As Invest Atlanta begins a new year and welcomes our new Board Chair, Mayor Keisha Lance Bottoms, it’s a good time to reflect on everything we accomplished in 2017.
Last year, we supported the creation of nearly 14,000 jobs and a total of $2 billion in new capital investment. We had a banner year in our work around affordable housing, helping to retain and create 1,962 affordable rental units—a more than three-fold increase over the previous year. We also provided 73 homebuyer incentives to help more people achieve the dream of homeownership. Meanwhile, we supported $2.5 million in capital investment through our small business loan programs.
But the numbers only tell part of our story. Over the past year, we launched several new programs and tools to stay ahead of this growth and bridge our people, businesses, and communities together. These innovative initiatives include our new 20Plus homeownership incentive; an Owner-Occupied Rehabilitation pilot program in the Westside; Community Builders, a program that provides small-scale developer training to Westside residents;the iVillage @ MLK, and the Creative Industries Loan Fund.
I look forward to building on our success under the leadership Atlanta’s new mayor, Keisha Lance Bottoms, in the years to come. Together, we will continue our mission of making Atlanta the most dynamic and competitive city in the world, while continuing to move forward on issues like affordable housing, equity, workforce training, and mobility.