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Georgia Real Estate Investor Pleads Guilty to Bid Rigging and Bank Fraud at Public...

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 Announce New Affordable Housing Policy

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

USGBC Announces New Director in Georgia

USGBC announced the appointment of Shelby Busó as the director of USGBC Georgia. In this role, Busó will work to advance USGBC’s mission to transform the way buildings and communities are designed, built and operated through localized engagement and outreach throughout the state.

Mayor Kasim Reed Advances $380 Million in New Transportation Infrastructure Spending for November TSPLOST...

Mayor Kasim Reed announced today that the Atlanta City Council has voted 13 to 1 to approve a measure to put a special local option sales tax (TSPLOST) referendum on the November ballot to fund transportation related infrastructure projects throughout the City of Atlanta. The ballot referendum will ask Atlanta voters to authorize a 0.4 percent sales tax increase for a five-year period. The TSPLOST is projected to generate approximately $260 million, which will be leveraged to generate additional matching funds.

ISAKSON PRESSES NDAA CONFEREES TO PROTECT BASIC ALLOWANCE FOR HOUSING

U.S. Senator Johnny Isakson, R-Ga., today joined a bipartisan effort to urge Senate and House Armed Services Committee leadership to protect dual-military families, women and junior members of the Armed Forces

The Atlanta REALTORS® Releases June 2016 Statistics on Housing Market

The Atlanta REALTORS® (ARA), the largest association of its kind in Georgia, released its June 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

COLLINS BILL ROLLS BACK POSTAL SERVICE OVERREACH, PROVIDES RELIEF TO LOCAL HOMEOWNERS

Congressman Collins introduced H.R. 5750, The Common Sense Postal Delivery Restoration Act of 2016. This legislation will ensure that homes and neighborhoods that were eligible to receive or were receiving mail prior to the implementation of new postal rules will still be able to receive mail to their addresses under the new rule. Recent United States Postal Services (USPS) rules are forcing home developers to tear up already built or permitted neighborhoods in order to install centralized mailboxes, called cluster boxes, so that all the mail for the neighborhood is delivered to one location, instead of individual homes

Three Georgia Real Estate Investors Plead Guilty to Bid Rigging and Bank Fraud at...

Three Georgia real estate investors pleaded guilty today for their roles in bid-rigging and fraud conspiracies committed at public real estate foreclosure auctions in Georgia, the Department of Justice announced today

Two Georgia Real Estate Investors Plead Guilty to Bid Rigging and Fraud at Public...

Two Georgia real estate investors pleaded guilty today for their roles in bid-rigging and fraud conspiracies committed at public real estate foreclosure auctions in Georgia, the Department of Justice announced today.

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 1855 Hudson Bridge Road in Stockbridge, Georgia for $5,020,000

Register Vacant Property: It’s The Law

In an effort to keep Atlanta beautiful, Atlanta’s Code Enforcement Section is urging vacant property owners to register those properties with the City.

City of Atlanta Named a Promise Zone by the U.S. Department of Housing and...

Mayor Kasim Reed joined U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro today to announce the City of Atlanta has been named a Promise Zone community. Through the Promise Zone Initiative, the City will work strategically with HUD and other federal agencies to boost economic activity and job growth, improve educational opportunities, reduce crime and leverage private investment to improve the quality of life in the “Westside Promise Zone,” which is comprised of the historic Atlanta University Center neighborhood, Ashview Heights, Vine City, English Avenue and Castleberry Hill.

Georgia DCA awards $6.2 million in 16 community home investment grants

The Georgia Department of Community Affairs (DCA) has awarded more than $6.2 million in grants to 16 community entities across the state to build new single family homes and help homeowners rehabilitate their homes. Grant amounts range from $160,140 to $612,000. The awards were made through the 2016 Community HOME Investment Program (CHIP)

Allen Named ‘Hero of Main Street’

Rep. Rick Allen (R-Ga.-12) today announced that he has received the “Hero of Main Street” award from the National Retail Federation for his support of legislation critical to the retail industry. Rep. Allen is part of a bi-partisan group honored for their support of a wide range of issues including infrastructure investment, tax reform and labor issues.

The Boulder Group Arranges Sale of Net Lease Family Dollar

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Family Dollar located at 3211 Old McDuffie Road in Augusta, GA for $1,490,000. The newly constructed Family Dollar is located at the signalized intersection of Old McDuffie Road and Barton Chapel Road.

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Mayor Kasim Reed Advances $380 Million in New Transportation Infrastructure Spending...

Mayor Kasim Reed announced today that the Atlanta City Council has voted 13 to 1 to approve a measure to put a special local option sales tax (TSPLOST) referendum on the November ballot to fund transportation related infrastructure projects throughout the City of Atlanta. The ballot referendum will ask Atlanta voters to authorize a 0.4 percent sales tax increase for a five-year period. The TSPLOST is projected to generate approximately $260 million, which will be leveraged to generate additional matching funds.

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Georgia Real Estate Investor Pleads Guilty to Bid Rigging and Bank...

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.