|
Real Estate Development
Division
Our
community does not currently have the housing stock necessary at the
pricing required to meet the needs of its workers. The demand for
workforce housing in our community is not being met by the private
sector. There are several private developers producing an estimated
1,000 homes each year that would fall under the category of
workforce housing, priced below $175,000.
CHI
looks for opportunities to increase the housing stock for
low-to-moderate income individuals and families.
CHI
is EarthCraft® certified and addresses energy efficiency in the
pre-build/design phase of each project. Building plans consider site
conditions and window orientation to help lower heating bills in the
wintertime and keep the home cool in summer. Design plans also
consider the type of HVAC unit, its location and duct layout to save
costs as well.
CHI
incorporates effective waste management plans to reduce landfill
tipping fees, lower hauling & labor costs and help the environment.
This is accomplished by recycling building waste materials and
transforming them into useful products such as mulch for erosion
control, soil amendment, landscape material and road base.
Programs
Marietta Initiative for Neighborhood
Transformation (MINT)
is a Partnership between the City of Marietta and CHI whereby, CHI
purchases old and run-down housing units, rehabilitates or rebuilds
them, and sells them to low-to-moderate income families for
homeownership
(Information and View Properties for Sale)
Project Cobb (CHDO) involves the usage of HOME Program
grant funds and private/public sector financing to acquire and
rehabilitate selected homes within defined geographical areas
outside the city limits of Marietta
(Information and View Properties for Sale)
Neighborhood Stabilization Program (NSP) was
established for the purpose of stabilizing communities that have
suffered from foreclosures and abandonment. Through the purchase and
redevelopment of foreclosed and abandoned homes and residential
properties, the goal of the program is being realized
(Information and
View Properties for Sale) |