Cabretta Capital Provides State Tax Credit Funding for Affordable Housing in Atlanta, Georgia. Atlanta is among the fastest-growing cities in the nation, and with growth comes a higher demand for affordable housing. To support this need, Cabretta Capital is proud to announce its provision of state tax credit funding for two new developments – Villages at Carver and Brentwood Commons.

Villages at Carver, located on 174 SW Moury Avenue, will consist of 212 units, including 98 market-rate and 114 low-income units. Expected to be completed by March 2025, this development will feature a business center, fitness center, laundry facilities, walking/biking trails, clubhouse, game room, picnic area, controlled access, grill, and playground. Cabretta Capital collaborates with federal syndicators Enterprise, developers The Integral Group, and lenders Bellwether in order to bring this development to market.

Brentwood Commons, slated for completion in May 2025, will offer affordable housing to the workforce in the area. The 113-unit, 3-story building will be Earthcraft certified and will provide amenities such as a business center, picnic area, playgrounds, and exercise room spread across 10.40 acres. Cabretta Capital is partnering with federal syndicators National Equity Fund, developers Wendover Housing Partners, and lenders Wells Fargo to bring the project to fruition.

"The need for affordable housing continues to grow, especially in Atlanta. That’s why we are excited to help provide solutions with both of these much-needed developments. By using tax credits available, we are able to deliver opportunities to uplift residents and the community," said Cabretta President Brent Watts.