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12Hundred Studios

Project Impacts

Back to Project Details: 12Hundred Studios

Note: At the time of this report, SDS is in the process of collecting additional data from the project sponsor, development team consultants, local government officials, community stakeholders, and others to assess the full scope of the project’s impacts in the context of the surrounding community. The projected impacts below are based on the ASREF CRA Analysis. For more information on Impact Report methodology, please see section 1.3.

Impact on
LMI Individuals
& Communities
Interior of a 12Hundred unit, all of which are fully furnished including dishes and appliances.



The property is located in a Moderate-Income census tract that has a minority percentage of 98% and a poverty level of 26% and unemployment of 13%. Post-renovation, 100% of the 40 units will be affordable at 60% AMI with nine of the units designated as permanent supportive housing.

Offering the units fully furnished additionally cuts down on moving costs, making high-quality housing more accessible to future tenants

Economic
Development
Impacts
ALIGNMENT WITH LOCAL REDEVELOPMENT PLANS

The project is located in the Atlanta Beltline Tax Allocation District (TAD), a comprehensive revitalization effort in the city of Atlanta. Objectives include increased mobility within Atlanta, expanded green space, interactive community space, and new housing, with an emphasis on affordable housing.

Additionally, the project is aligned with former Atlanta Mayor Keisha Lance Bottoms’ recently enacted One Atlanta Housing Affordability Action Plan, which established the goal of creating or preserving 20,000 affordable homes by 2026.

Community &

Social Impacts

Ribbon cutting for building inaugurations
The 12Hundred Grand Opening event in October 2022 included Atlanta Mayor Andre Dickens, Congresswoman Nikema Williams, and other political leaders.

 

Nine of the 40 units are designated as permanent supportive housing, including supportive services for these previously unhoused tenants. The sponsor is committed to successful housing retention for these tenants. For example, in the case of one tenant who entered a 2-month rehabilitation program for substance use disorder, the sponsor is continuing the pay the tenant’s rent while they are away in order to retain their spot in the building. One security and maintenance officer lives on-site rent-free.

The entire exterior of the building is painted with murals done by local artists, reflecting the unique character of the neighborhood and uplifting the area. The project sponsors also supported the local neighborhood organization by funding murals over a nearby pedestrian bridge, the design of which were voted on by the neighborhood association.



Environmental

Impacts

The project is a Transit-Oriented Development (TOD) located both along the Westside Trail Extension planned for the BeltLine and near the MARTA West Lake station.

The sponsors also partnered with Trees Atlanta to host a community planting event where neighborhood residents planted fruiting trees on their street, promoting sustainability and healthy eating.