Village at Legacy
Decatur Housing Authority is excited to have been chosen by the City of Decatur for the development of affordable housing at Legacy Park. This new development, known as the Village at Legacy, will be constructed in two phases, each consisting of 66 units of quality housing made available for low-income families. Phases I and II will consist of a mixture of housing types, including duplexes and garden-style apartments.
The City of Decatur purchased the former United Methodist Children's Home property consisting of 77 acres in 2017. Following the acquisition, the City conducted a yearlong planning process to complete a full master plan for Legacy Park. The City then completed a Housing Addendum that defined what affordable housing should look like in the North and South Housing Villages. In the fall of 2021, the City of Decatur engaged DHA, and its nonprofit housing developer Preserving Affordable Housing, Inc. (PAHI) through an Intergovernmental Agreement to develop, own, and operate the affordable housing in the South Housing Village. The City of Decatur will continue to own the land at Legacy Park and has entered a long-term ground lease with DHA for the project.
The Village at Legacy successfully integrates the new housing into Legacy Park's pleasant setting while providing affordable housing in a city that offers excellent education, employment opportunities, health services, and recreational amenities. In addition, residents will enjoy community amenities including a large community center and green space, a business center, a barbeque pavilion, and raised garden beds. DHA will also be extending its robust resident services program to serve Village at Legacy residents.
DHA has been awarded Low Income Housing Tax Credits by the Georgia Department of Community Affairs to support both phases of development. Additional financing is being provided by the City of Decatur and the Decatur Housing Authority. Equity and debt investment for Phase I is provided by Hudson Housing Capital, Advantage Capital, and Bank of America.
Construction on Village at Legacy Phase I is expected to begin in early 2024, with construction completion in summer 2025. Village at Legacy Phase II is expected to begin construction in late 2024.