Posted inGuest Column

Coalition seeking to soften blow of metro Atlanta’s foreclosure crisis

By Guest Columnist JOHN O’CALLAGHAN, president and CEO of Atlanta Neighborhood Development Partnership Inc.

Metro Atlanta is reeling from five years of record foreclosure filings. Home sales have fallen to 1996 levels – the biggest decline in the country. Once-strong communities are riddled by blight associated with the pile-up of vacant homes.

Since 2006, metro Atlanta (10-county) has experienced nearly 530,000 foreclosure filings, has seen a 37 percent drop in home prices, and has lost 51,600 jobs in construction.

Posted inDavid Pendered

Atlanta’s Olympics legacy evident in news of medal sold for $1 million, British Tweets, Jay-Z’s new gig

A gold medal won in the 1996 Summer Olympic Games in Atlanta has helped raise a reported $1 million for disaffected children in Ukraine.

The medal was sold by a Ukranian boxer in late March as part of his effort to raise money for a program he sponsors for children. The medal was immediately returned to Wladimir Klitschko, Ukraine’s world heavyweight champion, by a buyer who was not identified, according to a number of published reports.

This story about Atlanta’s link to the Olympics legacy is one of several that are beginning to gain attention as the world prepares for the 2012 Summer Olympic Games in London, which are to begin July 27 and end Aug. 12.

Posted inDavid Pendered

Deborah Scott, Atlanta community advocate, honored by White House

Deborah Scott, executive director of Georgia Stand Up, has been named a White House Champion of Change for her efforts to promote economic equity and environmental stewardship in Atlanta.

Scott’s citation on the White House page says she was named “for her innovative energy priorities and sustainable living practices making a greener community a possibility in any American city or town.”

Most recently, Scott has been in the spotlight for her work in organizing a community development plan regarding Fort McPherson. The award-winning plan aims to ensure that the entire community surrounding the fort benefit from its conversion from military to civilian use.

Posted inDavid Pendered

Mindful of Denver: Atlanta’s role model in transportation sales tax hitting snags in its program

Denver, a role model for metro Atlanta’s proposed transportation sales tax, is running into some problems with its own transit construction program.

A funding shortfall prompted Denver’s transit leaders to privatize almost a third of the region’s planned 122-mile transit system, plus work on 15 stations including the hub – Denver Union Station. National media stories in recent weeks have addressed current funding woes and construction delays.

These sorts of issues are just part of the territory when it comes to building one of the nation’s most ambitious transportation projects, a spokeswoman for Denver’s FasTracks said Monday. But they do bear attention as metro Atlanta voters consider creating a 1 percent sales tax to pay for road and transit improvements.

Posted inTom Baxter

War on ALEC looks more like corporate reshuffling

It serves the purposes of both sides to portray the recent departure from the American Legislative Exchange Council of several of its corporate sponsors as a “War on ALEC,” in which left-wing groups pressured Coca-Cola and other corporations into defecting from the organization. A war, for both the left and the right, makes for great fundraising.

In a sense this story line is accurate. The campaign led by the African American group Color of Change was the catalyst for the corporation’s break with ALEC over its promotion of “stand your ground” gun laws like the one involved in the Trayvon Martin case. Much the same can be said about the Media Matters for America drive against Rush Limbaugh in the wake of his comments about Sandra Fluke earlier this year. If you want to elevate these interest-group scrimmages up to the status of full-scale armed conflict, fine, we can call it a “war.”

But the alacrity with which so many companies followed Coca-Cola’s lead, like the rush away from Rush, makes it seem as if they were just waiting for the chance to close the checkbook on ALEC. Which makes sense, when you consider how much the contemporary corporate mindset is geared to the ruthless elimination of the extraneous.

Posted inMaria's Metro

Metro Atlanta’s economic future linked to federal urban affairs policy

Just one month after he was inaugurated, President Barack Obama established the White House Office of Urban Affairs with much fanfare.

The executive order stated:

“About 80 percent of Americans live in urban areas, and the economic health and social vitality of our urban communities are critically important to the prosperity and quality of life for Americans.

