Housing & Development

Housing & Development
Crescent Perimeter

Crescent Communities Starts Construction on Apartment Community in Atlanta’s Perimeter

Crescent Communities, has secured financing for an upscale for-rent multifamily community now under way in Atlanta’s booming Perimeter neighborhood. The community, Crescent Perimeter, will consist of 320 apartments units ranging from one to three bedrooms. Situated at 5755 Glenridge Road in Sandy Springs, Georgia, the contemporary community will be four and five stories surrounding a parking deck within the 26-acre Lakeside office park just north of I-285.

Six Georgia Communities Selected for State Housing Program

Six Georgia communities have been newly selected to receive assistance with their housing needs through the Georgia Initiative for Community Housing (GICH), a public-private initiative that helps communities strategically grow their economies through housing-related solutions. Bartow County and the Cities of Commerce, Dublin, Fairburn, Warrenton and Union City will begin the three-year program in February.

JLL Completes Phase 1 of University System of Georgia Student Housing Privatization Project

Following JLL’s role as real estate and development advisor on the highly successful closing of the first ever, nine campus, $548 million student housing privatization in 2015, JLL was also hired as the Program Manager to represent the Board of Regents on four campuses with new student housing development included as part of the P3. The projects listed below were all completed on schedule July 15, 2016 and are now fully occupied

DCA awards $20.5 million in Housing Tax Credits

The Georgia Department of Community Affairs (DCA) announced today it will award $20.5 million federal housing tax credits to construct or rehabilitate 25 affordable rental housing properties located throughout the state. The developments include affordable housing for working families, housing for Georgia seniors and housing for persons with disabilities, and were selected from 79 applications in the annual competition

Carter Demands Immediate Action at Westlake Apartments

Carter has led the charge for assistance at the complex in the wake of Hurricane Matthew. After weeks of receiving inaccurate or incomplete information from the United States Department of Housing and Urban Development (HUD), Carter today urged HUD Secretary Julian Castro to visit and intercede immediately on behalf of the tenants of the Westlake Apartments

HHS ANNOUNCES OVER $3 BILLION IN FUNDING FOR ENERGY ASSISTANCE PROGRAM

The U.S. Department of Health and Human Services’ (HHS) Administration for Children and Families has announced over $3 billion in funding for the Low Income Home Energy Assistance Program (LIHEAP). LIHEAP aids low-income families and individuals with bill payments, energy crises, energy efficiency improvements, and energy-related home repairs.

DCA to co-sponsor Atlanta Affordable Housing Preservation Challenge

The Georgia Department of Community Affairs (DCA) is co-sponsoring a competition to foster creative solutions to today’s housing needs.  Organized in conjunction with Georgia ACT and Enterprise Community Partners, and sponsored by the JP Morgan Chase Foundation, the Preservation Challenge is an idea competition to generate innovative, implementable proposals that will help preserve affordable housing in the Atlanta region and throughout Georgia’s urban centers
First Boutique Hotel

Pinewood Forrest Announces Several Key Partnerships; Hay Creek Hotels Signs On to Open First...

Pinewood Forrest, an innovative mixed-use community located in Fayetteville, Georgia, today announced several milestones as part of its newly established Pinewood Progress update series. One highlight centers on Hay Creek Hotel’s decision to open its first metro Atlanta boutique hotel at the development

Pinewood Forrest Hires Top Entertainment Executive as President

Pinewood Forrest, an innovative mixed-use community located in Fayetteville, Georgia, today announced international expert Rob Parker as its new President. In his newly created role as president of Pinewood Forrest, Parker will oversee strategy, planning, financial management, development and ongoing operation of the groundbreaking Live-Create-Play community adjacent to Pinewood Atlanta Studios

Scott, Lewis, Conyers and Waters Urge Inclusive Search for New Atlanta Fed President

Reps. David Scott (D-GA), a senior member of the Financial Services Committee; John Lewis (D-GA), a senior member of the House Ways & Means Committee; John Conyers, Jr. (D-MI), Ranking Member on the Judiciary Committee; and Maxine Waters (D-CA), Ranking Member on the Financial Services Committee, urged the Federal Reserve to conduct an inclusive, transparent search for the next President of the Reserve Bank of Atlanta, one that engages candidates from many diverse backgrounds.

Albany, Douglasville, Perry, Porterdale and Rincon “Graduate” from Georgia Initiative for Community Housing Program

Local leaders from the cities of Albany, Douglasville, Perry, Porterdale and Rincon were recognized for their communities’ completion of the Georgia Initiative for Community Housing (GICH) program at the annual retreat held September 20-22 in Gainesville.

Rep. Tom Graves Supports Georgia’s Waterways, Savannah Harbor Expansion Project

Rep. Tom Graves (R-GA-14) today issued the following statement after voting in favor of the Water Resources Development Act (H.R. 5303), bipartisan legislation that authorizes federal partnerships for developing and maintaining the nation’s waterway infrastructure, such as the Savannah Harbor Expansion Project

City of Atlanta Joins U.S. Department of Energy’s Better Communities Alliance to Further Energy...

The City of Atlanta announced today that it has joined the U.S. Department of Energy’s Better Communities Alliance (BCA), a collaborative effort among local governments, philanthropies, nonprofit organizations and leading private companies to accelerate local clean energy progress and leadership across the country.

The Atlanta REALTORS® Releases August 2016 Statistics on Housing Market

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 BISHOP ANNOUNCES COMMUNITY DEVELOPMENT BLOCK GRANTS

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

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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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ARA

Atlanta REALTORS® Releases January 2017 Statistics on Housing Market

Atlanta REALTORS® (ARA), the largest association of its kind in Georgia, released its January 2017 Market Brief on residential housing statistics for 11 area counties in metropolitan 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.