885 Smith St SW
Our Opening Project: 885 Smith St. SE – reviving a worn-down property and adding it to Atlanta’s permanently affordable housing stock.
Our opening project fulfills Drew’s professional desire to increase Atlanta’s affordable housing stock, as well as his personal dream of renovating a property and renting or selling it to a long-time neighborhood resident.
We’ve purchased a home in the Pittsburgh neighborhood in Atlanta from one of our strategic partners, the Annie E. Casey Foundation, with the intent of renovating it and making it permanently affordable through a deed restriction. The deed restriction will mandate that the house can a) only change hands to residents of a certain income bracket and b) be sold at a lower rate relative to the market.
Pittsburgh is changing quickly, and the need for affordable housing options will only increase over time. The neighborhood is experiencing a significant period of investment given its proximity to downtown and adjacency to amenities like the BeltLine.