Connect with us

Atlanta, GA

United Bank and Federal Home Loan Bank of Atlanta Award $4.7 Million to Support Affordable Housing in Washington, D.C. and Virginia

Published

on

United Bank and Federal Home Loan Bank of Atlanta Award .7 Million to Support Affordable Housing in Washington, D.C. and Virginia


Federal Home Loan Bank of Atlanta

WASHINGTON, April 14, 2025 (GLOBE NEWSWIRE) — United Bank (NASDAQ: UBSI) and the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today an investment of $4.7 million in grant funding, designated for five separate projects that will create 363 new affordable housing units in Washington, D.C. and Virginia.

The funding is sourced from FHLBank Atlanta’s Affordable Housing Program (AHP) General Fund and administered through United Bank.

These funds will go toward the following projects in Washington, D.C.:

  • Hope View Apartments received $1 million to use for the development of 42 housing units for seniors with incomes 80% or below the area median income (AMI), 16 of which are reserved for homeless households. This development will include approximately 8,000 square feet for community services for residents and the surrounding community. Anacostia Economic Development Corporation is the sponsor and developer, and T&H Investment Properties LLC also sponsored the project, which is expected to be completed in early 2026.

  • 2229 M Street NE Apartments received $1 million for the development of 92 rental units for families, 89% of which are for households with incomes at or below 50% of AMI. The project is sponsored by Housing Up and THC Affordable Housing and is expected to be completed by the end of 2026.

  • Wagner Senior Residences received $742,805 for the development of an apartment complex that will provide 67 affordable housing units, 90% of which will be for seniors with incomes below 50% of AMI. The Residences are sponsored by Justice Housing Inc. in partnership with Miller Housing LLC and is expected to be completed by the end of 2026.

  • 2911 Rhode Island Avenue NE Apartments received $1 million toward the development of a new affordable rental project, which will provide 100 units for households between 30% and 80% of AMI. The project is sponsored by Lincoln-Westmoreland Housing, Inc. and is expected to be completed in spring of 2028.

In Harrisonburg, Va.:

Advertisement
  • Bluestone Town Center Residences received $1 million for the development of 62 affordable housing units for seniors with incomes between 30% and 60% of AMI. These senior housing units will be part of the full Bluestone Town Center development, a 90-acre master planned, multi-phased community that will create 900 units of mixed-income housing and service-oriented commercial space less than five minutes from downtown Harrisonburg. Harrisonburg Redevelopment & Housing Authority is the project sponsor and developer. The project is expected to be completed by early 2026.

Each property will provide residents with high-speed internet and offer education and training services on topics including computer skills, life skills, money management, GED preparation, literacy, and nutrition.

“United Bank has a longstanding history of supporting community development initiatives that provide affordable housing, support low- or moderate-income senior citizens and families, and revitalize communities in meaningful ways,” said Christina Cudney, Corporate Social Responsibility Officer, United Bank. “These funds from FHLBank Atlanta help us continue to move the needle on pressing challenges faced by our communities to fulfill this ongoing commitment. With the rise in construction costs, several projects in our area had a need for gap funding, and FHLBank Atlanta’s grant program is enabling these initiatives to cross the finish line sooner than otherwise possible.”

FHLBank Atlanta’s General Fund provides grants annually to assist in the acquisition, construction, rehabilitation, or preservation of affordable housing projects. In December 2024, FHLBank Atlanta announced 66 grant recipient winners of its 2024 program, which allocated a total of $55 million to support the development and repair of more than 4,200 affordable housing units.

“It is inspiring to see United Bank’s dedication to affordable housing and economic vitality,” said FHLBank Atlanta President and CEO Kirk Malmberg. “Understanding the growing need for more affordable housing, our members like United Bank are working hand in hand with their local developers and nonprofits to make a lasting impact, and we are honored to see funds from FHLBank Atlanta support such transformational projects.”

About United Bank
United Bank is a premier community bank headquartered in Greater Washington, D.C. A subsidiary of United Bankshares, Inc. (NASDAQ: UBSI), United has consolidated assets of more than $32 billion with over 240 offices located throughout Virginia, Maryland, West Virginia, North Carolina, South Carolina, Ohio, Pennsylvania, and Georgia, as well as Washington, D.C., where it is the community bank of the nation’s capital. The Bank is committed to growing the relationships it has built since 1839 and offering a competitive suite of banking and lending products, treasury management, wealth management, mortgage services, personal and business credit cards, and more. United is also committed to providing excellence in service to the communities throughout its footprint, strategically aligning resources to move the needle on pressing challenges in vital impact areas, including financial literacy, children and education, affordable housing, health, and economic vitality. For more information, visit BankWithUnited.com.

Advertisement

About Federal Home Loan Bank of Atlanta
FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank’s members—its shareholders and customers—are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district Banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $9.1 billion in Affordable Housing Program funds, assisting more than 1.2 million households.

