If you have an affordable
place to live right now,
count your blessings.
Stripping your residences? Yes.
I wanted to talk to someone about
my name being on the waiting list.
Sure, come right in.
For a year now, Gloria Daniel has tried
to find an apartment that fits her
budget, about $900 a month. While
the average rent for a one
bedroom in Metro Atlanta is 1400,
some complexes get tax breaks in
exchange for lower rent rates.
For example, tenants at stride
can pay between 750 and $1500.
It's the same apartment,
just a different price based on income.
How long are you being told?
Are these wait lists
one to five years?
Gloria is not sleeping on the
streets, but she is homeless,
forced to keep her stuff in storage
while sleeping at a friend's house.
I'm paying almost $400.00 like 399.
These two are both my storage.
The government defines affordable
housing as renter mortgage that
costs less than 30% of your income.
That means to rent that average one bedroom,
you'd have to make $71,000 a year.
Now, minimum wage?
That's 190 hours a week,
which is of course impossible because
there aren't that many hours in a week.
You may have fortune.
500 relocations coming here.
We may have all these new
folks moving to the city,
but it does us no good if the
individuals that have lived here
a long time still find themselves
sleeping on the streets of Atlanta
or in the woods, or unhoused.
For years, mayors of Atlanta have declared
affordable housing a top priority. Though
there literally is no excuse for us
not to build the housing we need,
we will continue to dedicate ourselves
to creating an environment where
our residents can afford to. Live
the Federal Reserve Bank of Atlanta
warned that the metro area needed
416,000 more places for people
with lower incomes to live in 2019.
Since then, the city of Atlanta
has tracked its efforts,
but so far that's 7000 units,
hardly enough for struggling
families to notice. This
is capital view.
This is an amazing project.
This project has about 120
affordable housing units.
We met with Doctor Eloisa Clementis,
the CEO of. Invest Atlanta to get a
look at one affordable housing project
protected by the City of Atlanta.
So no one's going to earn more than
$40,000 who live in these units.
That's great, but it's only temporary.
The tax breaks and low interest
loans that make these deals
possible are for a set period
of time for capital view.
That's about 15 years.
After that, the owner
can charge anything it wants, and that
means the work to find new
affordable units. Never ends.
We live in the United States.
It's a capitalist economy.
Even at the reduced rate,
it is still too much for someone
coming out of an encampment or homeless
shelter to afford background checks,
rental history and credit
scores or other barriers.
Capital View will take tenants on housing
assistance programs like Section 8,
but only if there's space.
I imagine there has to
be quite a bit of demand
then for something like this.
There is a lot of demand for
these affordable housing. In its
capital view says it's only had five
units available for new tenants this year.
The best way to find out is call
the property owner owners for these
properties and find out if if they have
any availability and if they don't,
get on the waiting list.
If that's the best way,
Gloria says we need to do better.
Frustrated. Disappointed. It's um.
I'm sorry she can't count the hours
spent on the phone sending emails and
visiting apartments in person for nothing.
And really hard. It's taking a toll.
And balancing the mentally all of it.