Integral will obtain funding for the apartment-condominium conversion of the former Harris Homes public housing project from the city's Urban Residential Finance Authority, city staffers confirm to GlobeSt.com. The financing includes $5.4 million in low-income housing tax credits; $4 million in federal Hope VI funds; and $11.3 million in tax-exempt bonds.
The public housing structures have been demolished. Later phases of the project will include an undetermined amount of office and retail space.
Area brokers tell GlobeSt.com Integral gained attention in the redevelopment community by creating Centennial Place on a former public housing site occupied by Techwood Homes near Georgia Tech.
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