Affordable Housing Funding Reaches New Heights for Beltline Neighborhoods

The city of Atlanta has allocated $11.9 million of its $45 million budget for the Beltline for affordable housing.

1 minute read

May 11, 2019, 7:00 AM PDT

The Atlanta Lantern Parade in the Old Fourth Ward, pictured on September 10, 2016. | BluIz60 / Shutterstock

"The Atlanta Beltline’s fiscal 2020 housing budget now includes an $11.9 million line-item specifically for affordable housing development," reports Josh Green.

Of that total, $9 million "will be earmarked for land acquisition and other pre-development, which should allow the Beltline to 'influence outcomes for affordability on a larger scale,' for a longer period of time," according to Green's reporting of the official statement announcing the funding.

Atlanta Beltline Inc. is charged with creating 5,600 affordable housing units within the project’s tax allocation district by 2030.

FULL STORY: Beltline announces its largest push ever for affordable housing in fiscal 2020

Thursday, May 9, 2019 in Curbed Atlanta

Housing Urban Development Georgia Atlanta Atlanta BeltLine Atlanta Beltline Inc. Beltline Affordable Housing Mayor Keisha Bottoms Gentrification Displacement Urban Revitalization View More

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