AUGUSTA, Ga (WJBF)- Thursday, Augusta leaders will officially break ground on a low-income apartment complex in Augusta. The Lenox will help address the need for more affordable housing.
The Lenox is being co-developed by Woda Cooper Companies, Inc. and Parallel Housing, Inc.
The building will be 4 stories with commercial space on the ground level. The $17.5 million development will have 64 units, 25 one-bedroom and 39 two-bedroom and be ADA compliant with an elevator.
It’ll have a multipurpose room with kitchenette, a central laundry room, a computer room, fitness center, and rooftop terrace.
Tennis courts at Diamond Lakes getting a makeover
Renters must earn 30 to 80 percent of the area’s median income or up to $54,880 for a two-person household.
“Affordable housing and not what we build, what we finance. Affordable housing doesn’t have to look like what you may think in your mind. Affordable housing, in my opinion, is competitive. And the aesthetic look of should be the aesthetic look over $250,000 house. There’s no difference. We expect no different. What the Lenox is, is a nucleus,” said Hawthorne Welcher, Director at Augusta Housing and Community Development.