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)

 
Contact us for more information.

 
 
 
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