Decatur Housing Authority receives tax credit for second phase of redevelopment
The Decatur Housing Authority has received a tax credit for the next phase of a project to rebuild public housing at the intersection of West Trinity Place and Electric Avenue.
Phase 1 of the Gateway Manor redevelopment has 69 units and is expected to be finished in May of 2016. Phase 2 will have 52 units, and will likely begin in June of 2016. DHA will relocate 22 families that live on site in Gateway’s current apartments into the newer apartments before moving forward with construction of Phase 2.
DHA Executive Director Doug Faust said, “DHA is proud of this achievement to secure tax credits in a very competitive 2015 round of (Department of Community Affairs) funding. The federal and state tax credit award will allow the investment of $9.4 million in equity into the Trinity Walk II community located in downtown Decatur.”
The Housing Authority also plans to relocate families from Oakview Apartments in Oakhurst, Faust said.
“Additional families from the Oakview community and from the relocation vouchers will also return to Phase 1,” Faust said. “DHA is planning a third phase of development of 34 units at the Oakview site in Oakhurst.”
Faust and DHA recently held a meeting in Oakhurst do discuss plans for the Oakview site.
According to a handout from DHA, the plans are to use the housing tax credit program for that project. Families who earn up to 60 percent of the area median income will be eligible to live in the new units there.
Faust said, “We are moving through the zoning process and agreed to come back with the design for input and comments.”
The full details about the program are included in this letter:
Faust also sent over this fact sheet about the Trinity Walk project:
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