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The Mableton Development Authority unanimously approved moving forward with negotiations for development on the northwest portion of its Riverside Parkway property, including a planned 35-acre project subject to final City Council approval. The project update said 20% of the homes will be affordable through financing.
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The authority is moving closer to a development agreement for 35 acres along Riverside Parkway. The deal still requires final approval from City Council. If approved, one in five homes in the project is expected to be affordable through financing, without a difference in home value.
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