Three openings show where attainable housing is still getting built
Apartment construction may be slowing, but projects are still reaching residents. Recent openings in Virginia, Connecticut and Georgia show three different approaches: a fully income-restricted development, a transit-oriented mixed-income plan and a large workforce housing community. The projects opened in late October 2026.
Apartment deliveries are slowing, which makes these completions more telling than a routine ribbon-cutting roundup. If you’re tracking attainable housing, the financing and public support behind each project matter as much as the unit count.
Sterling, Virginia: 80 income-restricted apartments
Green Street Housing and Good Housing opened Atlantic Boulevard Apartments on Wednesday, according to an Oct. 28 press release. The $31.4 million development adds 80 one-, two- and three-bedroom homes for households earning up to 60% of Area Median Income.
There are no market-rate apartments or retail space, and the project wasn’t required by inclusionary zoning. The developers describe it as Loudoun County’s first 100% attainable new development in decades. That distinction is meaningful: the project was built as an attainable housing development by choice, rather than as a condition attached to a market-rate project.
The county rezoned and permitted the site, then saw construction completed in less than three years through the Loudoun County Board of Supervisors’ expedited review process. The county’s Fast-Track Commercial Incentive Program generally targets commercial development; the board chose Atlantic Boulevard for a pilot because of its “unique commitment to attainable housing.”
Funding combined Low Income Housing Tax Credits and tax-exempt bonds from Virginia Housing, an equity investment from Cinnaire, and a loan through the county’s Attainable Housing Loan Program. Residents have access to covered bicycle storage, a community room, an exercise room, a tot lot, an outdoor play area and resident services programming.
Naugatuck, Connecticut: the first phase of a larger plan
Pennrose, The Cloud Co. and the Borough of Naugatuck held a ribbon-cutting Tuesday for Platform at Naugatuck, according to a press release shared with Multifamily Dive. The newly opened building is the opening phase of a three-stage redevelopment of a vacant seven-acre site.
The full plan calls for 180 apartments across three buildings in a mixed-income, mixed-use transit-oriented community. Its public realm is planned to include green space, a market plaza, a central lawn and gardens, intended to support community gatherings and local activity.
Platform’s first building contains 60 apartments and about 3,000 square feet of ground-floor commercial space in downtown Naugatuck. It offers one- and two-bedroom homes at 30%, 50% and 80% of AMI, alongside market-rate units. Amenities include indoor and outdoor spaces, a lounge, fitness center and roof deck.
The financing package includes Low Income Housing Tax Credits, construction loans from M&T Bank and Ion Bank, and a permanent loan from the state Housing Finance Agency. Connecticut also contributed through several state programs, with support from the Federal Home Loan Bank of Boston and the Federal Home Loan Bank of New York. The broader community plan is ambitious; how much of it will arrive on schedule isn’t clear from the opening announcement.
White, Georgia: 312 workforce homes
Hillpointe opened Pointe Grand Cassville, a 312-unit garden-style workforce housing development in the Atlanta metro area, according to an Oct. 26 press release shared with Multifamily Dive. It’s the Florida-based developer’s third attainable housing community to open in Georgia this year, part of its focus on workforce housing in growing markets across the Southeast and beyond.
“Northwest Georgia is growing, and attainable housing must keep pace,” said Steven Campisi, Hillpointe’s managing partner and co-founder. “Pointe Grand Cassville adds newly built homes to Atlanta’s suburban and exurban markets, where growth is driving demand.”
Each apartment has two bedrooms and two bathrooms, along with a full-size washer and dryer, smart home technology, and a covered deck or patio. Interiors feature open layouts, quartz countertops and stainless steel appliances.
The amenity list is extensive: a resort-style pool with private cabanas, pickleball courts, a 24-hour fitness center, clubhouse with a coffee and tea bar, business center, outdoor grilling pavilion, fire pit, bark park and pet spa. The property also offers valet trash service, Wi-Fi and EV charging stations. The announcement describes a broad package of resident features, though it doesn’t provide rents or income eligibility details.
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