CareSource invests $2.5 million to support affordable housing

Jason Bearden (right) of CareSource announces a $2.5 million investment in affordlabe housing in Atlanta with Atlanta Mayor Andre Dickens and Ashani O’Mard of Atlanta Neighborhood Development Partnership. (Courtesy of CareSource)

CareSource, Georgia’s nonprofit Medicaid provider, had announced a $2.5 million investment to advance affordable housing in Atlanta.

The investment supports the Atlanta Neighborhood Development Partnership’s (ANDP) acquisition and rehabilitation of 75 single-family homes that will provide affordable rentals across the Metro Atlanta region. ANDP is also the developer of the Oak Cottage Court project in Decatur.

During the announcement at a home in Atlanta funded by the investment, Atlanta Mayor Andre Dickens spoke about the state of affordable housing in the city and the importance of community partners in addressing the need for safe and affordable rental opportunities, according to a press release.