Latest news with #GeorgiaDepartmentofCommunityAffairs
Yahoo
14-05-2025
- Business
- Yahoo
GA awards nearly $14 million for Community Home Investment Program to build affordable housing
The Georgia Department of Community Affairs announced they'd awarded nearly $14 million to programs across the state to fund more affordable housing. According to DCA, the grants were given to 15 local communities around Georgia as part of the 2025 Community HOME Investment Program, or CHIP. Funding comes from the U.S. Department of Housing and Urban Development and is allocated by the HOME Investment Program. For 2025, seven communities will each receive $1.5 million to build single-family homes for very low to low income homebuyers. Another eight communities will get $500,000 to rehabilitate owner-occupied homes. In addition to the $13.8 million awarded by DCA, the communities getting the grants will match an additional $14 million to 'increase homeownership across the state and to provide needed assistance to current homeowners.' Communities in the metro Atlanta area are getting nearly $6.5 million from the funding awarded. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] TRENDING STORIES: MANHUNT: Teenager accused of shooting, killing his stepfather in Newton County One of Canada's 'most wanted' fugitives arrested in Brookhaven Waymo recalls 1,200 self-driving vehicles for potential collisions with roadway barriers Here's a list of where DCA said communities in the metro Atlanta area are getting some of the funding: Local Governments CHIP Award Activity City of Oxford $500,000 Owner-Occupied Rehabilitation Nonprofits CHIP Award Activity Atlanta Land Trust $1,500,000 New Construction Gwinnett Walton County Habitat for Humanity $1,474,200 New Construction Habitat For Humanity of Hall County $1,500,000 New Construction Habitat for Humanity for Putnam County $1,050,000 New Construction [SIGN UP: WSB-TV Daily Headlines Newsletter]
Yahoo
05-05-2025
- Business
- Yahoo
‘Biophilic' Serenbe community in Chattahoochee Hills proposes $1.7 billion expansion
A 1,200 acre community in Chattahoochee Hills is pushing for expansion. Serenbe, a self-described biophilic community which began construction in 2004, is working to expand its size with a $1.7 billion proposal. As far as what biophilic means, regarding architecture, it refers to communities planned around connecting with other people and nature, as well as proximity to greenspaces. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] The community itself says its biophilic approach includes 'four keys to saving the planet: personal wellbeing, community engagement, national security, and global balance.' According to development documents filed with the Georgia Department of Community Affairs, Serenbe's developers want to add 1,700 new residences, new commercial properties and more. TRENDING STORIES: Student loan collections restart today. What Clark Howard says borrowers need to know As she turns 100, mother of siblings murdered decades ago says she will forgive, but not forget Suspect accused of hitting man with SUV at The Bird in Dunwoody turns himself in The development, if approved, would begin construction in 2029 and finish in 2035. As proposed, Serenbe would be adding 235,000 square feet of commercial space, 180 hotel rooms, a 450 student school and 74,700 square feet of civic space. The Serenbe community says that since it first began building and selling homes in its area, they've grown to be the home of 1,000 residents. For the new development, Serenbe said in documents that it would be creating a new mixed-use project, with housing, restaurants, retail, institutional and service uses on a 1,532 acre property, which the application says is 'mostly forested.' The exact location Serenbe would be developing is at Hutcheson Ferry Road and Atlanta Newnan Road within the City of Chattahoochee Hills. The application for development says the estimated annual local tax revenue expected from the project is $21.65 million per year. [SIGN UP: WSB-TV Daily Headlines Newsletter]
Yahoo
17-04-2025
- Business
- Yahoo
This high-tech developer proposes 8-million-square-foot data center in Columbia County
A proposed data center project valued at more than $11 billion could come to Columbia County, bringing even more high-tech investment and tax dollars to the Augusta area. A filing by the county with the Georgia Department of Community Affairs offers details about White Oak Technology Park, a proposed tech campus that would border White Oak Business Park, on Appling-Harlem Highway north of Harlem. Trammell Crow Co., a subsidiary of commercial real estate giant CBRE, has submitted plans to be the tech park's first tenant. It proposed nearly 8.1 million square feet of buildings, of which 8.004 million would comprise the data center, according to the filing. Cheney Eldridge, executive director of the Economic Development Authority of Columbia County, confirmed Trammell Crow's plan Wednesday but declined to comment further on the evolving proposal. The county placed the project's "estimated value at build-out" at $11.6 billion, and is expected to collect more than $118 million annually in estimated local tax revenue, the filing stated. To put the tax amount into perspective, Columbia County's general fund budget in fiscal year 2024-25 is $100,644,268. Retirement: Club Car CEO stepping down. Here's what could happen next for Augusta area The project's initial phase could last more than two years, with the overall project being completed in about 10 years, the filing showed. Columbia County recently submitted a "Development of Regional Impact," or DRI, statement to the Georgia DCA. Georgia classifies DRIs as "large-scale developments that are likely to have regional effects beyond the local government jurisdiction in which they are located," according to the DCA. Local governments eyeing large development opportunities are obligated to submit DRI information for state review under the Georgia Planning Act of 1989. The county described its envisioned tech park in the filing: "White Oak Technology Park is proposed to attract and accommodate world-class technology businesses and data center development. Proposed uses include data centers; research and development facilities; cybersecurity providers; digital infrastructure and advanced technology companies; and other uses associated with data centers and technology facilities." This article originally appeared on Augusta Chronicle: Tech-park data center valued at $11 billion could come to Augusta area Sign in to access your portfolio
