{"result":[{"id":514,"title":"Remediation Funding Approved for Remerge Redevelopment","promo_title":"Remediation Funding Approved for Remerge Redevelopment","published_date":"2024-03-04","featured_image":{"id":2334,"parent_id":142,"resource_file_name":"remerge_3.jpg","resource_content_type":"image/jpeg","resource_file_size":571764,"resource_updated_at":"2023-02-27T12:31:02.285-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2023-02-27T12:31:03.643-05:00","updated_at":"2024-03-04T13:27:15.997-05:00","filename_hash":"remerge_3_Rzqp825.jpg","width":2137,"height":1137},"filename":"remediation-funding-approved-for-remerge-redevelopment","meta_data_id":null,"published":true,"token":"hOzD-w","created_at":"2024-03-04T13:27:15.944-05:00","updated_at":"2024-03-04T13:27:15.944-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \n\u003c/div\u003e\n","project_year":"2024","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAdditional funding from the Brownfield Revolving Loan Fund has been granted to Remerge for its redevelopment project on Auburn Avenue. The original $50,000 grant was increased to $75,000 to remediate heavy metal impacts in shallow soil that could risk exposure to the site occupants and neighboring community. The extra $25,000 will fund permitting for the soil excavation, subcontractor fees and other contingency costs.\u003c/p\u003e\r\n\r\n\u003cp\u003eLocated at the corner of Auburn Avenue and Old Wheat Street, the development will be home to the community-based nonprofit Remerge, which serves the Sweet Auburn community. The redevelopment will expand its current operations at 340 Auburn Ave., where it has been operating since 2018. The additional space at 597 Auburn will enable new programming within the Community Building Studio, including the Women\u0026rsquo;s Microentrepreneur Coaching Program.\u003c/p\u003e\r\n\r\n\u003cp\u003eSince gaining a long-term home in Sweet Auburn, Remerge has assisted more than 3,000 families and businesses. Its programs have evolved and the team has grown, increasing the need for more dedicated workspace, community meeting space and programming. This expansion will allow Remerge to shift its Community Building Studio programs and staff office space to the new facility and designate 340 Auburn as an Arts Center and a base for continued neighborhood outreach activities.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Sweet Auburn\n\u003c/span\u003e\n"},{"id":512,"title":" Invest Atlanta Issues Request for Information to Increase Access to Healthy Food","promo_title":" Invest Atlanta Issues Request for Information to Increase Access to Healthy Food","published_date":"2024-03-04","featured_image":{"id":2584,"parent_id":5,"resource_file_name":"untitled_design_-9-.png","resource_content_type":"image/png","resource_file_size":5802208,"resource_updated_at":"2024-03-04T12:35:56.992-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2024-03-04T12:35:57.856-05:00","updated_at":"2024-03-04T12:36:12.835-05:00","filename_hash":"untitled_design_-9-_xNvgjaJ.png","width":2500,"height":1500},"filename":"invest-atlanta-issues-request-for-information-to-increase-access-to-healthy-food","meta_data_id":null,"published":true,"token":"fVGQaQ","created_at":"2024-03-04T12:36:12.737-05:00","updated_at":"2024-03-04T12:36:12.737-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The U.S. Department Agriculture reports that in 2022 nearly one in five households faced food insecurity \u0026ndash; an unacceptable fact that Invest Atlanta and the Mayor\u0026rsquo;s Office are committed to addressing here in Atlanta.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\n\u003c/div\u003e\n","project_year":"2024","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe U.S. Department Agriculture reports that in 2022 nearly one in five households faced food insecurity \u0026ndash; an unacceptable fact that Invest Atlanta and the Mayor\u0026rsquo;s Office are committed to addressing here in Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta issued a \u003ca href=\"/assets/rfi_-_developers_and_grocery_operators_input_v2_RznpXem.pdf\"\u003eRequest for Information (RFI)\u003c/a\u003e to support the creation of economic development programming that increases the availability of fresh, affordable grocery options in Atlanta. The information provided by qualified developers and retail grocery operators will help increase the pipeline of businesses looking to launch or expand grocery offerings, particularly in areas described by the U.S. Department of Agriculture as \u0026ldquo;Low Income, Low Access Communities.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Too many residents face food insecurity in their daily lives, which is why our Administration continues to prioritize investments in programs that bring healthy, affordable food options to every Atlanta neighborhood,\u0026rdquo; says Atlanta Mayor Andre Dickens. \u0026ldquo;All residents deserve to live close to healthy food options, a goal we are committed to accomplishing with our public and private partners.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe City of Atlanta\u0026rsquo;s grocery and health foods strategy focuses on:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eAttracting major supermarkets and grocery stores\u003c/li\u003e\r\n\t\u003cli\u003eRetaining, expanding and improving corner and neighborhood markets\u003c/li\u003e\r\n\t\u003cli\u003eSupporting innovative food access models\u003c/li\u003e\r\n\t\u003cli\u003eDriving policy, systems and environment change\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Innovation and partnerships like this request for information is designed to create are key to finding new, impactful opportunities to increase access to affordable healthy food in our communities,\u0026rdquo; says Dr. Eloisa Klementich, president and CEO of Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eHealth professionals suggest that affordable access to healthy food is critical not just to preventing and treating diet-related health conditions, but also to building thriving communities, strong local economies and sustainable food systems.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":494,"title":"Increasing Food Accessibility","promo_title":"Increasing Food Accessibility","published_date":"2023-09-28","featured_image":{"id":2510,"parent_id":158,"resource_file_name":"nb2.jpg","resource_content_type":"image/jpeg","resource_file_size":119177,"resource_updated_at":"2023-09-28T10:13:53.939-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2023-09-28T10:13:54.789-04:00","updated_at":"2023-09-28T16:28:26.605-04:00","filename_hash":"nb2_B39Xqqr.jpg","width":1280,"height":720},"filename":"increasing-food-accessibility","meta_data_id":null,"published":true,"token":"szUUXw","created_at":"2023-09-28T10:15:37.826-04:00","updated_at":"2023-09-28T11:51:35.181-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board approved grants for two local small businesses to increase food accessibility in disinvested areas of the city that often lack ready options for fresh foods. Two Economic Opportunity Fund Food Access Grants, totaling $1.6 million, will support expansion projects for Goodr and Nourish + Bloom.