Willow Branch Apartments

Willow Branch is an apartment community located in unincorporated Clarkston, Georgia, that was built in 1972. The Developer is proposing to acquire and renovate Willow Branch to improve the quality of life of its residents. The property is 13.7 acres and includes 186 residential rental units across 14 multifamily rental buildings, a leasing office and community building, paved surface parking and driveways, with a creek running through a portion of the center of the property. Willow Branch has maintained multifamily residential use since construction in 1971, undergoing moderate renovations in 1996. Rents are maintained to support residents earning up to 55% AMI.

In 2024, the Developer was awarded a 4% Low Income Housing Tax Credits (“LIHTC”) allocation by the Georgia Department of Community Affairs (“DCA”) which will be used, in part, to finance the rehabilitation project. Rents will reserved for households earning 50%, 60% and 70% of the area median income (“AMI”). Abatement and remediation is anticipated to last 24 months, followed by a 20-month renovation schedule, with completion projected by mid-2028.