For more information, visit our website at www.fhlbatl.com.

MEDIA CONTACTS:
Federal Home Loan Bank of Atlanta
Sheryl Touchton
stouchton@fhlbatl.com

United Bank
Sameera Jordan
sameera.jordan@bankwithunited.com

Advertisement



Source link

Atlanta, GA

Analyzing the Braves’ Hot Start to the Season

Published

on

Analyzing the Braves’ Hot Start to the Season


The Atlanta Braves have been the best team in baseball, and it’s not even close. The club is off to a 25-11 start with 8 1/2 game lead over second place. It’s been speculated year after year that the Braves were finally due for a breakout, though they’ve never met those expectations until now.

A Miraculous Championship Moment

Atlanta won the World Series just five years ago. You wouldn’t think it with how the club has played in the years since, but this team went on a miracle-run in 2021. The Braves only won 88 games in the regular season, but it was enough to win a middling National League East.

Ronald Acuña Jr. posted his best season since his 2018 Rookie of the Year campaign with a .283/.394/.596 slash line and 24 home runs. Freddie Freeman batted .300 with 31 longballs on the year. Even Austin Riley swatted 33 balls out of the yard. It was a stacked crew. The fact they only won 88 games is ridiculous in and of itself.

Atlanta bested the Milwaukee Brewers in the NLDS (3-1) before defeating the Los Angeles Dodgers (4-2) to make it to the World Series against the Houston Astros. This was a ridiculously good Astros club. Houston won 95 games to claim the top spot in the American League West. One of the major pieces of that club was their stellar starting rotation. Made up of Luis Garcia, Zack Greinke, Lance McCullers Jr., José Urquidy and Framber Valdez, it was a beautiful thing to see the Braves defeat them in six games.

Advertisement

With key homers in the postseason from Jorge Soler (World Series MVP) and Eddie Rosario (NLCS MVP), the Braves eked their way to a World Series championship. They are the club that proves that getting hot at the right time is what matters most in a postseason run.

The Moment Passes, Falling Short Each Year Since

Despite making the postseason three consecutive years after 2021, the Braves didn’t make it farther than the NLDS. Atlanta won 100-plus games in 2022 and 2023 but disappointed in the postseason, losing to the Philadelphia Phillies in both instances. They only won 89 games in 2024 but still managed to make the playoffs. Atlanta ended up getting swept in the NL Wild Card by the San Diego Padres.

But, in 2025, the Braves missed the postseason entirely. They finished fourth in the NL East with only 76 wins. It was a ridiculously poor season for an Atlanta team with much higher aspirations and expectations.

A lot of that was due to injuries and absences from the planned roster. Jurickson Profar served an 80-game suspension for PED usage. Acuña was sidelined with hamstring and Achilles injuries. Spencer Schwellenbach, AJ Smith-Shawver and Hurston Waldrep all missed significant time, forcing Atlanta to piece together their starting rotation.

But, beyond that, the offense struggled mightily. Despite having four players mash 20-plus homers (Matt Olson, Acuña, Marcell Ozuna and Michael Harris), they failed to actually win baseball games due to their middling starting rotation.

Advertisement

Heading into 2026, the problem for Atlanta was that they didn’t make a single defining move this offseason to fix that. Their only real addition was bringing former Padres’ closer Robert Suarez to be the setup man for Raisel Iglesias. That has mostly fixed the Braves’ bullpen problems, alongside their myriad injuries not being a major issue thus far.

More than that, starting left fielder Profar is now serving a full season suspension after testing positive for PEDs yet again. Adding insult to injury (literally), a preseason injury to shortstop Ha-Seong Kim put a damper on Atlanta’s hopes for their 2026 offense.

Outpacing Expectations, Holding onto Top Spot

The Braves are on track to win 112 games. If they manage to accomplish that, it would be the most games Atlanta has ever won in franchise history. That’s due, in large part, to an all-around effort from the club.

The Pitching Finally Looks as Dominant as Billed

Across MLB, the Braves’ pitching staff ranks second in opponent batting average (.216), third in ERA (3.25) and fourth in WHIP (1.16) and runs allowed (129). The only rotation in baseball that has been better is the Dodgers. Chris Sale’s return to form has been a wonderful development for the club (2.14 ERA, 42.0 IP). Reynaldo López has pitched well (though not incredibly) with a 3.28 ERA and 1.34 WHIP. But the real story has been Bryce Elder’s breakout. The righty leads the club with a 1.88 ERA across his first seven starts.

Yes, the departure of Spencer Schwellenbach for most of the season hurts. But Spencer Strider is back (although off to a rough start after giving up three runs in just as many innings (3.1 IP). This rotation has been, and looks like it will continue to be lethal.

