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Atlantic is NDC Academy's 2015 Affordable Housing Winner Washington, DC --  Atlantic was selected as the Affordable Housing Winner  in the Housing Development Category by the National Development Council (NDC).
Legacy on Main Developed by an affiliate of Atlantic Development & Investments, Inc., Legacy on Main is a 78- unit “Transit Oriented Design” Low Income Housing Tax Credit Development located less than a half mile from the Alma School Road Light Rail Station, which is part of the currently funded light rail extension through Mesa Drive.
Affordable Housing News: Atlantic Feature: America's Affordable Housing Resource features Atlantic Development & Investments, Inc's in its summer 2014 issue.
City Place View of front entrace of City Place Apartments at 802 N. 30th Street in Phoenix, Arizona. A newly renovated affordable housing community for families in Phoenix, Arizona.
Auburn Ridge Awarded $1.25 million in 2013 LIHTCs from CHFA. Grand Junction, CO -- Auburn Ridge Awarded $1.25 million in 2013 LIHTCs from CHFA.
The 2012 AHF Top 50 Washington, DC --  Atlantic Development & Investments, Inc. ranks 32nd.
2013 Vanguard Award Winner
Alexandria, VA --  Ghost Ranch Lodge Rehabilitation Project was awarded the 2013 Vanguard Award for Major Rehabiliation of a Historic Structure into Affordable Rental Housing. 
Atlantic Ranks in the Top 50 for 2nd Year in a Row Washington, DC --  Atlantic Development & Investments, Inc. ranks 47th.

Our Giving

shutterstock_657509171Atlantic Development & Investments, Inc. is committed to meaningful change in the communities we serve through our philanthropic efforts.

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Our Locations

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Atlantic Development & Investments has successfully completed building programs throughout the United States.                                                                                                                                       

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Our Awards

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Atlantic Development & Investments, Inc., has worked hard to make quality home communities a reality and, as a result, is an award-winning company.

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City Place

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View of front entrace of City Place Apartments at 802 N. 30th Street in Phoenix, Arizona.

A newly renovated affordable housing community for families in Phoenix, Arizona.

Developed by an affiliate of Atlantic Development & Investments, Inc. of Scottsdale, in partnership with the Greater Phoenix Urban League, City Place includes 134 townhome style units.

The design of City Place features sustainable technology, including zero VOC materials to maintain excellent indoor air quality, dual flush toilets and water efficient plumbing fixtures, xeriscaping, Energy Star lighting fixtures, and a solar panel system that offsets almost 100% of the electrical load for the common areas of the property. 

In addition to the physical improvements to the property, the development team has partnered with the Greater Phoenix Urban League (GPUL) to provide a number of on-site support services, including an after school program and financial counseling. GPUL services support low-income residents to follow viable, upwardly-mobile career and life paths by connecting them with financial, educational and employment resources.

City Place represents a financial investment of over $25 million in an area of Phoenix that is undergoing revitalization. It is estimated that the local economic benefits of the project include: $11 million in local income, and 163 jobs. Sources of funding for the project include over $20 million in tax credit equity from Credit Capital, LLC generated by an allocation of Low-Income Housing Tax Credits from the Arizona Department of Housing; construction financing and a permanent mortgage provided by National Mortgage Investors, and $2 million in HOME funds from the City of Phoenix.

City Place Gallery (click on an image to enlarge)

About Atlantic Developments & Investments

For over 25 years, Atlantic Development & Investments, Inc. has been a leader in the development of affordable housing communities. Atlantic has been applauded and recognized not only for the quality of housing developed, but its continuing dedication to the ongoing operation and compliance of its properties. Today, Atlantic is one of the nation’s most successful LIHTC developers.

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Contact us

Atlantic Development & Investments, Inc.
15957 N. 81st Street, Suite 101
Scottsdale, AZ 85260

Telephone: 1-480-256-0506
Fax: 1-480-717-6959

Atlantic Development & Investments, Inc.
3 Charter Oak Place
Hartford, CT 06106

Telephone: 1-860-241-0140
Fax: 1-860-548-9136

"I salute Mark Breen, a local entrepreneur who lives in the spirit of those whom Whitney Young drew into the Urban League decades ago."

Mary Rose Wilcox
Supervisor District 5, Maricopa County