A RESOLUTION
No.
WHEREAS, the Housing Authority of Columbus, Georgia was successful in obtaining
a 2002 HOPE VI Revitalization Grant for Peabody Apartments;
WHEREAS, Integral Properties, LLC was selected as the Authority?s
developer/partner in the revitalization of Peabody Apartments;
WHEREAS, Integral Properties, LLC was successful in obtaining low-income
housing tax credits for Phase 1-Peabody Apartments, a 184-unit rental,
mixed-income residential community;
WHEREAS, Integral Properties, LLC is applying to the Georgia Department of
Community Affairs (DCA) for low-income housing tax credits to construct Phase
II-Peabody Apartments, a 183-unit rental, mixed-income residential community to
be located at 1100 27th Street;
WHEREAS, a summary of said application is attached hereto as Exhibit A;
WHEREAS, DCA has established certain regulations whereby low-income housing tax
credit application, to be competitive, must be formally endorsed by the
governing authority of the pertinent municipality or county;
WHEREAS, the Columbus Council wishes to endorse the aforementioned application
by Integral Properties, LLC
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA HEREBY RESOLVES:
We hereby endorse the application by Integral Properties, LLC, to the
Georgia Department of Community Affairs for low-income housing tax credits to
construct the proposed Phase II-Peabody Apartments.
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Introduced at a regular meeting of the Council of Columbus, Georgia held on the
18th day of April, 2006, and adopted at said meeting by the affirmative vote of
______ members of Council.
Councilor Allen voting ___________________.
Councilor Anthony voting__________________.
Councilor Davis voting____________________.
Councilor Henderson voting________________.
Councilor Hunter voting___________________.
Councilor McDaniel voting_________________.
Councilor Rodgers voting__________________.
Councilor Suber voting____________________.
Councilor Pugh voting_____________________.
Councilor Woodson voting__________________.
______________________________ ______________________________
TINY B. WASHINGTON ROBERT S. POYDASHEFF
CLERK MAYOR
Exhibit A
Project Description
The Peabody Revitalization Program II
Applicant/Developer Integral Peabody II, LLC proposes to develop through new
construction of The Peabody Revitalization Program II. The project contains 183
units of stacked flats and townhouses, a senior building, a management/leasing
office and swimming pool. This multi-family development will be fully
landscaped and include asphalt parking areas and driveways with concrete
curbing, sidewalks, security lighting and security fencing. The outdoor
amenities will include a gazebo, trash compactors, a swimming pool, a barbeque
area, tot lots, a linear park and playground, a fitness center, and a resident
business center. The Peabody development is designed to attract market rate
renters. The new mixed-income community will not only incorporate new housing,
it will also include a park, new retail and street improvements.
Street Address: 1100 27th Street
Construction Type: New
Number of Units: 183
Unit Mix: 1/BR/1BA 77 Units
2/BR/1BA 12 Units
2/BR/2BA 70 Units
2/BRTH/2.5BA 18 Units
3/BRTH/2.5BA 8 Units
Total Acreage: 10.3 Acres
Zoned: R4
Amenities: Flats/Townhouses: Each unit will have a fully equipped
kitchen with oven, dishwasher, disposal unit, and
washer/dryer connections.
Master Plan: The pedestrian-oriented neighborhood will take
advantage of its locational assets to make connections to downtown
Columbus, the historic neighborhoods Waverly Terrace and Weracoba
/ St. Elmo and the newly revitalized downtown?s riverfront
redevelopment, regional performing arts center, and historic district.
Peabody Apartments are uniquely situated to produce the desired
multiplier effect of sustainability, removal of blight and the
emergence of this location as an affordable market-rate housing choice.
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