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Old Today, 10:13 PM
 
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Lincoln Property Co. is planning 171 apartments in the new project, with 43 studios, 90-one-bedroom and 38-two bedroom units.

The large number of studio units and relatively low density of the development on the 5-acre site may reflect how apartment developers are adapting in the new era of mandatory affordable housing requirements within the city’s Beltline Overlay District.

Lincoln Property said it modified the mix of units to comply with the inclusionary zoning regulations, with 15 percent, or about 26 units in the new project, at 80 percent of Area Median Income.

That would mean the units start at just over $1,000 for studios, based on 2018 Invest Atlanta Workforce Housing income levels. The project would add much needed affordable housing to the city of Atlanta, Lincoln said in documents released by the Development Authority of Fulton County.
https://www.bizjournals.com/atlanta/..._news_headline
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