A federal grant will give Fulton County funds to deal with foreclosed and abandoned properties next year but north Fulton may see little of the money.
According to Melvin Richardson, deputy director of community development and housing for Fulton County, Alpharetta, Roswell and Milton are part of the second-lowest priority district. Johns Creek is a separate entity and would not be eligible for any funds. The highest priority area is South Fulton, where there are the most foreclosures.
The $10.3 million from the U.S. Dept. of Housing and Urban Development would be available in February, said Richardson. Four public meetings have been held for public comment regarding the issue.
“There will be five primary strategies for dealing with foreclosures and abandonments including rehab, demolition and buying homes,” said Richardson. “Roswell administrators are identifying areas in the city with small concentrations of foreclosures and we will add those to the databank.”
The Neighborhood Stabilization Program Substantial Amendment will have to go to the County Board of Commissioners and get a majority approval before being submitted to HUD on or before Dec. 1, said Richardson.
The cities of Milton and Alpharetta have chosen not to take part in the process, he said. James Drinkard, Alpharetta assistant city administrator, said city staff have only seen a few individual foreclosed homes and not entire neighborhoods that need rehabilitation.
Labels: Alpharetta, Forclosures, foreclosure, hud, Johns Creek, milton, neighborhood stabilization program, North Fulton, Roswell
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Brian Vanderhoff @ 2:12 PM
