JUNE, 2022 – OneStreet Residential and the Lawrenceville Housing Authority had a groundbreaking ceremony on Friday, June 10th, 2022, to kick off construction of HearthSide Lawrenceville, the 10th community in OneStreet’s HearthSide portfolio and the first 100% affordable HearthSide community.
In 2019, the Lawrenceville Housing Authority selected OneStreet Residential to be their master developer partner with a desire to quadruple the number of affordable homes in their portfolio from the current count of 212 to more than 700. HearthSide Lawrenceville is the first community to come out of this partnership and will comprise 140 income-averaging apartments set aside for residents aged 55 or older. It was financed with 4% Low-Income Housing Tax Credits (LIHTC) and HOME loans from the Georgia Department of Community Affairs (DCA) and Gwinnett County. The community will have 115 1- and 2-bedroom apartments in a traditional 4-story stacked flat building and 25 detached and attached cottages on the 5-acre site.
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