The Atlanta REALTORS® (ARA), the largest association of its kind in Georgia, released its August 2016 Market Brief on residential housing statistics for 11 area counties in metro-Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally focused synopsis of monthly sales and home prices for single family residential properties.
Congressman Sanford D. Bishop, Jr. (GA-02) is pleased to announce that 16 communities within the 2nd Congressional District of Georgia have been awarded a total of nearly $8,000,000 in Community Development Block Grant Program (CDBG) grants. The CDBG grants were awarded by Georgia Governor Nathan Deal using funding provided by the U.S Department of Housing and Urban Development. The grants will be used to repair infrastructure and revitalize neighborhoods
WPM Commercial, an Atlanta-based investor and developer, said today it is marketing for sale a 220-acre tract entitled for up to 3,500,000 square feet of distribution and manufacturing space in Adairsville, Georgia.
Governor Nathan Deal has announced that 74 Georgia communities will receive a total of $37.7 million in assistance to grow their local economies. The U.S. Department of Housing and Urban Development (HUD) awarded the funding to Georgia’s Community Development Block Grant (CDBG) program, which is administered by the Department of Community Affairs (DCA)
Congressman Sanford D. Bishop, Jr. (GA-02) is proud to share that the U.S Department of Veteran’s Affairs (VA) has awarded the Volunteers of America Southeast (VOASE) a $1,000,000 grant to provide and facilitate stable housing for veterans and their families facing the specter of homelessness.
Gov. Nathan Deal today announced that Home Chef, a meal kit delivery service, will create more than 1,200 jobs and invest $3.35 million in a new DeKalb County facility by 2020. “Home Chef is among the many innovative companies using Georgia’s high-performing transportation infrastructure to grow their distribution network,” said Deal. “By establishing this new facility and utilizing the state’s skilled workforce, Home Chef will be able to reach more of the Southeastern market and meet the needs of a growing customer base.
The City of Atlanta announced today that the Atlanta Homeless Continuum of Care was awarded a three-year, $2.4 million Cooperative Agreement to Benefit Homeless Individuals (CABHI) grant from the Substance Abuse and Mental Health Services Administration and Center for Mental Health Services (SAMHSA), a division of the U.S. Department of Health and Human Services
The Georgia Department of Community Affairs (DCA) will release a grant application on September 1, 2016, for approximately $3 million in new Community HOME Investment Program (CHIP) grants. The Community HOME Investment Program (CHIP) uses a portion of DCA's HOME funds to assist local governments, nonprofit organizations, and public housing authorities to address the needs of affordable housing development in their communities.
The U.S. Department of Housing and Urban Development (HUD) today announced it is charging a Georgia couple with housing discrimination for refusing to rent an apartment they owned to a single mother and her son. HUD’s investigation alleges landlords James and Ella Collier denied one woman’s application because she had a 14-year-old son and that they had a “NO CHILDREN” stipulation in multiple lease agreements with other tenants.
A Georgia real estate investor pleaded guilty today for his role in bid-rigging and bank fraud conspiracies in connection with public real estate foreclosure auctions in Georgia, the Justice Department announced today.
Office rents jumped 13 percent, placing Atlanta at No. 8 in JLL’s Global Top 10 market for office growth. In JLL’s Global Office Index report, Oakland East Bay, Stockholm, Dublin and Dubai (DIFC) took the top spots for annual office rental growth, all with growth of 20 percent or more. Apart from Oakland East Bay, and Atlanta, two other U.S. cities were featured in the top ten: Los Angeles (seventh) and Austin (ninth) showing 13.5 and 12.1 percent growth respectively.
JLL Atlanta announces that Ryan Mandrell has joined the Tenant Rep team at JLL Atlanta as Vice President. A native of Atlanta, Ryan most recently spent four years in New York City with Newmark Grubb Knight Frank, where he was responsible for business & client development, tenant representation, acquisition/disposition, lease portfolio management and strategic advisory and implementation. While there, he completed over 500,000 square feet of transactions and was selected to the 2015 NGKF National Rising Star Retreat.
Plans were announced today for Pinewood Forrest, an innovative mixed-use community located in Fayetteville, Georgia. Envisioned as a community themed and centered around storytellers, the creative and the-creative-at-heart, Pinewood Forrest will go beyond traditional live-work-play plans to become Atlanta’s first Live-Create-Play community. Rising adjacent to Pinewood Atlanta Studios, Pinewood Forrest is designed to inspire and celebrate creativity, and to help people live their best lives.
A Georgia real estate investor pleaded guilty today for his role in bid-rigging and fraud conspiracies committed at public real estate foreclosure auctions in Georgia, the Department of Justice announced. James R. Patterson Jr. admitted that he agreed with other real estate investors to rig auctions of foreclosed homes in Gwinnett County from May 2007 until at least November 2011.
Mayor Kasim Reed and Invest Atlanta today announced a new omnibus Workforce Housing Policy to increase the availability of affordable housing in the City of Atlanta. The policy enhances existing economic incentives for new multifamily real estate to increase the number of housing units available to tenants at specified income levels