Housing crisis

Atlas Cottage Homes Announces Alternative Solution to Florida’s Affordable Housing Crisis

“The need for affordable family housing for florida labor is essential,” said Lincoln Hine, Founder of Atlas Group LTD and CEO of Atlas Cottage Homes. “We are equipped to create 5,000 homes over the next five years at our existing facilities, and we are excited to partner with local municipalities, businesses and investors to help make homeownership more accessible and preserve paradise in the Sunshine State.”

“We are meeting with key officials across the state and are grateful for Florida House Bill 1339 which allows city governments to approve affordable developments like Atlas Cottage Homes on any parcel zoned for residential, commercial or industrial use. “, said Hine.

Atlas Cottage Homes floor plans include one bedroom/one bath and two to three bedrooms/two baths. Houses have insulated walls (R-14), ceiling (R-20) and floor (R-13); sculpted shingles or metal roofing and fiber cement siding. A traditional 30-year mortgage for these affordable homes would be $700$1600 per month, based on a 20% down payment and prevailing interest rates. Homebuyers will pay less if they qualify for other mortgages (eg, FHA, VA, Good Neighbor Next Door Loans, florida Hometown Heroes program). And unlike other tiny home concepts, Atlas Cottage Homes are built on foundations and as such are a great asset.

  • The valuable collection offers one- and two-bedroom designs with full kitchen cabinets, bathroom with stand-up shower, toilet and sink, and built-in cabinetry and storage. Other amenities include ductless air conditioning, tankless water heater, garbage disposal, and vinyl flooring.
  • The first collection includes two one-story and one two-story home designs. These homes include one to three bedrooms, with open living areas, smart technology, and marble kitchen countertops. Options include solar power, decks and patios, carports and garages.

Atlas Cottage Homes is developing three planned communities with over 400 home sites in Florida. The developments will be placed either on ceded lots or on land lease lots. These communities can include shared amenities such as a swimming pool, playground, and community center.

For more information on the Atlas Cottages Homes development, call (561) 735-1307 or visit .atlascottagehomes.com.

About Atlas Community Houses

Atlas Community Homes are affordable, foundation-built, single-family homes that qualify for a 30-year mortgage. These homes, ranging from 588 to 1074 sq. ft., are built to Florida code standards in its facilities Orlando, Florida. The Value collection includes one and two bedroom designs and the Premier collection includes one to three bedroom designs, including a two-story home.

About the Atlas Group

Founded by Lincoln HineAtlas Group LTD is an investment driven and impact driven company based in Palm Beach, Florida. The company’s holdings include real estate, finance, construction, manufacturing, hospitality and recruitment.

SOURCE Atlas Group LTD