05/11/2022 2:11 PM
Mayor’s Office of Communications
55 Trinity Avenue, Suite 2500 • Atlanta, Georgia 30303
Reading: News List | Atlanta, GA
Mayor Andre Dickens Announces $58.7 Million in Housing Investment and Activates Affordable Housing Strike Force in Pursuit of Goal to Build or Preserve 20,000 Units of Affordable Housing
ATLANTA —Issuing a challenge to break down barriers to the growth and preservation of low-cost homes in Atlanta, Mayor Andre Dickens convened his low-cost Housing Strike Force made up of leaders from across government and the nonprofit organization sector. He besides announced the City will invest $ 58.7 million in the growth of house, preventing evictions and addressing homelessness.
Mayor Dickens convenes Affordable Housing Strike Force / May 11, 2022
“ Housing is foundational to a community ’ randomness health, and plainly put, Atlanta doesn ’ thyroxine have enough of it, ” said Mayor Dickens. “ Since day one of my Administration, the development and preservation of low-cost housing has been at the top of our agenda, and the steps we are taking today will rocket us forward. Atlantans deserve access to high-quality homes that they can afford. ”
The Mayor ’ s commitment of $ 58.7 million toward housing is one of the City ’ s largest-ever single-year housing investments. The Administration is in the process of deploying those funds toward low-cost housing and homelessness initiatives. That includes :
- $22.5 million in emergency rental assistance, newly secured from the Federal government by the Dickens Administration;
- $9.1 million to support the relocation of residents from the Forest Cove Apartments, sourced through American Rescue Plan funds redesignated by the Mayor;
- $6.2 million in homelessness assistance, sourced through American Rescue Plan funds redesignated by the Mayor; and
- $20.9 million activated to develop affordable housing through the City’s Affordable Housing Trust Fund.
The low-cost Housing fall upon Force—announced by Mayor Dickens in his state of the City savoir-faire final month—will collaborate across their respective organizations to prioritize growth projects based on shared goals, jointly identify the needs and obstacles to development, and align plan, fund and infrastructure investments across agencies. The Strike Force will besides partner with non-profit, faith-based and secret developers to achieve its goals .
today, the Mayor convened the be agency heads, each of whom is committing staff to serve as separate of the Strike Force :
- City of Atlanta COO Lisa Gordon
- City of Atlanta Senior Advisor Courtney English
- MARTA Interim General Manager & CEO Collie Greenwood
- Atlanta Public Schools Superintendent Dr. Lisa Herring
- Atlanta BeltLine President & CEO Clyde Higgs
- Atlanta Housing President & CEO Eugene Jones, Jr.
- Invest Atlanta President & CEO Dr. Eloisa Klementich
- Metro Atlanta Land Bank Executive Director Christopher Norman
- Atlanta Land Trust Executive Director Amanda Rhein
“ I am peculiarly grateful that our public sector counterparts including Atlanta Public Schools and MARTA are joining us in this campaign, ” Mayor Dickens added. “ Housing, education and transportation are inextricably linked for families, so we need to approach this ferment in a holistic and coordinate manner. We will be looking at the potential of redeveloping vacant school buildings and ensuring that theodolite will be character of every development opportunity at the beginning. ”
together, the Strike Force will identify feasible public state, plug fund, and expedite regulative processes for development of low-cost housing. work has already begun to conduct a market valuation sketch that will identify sites that are ready to be built in the short term angstrom well as other large-scale project sites with transformational potential .
The fund and low-cost Housing Strike Force are the latest steps the Mayor has taken to make meaning investments in house .
The Mayor last workweek announced four new appointments to the Atlanta Housing Board of Commissioners. The Dickens Administration has besides led or supported extra investments in housing, including : securing $ 2.5 million from JP Morgan Chase to the Atlanta Neighborhood Development Partners to support low-cost homeownership for people of color ; securing $ 1.3 million from Wells Fargo in partnership with Enterprise Community Partners to fund at least one thousand units in partnership with faith-based organizations ; and finance for Invest Atlanta to support about 400 units.
Earlier this week, Mayor Dickens helped to reopen the 542-unit Villages of East Lake mixed-income community. This year, the Mayor has besides supported the development of the 250-unit Skyline Apartments in Peoplestown, 116 units in Reynoldstown, about 500 units near the Greenbriar Mall, 30 units at Unity Place and 30 units at Covenant House .
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For more information about the City of Atlanta, please visit www.atlantaga.gov or watch City Channel 26. Follow the City of Atlanta on Facebook and Twitter @ CityofAtlanta .