A report released Tuesday suggests there’s no reason to suspect prices will decline anytime soon in the rental apartment sector. This would seem to increase pressure on advocates of affordable housing as they seek to entice developers to build units and price them at below-market rates
Tag: Affordable housing
Posted inLatest News
Atlanta appoints a new chief housing officer
Terri Lee, the city’s deputy planning commissioner, will lead new efforts to coordinate affordable housing solutions.
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Kensington station development proceeds despite Avondale protests
The 240-unit development will be “100 percent affordable housing” right next to the Kensington MARTA station.
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Critics rallying to “Redlight the Gulch;” call it a bad deal for Atlanta
But the crux of the anti-Gulch deal argument is that what the people get is nothing compared to what the developer gets.
Posted inSonam Vashi
Brookhaven council to vote on citywide affordable housing policy
The city’s planning commission bumped up a policy to set aside 10 percent of new apartment units to include the whole city.
Posted inColumns
Affordable housing goals meet market realities in proposed Atlanta developments
For starters, the monthly rent is to jump by nearly 50 percent at one proposed apartment complex that’s to replace a planned teardown of duplexes located north of Atlanta’s Oakland Cemetery. This is just one of several developments that may give members of the Atlanta City Council an opportunity to ponder aloud the city’s state of affordable housing.
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Some cheers, many jeers, greet mayor’s push for high-stakes Gulch deal
By the end of a roughly 90-minute public meeting at Atlanta City Hall on Wednesday night, two things were getting familiar through repetition: the city’s pitch for up to $1.75 billion in tax incentives for a developer pursuing a Gulch re-do; and opponents saying the people of the city ought to get a lot more out of the deal.
Posted inSonam Vashi
Gulch deal falls short on affordable housing, critics say
For some councilmembers and advocates, the Gulch deal’s affordable housing perks aren’t enough to justify a potential $1.75 billion in public incentives.
Posted inSonam Vashi
Task force lays out affordability proposal at housing forum
HouseATL presents its affordable housing proposal to the public—including creating or preserving 20,000 units over the next decade.
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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.
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Affordable homes along Atlanta BeltLine: A different perspective on the number built
The Atlanta BeltLine would be almost halfway to its goal of creating 5,600 affordable homes if it could count all the affordable homes that were subsidized by a government and built within a mile-wide corridor centered on the BeltLine, the BeltLine’s interim CEO told members of an Atlanta City Council committee Tuesday.
Posted inSonam Vashi
City audit looks at the state of affordable housing
A new report shows affordable housing is disproportionately distributed in Atlanta and recommends keeping housing “affordable” for longer.
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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.
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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 inColumns
A holistic approach to provide affordable houses in distressed South DeKalb
A new, $20 million initiative that’s to provide 100 affordable homes – and improve the quality of life – in South DeKalb County could become a model for supporting distressed suburban neighborhoods, which have emerged as the epicenter of poverty since the Great Recession.
Posted inHigher Education, Thought Leader, Uncategorized
The Rise in Single Family Rental Homes in the Sunbelt Metropolis has Implications for Fair Housing
By Dan Immergluck In the wake of the U.S. foreclosure crisis, there has been a large increase – on the order of 50 percent – in single-family rental homes, or SFRs, across the country. As millions of families lost their homes to foreclosure, many of those homes were eventually purchased by investors – small and […]
Posted inColumns
Atlanta’s citizen planners recommend incentives to boost housing development
Once they were finished, the citizen planners who on Saturday offered their ideas about how to promote housing development in Atlanta relied heavily on many of the same tools used around the nation for more than 30 years – government incentives to entice the free market to meet a public need for housing at all prices.
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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 inColumns
Rental housing market skews to wealthy, reducing supply of affordable homes
Cities across the country join metro Atlanta in facing shortages of affordable housing that stem, in part, from a surge in the proportion of rental homes that are built and priced for wealthy folks who want to rent, not own, a home, according to a recent report from a think tank at Harvard University.
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Law of supply, demand fueling shortage of affordable housing
The shortage of affordable homes in metro Atlanta is function of the shortage of homes in all price ranges. The lack of housing units of all types is driving up the prices of the units that do exist, a real estate analyst said Wednesday at the Atlanta Regional Housing Forum.
