As the city of Atlanta grapples with its housing affordability crisis, news abounds of municipal and nonprofit efforts to boost the intown residential housing stock and provide services to lower-income renters.
Atlanta Civic Circle is launching a biweekly newsletter, “Housing Happenings,” to distill the torrent of Atlanta’s important housing stories in an easily digestible way so that you can stay informed.
Sean Keenan, ACC’s housing reporter is the lead writer for the newsletter, with editing from Meredith Hobbs.
For our inaugural dispatch, here’s a brief breakdown of what local city leaders, activists, experts, and renters are doing, thinking, and need to know.
Atlanta Housing could soon okay redevelopment plans for the Atlanta Civic Center.
Eugene Jones, the public housing authority’s chief executive, told Atlanta Civic Circle in a July 18 email that the agency’s board of commissioners will “hopefully” vote on a master development agreement for the iconic Old Fourth Ward site during its July 26 meeting.
Atlanta Housing tapped the joint venture of Republic Properties, the Michaels Organization, and Sophy Capital—two national developers and a local minority-owned investor—to serve as master developers for the massive undertaking last fall.
Their winning proposal for the 20-acre property includes over 1,300 new residences, with 40% deemed affordable housing—305 government-subsidized units and another 220 units priced as affordable for households earning up to 80% of the area median income.
The other 786 units will rent at market rate, accompanied by retail, restaurants, office space and a hotel.
The property, which is anchored by the Civic Center and its famous 4,600-seat theater, has been sitting idle since 2014, as multiple previous redevelopment plans fell through.
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Invest Atlanta is seeking a team to reimagine downtown’s Two Peachtree Street tower—with lots of housing….
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