Phase I of The Villages of Castleberry Hill, originally built in 1999, boasts 166 apartment homes comprised of RAD (Rental Assistance Demonstration (66), Tax Credit (36) and Market Rate (64)) units serving mainly families. The 11-building complex sits on nearly 5 acres  is in located in the heart of the city, just blocks from the new Mercedes-Benz stadium, within the quaint Castleberry Hill community, and near all of the Atlanta University Center college campuses, the trendy Westside, as well as other sports and entertainment venues like State Farm Arena, Home Depot Backyard and Centennial Olympic Park. During the summer of 2019, the company reopened 210 units in the $22.3 million renovated Maggie Russell Towers (for seniors) and Capitol Vanira Apartments (for families) in The Old Fourth Ward and Reynoldstown respectively. Russell manages 24 multifamily locations in Georgia and South Carolina, which make up a total of 2,701 units, and 2,304 of which are considered affordable housing.

WHEN?          Program begins at 10:00 a.m. on Wednesday, November 20, 2019

Media encouraged to arrive by 9:45 a.m.

WHERE?:      The Villages of Castleberry Hill (Office/Clubhouse)

600 Greensferry Avenue

Atlanta, GA  30314

The preservation of affordable housing and the quality management of those communities is, and always has been, a commitment of H. J. Russell & Company, beginning with the founder, Herman J. Russell in 1952. Today, with gentrification spreading from Atlanta’s city center outward in every direction, preserving affordable housing remains a clear and present priority for Russell as it stays true to its roots and the community. Additionally, Atlanta’s mayor announced the One Atlanta Housing Affordability Action Plan and the Atlanta Regional Commission has made it a top priority in the agency’s Metro Atlanta Housing Strategy. All of the efforts are designed to address the city’s rising housing costs and the systematic displacement of residents who have called their neighborhoods home for decades. “Our investment to enhance affordable housing underscores our dedication to more than building structures, but also building communities,” said Michael B. Russell, CEO, H. J. Russell & Company and Russell New Urban Development, LLC. “With our history in this space, and understanding and supporting the city’s commitment to housing affordability, we’re ensuring as many citizens as possible will have access to affordable, quality housing in the heart of Atlanta.”