Westside Future Fund (WFF) today announced North+Oliver, a $48 million, 120-unit affordable housing community in the heart of English Avenue — the largest new development in the neighborhood in over a generation. The project marks another major milestone in the organization’s commitment to restoring Atlanta’s historic Westside while ensuring long-time residents can remain in the community they helped build. Spanning more than four acres of a formerly blighted and unlivable property, the project secured an allocation of Tax-Exempt Bonds and 4% Low-Income Housing Tax Credits, with construction closing expected this year and completion anticipated in 2028.

North+Oliver builds on years of sustained, community-centered investment across English Avenue and Vine City, where WFF and its partners have reduced blight by 50 percent since 2017 and delivered more than 270 affordable rental units. The project is part of WFF’s plan to advance more than $100 million in new development in 2026 — the most ambitious year in the organization’s history — and advances the affordable housing goals set by Mayor Andre Dickens and the City of Atlanta.

“For too long, this neighborhood was defined by what it lost. That story is changing, and the families who stayed through decades of disinvestment are leading it forward,” said John Ahmann, President & CEO of Westside Future Fund. “North+Oliver and the more than $100 million in projects we are advancing this year represent a sustained commitment: restoration is real, it is lasting, and it is being shaped by the residents of the historic Westside.”

North+Oliver will deliver 120 one-, two-, and three-bedroom homes serving households earning 30 to 70 percent of Area Median Income through WFF’s signature Home on the Westside program, which prioritizes residents with live, work, and learn connections to the historic Westside. Twenty-five units will be supported by an Atlanta Housing HomeFlex subsidy, reaching families with the deepest housing needs. The community will also feature a youth soccer field, landscaped green space, on-site parking, and a fitness center, community room, and computer lab.

The development reflects priorities that English Avenue residents have voiced since 2016, when hundreds of community members participated in neighborhood workshops and stakeholder sessions that shaped the Westside Land Use Framework Plan. Developed with input from more than 1,000 residents across four Westside neighborhoods and unanimously adopted by Atlanta City Council in 2017, the plan serves as the governing blueprint for WFF’s work and ensures that investment aligns with community priorities.

The project is financed through Tax-Exempt Bonds issued by Invest Atlanta’s Urban Residential Finance Authority and 4% Low-Income Housing Tax Credits from the Georgia Department of Community Affairs, and is further supported by a $4 million Westside Tax Allocation District (TAD) grant for gap funding — a tangible example of the public-private investment model that has driven WFF’s progress across the Westside. A $700,000 Community Development Block Grant from the City of Atlanta previously funded demolition of the former Oliver Street Apartments, which WFF and OaksATL acquired in late 2022 in blighted and unlivable conditions.

“Investments like North+Oliver are about more than housing alone. They are a foundation for long-term stability, economic mobility, and stronger communities,” said Dr. Eloisa Klementich, President & CEO of Invest Atlanta. “When public dollars are combined with private and philanthropic capital in neighborhoods that have been underserved for decades, the impact reaches far beyond any single project. That is what we see happening on the Westside.”

WFF is developing North+Oliver in partnership with Blue Ridge Atlantic Development and OaksATL.

“North+Oliver is the result of years of careful planning, creative financing, and deep public-private partnerships,” said Rachel Carey, Chief Real Estate Officer at Westside Future Fund. “From the TAD investment to the HomeFlex partnership with Atlanta Housing, every element of this project reflects a shared commitment that English Avenue’s legacy residents deserve high-quality, deeply affordable housing — delivered at the scale this community has long deserved.”

North+Oliver joins a growing portfolio of housing and community investments across the historic Westside — including the recently opened 839 Joseph E. Boone Blvd and 646 Echo Street, which together delivered 57 affordable homes in English Avenue earlier this year. For WFF, every project is guided by the residents who shaped the Land Use Framework Plan, who show up month after month at Transform Westside Summits, and who hold the organization accountable to its promise: that growth should strengthen a community, not displace it.

To learn more about Home on the Westside, visit www.homeonthewestside.com.