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The Impact of the Coronavirus on the Michigan Housing Market

The Impact of the Coronavirus on the Michigan Housing MarketThe spread of the novel coronavirus (COVID-19) pandemic has cast a shadow of uncertainty over most economic sectors across the globe, including real estate. Prior to COVID-19’s arrival, the Michigan…
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How to Calculate Cash on Cash Return Quickly (And Accurately)

How to Calculate Cash on Cash Return Quickly (And Accurately)Return on investment (ROI) metrics are vital forms of data that every real estate investor needs to know. They measure the rate of return and the overall profitability of rental…
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7 Reasons to Invest in Property Management Software for Landlords

7 Reasons to Invest in Property Management Software for LandlordsYou may think that you don’t need sophisticated software for your real estate business because you only have one property. You may feel that an investment in real estate software…
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Coronavirus Update – April 25: Deaths top 900; small business loans; senior food assistance program

The Georgia Department of Public Health reported three more coronavirus-related deaths and 521 new cases across the state in its Saturday evening update. The death toll in Georgia stands at 907 and 23,216 confirmed cases.

Mayor Keisha Lance Bottoms announced that Goldman Sachs has committed $10 million as part of its 10,000 Small Businesses Initiative to loans for small businesses in Atlanta, in a partnership with Lendistry, a Community Development Financial Institution (CDFI) and SBA-authorized PPP lender. These loans – made through the U.S. Small Business Administration’s (SBA) Paycheck Protection Program (PPP) – are an option for small businesses and non-profits that have been unable to submit a PPP application through another lending institution. Lendistry will offer these loans directly to small business owners in Atlanta, who will be eligible for these loans to be partially or wholly forgiven if they maintain or rehire their workforce. The loans can be used for payroll, interest on mortgages, rent, and utilities. To apply, applicants can immediately visit the online application portal by visiting www.mylendistry.com.

 

The City of Atlanta Senior Food Assistance Program to support senior residents who are experiencing food shortage due to COVID-19 is now open to eligible participants. Seniors must meet the following requirements:

• Reside in the city of Atlanta;
• Age 60 or older;
• Low income (household income at or below 80% of the AMI);
• Not participating in any other senior food assistance program and meet one of the following criteria:
• Unable to leave home;
• Unable to prepare meals for themselves; or

• Unable to procure or utilize commercial home delivery services.

Seniors who reside in the city of Atlanta and are struggling to receive access to food during this time may apply to be a part of this program by completing an online survey. Residents may also contact ATL311 for information and assistance with completing the survey, by dialing 311 within the city limits or (404) 546-0311. For more information on the Senior Food Assistance Program and to access the survey, visit https://atlstrong.org/seniors-support/ 

The post Coronavirus Update – April 25: Deaths top 900; small business loans; senior food assistance program appeared first on Atlanta INtown Paper.

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A Coronavirus Recession and Its Potential Impact on Real Estate

A Coronavirus Recession and Its Potential Impact on Real EstateWhen the novel coronavirus (COVID-19) emerged, initially in central China, most viewed it as a substantial threat to that economy. However, the pandemic then spread into Italy and eventually across…
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How to Buy Your First Investment Property in 2020

How to Buy Your First Investment Property in 2020We are now a few months into 2020 and many people have begun to put their New Year’s resolutions into action. If you had resolved to begin your career in…
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How to Spot a High Return Real Estate Market

How to Spot a High Return Real Estate MarketMaking money in real estate requires conducting thorough research and analysis. The first step of this process is identifying a high return real estate market. In fact, finding such markets…
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Atlanta Public Schools to hold virtual graduation ceremonies, traditional walk later

Atlanta Public Schools plans to hold virtual graduation celebrations for the Class of 2020 in May due to social distancing restrictions in place for COVID-19. However, APS said it plans to hold traditional ceremonies for the graduates this summer or a later safe date that adheres to Georgia Department of Health guidance.

For the traditional ceremonies, APS is considering dates in late July using Lakewood and Grady stadiums as possible venues. If ceremonies must be delayed further, the district is considering other venues or ticketed ceremonies at each school, possibly scheduling them during the Thanksgiving or winter breaks to maximize attendance of graduates and their families.

The district reached this decision based on input from graduating seniors across all 14 high schools.

Of the more than 1,650 APS seniors surveyed, an overwhelming percentage expressed interest for a delayed open-air (78 percent) or fall (71 percent) ceremony, while fewer did so for a virtual ceremony from home (19 precent) or a local drive-in theater (27 percent) in May. Seniors originated #WorthTheWait, emphasizing their desires to walk on stage in their caps and gowns, even if delayed.

Virtual graduation ceremonies will be held between May 18 and 21, and APS said it would coordinate creative efforts for families to celebrate at home and would send diplomas through the mail or some other safe distribution method.

The post Atlanta Public Schools to hold virtual graduation ceremonies, traditional walk later appeared first on Atlanta INtown Paper.

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Coronavirus Update – April 24: Cases near 22.5k; AG investigating racist text; donation for firefighters

The Georgia Department of Public Health has issued the evening figures on coronavirus with 22,491 confirmed cases and 899 deaths.

Georgia Attorney General Chris Carr said he would investigate a racist text message sent to Mayor Keisha Lance Bottoms, which called her in the n-word while telling her to “just shut up and re-open Atlanta.” The message was sent Wednesday night not only to Bottom’s cell phone, but also to her 12-year-old son.

The Atlanta Fire Rescue Foundation received a  donation this week specifically in response to COVID-19 thanks to the commitment of the Bank of America Charitable Foundation and its Coronavirus Community Response Program. The donation will support the purchase of personal protective equipment, decontamination and cleaning supplies for fire stations and fire apparatus, and meals for firefighters on shift. To donate to the emergency response program, visit https://www.atlfrf.org/donations  and select COVID-19 Response and Recovery Fund.

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Fulton County announces expansion of COVID-19 testing sites

Fulton County is expanding the availability of COVID-19 testing with the addition of new testing sites and collaboration with public and private partners.

“Through a coordinated response, there is now the capacity to test 50,000 Fulton County residents in the coming month,” said County Manager Dick Anderson. “That number will grow with additional testing locations coming online, and mobile outreach to high risk populations.”

Fulton County is operating three sites offers free drive-through testing by appointment only.

·       Wolf Creek Amphitheater, 3025 Merk Rd SW, College Park, GA 30349

·       Fulton County Airport, 3900 Aviation Cir NW, Atlanta, GA 30336

·       4700 North Point Parkway (opening Tuesday, April 27)

To schedule an appointment for any of these sites, residents should call (404) 613-8150 from 8 a.m. to 7 p.m. weekdays and 8:30 a.m. to 5 p.m. on Saturdays. During the call, patients will speak with a trained staff member and receive a referral number and appointment time. Testing is offered free of charge.

Other COVID-19 testing locations in Fulton County include:

·       Walgreen’s drive-through testing site in Alpharetta. Click for registration.

·       CVS Health drive-through testing site at Georgia Tech.  Click for registration.

·       The Georgia National Guard has announced plans for new testing sites at Georgia State University and Greenbriar Mall. For an appointment at these sites, call (706) 721-1852 or download the Augusta Health virtual screening app.

For the latest information about COVID-19 testing, response and assistance resources, log on to www.fultoncountyga.gov/covid-19

The post Fulton County announces expansion of COVID-19 testing sites appeared first on Atlanta INtown Paper.