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Old 07-07-2015, 11:50 AM
 
2,092 posts, read 3,223,600 times
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"High land values, high-performing schools, and high demand for intown living have quickened the swing of the wrecking ball on several nearby inexpensive properties in Buckhead where, according to city estimates, only 4 percent of the current rental housing is considered affordable. The question is whether the tools that help keep some units within reach of teachers, police officers, and service workers can keep up — or even make a dent.

According to Dawn Luke, the housing finance director of Invest Atlanta, the city's economic development agency, only 1,170 of Buckhead's 30,000 existing rental units fall under the federal government's definition of affordable..."

Full Story: The last gasps of affordable housing in Buckhead | News Feature | Creative Loafing Atlanta
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Old 07-07-2015, 11:53 AM
 
Location: NW Atlanta
6,503 posts, read 6,117,758 times
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Welp, time to bring back the projects.

/s
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Old 07-07-2015, 12:09 PM
 
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I wonder how many along the Beltline or in Midtown fall under the definition of affordable?
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Old 07-07-2015, 12:17 PM
 
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Adam Smith is spinning in his grave.
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Old 07-07-2015, 12:18 PM
 
Location: Atlanta, GA
719 posts, read 1,332,307 times
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Actually, I was driving around yesterday night in the Buckhead kinda in town area merging into Brookhaven, W Midtown over towards Roswell Road, and there are still a lot of projects or what appeared to be affordable housing. They are just pushed way in the back. I saw a pretty large community by Post Chastain. I would have never known it was there....
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