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Which comes first, the buildings or the land?
That is one question the Atlanta City Council is mulling as it decides how to allocate the $1 million for the Housing Opportunity Bond Fund that Mayor Keisha Lance Bottoms called for in a Feb. 17 executive order, reports the Atlanta Journal Constitution.
The mayor’s overall plan to provide affordable housing throughout the city has a $1 billion price tag.
As part of the effort, the paper said, council members are mulling a variety of programs that provide a variety of housing, from facilitating ownership of single- and multi-family homes by, for example, providing financing or help with down payments, to rehabbing existing stock to constructing new apartment buildings.
It is the last that is giving some council members pause. Matt Westmoreland, an at-large-council member, was quoted by the AJC as telling council members the city should make sure it was acquiring enough land that it could control in order to meet the future housing needs of residents.
The next discussion of the issue will be at the March 10 meeting of the Community Development and Human Services Committee.