Articles about Affordable Housing

Civic Center to Be Redeveloped Into Mixed-Use Development With Affordable Housing

Mayor Kasim Reed announced the City of Atlanta has sold the Civic Center to the Atlanta Housing Authority (AHA) for $31 million. Mayor Reed was joined by AHA President and CEO Catherine Buell and Invest Atlanta General Counsel and Senior Vice President Rosalind Rubens Newell for the announcement. AHA will partner with Weingarten Realty Investors… Read more

IA Moves Forward With Innovative Housing Affordability Strategies

The Invest Atlanta Board of Directors approved two resolutions to provide new opportunities for long-term affordability in the Westside neighborhoods of English Avenue and Vine City. These initiatives will offer new affordable living options for both renters and potential homeowners. “We recognize that we have to have a solution for all the residents living in… Read more

Residents Learn About Atlanta BeltLine Affordability and Inclusionary Zoning

Councilmember Andre Dickents recently led a special citywide conversation to discuss efforts to expand affordable housing around the Atlanta BeltLine. At the Families First headquarters, Councilmember Dickens delivered a special presentation on proposed legislation that would introduce affordable workforce housing to the Atlanta Zoning Ordinance in the Atlanta BeltLine Overlay District. If the policy is implemented, any… Read more

Invest Atlanta Joins 8th Annual APAB Citizen Engagement and Community Day

Invest Atlanta took an active role in the Atlanta Planning Advisory’s Citizen Engagement and Community Day, held at Zoo Atlanta on October 14. Dawn Luke, Senior Vice President of Community Development, shared information about community development and housing finance with the attendees. The annual event, now in its eighth year, aims to equip Atlanta residents with… Read more

New 20PLUS Homebuyer Incentive Launches at West Highlands Open House Tour

More than 100 attendees came to the West Highlands Open House, where they toured model homes for sale and learned about 20PLUS, the newest Invest Atlanta homebuyer incentive. The event, held on Saturday, September 30, showcased newly-constructed, affordable homes available for sale to prospective 20PLUS participants in West Highlands, an award-winning, Brock Built master planned community in… Read more

Long-Vacant Adair Elementary to Be Redeveloped Info Affordable Housing Units

On Thursday, September 14, the Urban Residential Finance Authority Housing Committee approved $1.5 million from funding raised through the Housing Opportunity Bond to finance the adaptive reuse and redevelopment of the historic Adair Elementary School. The school has been vacant since the 1970's. The new development, called Academy Lofts, will include 35 residential units, of… Read more

Groundbreaking Kicks Off Work on Rehab of Wheat Street Towers

The official groundbreaking for upgrades to the Wheat Street Towers on Auburn Avenue took place on Thursday, August 17. The Urban Residential Finance Authority (URFA) supported the acquisition, rehabilitation, preservation of the residential complex through a $12.5 million bond financing. Once open, the Wheat Street Towers will have 208 units available for seniors earning 60% Average Median… Read more

Invest Atlanta Supports Projects Key to City’s Past, Present, and Future

At their July meeting, the Invest Atlanta Board of Directors authorized seven Eastside TAD grants totaling $27.4 million. Once finalized, this funding will support projects that honor Atlanta's past through the rehabilitation of key historic assets, while also strengthening the city’s economy for the future. In total, the seven projects these grants support will create 3,456 new full-time jobs, attract $486.7 million… Read more

Invest Atlanta Hosts Inaugural Westside Housing Fair

The first-ever Westside Housing Fair, held on Saturday, July 22 at the Hollis Innovation Academy, offered residents valuable housing information from Invest Atlanta and our partners, as well as prizes and fun activities for the entire family. The partners participating at the Fair provided valuable insights to attendees, whether they currently rent, already own a home,… Read more

Invest Atlanta Approves Creation and Retention of 493 Units of Affordable and Workforce Housing

At Invest Atlanta’s July monthly board meeting this morning, Mayor Kasim Reed and members of the Invest Atlanta board approved five projects that in total would create or retain 493 units of affordable and workforce housing. The new developments will increase the availability of affordable housing within Atlanta’s in-town communities and are located near MARTA… Read more