A Boston firm, the Collaborative, sent its CEO to Atlanta to learn more about MARTA’s intent to hire a consultant to create master plans to guide future development around two stations at the ends of its East-West line.
Tag: Atlanta Fed
Posted inLatest News
Metro Atlanta house prices up 21.2 percent in past year; investors flood market
Metro Atlanta’s housing market shows trends including these two: Prices are up sharply over the past year, and institutional investors are buying or building dwellings to put into the rental trade, according to the Atlanta Fed’s Beige Book, released Wednesday.
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For-sale residences in metro Atlanta affordable under HUD guidelines: Atlanta Fed
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.
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Pandemic eviction filings target mostly non-white, lower-income areas: Atlanta Fed
The hotspots for pandemic eviction filings in metro Atlanta have been in non-white, lower-income areas of south Fulton and DeKalb counties and in Clayton County, according to a report from the Federal Reserve of Atlanta.
Posted inColumns
Atlanta voices rise in national debates over racism in the economy
Atlanta has a significant presence in the national debate over the future of Black-owned farms and properties, as well as the Federal Reserve’s role in discussing racism in the economy, which is being challenged by the Senate Banking Committee.
Posted inColumns
‘Racism and the Economy:’ Past may hold ideas for equitable policies for future
President Nixon’s playbook to promote Black business formation may be as good a place as any to begin today’s effort to devise policies to address racism in American capitalism, according to the keynote speaker in a series convened by Atlanta Fed President Raphael Bostic.
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Atlanta one of five regions chosen to host program to help workers find good jobs
A new program in metro Atlanta aims to help folks without college-grad backgrounds get good jobs. The the effort is part of a national partnership of more than 30 entities that includes the Atlanta Fed, Goodwill of North Georgia, Rework America Alliance, IBM, Google, the National Urban League and the AFL-CIO.
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Atlanta Fed reports on COVID vaccinations, hiring, declining home affordability
The Atlanta Fed’s anecdotal report on the region’s economy contained three key takeaways: COVID-19 vaccinations may be encouraged but not required by employers; most jobs are easy to fill; and home ownership affordability has declined.
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Black borrowers pay higher mortgage rates because they don’t refinance: ATL Fed
Some Black homeowners do pay higher interest rates on mortgages than non-white Hispanics, but a new report issued by the Atlanta Fed shows the reason isn’t the rule-of-thumb principle that had associated the cause with racial bias by lenders.
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Women’s disproportionate setbacks in Covid economy subject of ATL Fed’s webinar
The gender wage gap is expected to widen during the coronavirus pandemic – and persist. The Atlanta Fed’s webinar on Friday is to expand on this topic as part of Raphael Bostic’s call for a more inclusive economy.
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Atlanta Fed president urges new rules for banking in minority communities
Atlanta Fed President Raphael Bostic pointed to a few Atlanta neighborhoods to explain why the Federal Reserve intends to revise the law that governs banking in many minority and lower-income communities.
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Reforming income inequality that threatens U.S. credit profile: Atl Fed, Moody’s
Income and racial inequality could undermine the U.S. credit profile, a leading Wall Street analyst warns in his sharpest wording yet in a series that dates to 2018.
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Southerners trust GOP on economy; Atlanta Fed reports ‘soft’ Southern economy
A majority of American voters in the South have more trust in congressional Republicans than Democrats to handle the economy, according to a POLITICO/Morning Consult poll released Wednesday.
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Diverting mortgage payments to gamble in stock market, pay higher-interest debt
Gambling in the stock market and paying off higher-interest loans is the way some homeowners may be using the mortgage payments they’ve not had to pay during the pandemic, according to a report released Thursday by the Atlanta Fed.
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Atlanta Fed president continues his call for, ‘A Moral and Economic Imperative to End Racism’
Atlanta Fed President Raphael Bostic on Tuesday continued his forceful call for an end of structural racism for reasons he sees as moral and economic.
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Atlanta Fed president: ‘It’s going to be tough’; Prices up for agricultural commodities
The Federal Reserve confirmed the obvious Wednesday – “Economic activity contracted sharply and abruptly across all regions in the United States as a result of the COVID-19 pandemic.” Price hikes are reported across the Southeast in grains, milk and eggs, as well as demand for oranges.
Posted inMaria's Metro
Mourning the loss of dozens of trees along Peachtree in Midtown
It is not a good time to be a tree in Midtown Atlanta.
Trees are being cut down at three high-profile sites along Peachtree Street – and what’s most amazing is that in each of these cases, these trees have been in public hands – either the city of Atlanta or the Federal Reserve Bank of Atlanta.
