Jesse Biter

Downtown housing project continues

16 Nov, 2014

In a move that signals that Biter either has a buyer or a new partner, attorneys representing the Atlanta-based Carter Acquisitions, LLC, will ask the City Commission on Nov 17 to let the project proceed under a new site plan and without paying into the city’s affordable housing trust fund. Carter Acquisitions has a new site plan for the project that includes a greater number of smaller, affordable apartments, with at least the 168 units being under 1,250 square feet. Since the group is building more affordable housing, according their letter to the city earlier this month, they should not have to pay into the city’s Affordable Housing Trust Fund.

What's this? This is an unbiased just-the-facts news summary extracted from the original article by Newslines' contributors. To see the newsline of each topic, click the links below. Learn more

Jesse Biter

Add your comments below...