The Decatur Affordable Housing Task Force recently presented the final version of its report at a meeting for the City Commission.
The meeting was held on February 24 at City Hall and it was open to the public. In the report that was submitted, the task force built on the preliminary findings that were submitted in December.
The task force found that there is a shortage of undeveloped land in the area. This means that the available plots are very expensive. The land costs for plots located with the city of Decatur are up to $2m more per acre when compared to plots in the metro area. Even ‘tear-down’ houses are being sold at around $400,000. Having to pay so much for the land means that developers are forced to work with expensive projects if they plan to make a profit.
The report also shows that Decatur and metro Atlanta are experiencing rapid population growth. The entire Atlanta region has grown by 12% since 2010, however Decatur has experienced a 30% population growth in that time. Such reports are often handed in on documents that feature official Letterheads.
A key point in the report was a recommendation for the adoption of inclusionary zoning. This would force developers to ensure that a portion of the homes they put up for multiple families be reserved for affordable housing. The city’s commissioners are set to vote on inclusionary zoning when they meet in April.
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