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The Remington to Offer Quality, Safe & Affordable Housing to Northwest Atlanta Seniors

The Remington officially opened its doors to senior residents at a celebration held at the property on Thursday, June 14.  

The high-quality, safe, and affordable senior housing development has already begun welcoming tenants and will soon be at capacity. The Remington offers 160 units total, with 18 units set aside for those making 50% Area Median Income (AMI) and 142 units for those earning 60% AMI or less. No resident will pay more than 30% of their income on rent.  

The residents all have energy-efficient appliances, including a washer and dryer in each unit, as well as access to a shared computer lab, community room, and fitness center. 

“So much goes into creating a vision of something you can only see on paper,” Torian Priestly, Executive Vice President at The Benoit Group, said during the ceremony. “Projects like this take an enormous amount of effort, focus, and determination. Through that persistence, we were able to build The Remington to help with the neighborhood dream and to provide quality housing for our seniors.” 

Other speakers at the ceremony included: Eddy Benoit, Jr., President & CEO of The Benoit Group; Ola Reynolds, Chairperson of NPU-G; Alan Ferguson, Senior VP of Community Development at Invest Atlanta; Ricardo Anderson of the Atlanta Housing Authority; and Carolyn Whatley from Capital One. 

Invest Atlanta supported this project through $11 million in tax-exempt bond financing, as well as project-generated property tax increment financing through the Hollowell-MLK TAD. 

“I’m so thankful The Benoit Group took the time to see what was here and have the vision of what could be, and what ended up being, a great residential property serving the surrounding seniors in this area,” said Ferguson. “It’s an absolute joy and privilege to be part of developments like this. This completely fits the vision for what Invest Atlanta sees as quality affordable housing in the City of Atlanta. We appreciate the example that you’re setting, and we appreciate the bar that you’re setting for other developers.” 

Councilmember Dustin Hillis was also in attendance. Council President Felicia Moore, who previously represented District 9, worked this project since 2014. 

“Thank you all for what you have done,” said Ola Reynolds, Chairperson of NPU-G. “Isn’t it beautiful you all? That’s what we want.” 

“A project like this can be catalytic for other development in this area,” said Eddy Benoit, Jr., President & CEO of The Benoit Group. “Invest Atlanta has been a great partner for us throughout this process.”

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