Makeisha Robey News Today

Makeisha Robey wanted to provide a stable home for her children, so she bought a three-bedroom house.

A nonprofit land trust buys the dirt and buyers pay notably less for a home. They also agree to keep the selling price low and maintain the area’s affordability standards.

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Makeisha Robey grew up in a three-bedroom house and always wanted to provide the same for her children

Makeisha Robey grew up in a three-bedroom house and always wanted to provide the same for her children

Buying a house these days is just too expensive for a lot of people. But since 2009, the Atlanta Land Trust has been working with the mayor’s office to create permanently affordable housing.

The nonprofits offer homes at low rates, but in exchange buyers have to give up some of the equity they would typically build up with a standard mortgage. That allows the trusts to offer homes to more people.

Michael Friedrich: Atlanta’s land trust shows how to create affordable housing Nonprofits that buy land, build homes and sell below market rate are giving low-income homebuyers a chance (Monica Garwood | The New York Times) By Michael Friedrich | Special to The New York Times   | April 19, 2021, 3:43 p.m. | Updated: 4:08 p.m. If anyone knows how gentrification has displaced Black working-class residents in Atlanta, it’s Makeisha Robey, a preschool teacher. During her two decades living i...

Affordable Housing Forever Nonprofits that purchase land, build homes on it and sell them below market rate are giving low-income buyers a chance. By Michael Friedrich April 15, 2021, 5:00 a.m. ET Credit...Monica Garwood If anyone knows how gentrification has displaced Black working-class residents in Atlanta, it’s Makeisha Robey, a preschool teacher. During her two decades living in the city, she has watched affordable apartment complexes vanish as new developments arise and wealthier, white...