Decatur Gears Up for New Affordable Housing Development for Seniors
Exciting news is on the horizon for the lovely city of Decatur! A new affordable housing development aimed at seniors is set to break ground soon, bringing with it some much-needed living space for our community’s elderly members. The project, called Solace Grove, is located at the corner of 2nd Avenue and Tilson Road, and it’s designed to help seniors aged 62 and older who are at or below 60 percent of the area median income (AMI).
What’s in Store at Solace Grove?
Solace Grove will be a thoughtfully designed community consisting of a three-story main building that includes 89 apartments. This building won’t just be a place to live—it’s going to be a hub for activities and social interactions. Inside, there will be a cozy community room where residents can gather, a fitness area for keeping active, a computer room for those who enjoy tech, and an arts-and-crafts space for creativity to flow.
In addition to the main building, Solace Grove will include six charming single-story triplexes, each containing six units. Residents will be able to choose between a range of one- and two-bedroom units, ensuring there’s something for everyone. The layout is perfect for seniors looking for a safe and engaging environment.
Connecting with Nature
One of the standout features of this development will be its connection to nature. There are plans for raised bed gardens that will allow residents to get their hands dirty and grow their own vegetables, along with walking paths for leisurely strolls amid the greenspace. This emphasis on outdoor living is sure to enhance the quality of life for everyone in Solace Grove.
Funding the Future
The total cost for this wonderful project is pegged at a hefty $37 million. However, thanks to the hard work of several partners, including a significant $15 million investment via Low-Income Housing Investment Tax Credits (LIHTC) from UnitedHealth Group, the dream of Solace Grove is becoming a reality. The Georgia Department of Community Affairs has also lent its support through various tax credits, and Dekalb County officials have played a crucial role in bringing this vision to life.
Meet The Developer
The team behind this exciting development is the Vecino Group, a national affordable housing developer known for creating quality living spaces. To date, they have built over 3,000 units of affordable housing nationwide. Their impressive Atlanta portfolio includes the Intrada Westside, which successfully secured financing in 2021 and welcomed residents just last year.
What This Means for Decatur
Solace Grove is more than just a housing development; it’s a step towards a more inclusive and supportive community for our seniors. With the growing need for affordable senior housing, this project provides a sustainable living option that fosters independence while providing essential community support. The combination of comfortable living spaces and communal facilities will surely enhance the vibrancy of Decatur.
As the ground-breaking ceremony approaches, there’s a palpable buzz in the air about what this new community will bring. With a range of facilities and an inviting atmosphere, residents of Solace Grove can look forward to a fulfilling lifestyle in their golden years.
This development marks a bright new chapter for Decatur, and it’s something we can all take pride in. Stay tuned for more updates as construction gets underway. The future is looking bright for our seniors in Decatur!
