$130 Million Financing Secured for Trinity Central Flats, Advancing Affordable Housing in South Downtown Atlanta
FOR IMMEDIATE RELEASE
December 18, 2025
A forthcoming high-rise affordable housing development is set to break ground adjacent to City Hall
ATLANTA, GA – Trinity Central Flats, a forthcoming high-rise affordable housing development, is set to break ground in South Downtown Atlanta. Located at 104 Trinity Avenue, adjacent to City Hall and within a Qualified Census Tract, this landmark project will bring critically needed housing to one of Atlanta’s most transit-connected and job-rich neighborhoods.
With $130 million in financing secured, construction will begin in December 2025. The 10-story, 218-unit community will offer a mix of studios, efficiencies, and one-, two-, and three-bedroom apartments, including one non-revenue unit. Notably, 20 units will be reserved for individuals experiencing or at risk of homelessness, advancing the project’s deep affordability mission.
Affordable and Inclusive Living in the City Core
Trinity Central Flats will serve households earning 50%-80% of AMI, helping to address the shortage of accessible housing options in the city core. The building will also include approximately 6,175 square feet of ground-floor retail space along Shirley Clarke Franklin Boulevard, activating the streetscape and contributing to the neighborhood’s revitalization.
A Model Public-Private Partnership
This transformative development is the result of a robust public-private collaboration that includes: City of Atlanta, Invest Atlanta, Georgia Department of Community Affairs (DCA), Atlanta Urban Development Corporation, Community Foundation for Greater Atlanta, Partners for HOME, Atlanta Housing, Housing Authority of DeKalb County, U.S. Department of Housing and Urban Development (HUD), Goldman Sachs, National Housing Affordable Trust, Advantage Capital, and Berkadia. Predevelopment funding was provided by Low-Income Investment Fund (LIIF), National Housing Trust (NHT), and Corporation for Supportive Housing (CSH).
“Radiant Development Partners is proud to have led Trinity Central Flats to financial close. This development represents more than just housing—it’s a powerful demonstration of what can happen when mission-driven partners align around equity, opportunity, and community,” said Sharon D. Guest, Principal of Radiant Development Partners. “As a native Atlantan and proud product of Atlanta Public Schools, leading this $130 million investment in the heart of my city, is a full-circle moment.”
Trinity Central Flats
Atlanta, GA
Designed for Quality, Health & Sustainability
Trinity Central Flats will offer:
Smoke-free living environment
Fully equipped apartments with Energy Star appliances, in-unit washers and dryers, built-in microwaves, and ceiling fans
Resident amenities including a furnished fitness center, community room, computer lab, exterior gathering spaces, and a central courtyard
Sustainable design with National Green Building Standard (NGBS) and Energy Star certification
Impact & Outlook
Located in the South Downtown/City Hall corridor, Trinity Central Flats is expected to create hundreds of construction and permanent jobs, while delivering long-term affordable housing in a central, walkable location. It’s a catalytic investment in Atlanta’s vision for inclusive, sustainable urban growth. The development team is led by Radiant Development Partners, LLC, under the leadership of Sharon D. Guest, with Capitol Hill Neighborhood Development Corporation (CHNDC) and EQ Housing Advisors serving as co-owner/co-developers.
Media Contact:
Natina Hill
Strategic Operations & Marketing Director
strategicops@radiantdevelops.com
radiantdevelopmentpartners.com
About the Partners
Radiant Development Partners
Radiant Development Partners is a Black woman-owned affordable housing development firm committed to creating equitable, sustainable, and community-centered housing solutions. Led by Sharon D. Guest, who brings over 26 years of experience in the industry, the company leverages strategic public and private partnerships to develop high-quality housing that fosters diverse, inclusive communities and creates opportunities for residents to thrive.
EQ Housing Advisors
EQ Housing Advisors, Inc. is part of a development joint venture partnership with Radiant Development Partners, participating in the ownership structure for this development. Founded in 2022, EQ Housing Advisors is a nonprofit impact investment and development firm focused on the creation and preservation of affordable housing. With a mission to address housing insecurity through collaboration and capital innovation, EQ works with mission-aligned partners to bring complex deals to life across the Southeast.
Capitol Hill Neighborhood Development Corporation (CHNDC)
CHNDC, a non-profit organization comprised of three churches—Central Presbyterian Church, The Catholic Shrine of the Immaculate Conception, and Trinity United Methodist Church—has been instrumental in master planning efforts under Mayor Shirley Franklin’s administration. CHNDC implements specific projects with the purpose of creating a vibrant, attractive neighborhood on Capitol Hill with various activities, uses, and a mix of residents from all walks of life.