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ATLANTA -- The people who live in Atlanta's Vine City and English Avenue neighborhoods have heard the promises before.

They heard them in 1990 when the new Georgia Dome stadium promised to help breathe life back into their nearby neighborhoods.

But 23 years later, they're worse off than before.

"In 1990 there was about 10,000 residents between the Vine City and English Avenue communities; 7,000 people have left the area and voted with their feet," Atlanta City Councilman Michael Julian Bond admitted to 11 Alive on Wednesday.

As someone who grew up in Vine City, he's committed to keeping another round of similar promises tied to the new $1-billion Falcons stadium to be built in the same area.

The Georgia Dome deal set aside $8-million to help build new homes in the area.

About 50 new homes later, many are boarded up and many older homes are also vacant or gone altogether.

So what went wrong the first time?

"You can't put a $250,000 brand new home next to a house that's only worth $30,000," Bond told 11 Alive News on Wednesday.

He said the first deal only provided government backed loans for new homes, but none to renovate cheaper existing homes in the area.

Also, nothing was set aside to improve schools and help bring businesses into the community.

So how is this time going to be any different?

"You can't have a situation where you're building a new building, but the people are broken who're inside of it, because that's basically what has transpired over the last 20 years," Bond added.

As chairman of the new stadium's Community Benefits Plan committee, he will help oversee $30-million in public and private community development funds tied to the new stadium deal.

Bond said some of that money will be dedicated to programs other than just homes, such as job training programs for a shrinking population that has one of the city's highest unemployment rates.

While many people may think the new stadium is already a done deal, it can't proceed without the committee's redevelopment plan.

Their next meeting is October 3rd and Bond vows promises won't be broken this time.

"Those who don't know their history are doomed to repeat it and I am determined from my point of view not to repeat those mistakes," he said.

Click here for a list of other members of the Community Benefits Plan Committee.

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