Dublin Core
Title
Box 18, Folder 27, Document 25
Text Item Type Metadata
Text
Bes,
=
tis
.
HOTES ON RLLATED mATTLRS
k=
13 of these pro -osals
ai owe (February 20, 1967), 12 additional proposals have been made. otal is now 71. however,
rious sources as to
I
were expected to be approvec, are in serious difficulty due primarily to cbjections from va
The Foundation for Cooperative Housing, which developed Eastwych Village and is currently developing Cambridge Square (both in DeKalb County),
now has a full time representative in Atlanta and is sceking clients. They are sponsoring the 200 unit London Towne Kouses development in
Atlanta (Item F-5).
in a Corporation) owns 280 new units off parkhead at Libridge St., which he wants to sell, + a potential cevelcpment on the site
units.
for low cost housing are being coordinated with the Planning Dept., when initially submitted, for adequecy of Community Facilitig
cr proposed.
Rehabilitation by Housing Code Division of Building Department on Boulevard in Bedford-Pine U.R. Project (approximately 700 units involved) commenced
February 1. The U.R. project is still in survey and planning stage.
f& list is available in Housing Resources Committee office of 103 units on Boulevard which the owners nave stated they wish to sell.
During November, December and January, 1529 units were rehabilitated by the Housing Code Div; no regorts provided since (Item F-15). 120 units
in Hest. End U.R. Project have heen rehabilitated by the Housing Authority. (Item F-169'.
re .
Developers will nave to provide a sulstantial portion of the program on small scattered sites,
v P b prog
No proposal nas yet been made for construction of units (even 1 bedroom) to rent for as low as $50.00 per month. Tne City's greatest need is in
the $30.00 - $50.00 per month rental range. Charles A. Mueller Companies of Jonesbore is promoting the Sweat Equity Program (FRA insured mortgage)
whereby the purchaser earns the bulk of his down payment through eteanias 1G, painting and landscaping. Nationdl Homes Ccrp. of Lafayette, Inc. placed
on the market Feb. 1, 1967, a 800 S.F. (0.S. dimensions) S“bedroom, pre éfabricated, pisansaineee panel, single family house to retail (under FHA
221 d (2) ) for about $8,000.00 (exclusive of land), plus a 96 S.F. (1.S. dimensions) storage building memdice ares by Arrow Hetal Products Corp,
Price includes plumbing, electrical, heating unit, stove & refrigerator. House can be completely assembled in 85 man hours; wants authority to
erect in Atlanta. Establishment of special zoning districts for low cost prefabs appears to be the most plausable soluticn. Adrian Homes Corp. hes
ed a prefab to retail for about $7,500 plus land, foundation, closing and 2cssiblytapping fees.
(1) First Mortgage Advisary Corporation is interestec in providing package financing to developers, especially construction leans; claims that
there are no legal or standby fees or hidden charges and no deposit required. -
(2) John Hood 6 Co., Inc., One Wall St., New York, is interested in financing FHA project loans and also construction financing on FHA 221 d (3),
below market rate, construction leans.
Information is welcomed as to changes, additions or deletions in material contained in this report. (Call 522-4403, Ext. 430).
=
tis
.
HOTES ON RLLATED mATTLRS
k=
13 of these pro -osals
ai owe (February 20, 1967), 12 additional proposals have been made. otal is now 71. however,
rious sources as to
I
were expected to be approvec, are in serious difficulty due primarily to cbjections from va
The Foundation for Cooperative Housing, which developed Eastwych Village and is currently developing Cambridge Square (both in DeKalb County),
now has a full time representative in Atlanta and is sceking clients. They are sponsoring the 200 unit London Towne Kouses development in
Atlanta (Item F-5).
in a Corporation) owns 280 new units off parkhead at Libridge St., which he wants to sell, + a potential cevelcpment on the site
units.
for low cost housing are being coordinated with the Planning Dept., when initially submitted, for adequecy of Community Facilitig
cr proposed.
Rehabilitation by Housing Code Division of Building Department on Boulevard in Bedford-Pine U.R. Project (approximately 700 units involved) commenced
February 1. The U.R. project is still in survey and planning stage.
f& list is available in Housing Resources Committee office of 103 units on Boulevard which the owners nave stated they wish to sell.
During November, December and January, 1529 units were rehabilitated by the Housing Code Div; no regorts provided since (Item F-15). 120 units
in Hest. End U.R. Project have heen rehabilitated by the Housing Authority. (Item F-169'.
re .
Developers will nave to provide a sulstantial portion of the program on small scattered sites,
v P b prog
No proposal nas yet been made for construction of units (even 1 bedroom) to rent for as low as $50.00 per month. Tne City's greatest need is in
the $30.00 - $50.00 per month rental range. Charles A. Mueller Companies of Jonesbore is promoting the Sweat Equity Program (FRA insured mortgage)
whereby the purchaser earns the bulk of his down payment through eteanias 1G, painting and landscaping. Nationdl Homes Ccrp. of Lafayette, Inc. placed
on the market Feb. 1, 1967, a 800 S.F. (0.S. dimensions) S“bedroom, pre éfabricated, pisansaineee panel, single family house to retail (under FHA
221 d (2) ) for about $8,000.00 (exclusive of land), plus a 96 S.F. (1.S. dimensions) storage building memdice ares by Arrow Hetal Products Corp,
Price includes plumbing, electrical, heating unit, stove & refrigerator. House can be completely assembled in 85 man hours; wants authority to
erect in Atlanta. Establishment of special zoning districts for low cost prefabs appears to be the most plausable soluticn. Adrian Homes Corp. hes
ed a prefab to retail for about $7,500 plus land, foundation, closing and 2cssiblytapping fees.
(1) First Mortgage Advisary Corporation is interestec in providing package financing to developers, especially construction leans; claims that
there are no legal or standby fees or hidden charges and no deposit required. -
(2) John Hood 6 Co., Inc., One Wall St., New York, is interested in financing FHA project loans and also construction financing on FHA 221 d (3),
below market rate, construction leans.
Information is welcomed as to changes, additions or deletions in material contained in this report. (Call 522-4403, Ext. 430).
Comments