Advertisement

An Offense That Won’t Quit

The craziest part? The rotation isn’t even the best part of Atlanta’s season. The offense is. The Braves rank first in every major category except for on-base percentage with a .275/.341/.468 slash line and an .809 OPS. They’re second in MLB in home runs with 54. It’s hard to argue with numbers like that.

That offense has been buoyed by incredible performance after incredible performance. A resurgent Olson is batting .300 with 12 home runs and a 1.047 OPS. Drake Baldwin is showing zero signs of a sophomore slump, batting .313/.392/.531 as the club’s primary backstop. Ozzie Albies and Michael Harris II are finally breaking out alongside the emergence of Dominic Smith as an offensive threat. Acuña’s been slumping, that’s true, but it hasn’t even mattered with how much every other player has contributed.

There’s still questions of depth should injuries plague this club like they did in the past. The true test will be in the second half of the season. Can this Braves club make it through the dog days of the summer? Maybe. It would be great to watch this Atlanta team finally meet — and even exceed — the expectations set for them. Only time will tell.



Source link

Advertisement
Continue Reading

Atlanta, GA

Atlanta City Council considering committee as response to deadly 404 Day shooting

Published

on

Atlanta City Council considering committee as response to deadly 404 Day shooting



The Atlanta City Council is working to form a 404 Day Advisory Committee following the shooting death of a 16-year-old girl at this year’s celebration.

The committee would be made up of city council members, community leaders, business owners, and various city department employees.

“We want folks to enjoy our parks. We want all folks to be safe in the city of Atlanta,” said City Council Member Andrea Boone.

Advertisement

The committee is asking for public feedback to evaluate what went wrong on 404 Day and to determine what needs to change.

“We want to hear from you. We want to know what are your concerns, what are the planning concerns, what do the business think? How should we exit and entrance the events,” said Boone.

Sixteen-year-old Tianah Robinson was shot and killed at Piedmont Park during the 404 Day celebration. 

Courtesy of the Robinson Family

Advertisement


Sixteen-year-old Tianah Robinson was shot and killed at Piedmont Park during this year’s celebration. She was an innocent bystander, according to police.

A month after her killing, authorities have not named a suspect in the case, despite requests from the public for help with the investigation.

“I remember her just being one of the most innocent persons in the world. Just pure kid,” said Martell Ellis, Robinson’s cousin.

Robinson’s family has been outspoken in calling for improvements in safety at city events like 404 Day.

Advertisement

“I want everybody to remember this is one of Atlanta’s best little people. We lost Atlanta’s best, a nd she had such a promising future, so we have to make sure this doesn’t happen again, we gotta make sure this was not in vain,” said Ellis.

The 404 Day Advisory Committee will meet for 180 days before presenting its findings and proposals. 



Source link

Continue Reading

Atlanta, GA

Atlantic Station in Atlanta is No. 1 spot to live in GA, Niche says – AOL

Published

on

Atlantic Station in Atlanta is No. 1 spot to live in GA, Niche says – AOL


Best place to live in Georgia

Georgia’s top spot on a recent Niche report list also holds the national crown: Atlantic Station in Atlanta is No. 1 on the list. Niche gave them an A+ in nightlife, health and fitness, commute, and “good for families.”

It’s based on 15 key metrics with the highest weight given to cost of living, percentage of residents with higher education, housing, and the public school quality.

One figure Niche didn’t rank was the crime, but there have been some noteworthy events in the last few months including 1 killed and 2 injured in a shooting a couple weeks ago and a chaotic incident with about 400 juveniles in December.

Cost of living in Atlantic Station

Despite its high mark on the list, Atlantic Station has real room to grow in cost of living, ranking B- by Niche. The median home value is reportedly just over $418,000 while the median rent is $2,145.

Advertisement

Patrons walk by the stores of Atlantic Station in Atlanta.

Atlantic Station is in Fulton County. According to the MIT Living Wage Calculator, single adults without children need to make $26.73 an hour. Two adults living together without children need to make $34.55 per hour if one is working, $17.28 if both are working. These figures obviously increase for families with children depending on how many they have.

Things to do in Atlantic Station

Here are some of the entertainment options available at Atlantic Station:

Best restaurants in Atlantic Station

These are some of Atlantic Station’s best restaurants according to lists from TripAdvisor and OpenTable:

  • Toscano Ristorante Italiano at Atlantic Station

Top 5 places to live in Georgia

The top five Georgia spots on Niche’s list were all Atlanta neighborhoods. Here they are along with their national rankings:

  1. Atlantic Station at No. 1

  2. Buckhead Forest at No. 33

  3. Buckhead Village at No. 34

Miguel Legoas is a Deep South Connect Team Reporter for USA Today. Find him on Instagram @miguelegoas and email at mlegoas@gannett.com.

This article originally appeared on Savannah Morning News: Niche gives Atlantic Station an A+ in nightlife, commute, health, more



Source link

Advertisement
Continue Reading
Advertisement

Trending