Lending practices for affordable housing and underserved communities are among the topics expected to rise to the forefront at the nation’s biggest housing finance institutions following a ruling Wednesday by the U.S. Supreme Court.
Tag: Development
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New Plant Vogtle credit rating says electricity prices could be higher than forecast
Additional construction delays forecast at Plant Vogtle could cause its customers to face higher electricity rates than currently envisioned, according to three credit rating actions issued Monday by Moody’s Investors Service.
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Plant Vogtle milestone: A rate hike request related to pending start of reactor
A new chapter in the saga of Plant Vogtle has commenced. The issue is whether Georgia Power customers will or won’t pay an extra $235 million a year in capital costs to build the nuclear plant, or if the rate hike request will be delayed.
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Plant Vogtle: Georgia’s shame
By Guest Columnist PATTY DURAND, president of Cool Planet Solutions
Georgia Power has the only nuclear plant under construction in the United States, which I call “Georgia’s Shame.” It is shameful that the timeline the utility provided to regulators, investors and the public – those of us paying for this plant – is now six years behind schedule. And it is shameful that the utility’s cost estimates for this plant were off by a shocking 100%: The original cost estimate for the two new units was $14 billion, and 2021 costs are near or at $30 billion.
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Sustaining rural Georgia a focus of new transportation, broadband initiatives
Georgia’s latest efforts to strengthen rural Georgia include last week’s unveiling of a transportation initiative, more broadband and continued maintenance of state-owned railroads that offer an alternative to shipping freight by trucks on highways.
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RuPaul’s 1985 drag shows at Atlanta Eagle site could help stop potential demolition
The drag queen RuPaul’s early career at a building now known as the Atlanta Eagle could help avert the city’s proposal to allow future development above and behind the structure, including some structural demolition and the potential relocation of the KODAK sign to some other spot on the property.
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Protect neighborhoods by saving zoning
By Guest Columnist BOB IRVIN, former Republican minority leader in Georgia’s House of Representatives
Atlanta, your city government is trying to trick you.
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Protecting trees: Replace cut/scrape housing with village conservation communities
By Guest Columnist GREG RAMSEY, founder of Village Habitat Design
Our last forests in and around Atlanta (The City of Trees) are under assault. Sites are needlessly being cut and scraped to further a suburban, conventional style development pattern that has consumed most of the woodlands and farms in and around Atlanta. We are left with a limited number of “forest enclaves” on the remaining private tracts of land, and they are awaiting a similar fate.
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Free high speed internet, low VOC paint now required in certain affordable housing
The nation’s most significant program to fund affordable housing has new criteria in Georgia that aim at making units more sustainable and requiring residents to have access to free high-speed internet.
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Time for Atlanta’s arborists, developers and citizens to advocate for trees
Nearly every tree surrounding the Darlington Apartments – 127 in all – on Peachtree Road will be cut down to make way for a new medical office building and garage.
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City of South Fulton takes steps to spur $2 billion in development over 20 years
The City of South Fulton has taken tangible steps to promote a projected $2 billion in growth, over 20 years, in two sections of the city that face different types of challenges – the rural west side and the commercial east side of town.
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Buckhead bucks trend of flight from cities as subdivision of large lots continues
Buckhead is bucking the reported trend of the wealthy fleeing cities to escape the pandemic. That’s the case in at least two situations.
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Northside Drive to reopen Dec. 7; sewage pump to be complete in August 2021
By David Pendered Northside Drive in Buckhead is to reopen on Dec. 7, ending a total closure of the road for the past three months in a part of the city where travel has been impeded since 2017. Northside Drive is a major North-South roadway along the west side of Buckhead. It runs between I-75 […]
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Georgia continues to build roads, seek transit funding as other states cut back
The pandemic has not slowed road construction in metro Atlanta, nor prompted Gwinnett County to delay the vote on a proposed 1 percent transit tax. Slowdowns are underway in other states.
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Fulton board hits pause on developer tax break after Capitol View commotion
Also, tax break approved for site of old cold storage on southside BeltLine.
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Volunteer environmental groups: Formidable force for Chattahoochee, South rivers
Volunteer environmentalists are fighting two separate battles to keep pollution out of the Chattahoochee River and South River, the two biggest waterways in metro Atlanta.
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DeKalb County vows to stop sewer leaks by 2027 in plan awaiting public comment
DeKalb County has promised to stop leaking raw sewage from its sewer system in certain areas of the county by late 2027. This is part of a negotiated settlement valued at more than $1 billion that lays the blame for failure to fix the system since 2011 on prior county administrations.
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Atlanta BeltLine: Equitable development report amid concerns over citizen input
The Atlanta BeltLine’s most dramatic influence on the city’s growth and decline appears in two areas of Northwest Atlanta. Since 2000, population has dropped by 16 percent south of the future Westside Park, and more than doubled west of Atlantic Station, according to an Oct. 14 report on equitable development along the BeltLine.
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Atlanta’s equitable development: No easy answers, but other cities could light way
As Atlanta struggles with the idea of equitable development in blighted areas, such as along the southern crescent of the Atlanta BeltLine, efforts in Washington, Detroit and Boston present real-time examples.
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Gwinnett County transit vote: Local control is the watchword
In Gwinnett County, local control is the watchword in the campaign for a proposed 1 percent sales tax to expand transit. MARTA will be involved only because state law requires it – and the role is restricted to heavy rail.
