Councilman Dickens Cites Invest Atlanta For Help on Affordable Housing Ordinance
Thursday, May 19, 2016
Atlanta City Councilman Andre Dickens has recognized Invest Atlanta and a host of other public- and private-sector groups and individuals for the part they played in helping to shape the Affordable Housing Ordinance that the City Council overwhelmingly approved on May 16.
The ordinance, which Dickens authored, requires all leased multi-family residential properties that obtain a grant, incentive or subsidy within Atlanta to adhere to housing set-asides. Consequently, either 10 percent of the units at 60 percent of the Area Median Income (AMI) and below or 15 percent of the units at 80 percent of the AMI and below are covered under the new law.
“Mixed income communities have a proven track record of improving our community outcomes,” noted Dickens. “We ensured in the ordinance that the affordable housing units would be similar in construction and appearance (e.g., square footage, type and brand of appliances, materials used for countertops, flooring, etc.) to the market rate units and would not be in isolated areas in the development, but interspersed among the market rate units.”
Dickens noted that the “collaborative effort” on behalf of the ordinance included – among others – Invest Atlanta, Atlanta Mayor Kasim Reed and his office, other City Council members, the Departments of Community Development & Planning and Law, members of the nonprofit sector and for-profit housing professionals and advocates.Tweet