When the U.S. Department of Housing and Urban Development came to Atlanta on Nov. 4, 2015 to celebrate its 50th anniversary, it turned to Renee Glover, Egbert Perry and Shirley Franklin to highlight its successes in Atlanta.
Former U.S. HUD Secretary Julian Castro was so impressed by what he saw in Atlanta during the 50th anniversary visit, that he complimented Glover, Perry and Franklin for all their “trail-blazing work” in transforming communities.
Shawn Simmons was nothing but exuberant as he showed off the view of Downtown Atlanta’s skyline from the balcony of a home he bought with help from a non-profit housing provider. “You can see the Westin, the 191, and the Georgia Pacific – that’s where I work!,” Simmons said.
Fulton County leads the nation in the rate of home renters who are evicted or put on notice of eviction, according to a new report from the Federal Reserve Bank in Atlanta. A contributing factor is the management practices of corporations and equity funds that bought homes during the Great Recession.
Atlanta has approved a $40 million expenditure that aims to preserve the city’s supply of affordable homes by – among other efforts – providing money to lower income residents to repair their decaying homes and continue residing in them.
Rental rates for newly built apartments in Buckhead and Midtown now exceed $2.60 a square foot, and a new report from CBRE says the demand exists to fill the units. Meantime, the report observes gentrification and rising prices are concentrated east of Midtown/Downtown.
By Guest Columnist NATHANIEL SMITH, founder and chief equity officer (CEqO), Partnership for Southern Equity
More than 100 people attended an event at Georgia Tech recently to mark the release of a report, “Opportunity Deferred: Race, Transportation and the Future of Metropolitan Atlanta,” that was commissioned by the Partnership for Southern Equity (PSE).
By Guest Columnist COURTNEY ENGLISH,chairman of the Atlanta Board of Education
Atlanta works best when it works for everyone. For far too long, my beloved Atlanta, has been a tale of two cities.
Recent studies have placed Atlanta near the top of list in job creation while at the same time, one of the country’s leaders in income inequality and child poverty. The negative effects of this kind of disparity is felt first and hardest in our school system. 76 percent of our kids are on free or reduced lunch.
By Guest Columnist MELODY HARCLERODE, who promotes significant historical, cultural, and natural sites as an architect, non-profit consultant, and writer
The city of Atlanta receives much press as the financial, cultural, and transportation hub of the metropolitan area, yet small cities in this region also offer amazing stories for the public to appreciate. Consider the city of Lithonia, a town with approximately 2,000 residents covering a radius of one square mile of land north of I-20 and outside I-285.
JPMorgan Chase has awarded a $4 million grant to a new tax-exempt partnership in Atlanta that is to help create more than 1,000 jobs and provide more than 700 affordable homes in metro Atlanta, the financial institution announced Tuesday.
Atlanta’s rising housing costs are now clearly on the national stage, given their prominence in a recent White House report. The report’s toolkit of policies already is being cited in talks in Atlanta about how to promote the supply of affordable housing.
By Guest Columnist CEASAR MITCHELL, president of the Atlanta City Council and candidate for Atlanta mayor
My devotion to Atlanta expresses itself with my devotion to serving the area and its families for over 15 years. One of my dreams that I have worked toward, first as a city council member and now as city council president, is to make sure that Atlanta is home to everyone. A home in our city that can be loved, a home that is safe, and a home that is affordable.
Derrick Barker stumped the experts at Atlanta City Hall when he asked Wednesday what Atlanta can do to help him, as a residential developer, build homes that aren’t so expensive that most city residents can’t afford to live in them.
The latest sign that the high cost of housing in Atlanta is again a front-burner issue in Atlanta appeared in the unlikely setting of a panel discussion at Georgia Tech on the direction of land use in Atlanta.
As Atlanta civic leaders ponder the rising cost of housing in the city, a new report shows that millennials across the nation are struggling to keep a roof over their heads.
The report is especially timely in Atlanta.
Atlanta’s city code states outright that the Atlanta BeltLine will, “increase the affordable housing inventory.” Three city councilmembers have proposed legislation that intends to put teeth into this provision in city code, which the BeltLine has not been on track to fulfill since the council adopted the provision in 2007.
Renewed efforts by Atlanta’s civic leaders to increase the supply of affordable housing, especially in areas around the Atlanta BeltLine and the Mercedes-Benz Stadium, could run into a brick wall established by housing lenders, according to research detailed in a new report by the Federal Reserve.
Knowledge of the lack of affordable housing along the Atlanta BeltLine, which was cited in the resignation Monday of two board members from the Atlanta BeltLine Partnership, Inc., is not a new phenomenon. However, it has received renewed national attention of late.