The rezoning ordinance for 616 Oliver Street NW changes the land use designation from Single Family Residential (SFR) to Medium Density Residential (MDR). The rezoning will allow for the development of a multifamily housing project with 120 units, providing much-needed affordable housing for families earning between 30% and 70% of the area median income (AMI). This is part of a broader low-income housing tax credit (LIHTC) initiative for the city.
This rezoning is crucial to addressing Atlanta’s affordable housing shortage by creating 120 affordable housing units. The project aligns with the city’s Comprehensive Development Plan and is supported by the local community.