58 | Business World Magazine |
October 2013
affordable housing. “We thought, no, it
makes more sense to have residents be
closer to services and businesses in town,
so they could better build upon these op-
portunities,” says Benham.
That approach has resulted in a range
of activities, among the most notable is
the major redevelopment of 40-acre site
that once held 125 units constructed dur-
ing President Johsnon’s Administration.
Located along a busy urban corridor off
Hawthorne Avenue, the Athens Housing
Authority has referred to the project as
more of a “transformation” as opposed
to a renovation. When complete, the site
will accommodate as many as 350 units,
with two-thirds designated as affordable
housing (sold at prices adjusted for tenant
income) and one-third will sell at market
rate.
