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Over 200 affordable housing units coming to southwest Atlanta
Over 200 affordable housing units coming to southwest Atlanta

Axios

time3 days ago

  • Business
  • Axios

Over 200 affordable housing units coming to southwest Atlanta

Another affordable housing project is getting underway on the southwest side of Atlanta. Why it matters: Skyrocketing housing costs and gentrification are making it hard for long-time Atlanta residents to remain in their communities. The latest: Sylvan Hills II will include 233 affordable housing apartments and townhomes built on the site of the former Sylvan Circle Apartments. This project will sit near a 184-unit affordable housing development for older residents that opened two years ago. What they're saying: Alan Ferguson, chief housing and real estate officer for Atlanta Housing, said at a groundbreaking event Tuesday the type of units offered in the new development will range from "efficiencies" to three-bedroom layouts. "What you see here is today is a result of the shared values, the common vision and innovation and belief, and what's possible when you work together," Ferguson said, adding the project is funded through a public-private partnership. Zoom in: Rents will range from $1,149 to $2,100, according to Atlanta Housing. 24 units will be reserved for two-income households making around $45,700 or 50% of the Atlanta region's area median income; 93 units will be for tenants who make 60% of the AMI ($54,840); and 116 units will be for those who bring in 80% of the AMI ($73,120). Where is Sylvan Hills: The neighborhood, which is majority-Black, is bordered by Langford Parkway to the south, Lee Street to the west, the Downtown Connector to the east and Deckner Avenue to the north. The big picture: Mayor Andre Dickens, who set a goal to preserve or add 20,000 affordable housing units by 2030, said the project shows Atlanta is taking "another step forward to this lasting legacy of progress in our great city." So far, Atlanta has completed 6,800 of those units and another 5,000 are already under construction or funded. He also said Atlanta has implemented initiatives, such as a density bonus program and rapid housing projects, to increase the affordable housing supply in the city. Context: Council Member Antonio Lewis, who represents the area, said the project will provide social mobility to people facing economic hardships on the south side of the city. "There simply aren't enough words to express my gratitude for these public-private partnerships which are making these possible," he said. "At the heart of these partnerships is this shared truth that everyone deserves a decent place to live and a place to grow."

'£380k worth of drugs' seized in police raids in Glasgow
'£380k worth of drugs' seized in police raids in Glasgow

Glasgow Times

time04-07-2025

  • Glasgow Times

'£380k worth of drugs' seized in police raids in Glasgow

Detectives executed warrants at four addresses in the city on Thursday, July 3. A quantity of cocaine with an estimated street value of £201,180, heroin worth £175,000, cannabis estimated to be worth £5340, and suspected Etizolam tablets valued at £6000 were allegedly recovered. Police confirmed a 36-year-old man and a 29-year-old woman have been arrested and charged in connection. They are expected to appear at Glasgow Sheriff Court on Friday, July 4. Officers say enquiries remain ongoing. READ NEXT: Man charged in connection with death of man in Paisley Detective Inspector Alan Ferguson said: 'Drugs cause misery in our communities and we are determined to disrupt the supply of illegal substances and trace those involved. 'This recovery across a number of addresses in Glasgow means a significant quantity of drugs will not end up on our streets and underlines our commitment to the Serious Organised Crime Taskforce and the country's Serious Organised Crime Strategy.' Anyone with any information or concerns about drugs in their community is urged to contact Police Scotland via 101. Alternatively, information can be passed on anonymously by contacting Crimestoppers on 0800 555 111.

Results of the Company's Annual General Meeting 2025
Results of the Company's Annual General Meeting 2025

Business Wire

time28-05-2025

  • Business
  • Business Wire

Results of the Company's Annual General Meeting 2025

LONDON & DENVER & JOHANNESBURG--(BUSINESS WIRE)--Following the Annual General Meeting (' AGM ') held at 9:00am (Mountain Daylight Time) on Tuesday 27 May 2025, AngloGold Ashanti plc (the " Company" or " AngloGold Ashanti") announces the results of the poll vote for each resolution set out in the notice of AGM published on 7 April 2025 (the ' Notice of AGM '). The full text of the resolutions proposed at the AGM is included in the Notice of AGM. All of the resolutions were passed as ordinary resolutions. A copy of the poll results for the AGM, along with the Notice of AGM, is available on the AngloGold Ashanti website at 1. Votes 'for' include those votes giving the Chair discretion. 2. For all relevant purposes votes which are 'withheld' or 'abstained' are not votes in law and are not counted in the calculation of the proportion of votes for and against each resolution. Expand On 4 April 2025, the record date as set out in the Notice of AGM, there were 504,087,287 ordinary shares in issue. Shareholders are entitled to one vote per share on a poll. Corporate update Further to the announcement made on 20 December 2024, the Company confirms that Rhidwaan Gasant has stepped down from the Board on 27 May 2025. Other than fees accrued up to the date he ceased to be a director, no other remuneration payment will be made by the Company to Rhidwaan Gasant after he ceases to be a non-executive director, nor will any payment for loss of office be made. The previously announced appointment of Alan Ferguson as Lead Independent Director and Diana Sands as Chair of the Audit and Risk Committee also took effect on 27 May 2025. JSE Sponsor: The Standard Bank of South Africa Limited

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