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.
Tag: Affordable housing
Posted inLatest News
Cash from Gulch deal’s affordable housing trust fund allocated toward ‘offsetting rising property taxes’
Atlanta Mayor Keisha Lance Bottoms on Monday announced the first chunk of an affordable housing trust fund spawned from the controversial Gulch redevelopment deal would go toward combating displacement among the city’s longtime residents.
Posted inSean Keenan
New Atlanta City Council legislation could combat “equity theft”
A new Atlanta City Council proposal aims to stop predatory investors from swindling longtime Atlantans out of their homes.
Posted inLatest News
New Westside development adds affordable housing amid supportive services
A new residential development planted just blocks from the Atlanta Beltline’s Westside Trail recently began welcoming its first residents, and more are on the way from nonprofit City of Refuge’s philanthropic programs.
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BREAKING: Atlanta mayor’s housing chief appointed to job at public housing authority
Atlanta’s chief housing officer is soon to claim the vacant chief operations officer seat at the city’s public housing authority, according to sources familiar with the shift.
Posted inSean Keenan
OPINION: With sacrifices, Atlanta can offset its staggering affordable housing shortage
These remedies, though, aren’t matters to hold your breath on; public and private leaders need to take action today.
Posted inLatest News
New bank for Black, Latinx consumers starts as Fed seeks to equalize credit access
The new bank announced Thursday by Andrew Young, Killer Mike and Ryan Glover illustrates the purpose behind the nation’s first sweeping update in 25 years of rules that govern banking in minority communities – a review that aims to address inequities in access to credit.
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In new book, AH CEO calls to ‘revamp nation’s housing policy’
Armed with 35 years of experience leading public housing agencies in the United States and Canada, Atlanta Housing CEO Eugene Jones knows politicians — from the local level to the upper echelons of government — don’t focus nearly as much on ensuring their constituents are sheltered as they should.
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Atlanta’s new “renter’s choice” rule could boost housing accessibility
A new City of Atlanta rule could help people hurdle costly barriers separating them from stable housing.
Posted inColumns
Atlanta, we have a housing problem. It’s time more of us cared
By Guest Columnists JEFF SMYTHE and RAPHAEL HOLLOWAY, CEOs, respectively, of HOPE Atlanta and Gateway Center
For too long, we’ve turned a blind eye to Atlanta’s homelessness and housing issues. Could the pandemic and racial justice movement finally be catalysts for real change?
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AH to install billboard atop HQ to raise money for affordable housing, scholarships
Seeking new revenue streams to fund affordable housing creation and scholarship programs, Atlanta Housing (AH) officials are planning to erect a billboard atop the agency’s downtown headquarters.
Posted inAtlanta Civic Circle
After dodging foreclosure, Westside’s London Townhomes bound for $40 million revamp
After helping bail out a decades-old co-op community on the Westside from the threat of foreclosure, a public-private development partnership aims to restore the 200 residences to the tune of $40 million — and the vast majority of them will remain affordable.
Posted inSean Keenan
Councilman: $100 million affordable housing bond program needs to spur wealth creation
Snagged by the side effects of the COVID-19 pandemic, Atlanta’s much-anticipated housing opportunity bond program could be nearing passage. But some proponents of the initiative say the proposal first needs to be tweaked to foster wealth creation.
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Fulton’s development authority green-lights public assistance for downtown student housing
Fulton County’s development board on Tuesday OK’d a property tax break worth $4.4 million to a developer pitching an $87 million downtown tower that would afford some Georgia State University (GSU) and Atlanta University Center (AUC) students below-market-rate rents.
Posted inAtlanta Civic Circle
Targeted affronts to Atlanta’s lower-income residents spotlighted
Flaunting a more redeeming nickname — “The City Too Busy to Hate” — one might expect more from Atlanta in terms of class parity, as recent news reports have underscored a trend of seemingly targeted discrimination among folks living in the city’s margins.
Posted inLatest News
Atlanta board OKs loans, tax breaks for affordable housing in six places
Atlanta kicks in on below-market-rate housing.
Posted inAtlanta Civic Circle
The redemptive potential of Old Fourth Ward’s languishing Atlanta Civic Center
Gone are the days of Broadway musicals, concerts, lectures and commencement ceremonies at the historic auditorium. But public officials in Atlanta say the mammoth isn’t down for the count, but rather hibernating, awaiting its potential resurrection as a place to live, work and play.
Posted inLatest News
New ARC tool tracks eviction filings across metro Atlanta
The Atlanta Regional Commission (ARC) earlier this month debuted a new data analytics tool that could help local leaders track and respond to the eviction crisis spurred by the COVID-19 pandemic.
Posted inAtlanta Civic Circle
Could Microsoft development spell trouble for Westside affordability?
The much-anticipated Quarry Yards mixed-use development slated for Atlanta’s Westside appears to be kaput, complicating already intense concerns about the future of affordable living in the area.
Posted inLatest News
Atlanta Housing board poised to welcome two new commissioners
The Atlanta Housing board of commissioners is poised to welcome two new members, as the terms of Patrina Howard and Robert Rumley III come to a close.
