A citizens’ group today called out two committees pushing the July 31 transportation sales tax referendum for failing to disclose their donors. The group also named donors of at least $434,000 to the pro-tax effort. While we wait for those disclosures, I’ve found more than $800,000 more given to sell the sales-tax referendum.
Infighting and tax troubles threaten the future of a citizens’ group founded to improve the Summerhill community near Turner Field. The Summerhill Neighborhood Development Corp. has sued its founder, former state Rep. Douglas Dean, alleging he secretly pledged the nonprofit’s property to back $2.4 million in bank loans — now in default — to benefit a private developer. The non-profit, according to the suit, “now faces the very real possibility of losing substantially all of its real property assets.” In addition, federal tax records list $470,000 in unsecured, interest-free loans from the non-profit to Dean and his wife, and $50,000 to the group’s new CEO. Dean says those payments were reimbursements of money he loaned the non-profit over the years. IRS auditors could find little or no documentation for those debts.
Atlanta’s BeltLine redevelopment project may be about to short an affordable housing fund by more than $9 million, a citizen oversight group says. And, members of the citizen advisory committee contend, the BeltLine leadership isn’t sharing information early or often enough for them to know how well the $2.8 billion endeavor is proceeding.