Panelists to ponder housing affordability in Atlanta

Thursday, May 19, 2016

In March, Invest Atlanta’s Dawn Luke joined a group of real estate developers and housing development advocates to discuss the state of housing affordability in Atlanta at the Urban Land Institute’s annual Young Leaders Group panel event.

At Affording Atlanta, which was held at The Garage collaboration space in Tech Square, Luke and the other panel participants talked about rising housing costs in Atlanta, anticipated innovative solutions to develop workforce housing in the city, and why it’s important to make it affordable for a diverse mix of middle-class citizens – such as artists, teachers, firefighters and entrepreneurs – to live in Atlanta.

The overarching theme framing the discussion was whether or not the wave of retail and high-tech industrial businesses and tourism amenities fueling the investment boom in urban Atlanta was pricing the cost of good housing beyond the reach of all but the wealthiest people.  Panelists mulled housing trends in the city and were briefed on Atlanta Mayor Kasim Reed’s proposal for an inclusionary housing policy that would strongly support the growth of multi-family residential properties.

Luke’s fellow panelists were Odetta MacLeish-White, of Enterprise Community Partners; Aaron Goldman, of Perennial Properties; Tyler Gaines, of Pollack Shores; and Redi Stewart, of INPROP USA.