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- - - - - ------ - HOUSING RESOURCES COMMITTEE August 31, 1967 / NOTES A. Comparison of this report with previous one dated June 28, 1967: This report 6,340 Probable 1,u19 In Sight 7,81§ Being Considered 6,653 Doubtful 2,999 Total possible 17,471 Firm June 28fi4'67 5,2 2,965 8,209 8,003 2,830 19,042 Lost, this report 11 previous 11 Total lost · 2,692 3,152 S,844 B. Proposed locations for low cost housing are being coordinated with the Planning Dept., for adequacy of Cormnunity Facilities, existing or proposed. Proposals are also reviewed periodically with the School Dept. for adequacy of school facilities. c-. The Foundation for Cooperative Housing, which developed Eastwych Village and Cambridge Square (both in DeKalb County), now has full time representative in Atlanta and is seeking clients. They a re sponsoring the 200 unit London Towne Houses development in Atlanta (Item F-5). D. In view of difficulties encountered in zoning and getting other approvals on sites proposed for large multi-family developments, it is apparent that t he l ow- income housing program will have to lean heavily on Developers and Builders .providing a substantial portion of the program on small scattered ·sites. Thus far, 486 single family houses (Item F-12) and 1,665 units in duplexes and relatively small apar~ment developments, under conventional financing , are in this category. E. No proposal has yet been made for construction of units (even efficiency or 1 bedroom) to rent or sell for as low as $50o00 per month . greatest need is in the $30.00 - $50.00 per mont~rental purchase range. F. Attorney Blackwell in Decatur has proposed a concrete 3 bedroom, 1 bath, 1,000 sq. ft . house which he clains can sell for $6,000, plus land costs , incl. heating and air condi tioning equipment . G. National Home s Corp . of Laf ayet te, Inc . placed on the market Feb. 1, 1967, a 800 - 900 S.F. (o.s. dimensions) 3 bedroom, prefabr icated, preas sa~bl ed panel, single famil y house plus a 96 S. F. (I.S. dimensions) storage buildin·g manufactured by Arrow Metal Products Corp, to sell under FHA 221 (d) (2). Price includes pl umbing , electrical, h eating -unit , stove & refrigerator. House can be completely as s~~bled i n 85 man hours; 53 of these (wi th · conventional pl umbing ) are bei ng erected (pre - sold) in the Thomasville Urban Renewal Ar ea. Approx. 800 s q. ft . house is priced at $12 , 200, 900 s qo ft. house is priced at $12 , 600 . Adrian Homes Copp. has propos ed a prefab to retail for about $7,500 plus land, foundati on, clos ing and possibly tapping fees (See Item C-10 for others ) .•. G. Saul Gray is a partner in a Corporation which owns 280 new units off Bankhead at Elbridge St ., which he want s to sell , + a potential devel opment on the site f or 512 additi onal unit s. Area is already zoned A-1. I. Rehabilitation by Housine Code Division of Bui l ding Depart ment on Boulevard in Bedfor d- Pine U. R. Proj e ct (appr oximatel y 700 unit s involved) com.~enced February 1. The U. R. project i s s till in sur vey and plannine stage. A list i s avail able in Housing Re s ources Cor.unittee office of 103 units on Boulevard which the owners stated t hey wi sh to s el l, rather t han r ehabilitate. Thi s list has been made avail able to the H.A. and to a National concern interested in devel oping a Rehabili tati on Demons t r ation proj e ct in that area. J. Ralph L. Dickey of Atlanta has proposed a non-profi t revol ving fun d enterpr ise to a cquire subs tandard housi ng,. renovate it and re s ell, primarily through private enterprise. K. Information is welcomed as to changes, additi ons or deletions in mater i al cont a i ned in t his report. ( Call 522-4463, Ext . 430 ). The City's �