A controversial deal to require the city’s low-income housing authority to sell prime parcels of vacant land to a developer would hand them over at a $120 million discount, according to estimates obtained by The Atlanta Journal-Constitution.
If the sale goes through, it could amount to a king-sized subsidy toward the construction of high-end, market-rate homes and harm the city’s efforts to create more affordable housing, public housing officials and affordable housing advocates said.
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