Release date: June 30, 2016
Contact: Sherry Tyler, 206.832.1306, firstname.lastname@example.org
VITUS GROUP MAINTAINS AFFORDABILITY OF 99 HOUSING UNITS IN ATLANTA
Renovation and new ownership will focus on promoting health of residents
ATLANTA—Vitus Group, a national developer and owner of affordable housing, announced the preservation and planned renovation of Abernathy Towers at 1059 Oglethorpe Ave. SW—99 units of housing for low-income older adults. The acquisition will preserve the affordability of the apartments for another 20 years.
“Vitus is excited to create our first quality affordable rental stock project in Atlanta. The rehabilitation will include improved outdoor gathering space with gardens and a gazebo, in addition to the installation of new kitchens, bathrooms and windows,” said Vitus Group development director, Scott Langan. “We’ve worked together with the Atlanta community and local organizations to make this preservation of vital affordable housing for older adults a reality—so that they can continue living independently.”
Located in the West End Historic District, within walking distance to Howell Park and approximately three miles from downtown, the building houses approximately 125 older adults. A full 99 percent of the building’s units will be set aside for low-income older adults who will pay no more than 30 percent of their annual household income on rent. The renovation will include interior upgrades that will improve the building to be comparable to market rate residential apartment standards. The rehab will include green features such as high-efficiency appliances to reduce overall energy usage and resident utility bills.
The revitalization effort will also incorporate active design features into the building, including a community garden, exercise equipment, shaded outdoor seating areas, widened sidewalks and improved outdoor lighting. These infrastructure improvements will be supported by additional ongoing health and wellness programs to encourage physical activity, social gathering and a healthy lifestyle.
As one of the first affordable housing partners for the Partnership for a Healthier America (PHA), Vitus Group has committed to building healthier communities across the country by incorporating active design elements into at least 80 percent of its future projects. PHA, headed up by honorary chair Michelle Obama, works with the private sector to make healthier choices easily accessible for busy parents and families. Vitus is working with the Center for Active Design to independently verify the most effective features, tailored for specific communities.
ABOUT VITUS GROUP
Vitus Group’s mission is to create positive social impact – one community, one family, and one life at a time. As an innovative leader in affordable housing across the nation, Vitus specializes in the preservation of affordable properties in market areas where the need is greatest. With an emphasis on the well-being of its residents, Vitus provides access to healthy choices by offering spaces for physical activity, community gardening, enhanced walkways and stairwells, bicycle storage, and a variety of health and wellness programs. These active design elements establish wellness-centered communities that encourage healthy lifestyles. Since 1996, Vitus has developed and/or acquired more than 10,000 units of affordable housing in more than 100 properties, located across 21 states. A combined total of almost 25,000 residents now live in Vitus affordable housing developments across the country. www.vitusgroup.com