LIIF Southeast Region team members Vice President LaToya Kyle and Loan Associate Paige Banks today attended the groundbreaking celebration for The Proctor at the Westside Beltline Connector in Atlanta. LIIF provided a $4.5 million acquisition loan and a $400,000 predevelopment loan to the project.
Developed by Windsor Stevens, led by Rod Mullice, the $55.6 million development will include 137 residential units, with 41 set aside as affordable housing for households earning at or below 80% of the area median income (AMI). The Proctor is a mixed-income, mixed-use project featuring amenities and ground-floor retail. It is a key step toward expanding affordable housing in Atlanta.
The project is funded by a public-private partnership that includes Atlanta Housing, Goldman Sachs and Invest Atlanta. Construction is expected to be completed by May 2026.
A key step toward expanding affordable housing in Atlanta.