Impact
Closing the Housing Gap
The U.S. faces a shortage of millions of affordable rental units. 5th Street Capital Partners delivers quality, accessible housing at a fraction of new construction cost -- keeping rents affordable for the workers and seniors who need it most.
7.3M
Rental units needed nationally for extremely low-income renters
33
Affordable units per 100 low-income households
$366K
Average median home price in Georgia
$1,797
Average monthly rent in Atlanta, before utilities
The Problem
Local zoning and rising costs have dramatically reduced supply.
New development skews almost exclusively toward Class A luxury, leaving the middle-income segment with virtually no viable housing solutions. Georgia's housing scarcity is worse than the national average, with production consistently failing to keep pace with household growth.
75% of Georgia families lack the affordable product needed for stable living situations. The people who keep our economy running -- teachers, nurses, firefighters, retail workers -- earn too much for public assistance but cannot afford market-rate apartments where they work.
Who We Serve
The people who keep Georgia running.
Our communities especially benefit young single adults, seniors on fixed incomes, and couples -- Georgia residents earning 60 -- 120% of Area Median Income who need quality housing in desirable areas.
Target resident incomes
Our Solution
Quality housing at 50% or less of replacement cost.
By acquiring and converting existing properties, we deliver naturally affordable rents without relying on subsidies or tax credits. Savings are passed directly to residents.
*Includes water, power, cable, internet, and furnishings
What Residents Get
No security deposits or utility setup fees
Fully furnished units -- move in with just your belongings
All utilities, cable, and internet included in rent
On-site management and responsive maintenance
Professional-grade appliances and finishes
Safe, clean, well-maintained communities
Pet-friendly policies at select locations
55+ independent senior living options available
Impact
Housing is the foundation of economic mobility.
Job Creation
A 100-unit development creates 80 construction jobs, 42 jobs through locally earned wages, and supports 30+ ongoing positions from household spending.
Municipal Revenue
Each conversion generates permit and impact fees, utility user fees, business property taxes, and general sales taxes on building materials.
Community Stability
Affordable housing increases local purchasing power, neighborhood vitality, and reduces the cycle of housing instability that disrupts education and workforce participation.
Senior Independence
Our 55+ communities provide seniors on fixed incomes with fully furnished, all-inclusive living -- eliminating the stress of utility bills, maintenance costs, and furnishing expenses.
Expanding Our Reach
Addressing Savannah's housing deficit.
A recent market analysis estimates that Chatham County has a housing deficit of 10,000 units across all price points. 73% of those units are needed for low- to moderate-wage households. Our Parc at Abercorn property is currently under renovation to help address this critical need.