The National Association of Home Builders (NAHB) has given City Lights Apartment Homes, in Atlanta’s Old Fourth Ward, its GOLD award as the Best 55+ Affordable Rental Community in the U.S. NAHB announced the honor in January at its International Builders Show in Las Vegas as part of its annual Best of 55+ Housing Awards presentation that recognizes excellence and innovation in the design, development, lifestyle and marketing of housing that appeals to the mature market.

The Urban Residential Finance Authority, a component unit of Invest Atlanta, issued $7.5 million in tax-exempt bonds and provided $600,000 in HOME funds to finance the first phase of the City Lights development, which will consist of an 80-unit apartment community for low-income, independent seniors, ages 62 and older.

Developed by Wingate Companies and its partner, Columbia Residential, City Lights is the first step in the multi-phase redevelopment of the Village of Bedford Pine. The apartment homes are expected to be completed this summer, and will provide residents with a state-of-the-art fitness center, TV and movie room, community kitchen, sun deck, covered garage, business center, and WiFi access.