Since the closing of Atlanta’s 1996 Olympics the southern belle of a city has been steadily growing more and more each year with new residents.
Evolving rapidly, for decades the city of Atlanta held the biggest population of Black Americans, and additional, the neighboring metro community of DeKalb County was once recognized as the most affluent county in the nation of Black Americans.
But as the city partnered with Cousin Properties during the late 90s and early 2000s, and developed and implemented an initiative to “mix incomes” in the east side community of East Lake. Known throughout the city as, “Little Vietnam,” East Lake was known for poverty and violence. Cousins Properties remolded the housing project of East Lake Meadows and turned it into an appeal mixed-income residence. Soon after single-family homes in the East Lake became a well sought after location. Homes that would have originally sold for $20k-$50k ballooned to $200k-$300k, and long-time renters were pushed out of their homes by new landlords and/or younger generations sold their inherited properties for quick money with recognizing the long-term value of them.
The success of the redevelopment of the East Lake community greatly influenced the demolishing of not only other Atlanta housing projects, but housing projects throughout the entire country.
Today the East Lake community is now often looked at by the real estate industry as one of the country’s best communities to reside in, but it is also looked at locally as one of the many communities that Black Americans has lost due to gentrification. More and more Blacks are being pushed out of the communities that they called home for generations because they can no longer afford to reside there. The effort to improve one’s community is greatly appreciated, but the lack of effort to help those maintain their residency is not.
Atlanta’s very own, T.I., born and raised as, Clifford Joseph Harris Jr, wants to change that by partnering with Dynasty Real Estate Development and APD-Urban Planning and Management by purchasing commercial and residential properties and flipping them to make available affordable housing and/or allow businesses to maintain their location in the community.
T.I. is reportedly working with