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RealEstateRama

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Notice of Funding Availability

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.

Georgia Real Estate Investor Pleads Guilty to Bid Rigging at Public Home Foreclosure Auctions

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.

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

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

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.

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 Atlanta Board of REALTORS® Raise $29,000 for Habitat for Humanity at Annual FUNdraiser

The Atlanta Board of REALTORS®premier fundraising event of the year, the ABR FUNdraiser was held April 21, at the Capital Grille in Dunwoody. More than 300 members rallied together to raise over $29,000, to aid in the association's fundraising efforts to build its 15th Habitat for Humanity home.

Independent transportation study confirms new projects ‘move the needle’ across Georgia

Gov. Nathan Deal today previewed findings by an independent, nationally recognized transportation firm, which conclude that new infrastructure investments statewide will improve safety, reduce congestion and have a positive economic impact on Georgia. The final study, performed by Cambridge Systematics and scheduled for release later this month, analyzed the potential impact of 11 planned projects throughout the state over the next decade.

Rep. Tom Graves Votes to Fund SHEP, Sink EPA Water Proposal, Shoot Down Gun...

Tom Graves (R-GA-14) voted for and the House Appropriations Committee today passed the fiscal year 2017 Energy and Water Appropriations bill, which includes provisions that provide funding for the Savannah Harbor Expansion Project (SHEP), prohibit implementation of the proposed “Waters of the U.S.” rule and prohibit funding of gun control efforts on Army Corps of Engineers land.

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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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The Atlanta REALTORS® Association and FMLS to Host Annual Trade Show

Over 3,000 professionals will gather at the Cobb Galleria Centre on Thursday, August 24th for the 17th year of Showcase, the Southeast's premier residential Real Estate Trade Show, presented by the Atlanta REALTORS® Association and FMLS. Each year, the Trade Show brings together REALTORS®, real estate professionals and affiliated industries on a single day and features a broad selection of essential industry seminars from national and regional speakers, industry items, services, and business tools.