.Nzg4OQ.Nzg4OQ

-· .. .... - ---- - ---- - -- HOUSING RESOURCES COMMITTEE August 31, 1967 ./ NOTES A. Comparison of this report with previous one dated June 28·, 1967: Firm Probable In Sight Being Considered Doubtful Total possible This report 6,340 1,1.i79 7,819 6,653 2,999 17,471 June 28&4 1 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 5.,844 B. Proposed locations for low cost housing are being coordinated with the Planning Dept • ., for adequacy of Community Facilities., existing or proposed. · Proposals are aiso 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 are 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 the low-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 monta:.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 conditioning equipment. G. National Homes Corp. of Lafayette, Inc. placed on the market Feb. 1, 1967, a 800 - 900 S.F. (o.s. dimensions) 3 bedroom, prefabricated, preassembled · .. panel, single family house plus a 96 S.F. (I.S. dimensions) storage buildin·g manufactured by Arrow Hetal Products Corp, to sell under FHA 221 (d) ( 2 ) . Price i ncludes plumbing, electrical, heating -unit, stove & refrigerator. House can be completely ass~~bled in 85 man hours; 53 of these (with convent i onal plumbing) are being erected (pre-sold) in the Thomasville Urban Renewal Area. Approx. 800 sq. ft. house is priced at $12,200, 900 sqo ft. house i s priced at $12,600. Adrian Homes Co~p. has proposed a prefab to retail for about $7,500 plus land, foundation, closing and possibly t apping f ees (See I t em C-10 f or others) • . G. Saul Gray is a partner in a Corporation which owns 280 new units off Bankhead at Elbridge St., which he wants to sell, + a potential development on the site f or 512 additional units. Area is already zoned A-1. I. Rehabilitation by Housine Code Division of Building Department on Boulevard in Bedford- Pine U. R. Project (approximat ely 700 units involved) commenced February 1. The U. R. pr oject i s sti ll in survey and planning stage. A list is available in Housing Resour ces Cor:unittee off ice of 103 uni t s Boulevard which t he owners s tated they wish to sell, rather than r ehabilitate. This list has been made avail able to the H. A. and to a National concern interested in developing a Rehabilitati on Demonstration project in that area. J. Ralph L. Dickey of At lant a has propos ed a non- profit r evolving fund enterprise to acquir e substandard housing,. renovat e it and resel l , primarily through private enterpris e . K. Information is welcomed as to change s , additions or deletions in material contained in this r epor t . The City ' s on (Call 522 - 4463, Ext . 430) . �