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Article: Nonprofits use eminent domain to develop affordable housing in Georgia.
- Article from:
- Partners in Community and Economic Development
- Article date:
- January 1, 2006
CopyrightCOPYRIGHT 2006 www.frbatlanta.org. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Much has been written about the use of eminent domain by cities for the benefit of private investors to encourage development in struggling communities. However it is less well known that eminent domain is also an important tool for nonprofit organizations working to build affordable housing and revitalize economically depressed communities.
The use of eminent domain by nonprofit organizations has been recently documented by the Georgia State Trade Association of Nonprofit Developers (GSTAND). The study was commissioned to inform state legislators in the policy debate surrounding the use of eminent domain for economic development purposes.
The study ...