“I am so proud of Columbia Residential and the other great agencies in this collaboration of the jump start of a major corridor of redevelopment in District 12,” said Atlanta City Councilmember Joyce Sheperd. “This affordable housing development is truly an example of equity of housing in our community.”

Renovation planning is underway; construction is expected to begin in mid-2019. Columbia Residential will manage the complex and provide services to residents before and after renovations, the news release said.

The announcement was made days before Atlanta officials and partners celebrated the grand opening of Gateway Capitol View—a 162-unit affordable living complex about a mile from the Capitol View Apartments. All units, located near the Oakland City MARTA station, will be reserved for seniors age 55 and over with incomes lower than 60 percent of the area median income.

READ | See renderings for this upcoming Reynoldstown mixed-use development

READ | Tenants ordered to leave one of Buckhead's last low-rent complexes

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