Miller-Valentine Group Receives Funding for New Development in Pine Lake, Georgia

The development team of Miller-Valentine Group recently announced the award of funding for the construction of The Villas at Pine Lake; the development is being funded through a combination of $4.25 million of HOME, 4% tax credits from Georgia's Department of Community Affairs, and $8.5 million in bonds from the Housing Authority of DeKalb County.

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The Villas at Pine Lake

Pine Lake, GA (PRWEB) May 02, 2014

The Villas at Pine Lake, located at 4656 Rockbridge Road, will serve working families who desire quality affordable housing. The community will include a mix of 96 one, two, and three bedroom apartments complete with energy-efficient features and a multitude of amenities normally found in luxury communities. Rents, however, will be set at affordable rates.

The Villas at Pine Lake will be the centerpiece of The City of Pine Lake’s 2011 statutory redevelopment plan for downtown revitalization. “The level of community support this project has is truly amazing,” stated Brian McGeady, Partner & President of Miller-Valentine Affordable Housing Development. “We’re thrilled to be able to work with the City of Pine Lake on this project.”

The project will begin in July 2014 with completion slated for Summer 2015. The property will include on-site management, a community room for resident events and entertainment, a business center with computer work stations, as well as outdoor living areas.

For further information on the development of The Villas at Pine Lake, or other Miller-Valentine Group communities, please call (888) 440-5619, or email us at villaspinelakes(at)propemail(dot)com; information is also available on YourNextPlacetoLive.com.

About Miller-Valentine Group
Since our founding in 1963, Miller-Valentine Group has been dedicated to quality, value and service. Our vertically integrated companies offer total real estate solutions in the areas of Design/Build Construction, Development, Management, and Financing for both residential and commercial markets. They also provide Renovation, Brokerage, and Leasing services for commercial markets. All of Miller-Valentine Group's divisions have combined to provide customers with more than 13,000 residential housing units and over 50 million square feet of commercial space.

Miller-Valentine Group develops real estate in the Midwest, Southeast, and Southwest regions of the country, with offices in Dayton and Cincinnati, Ohio, Columbia and Charleston, South Carolina, Ft. Worth, Texas and Miami, Florida. As an industry leader they offer a wide range of residential products, including multi-family, single family, military housing, active adult, independent and assisted living, as well as skilled nursing communities. The company also offers a vast array of commercial products, including office, retail, lodging, healthcare, manufacturing and distribution facilities.


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