Box 15, Folder 2, Document 33

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Box 15, Folder 2, Document 33

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EOWIN L. STERNE
CHAIRMAN

GEORGE S. CRAFT
VICE CHAIRMAN

J. B., BLAYTON

FRANK G. ETHERIDGE



JACK F. GLENN

824 HURT BUILDING
ATLANTA, GEORGIA 30303
JACKSON 3-6074

January 27, 1969

Project: Neighborhood Development

Description:

M, 8. SATTERFIELD
EXECUTIVE DIRECTOR AND SECRETARY

LESTER H. PERSELLS
ASSOCIATE EXECUTIVE DIRECTOR

CARLTON GARRETT
DIRECTOR OF FINANCE

GILBERT H. BOGGS
DIRECTOR OF HOUSING

HOWARD GPENSHAW
DIRECTOR OF REDEVELOPMENT

GEORGE R. SANDER
TECHNICAL DIRECTOR

Program

The acquisition of 378 Parcels of Land; Clearance of

52 Acres; The rehabilitation of 570 housing units; Also
relocation of ):31 families and 10 businesses with the

goal of having 911 MNA families turning in adequately
serviced standard, affordable housing units by the end

of 1969 as a result of New construction and rehabilitation

activities.

Total Cost:

$ 12,626,969

This includes: $ 349,467 Federal Relocation Grant
31,250 Federal Rehabilitation Grant
1,627,528 Disposition Proceeds
6,812,183 Federal Project Capital Grant
3,06, 2:1 Local NCGIA Credits

1. All of these funds are committed.
by the following Non-Cash-Grants in-aid:

Completed Non-Cash-Grants-in-Aid:

The local share is $ 3,06,2l1, funded

Hoke Smith High School $ 191,851
Gideons Elementary School 680, 827
Pryor Elementary School 1,007,620
D. H. Stanton Elem. School 1, 368,180
Capitol Avenue Elem. School 27,000
Grant Park 86,686
Key Park 57,565
tanton Park 150,873

Required Non-Cash-Grants-in-Aid:

Surplus Non-Cash-Grants-in-Aid:

$ 3,580,602

$ 3,406, 2h.
$ 17h, 361
Page No. 2
January 27, 1969
Neighborhood Development Program

2

The approved budget includes funds to hire staff and buy equipment
sufficient to meet tnese goals this year if the staff can be re-

_cruited.

The application for Federal grants to carry out these activities

in the Model Cities area under the Neighnbornood Development Program
for 1969 has been submitted and approved by the Federal grant in
the amount of $ 6,999,200.

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