Articles about Neighborhood Development

Cristo Rey Atlanta Officially Opens New Downtown Building

Cristo Rey Atlanta celebrated the grand opening of their new 88,000 square-foot Downtown facility with the help of several high-profile guests, including Mayor Keisha Lance Bottoms and Governor Nathan Deal. “I want you all to know that as a city, we continue to support you, we continue to cheer you on and we continue to… Read more

IA Ends 2017 On High Note With Support For Hundreds of Affordable Housing Units

As 2017 came to an end, Invest Atlanta closed on several important affordable housing projects to put the total number of affordable housing units supported this year at 1,962. Below are the multi-family and senior housing projects Invest Atlanta closed in December: City Lights II: Invest Atlanta issued $11.5 million in tax-exempt bonds to finance Wingate… Read more

IA Joins Inaugural Atlanta Housing Equity and Affordability Forum

Invest Atlanta participated in the first Atlanta Housing Equity and Affordability Forum on Thursday, December 14 at The Gathering Spot. Hosted by the Atlanta Housing Authority (AHA), the event consisted of three panel discussions with leaders in affordable housing development and policy. “We really hope that this will be the first of a series of… Read more

Piedmont Senior Tower Breaks Ground on Extensive Upgrades

A groundbreaking celebration took place at Piedmont Senior Tower on December 12 to celebrate the beginning of extensive renovations and upgrades to the complex. Once complete, the building will be fully rehabilitated, preserving more than 200 affordable units for the elderly and disabled. “I believe housing is about people,” said Councilmember Andre Dickens. “That’s what… Read more

Financing Approved for Preservation of 812 Affordable Housing Units

The URFA Board of Directors recently approved financing for the acquisition and rehabilitation of three multifamily rental complexes with 812 units of affordable rental housing. At a special called meeting, the board approved a total of $128.8 million in tax-exempt bond financing to support the preservation of three multifamily housing developments: Allen Hills, Rolling Bends I,… Read more

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

MLK Ignite Capital Grants Awarded to 14 Small Businesses

At an event held at Atlanta City Hall, Invest Atlanta and Mayor Kasim Reed announced the 14 winners of the MLK Ignite Capital Grant program, which awards $100,000 to small businesses located on Martin Luther King, Jr. Drive. Under Mayor Reed's leadership, Invest Atlanta created the grant program as part of the city’s overall efforts… Read more

Westside Community Builders Program Officially Launched

The first members of the Community Builders program gathered at a welcoming reception at the Invest Atlanta offices on October 26 to mark the official launch of the initiative. Invest Atlanta created the Community Builders program in response to growing interest from residents on the Westside to learn how to redevelop vacant, abandoned, and blighted… 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

Boys & Girls Club Breaks Ground on The Innovation & Expression Studio

On Tuesday, October 10, the John H. Harland Boys & Girls Club in the West End of Atlanta broke ground on their new creative arts hub: The Innovation and Expression Studio (TIES). The new 27,000 square-foot space will provide arts and innovation programming to more than 200 children and teens per day. Both current members… Read more