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Atlanta Civic Circle Housing Affordability

At long last, firm buys “uninhabitable” Southside apartments, gears up for rehab

Forest Cove, a notoriously dilapidated Southside Atlanta apartment complex, has finally changed hands, signaling the start of a multi-million-dollar revival that longtime tenants hope will make the community livable once again.

Built in the 1970s, the development had been falling apart for years — even before property manager Millennia Housing Management (MHM) took control in 2017 — and had become an eyesore in the Thomasville Heights neighborhood.

On Tuesday, though, owner Global Ministries Foundation (GMF), which bought the property in 2014, handed the keys over to MHM, as part of a roughly $250 million deal that will ultimately put the former’s entire, nationwide Section 8 housing portfolio into the latter’s holdings, GMF CEO Richard Hamlet told Atlanta Civic Circle.

Read the full story on Atlanta Civic Circle.

1 Comment

  1. Bree May 2, 2021 7:24 pm

    Thank God! I lived here for years it was horrible not safe for anyone the living conditions were terrible! Thank God finally!Report

    Reply

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