. PRI is increasingly
involved in senior housing projects to bridge this gap in the residential market. Woodlands
Village provides a comfortable senior lifestyle with a number of retail and community services
are within a 1/4 mile of the property. In addition, several supportive service agencies offer
their services on-site, including preventative health care, meals, and social activities. A
community center, several gathering areas, and the overall site design encourage community interaction
among residents. In summary, Woodlands Village provides quality affordable housing plus
convenient services for a growing market of seniors in the area.
Woodlands Village Apartments
1201 W. North Main St.
LaFayette, Georgia
706-639-9595
|
Property-at-a-Glance |
| Completion Date: |
2003 |
| Number of Units: |
52 |
| Developer: |
Progressive Redevelopment, Inc. |
| Architect: |
Smith Dalia Architects |
| General Contractor: |
Merit Construction Company |
| Property Management: |
PRISM Realty Management |
| Funding Sources: |
|
| Development Type: |
New construction |
| Property Type: |
Apartments |
| Development Profile: |
40 1-bedroom units
12 2-bedroom units |
| Residential Profile: |
14 units restricted to 40% of Area Median Income
38 units restricted to 50% of Area Median Income |
| Amenities: |
- Community building and garden
- Internet access
- Washer/dryer hookups in each unit
- Emergency call system
|
| Supportive Services provided On-site: |
Transportation to the local senior center, Meals on Wheels, Health Screenings,
and social activities are available to all residents of Woodlands Village |
| Total Development Costs: |
$3,378,000 |
|