East Lake

AHA board misses deadline to call special meeting to refinance East Lake project; sends letter instead

The Atlanta Housing Authority did not call a special board meeting by Wednesday evening to vote on a plan to refinance the debt on the Villages of East Lake – a date needed for the project to receive $5 million in federal funds.

The Cousins Foundation sent a pointed letter to AHA’s board and executives following their Feb. 28th board meeting, when they did not put the East Lake financing on the agenda.