Posted inGuest Column

Micro-lender contributing to economic rebound a loan at a time

By Guest Columnist GRACE FRICKS, founder and CEO of the non-profit Access to Capital for Entrepreneurs

Small business is the backbone of the economy; the engine for economic recovery.

You won’t find a politician, a pundit or an economist who will disagree with that statement. But by 2008, with our economy in full slide, most lenders tightened the purse strings to the extent that a significant population of small business owners – those defined as microentrepreneurs – couldn’t get access to the money they needed to create or maintain their enterprise.

Posted inDavid Pendered

D.C. to Metro Atlanta: “No guarantee of federal funding for road, transit projects” in transportation sales tax

Congress and the Obama administration have made it clear that Georgians will vote July 31 on the proposed transportation sales tax with no clue as to how much money the federal government may pay to support the projects.

This news is significant in metro Atlanta. The 10-county region is counting on the federal government to pay nearly 12 percent of the total $7.1 billion cost (in today’s dollars) of the road and transit projects to be built if voters approve a 1 percent sales tax for transportation.

Without the federal funding, it seems unlikely that all projects will be completed. Neither a contingency plan, nor a priority list of projects, was part of the recommendation from the Atlanta Regional Roundtable, the group of 21 elected officials that created the construction list.

Posted inEleanor Ringel Cater

‘Bully’ — movie of five kids evokes raw feelings with raw footage

The biggest bully in the much-talked-about documentary, “Bully,” isn’t some vicious kid — though we see evidence of their cruelty in the faces of those they’ve attacked.

Rather, it’s an adult. An assistant principal, actually, named Kim. One of those bluff, pseudo-cheery types —her students are her “golden cherubs” — she gives you the creeps early on.

Posted inDavid Pendered

Earth Day’s ideals are evident in DeKalb County’s new renewable fuel facility at its Seminole landfill

Methane gas captured in a landfill in DeKalb County will be transformed into fuel for vehicles at a futuristic facility where the ceremonial ribbon was cut Monday.

This example of renewable bio-fuel is just the sort of technology that was hoped for by participants of the first Earth Day, in 1970. Sunday marks the 42nd celebration of an event that now involves millions of people in at least 192 countries.

DeKalb’s new facility, which will create compressed natural gas from the methane gas, joins another methane recovery operation at the county’s Seminole Road Landfill. The first recovery facility captures methane for use by Georgia Power, which burns it to drive turbines that create electricity.

Posted inTom Baxter

At filing time, Sonny’s Gift funds a modest ‘tax triumph’

“Filing feels good! Share your tax triumph with your friends!”

That’s the cheery message, along with that familar FB button, which greets you on TurboTax this year when you’re finished with the annual ordeal. I’ve embraced social media, but posting my “tax triumph” on Facebook is pushing it just a little too far. It’s vaguely un-American to post the news of your tax filing as if you’d just bought a new puppy.

Shame, too, because for once, I have something to share. Quite unexpectedly, our household has been the beneficiary of Sonny’s Gift.

Posted inMaria's Metro

Deciding Atlanta’s streetcar future —lines along Peachtree, 10th Street and MLK belong high on the list

When the City of Atlanta first started envisioning a streetcar renaissance, the centerpiece idea was the “Peachtree Streetcar.”

Study after study showed that the corridor that had the greatest potential for ridership, economic development and private funding was along Peachtree Street from downtown to Midtown and eventually towards Buckhead.

Posted inDavid Pendered

MARTA throws a wrench into opposition of transportation sales tax in south DeKalb County

MARTA has raised the stakes for passage of the proposed transportation sales tax in DeKalb County.

MARTA’s board of directors did what the Atlanta Regional Roundtable could not muster the votes to do – approve a plan that would create a unified rail system in south DeKalb that would include enhanced bus service along I-20, but more importantly extend heavy rail service from Indian Creek Station to the Mall at Stonecrest.

Talk about a political imbroglio for voters in south DeKalb.

Posted inGuest Column

Mentor Protégé program is a ‘head start’ for small business in Georgia

By Guest Columnist STACEY J. KEY, president and CEO of the Georgia Minority Supplier Development Council

Getting a small business off the ground can prove to be a daunting task. In fact, the vast majority of new businesses fail within the first few years.

The Georgia Mentor Protégé Connection (MPC) is an innovative business development initiative

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