Latest news with #AtlantaHousing
Yahoo
06-03-2025
- Business
- Yahoo
Atlanta city leaders break ground on $63 million housing project
City leaders in Atlanta broke ground on a $63 million housing project on Wednesday. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] The land along Yates Drive in northwest Atlanta is where the old Bowen Homes once stood. Those buildings were torn down 16 years ago. This marks the start of construction for the first phase of a $40 million HUD Choice Neighborhoods Initiative. City leaders, Atlanta Housing and its partners are redeveloping the property into a mixed-income community. The first phase will have 151 homes. TRENDING STORIES: On the Border closes all GA restaurants, files for bankruptcy Jonesboro mayor resigns as council calls for audit of city's finances DeKalb deputy fired, charged in thefts from Publix where he worked as security [SIGN UP: WSB-TV Daily Headlines Newsletter]
Yahoo
06-03-2025
- Business
- Yahoo
Atlanta Housing breaks ground on $64 Million Bowen Homes redevelopment
The Brief Atlanta Housing recently held a groundbreaking ceremony for Phase 1 of the new Bowen Homes development. The housing authority demolished the former public housing site in 2009. Phase 1 will feature 151 mixed-income apartments, and the entire redevelopment will include more than 2,000 housing units. This initial phase is a $64 million project, supported by a $40 million HUD Choice Grant. Leasing for Phase 1 is set to begin in the winter of 2026. ATLANTA - The new Bowen Homes in northwest Atlanta will be on the same 74-acre site where the public housing development sat for more than 40 years. The community was demolished as part of the public housing authority's effort, which began in the '90s, to revitalize old and oftentimes dangerous areas. What they're saying Phase 1 will feature 151 apartments. The entire project will eventually have more than 2,000 units with commercial development as well. "From a rental aspect, they will pay no more than 30% of their income, and we'll come in with the rest with a subsidy," said Terri Lee, Atlanta Housing CEO. The Neighborhood Planning Unit chair for the area, Torrey Sumlin, says this is revitalization, not gentrification. "The community deserves the opportunity to see this development thrive," said Torrey Sumlin, NPU-G Chair. "It sat vacant for so long. We know what the history is here, but now we have the opportunity to bring it back." Dennis Butler, Mook B, of the rap group D4L, grew up in Bowen Homes and still lives nearby. "Look at the smile on my face," said a smiling Butler. "It's such a blessing that they came back; I want me an apartment. Who do I need to talk to?" What's next The project is expected to spur development along James Jackson Parkway and Donald Lee Hollowell Parkway. Dig deeper Atlanta Housing says it is still working with more than 400 former Bowen Homes tenants. All will have a chance to come back to live if they wish. At one time, roughly 4,000 people lived in 650 apartments at Bowen Homes. The Source FOX 5's Kevyn Stewart spoke to residents of Bowen Homes for this article.
Yahoo
28-01-2025
- Business
- Yahoo
Atlanta mayor calls on Trump to ‘immediately restore' funding after freezing federal aid
Atlanta's mayor is calling on the Trump administration to immediately restore 'funding for Atlanta and the entire region' after it announced that it would be putting a pause on federal grants and loans starting at 5 p.m. Tuesday. President Trump said his administration was going to begin an across-the-board ideological review of its spending. It said federal assistance to individuals would not be affected, including Social Security, Medicare, food stamps, student loans and scholarships. However, the funding freeze could affect trillions of dollars, at least temporarily, and cause widespread disruption in healthcare research, education programs and other initiatives. Even grants that have been awarded but not spent are supposed to be halted. In a statement from Atlanta Mayor Andre Dickens, he said: 'These actions adversely affect not only the City's funding for affordable housing, assistance for our unsheltered residents, economic development projects, salaries and investments in our infrastructure and public safety—they also affect partner agencies like Atlanta Housing, Partners for HOME and other organizations who currently cannot access the portals they use to pay people's rents, operational costs or fund economic programs; in turn placing an even heavier burden on the communities we collectively serve.' TRENDING STORIES: Town Center at Cobb closed after Georgia Power says mall owners haven't paid bills Wife of man arrested by ICE says agents were waiting outside their church in Tucker Delta Lounge at Atlanta airport hiring for over 90 positions at job fair today It's unclear from a White House memo how sweeping the pause will be. Matthew Vaeth, the acting director of the Office of Management and Budget, wrote that 'each agency must complete a comprehensive analysis of all of their Federal financial assistance programs to identify programs, projects, and activities that may be implicated by any of the President's executive orders.' He also wrote that the pause should be implemented 'to the extent permissible under applicable law.' 'More than 18,000 residents who rely on housing vouchers currently do not know how their rent will be paid next month, and workers across various federally funded programs risk losing their pay. The Dickens Administration calls on all White House decision makers to immediately restore this funding for Atlanta and the entire region—and the families from all stations of life who will suffer the consequences,' Dickens said. ABC News contributed to this article.
