Groundbreaking Set For New Chattooga Ridge Apartment Development Near Trion | AM 1180 Radio

Groundbreaking Set For New Chattooga Ridge Apartment Development Near Trion | AM 1180 Radio

A new housing development near Trion will officially move into the construction phase this week, with a groundbreaking ceremony scheduled for Wednesday, September 9 at 11 AM for Chattooga Ridge, a new apartment community planned for families. The groundbreaking will take place at 14624 U.S. Highway 27 in Trion. According to the invitation, Chattooga Ridge will feature one-, two- and three-bedroom apartment homes for families. The project involves Piedmont Housing Group, along with the Georgia Department of Community Affairs and local partners. The development has been in the planning and financing stages for more than a year and will add dozens of new apartments to the Trion area. Records from the Georgia Department of Community Affairs show that Chattooga Ridge is planned as a 44-unit new-construction family development. The project received an annual allocation of $1.215 million in federal Low-Income Housing Tax Credits through Georgia’s competitive housing tax-credit program. The Chattooga County Chamber of Commerce has described Chattooga Ridge as a new workforce housing development in Trion. The tax-credit award does not mean the developer simply receives a $1.215 million construction check from the state. The federal credits are generally used to attract private investment to help finance construction in exchange for the development maintaining affordable rental housing under program requirements. Chattooga Ridge was among developments selected as Georgia continues…

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