Box 5, Folder 3, Document 33

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May 30, 1969

Mr, Robert C. Watkins, Executive Director
Greater Atlanta Housing Development Corporation
First National Bank Building

Suite 2742

Atlanta, Georgia 30303

Dear Bob:

I have recently bee®approached by a substantial developer,
interested in obtaining land in the Model Cities area for
construction of sales Town Houses, and who wants to get start-
ed as soon as possible (preferably this year). He wants to
know if the Greater Atlanta Housing Development Corporation,

a quasi official organization, could procure land in Model
Cities direct from the Housing Authority by negotiation, in
lieu of compeditive bidding, and then resell the land to
such developer for construction of low-income housing either
for profit or nonprofit.

The reason for desiring this is three fold: i.e.,
(1) to save time and avoid complicated red tape; (2) to be
assured of getting the particular tract(s) desired; and
(3) to get them at a reasonable price which will justify
construction of low-income housing.

The Developer is willing to purchase direct from current
owners, but does not feel this is feasible, due to multiple
ownerships and no power of eminent domain.

I feel quite sure that the developer would be willing
to employ indigenous labor from the area, as much as possible,
in actual construction of the housing.

There is some precedence’for purchase of Urban Renewal
land in Georgia by quasi official organizations through
negotiation; for example, the colleges and universities and
certain religious organizations.

Mr. Robert C. Watkins
May 30, 1969
Page Two

I believe that this is essentially what was done in
Chicago by the Chicago Dwelling pameeoennn® working through
the Housing Authority there.

As you know, one of the anticipated and much needed
functions of the Greater Atlanta Housing Development Corporation |
was to buy and bank land for resale to developers as needed
at no profit,

Suggest you explore this possibility with the local
Housing Authority and advise me of what you find out.


Malicolm D. Jones
Housing Coordinator


ec; Mr. Cecil A. Alexander
Mr. Dan E. Sweat, Sr”

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