Atlanta, GA (2022)

The Front Porch at Auburn Avenue

A mixed-use development in Atlanta’s historic Sweet Auburn corridor (birthplace of Martin Luther King Jr.) called the Front Porch.

Investment

  • NMTC Amount: $30,500,000
  • Total Project Cost: $31,587,328

IMPACT

  • 78 FTE jobs
  • 150 construction jobs

Investor

Project Description

The new mixed-use development addresses non-displacement and equitable access to housing, enterprise, and community programming. The project includes 13 retail spaces, 54 residential units, and local and broader community benefits.

Key features of the project include:

  • Affordable rental units – The project will address the demand for affordable housing, offering 25 co-living, “dormitory-style” residential units (57 beds) to renters earning 60% AMI, as well as 15 1-bedroom units for renters earning 60% AMI or 80% AMI.
  • Homeownership: To ensure legacy residents and/or minority homebuyers have access to the improved neighborhood amenities, The project will feature 14 for-sale condo units, including 6-1BR units, 4 2-BR units, and 4 3-BR units, for community members with an income level between 80-120% AMI.
  • Affordable retail space: Minority-owned businesses are expected to represent 80% of the retail tenants to support the retention and creation of Black-owned businesses. The project also features the renovation of a historic funeral home into community space featuring artist and beauty studios, event space, and a basement speakeasy.
  • Healthy food access: A rooftop garden will provide fresh produce and educational opportunities to tenants and the surrounding community, providing increased access to affordable healthy foods. HDDC will work with HABESHA, Inc., a Black-led nonprofit that uses urban agriculture to promote community job creation and African culture.

MAP

Address: 348 Auburn Avenue Northeast, Atlanta, GA 30312

Census Tract:

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