ESG-Related Project Profile

Walton Summit

690

Jobs Created

$8,185,800

Local Tax Revenue Generated

$42,588,000

Income Generated

The Walton Summit apartment community is located in Gainesville, Georgia. The multi-family, 84-unit development is great for all lifestyles, offering one, two and three-bedroom apartments to cost-burdened households in the Gainesville community. At Walton Summit, residents have access to a fitness center, computer center, a library and central laundry. The smoke-free community boasts a comfortable and stylish feel with convenient access to the essential shops and services and popular restaurants and entertainment options of Downtown Gainesville.

Gainesville, Georgia, is known as the Queen City of the Mountains, and more recently, “The Hospitality Capital of the World.” Bordered by the shores of Lake Sidney Lanier and on the foothills of the Blue Ridge Mountains, the city is a tourism hotspot. From kayaks and canoes to nature preserves and historical landmarks, the city of Gainesville attracts a myriad of people, calling for more affordable housing options as the population grows.

By using the Low-Income Housing Tax Credit (LIHTC), residents of Walton Summit can rest easier knowing their rent costs won’t stand in the way of their success. The city of Gainesville has a lot to offer, and by developing quality, affordable homes in such a great location, the community can better access these valuable resources and opportunities.

About the Developer

Walton Communities is a privately held company based in Marietta, Georgia. The Company develops, owns and manages apartment communities throughout metro-Atlanta, Augusta, and Gainesville. Started in 1989, by Lynda Ausburn and Barry Teague, Walton Communities has grown to 29 communities and remains locally owned and managed.

ESG Project Type:
Affordable Housing
Tax Credit Type:
State
Address:

240 Atlanta Street
Gainesville, Georgia 30501

Contact us for more information about ESG Investing, state and federal tax credits.