Photo courtesy of the Los Angeles Times
“HUD and HHS Announce nearly $98 million in Section 811 Project Rental Assistance to 13 States, including Massachusetts,” reports Real Estate Rama.
Bloomberg Businessweek prints, “Housing as an Investment? Yes, That Idea Is Back.”
“California housing recovery may gain momentum, experts say,” writes the Los Angeles Times.
The Argus Leader writes, “New tax credit aids first-time homebuyers in South Dakota.”
“Ground broken on O’Donnell Heights redevelopment, 76 units planned,” reports the Baltimore Guide.
Many of these residents were residents of the original Rosedale Community that was destroyed by the storms of April 2011. They could tell you stories of that terrifying day, when lives hung in the balance and nothing short of a miracle kept so many residents from harm. Anyone looking at the rubble in the days after the storms knew what a miracle it was that so few lives were lost. But those days were also the beginning of a long, long road to recovery. Former residents will tell you how they drove or walked by the construction site almost daily to see the progress, to dream of the day when they could return to the community that some had called home for decades. 
Atlanta chose to invest in the Edgewood community by developing the Retreat at Edgewood. The Retreat at Edgewood sits on the former site of Edgewood Housing Apartments that was vacant for two years before it was demolished in 2008. The Edgewood neighborhood is predominantly a residential community that is close in proximity to the downtown area, conveniently located near Interstate 20 and accessible to MARTA transportation lines. As the community gentrifies, property values are rising, making quality affordable housing rare.
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