The purchase price of a residence is deemed affordable under federal guidelines in all but two metro Atlanta counties, according to a new report from the Atlanta Fed.
Tag: Affordability
Posted inLatest News
Lumber price hikes fuel rising housing costs in ATL, nationwide: Fed, trade group
With lumber prices nearly tripling since April, the nationwide rise in home prices was expected in the Beige Book report of economic conditions released Wednesday by the Federal Reserve.
Posted inColumns, Main Slider
Gentrification eats Its own
I’m one of those rare people actually born and raised in Atlanta, and I spent a lot of my formative years at my godfather’s home off Flat Shoals Avenue.
During the 90’s- early 2000’s I watched the eastside change first-hand. I saw East Lake, Kirkwood and Downtown Decatur transform, but East Atlanta – more specifically the village – was particularly interesting.
Posted inMaggie Lee
At BeltLine quarterly briefing, affordability dominates
Even as housing affordability gets a lot of attention, the market forces that have been bearing down on the westside for years already are mighty.
Posted inMaggie Lee
Construction starts for new housing — with some rent discounts and public subsidies — atop Downtown parking deck
Workforce rent for a two-bedroom apartment would come to $1,347 per month, versus $3,108 at market rate.
Posted inColumns
Atlanta’s gentrification, now a challenge, started as sign of city’s spirit of civil rights
By Guest Columnist HATTIE DORSEY, civic volunteer, founder and retired president of the Atlanta Neighborhood Development Partnership
Gentrification is a word used to describe what happens with housing development patterns in cities, particularly in the North, Midwest and West Coast cities, when neighborhoods change by race and by income. It was not a pattern that happened in the South, because housing in this region was segregated by race even years after the civil rights movement.
Posted inColumns
A potential plan for the mayor’s $1 billion affordable housing promise
HouseATL task force releases its working recommendations—including 24,000 new or preserved affordable homes—for the mayor’s consideration.
Posted inLatest News
BeltLine publishes affordable housing road map
About halfway to its 2030 deadline, the BeltLine has just published a road map meant to help catch the agency up to its promise to build housing that’s affordable for working folks. The agency’s leader says they’ll need help getting there.
Posted inLatest News
Atlanta City Council approves Westside project with lower density and more affordable housing
The Atlanta City Council unanimously approved plans on Monday for the Echo Street Communities development in English Avenue, one of the first large-scale developments in the area that has triggered strong alarm among many residents concerned about gentrification on the Westside.
The affordable housing plans for the project, which also includes thousands of square feet in office space and retail, match the city’s guidelines, with 35 potential additional affordable units in the works.
Posted inMain Slider
The affordable housing that’s hidden in plain sight
Atlanta’s creating more luxury apartments than low-cost ones, which is part of why many people worry that the age of an affordable Atlanta is coming to an end. But what might be a big part of an affordable housing fix is hidden in plain sight.
Posted inMain Slider
Know your “affordable housing”
Atlanta’s in an affordable housing “crisis,” it’s got a “shortage.” But two people talking about “affordable housing” might not mean the same thing.
Posted inUncategorized
In era of government scarcity, public-private partnerships bridge community needs
By Eric Tanenblatt, Rick Jackson [Ed. note: This article first appeared in the Atlanta Business Chronicle.] Solving problems like poverty, or inequities in housing, education or healthcare, is an expensive undertaking, and the gap between what’s required and what’s actually available, especially from public resource pools, is dramatic and widening. With every passing day, the social and […]
Posted inLatest News
Questions on housing and more at Westside summit with mayor
It was a big crowd for 7:15 on a Friday morning — probably about 300 people eventually squeezed their way into the meeting room. That shows the hunger of the west side’s most committed partisans to hear what Atlanta’s still-new mayor would say about their neighborhoods and its struggles.
Posted inUncategorized
High Performance Without the High Price Tag
By David Bailey, Project Manager, Southface Most intown Atlantans know that housing prices are rising and some rents have risen by as much as 70 percent. This means less affordable housing across the city for those who need it most, including seniors. For seniors living in the heart of the city, affordability is especially critical. […]
Posted inLatest News
Atlanta mayor hints at high-level affordability post
Atlanta Mayor Keisha Lance Bottoms said this week that in a year’s time there will be formalized coordination of leadership on behalf of the city as it relates to affordability.
Posted inATL Business Chronicle
Meet the man who was helping the Westside before it was cool
As published in the Atlanta Business Chronicle on March 9, 2018
It was 2001 when Leonard Adamsfounded a nonprofit to provide low-income housing with support services in Atlanta’s Westside.
Over the past 17 years, the Quest Community Development Organization has developed several small affordable housing communities totaling 269 units and building $22 million in assets.
Posted inColumns
Mayor Keisha Lance Bottoms – aim high when building out your team
It’s not surprising for a new mayor to transform her administration with new faces in various roles.
Since taking office in January, Atlanta Mayor Keisha Lance Bottoms has announced the transition of nearly 20 members of her cabinet. Some have left of their own volition, some have been encouraged to leave in due time, an some have been asked to leave immediately.
Posted inLatest News
Georgia Legislature sets up Atlanta tax votes, but not for BeltLine
The state Legislature closed its business this year without authorizing a BeltLine idea to raise some $100 million via a new tax on commercial and multifamily residential properties near the trail. But they did approve Atlanta votes on property taxes and extending a sewer sales tax.
Posted inUncategorized
Partnering to Preserve Affordability
Atlanta is losing its status as an affordable city. Insight from the Federal Reserve Bank of Atlanta and Enterprise Community Partners have shown that our region lost more than 5,000 low-cost rental units from 2010 to 2014 and that we are poised to lose tens of thousands more due to expiring subsidies. With two recently financed projects, the ANDP […]
Posted inLatest News
Time to buckle down on BeltLine challenges, says its first planner
With huge population growth on the horizon, Atlanta’s at a moment where it needs to handle the challenges that are coming with the BeltLine, says its godfather, Ryan Gravel.
