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.
Tag: Heirs property
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Initiative to preserve family farms in metro Atlanta receives $5 million in grants
An initiative to preserve family-owned farmland and keep it growing food in metro Atlanta has won two grants in the past month that total $5 million – one from the federal government and one from an organization launched by Lt. Gov. Geoff Duncan.
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Georgia’s estimated $34-plus billion in heirs property could ease wealth, housing gap
In Georgia alone, an estimated $34-plus billion in property has no owner with a clear title. If the value were unlocked, this heirs property – most of it presumed to be in black hands – could help address the black-white divide in homeownership and issues related to poverty, according to an emerging body of research by the Federal Reserve Bank of Atlanta and others.
