Amid what the U.S. Chamber of Commerce has recognized as a “crisis” of finding affordable housing, both within Georgia and the nation as a whole, Atlanta-based Emory University shared plans July 7 to renovate two buildings to house staff at Emory Healthcare, its clinical arm.
Six things to know, per a university news release:
1. The project will adapt and reuse two properties near Emory University Hospital Midtown to create more than 50 rental apartments for staff, including nurses and medical technicians whose salaries fall within specific levels.
2. Both Peachtree Street properties are more than 100 years old.
3. Emory has already completed an internal abatement and clean-up at one of the properties and is planning additional improvements, including a new roof.
4. At the second property, Emory plans to remove the rear half of the building. University officials said this will allow daylight exposure to the north side of the property, permitting units along that side to have windows.
5. “This project will provide Emory Healthcare staff with competitively priced housing close to work to improve their employee experience and quality of life,” said Robin Morey, vice president of campus services and chief planning officer of Emory, in the release. “In addition to helping with the recruitment and retention of our workforce, our design will activate this area of the city with residential units and commercial uses.”
6. Mr. Morey said Emory plans to use federal and state tax credits to offset initial capital costs of the project.
