Coming

Fall 2027

Situated on 1.2 acres in the Perry Bolton Tax Allocation District, The Kennedy at Riverside will offer a mix of studio, one-bedroom, and two-bedroom units, including three Live/Workspaces designed for small business owners. These unique ground-floor units will include an additional 600 square feet of workspace, with rents structured to remain affordable for small business owners. 

A total of 90% of the units will be reserved for households earning 50% and 60% of the Area Median Income (AMI), with the remaining 10% serving moderate-income renters seeking high-quality, well-located housing.  

Each unit will be equipped with Energy Star appliances, built-in microwaves, in-unit washer/dryers, ceiling fans, and durable luxury vinyl plank flooring. The building will also seek certification under the National Green Building Standard (NGBS). 

  • Location: 1988 Hollywood Road NW, Atlanta, Georgia

    Project size: 1.14 acres

    Total cost: $24.1M

    Closed: November 2025

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    • Georgia Department of Community Affairs awarded 9% Low-Income Housing Tax Credits, which were directly purchased by US Bank, providing both federal and state equity totaling $17.2 million.

    • Invest Atlanta supported the effort with $2.5 million through the Perry Bolton Tax Allocation District (TAD).

    • Community Development Trust (CDT) provided a $3.5 million permanent loan to ensure long-term financial stability.

    • The Atlanta Urban Development Corporation (AUDC) also partnered with the development team through a Private Enterprise Agreement, allowing the project to benefit from a property tax exemption.

  • Mixed Income Affordable
    Workforce Housing

Community-Centered Design 

As part of Radiant Development Partners’ mission to build sustainable, family-oriented communities, The Kennedy at Riverside will feature: 

  • A smoke-free environment 

  • Furnished fitness center 

  • Computer lab with Wi-Fi 

  • Community room and gathering spaces 

  • Social services for residents 

  • Outdoor amenities designed for resident connection and wellness 

  • 5% of units will meet full ADA standards for mobility or hearing impairments

  • Two level parking deck

“When people have a place they’re proud to call home, the rest of life becomes possible.”
— Sharon D. Guest, Founder & Principal

Supporting Atlanta’s Workforce 

Located in a rapidly changing neighborhood with high-performing public schools, The Kennedy at Riverside fills a critical gap in accessible rental housing for teachers, first responders, civil service workers, and small families who want to remain in the city. 

The Kennedy at Riverside is a testament to Radiant Development Partners’ ability to structure innovative capital solutions that meet the needs of Atlanta’s evolving housing landscape. Construction will commence immediately, with resident move-ins expected by Fall 2027. 

The Kennedy at Riverside isn’t just about building homes—it’s about fostering stability, opportunity, and long-term growth for residents. With intentional design and smart financing, this development is poised to become a cornerstone of accessible urban living.