Post by Oscar Knight on Jul 27, 2014 19:08:17 GMT -6
Clayton County's tribulations
clatl.com/atlanta/clayton-countys-tribulations/Content?oid=1274446
www.hud.gov/local/index.cfm?state=ga&topic=renting
www.haccga.com/links.htm
www.claytoncountycsa.org/
www.haccga.com/programs.htm
www.georgiahousingsearch.org/
www.ehow.com/how_4532243_apply-section-8-housing-georgia.html
www.housesforrent.ws/rental/GA-Georgia-Clayton.aspx
www.hud.gov/local/ga/news/pr2007-07-18.cfm
www.reedconstructiondata.com/projects/1000273500/
www.atlantahousing.org/housingchoice/index.cfm?Fuseaction=LocationContacts
www.recovery.gov/Pages/home.aspx
www.dca.ga.gov/housing/housingdevelopment/americanrecoveryra.asp
www.socialserve.com/tenant/GA/Search.html?city_id=31201&ch=GA&type=rental
clatl.com/atlanta/clayton-countys-tribulations/Content?oid=1274446
As gentrification swept through Atlanta and the city tore down its public housing, many of those displaced shifted to Clayton. Data from the Atlanta Regional Commission show that from 2000 to 2005, 94,698 people migrated there from the 20-county metro region. Nearly half of them moved from Fulton County. According to Bell, two-fifths of the new residents are single women and their children. And while new, poorer residents were moving in, many longtime Clayton residents began an exodus to neighboring counties such as Fayette, Spalding and Henry.
Despite that emigration, the building boom continued. According to an analysis by the Atlanta Neighborhood Development Partnership, housing permits from 2000 to 2005 outpaced growth in households by 12,058 units. To this day, the county has a glut of inexpensive housing.
Kem Kimbrough, an Emory law graduate who ran for sheriff in last week's Democratic primary, moved to Clayton County in 1999. "You could buy one heck of a house and not only were you going to get a bargain on the house and the size and the yard, but the taxes would be low," Kimbrough says. "The economy seemed to be booming, and Clayton County had it going on. There was a significant air that Clayton County was the place of opportunity."
Loans were easy to obtain, and many borrowers were encouraged to take what later became known as subprime mortgages.
"No matter what your income was, they'd get you a house," says Bobby Cartwright, a city councilman in Lovejoy. "You had a lot of people who were living in metro Atlanta who wanted a home of their own. Clayton County had all these $99,000, $150,000 homes, and it wasn't hard to get that credit."
The national housing market meltdown was particularly cruel to Clayton residents. In June 2007, the county had the highest foreclosure rate in the metro region. It also ranked second in the nation for homes purchased with subprime mortgages, an astonishing 38.9 percent. By this May, one in 10 homes faced the risk of foreclosure.
"All of this has combined to make the present picture in Clayton County rather bleak," Hatfield says. "So on one hand, this has been some time in developing. On the other hand, it's taken on a life of its own and is dramatic in its implications. I doubt if there are many counties that have seen this kind of dramatic transformation in such a brief time frame."
Despite that emigration, the building boom continued. According to an analysis by the Atlanta Neighborhood Development Partnership, housing permits from 2000 to 2005 outpaced growth in households by 12,058 units. To this day, the county has a glut of inexpensive housing.
Kem Kimbrough, an Emory law graduate who ran for sheriff in last week's Democratic primary, moved to Clayton County in 1999. "You could buy one heck of a house and not only were you going to get a bargain on the house and the size and the yard, but the taxes would be low," Kimbrough says. "The economy seemed to be booming, and Clayton County had it going on. There was a significant air that Clayton County was the place of opportunity."
Loans were easy to obtain, and many borrowers were encouraged to take what later became known as subprime mortgages.
"No matter what your income was, they'd get you a house," says Bobby Cartwright, a city councilman in Lovejoy. "You had a lot of people who were living in metro Atlanta who wanted a home of their own. Clayton County had all these $99,000, $150,000 homes, and it wasn't hard to get that credit."
The national housing market meltdown was particularly cruel to Clayton residents. In June 2007, the county had the highest foreclosure rate in the metro region. It also ranked second in the nation for homes purchased with subprime mortgages, an astonishing 38.9 percent. By this May, one in 10 homes faced the risk of foreclosure.
"All of this has combined to make the present picture in Clayton County rather bleak," Hatfield says. "So on one hand, this has been some time in developing. On the other hand, it's taken on a life of its own and is dramatic in its implications. I doubt if there are many counties that have seen this kind of dramatic transformation in such a brief time frame."
www.hud.gov/local/index.cfm?state=ga&topic=renting
www.haccga.com/links.htm
www.claytoncountycsa.org/
www.haccga.com/programs.htm
www.georgiahousingsearch.org/
www.ehow.com/how_4532243_apply-section-8-housing-georgia.html
www.housesforrent.ws/rental/GA-Georgia-Clayton.aspx
www.hud.gov/local/ga/news/pr2007-07-18.cfm
www.reedconstructiondata.com/projects/1000273500/
www.atlantahousing.org/housingchoice/index.cfm?Fuseaction=LocationContacts
www.recovery.gov/Pages/home.aspx
www.dca.ga.gov/housing/housingdevelopment/americanrecoveryra.asp
www.socialserve.com/tenant/GA/Search.html?city_id=31201&ch=GA&type=rental