\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board approved grants for two local small businesses to increase food accessibility in disinvested areas of the city that often lack ready options for fresh foods. Two Economic Opportunity Fund Food Access Grants, totaling $1.6 million, will support expansion projects for Goodr and Nourish + Bloom.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eGoodr\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eA $1 million Economic Opportunity Fund Food Access Grant was awarded to help Goodr finance the design and buildout of a community grocery store at iVillage @ MLK. The store will provide groceries, including fresh produce, eggs, milk, meat and other shelf-stable items.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta, the City of Atlanta and MARTA partnered to create the iVillage @ MLK using repurposed shipping containers at the H.E. Holmes MARTA Station. The container village provides affordable, attractive and transit-accessible grocery, health services and retail along the Martin Luther King, Jr. Drive corridor.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Economic Opportunity Fund for Goodr offers a model to examine the demand, need and value that a community food store has in low-income, disinvested neighborhoods with the goal of attracting and informing future grocery-based establishments. It also serves as an opportunity to jumpstart future interest in transit-oriented development (TOD) at H.E. Holmes Station.\u003c/p\u003e\r\n\r\n\u003cp\u003eGoodr founder and CEO Jasmine Crowe is an award-winning entrepreneur, TED speaker and children\u0026rsquo;s book author who founded the tech-enabled sustainable food waste management company. She is the 35th Black woman to raise more than $1 million in venture capital and was named as a top 100 influential female founders by \u003cem\u003eEntrepreneurial Magazine\u003c/em\u003e.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eNourish + Bloom Market\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eNourish + Bloom was awarded a $600,000 Economic Opportunity Fund Food Access Grant to help finance two Nourish + Bloom Market container stores, which will be located in Pittsburgh Yards and a location to be determined in District 11.\u003c/p\u003e\r\n\r\n\u003cp\u003eNourish + Bloom is a minority- and woman-owned autonomous grocery store that provides locally sourced grocery items, alongside everyday convenience items, with no checkout. Its autonomous container store model is designed to bring fresh produce and other nutritious goods directly to the community, offering a convenient, accessible solution and represents a competitive attraction project within the grocery industry.\u003c/p\u003e\r\n\r\n\u003cp\u003eThis project represents Nourish + Bloom\u0026rsquo;s first expansion and will support two part-time and two full-time jobs, including a satellite store manager, customer experience representative, stocker and security guard. The company is committed to combatting food inequity and food insecurity by serving consumers in food deserts and historically underserved areas. And its versatile products allow it to deploy in all market conditions and serve more than 5,000 patrons monthly.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition, Nourish + Bloom is committed to creating well-rounded employees in both AI and robotics, so as advancements in technology may scale out traditional grocer jobs, their employees can easily transition into the future of retail.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":489,"title":"Barking to Support Change","promo_title":"Barking to Support Change","published_date":"2023-08-21","featured_image":{"id":2473,"parent_id":5,"resource_file_name":"city_dogz.jpg","resource_content_type":"image/jpeg","resource_file_size":1015468,"resource_updated_at":"2023-08-21T13:15:51.074-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2023-08-21T13:15:51.996-04:00","updated_at":"2023-09-08T09:26:48.858-04:00","filename_hash":"city_dogz_j3W4kl6.jpg","width":1986,"height":1986},"filename":"barking-to-support-change","meta_data_id":null,"published":true,"token":"kLuGqw","created_at":"2023-08-21T13:18:53.410-04:00","updated_at":"2023-09-08T09:26:48.817-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \u0026ldquo;We couldn\u0026rsquo;t have done this without the help of Invest Atlanta (and the\u0026nbsp;\u003ca href=\"https://www.investatlanta.com/businesses/small-businesses/openforbusiness\"\u003eOpen for Business Fund\u003c/a\u003e),\u0026rdquo; Brown explains.\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eImpacting change, representing the community and enhancing the services in Atlanta \u0026hellip; all things Azhia Brown is committed to. This young, Black entrepreneur sees growth in the west side of the city and, rather than being a spectator to change, she is jumping right in. Brown owns City Dogz ATL, a unique boutique dog grooming and boarding facility. She opened her business prior to 2020 and then, like many business owners, ran into some challenges. That is when she learned about the \u003ca href=\"https://www.investatlanta.com/businesses/small-businesses/openforbusiness\"\u003eAtlanta Open for Business Fund\u003c/a\u003e.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We couldn\u0026rsquo;t have done this without the help of Invest Atlanta (and the Open for Business Fund),\u0026rdquo; Brown explains. \u0026ldquo;The grant is allowing us to build out our physical space and really represent what is happening in west Atlanta. This area is about growth, community and support, and I hope this space personifies that.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Atlanta Open for Business Commercial Property Improvement Grant (CPIG) enabled her to make big changes in her corner of the city. The grant is possible because of a $20 million donation from Wells Fargo to help Atlanta small business owners own more of their businesses\u0026rsquo; assets, including property and equipment, and to enable physical upgrades to their facilities. Invest Atlanta, in collaboration with United Way of Greater Atlanta, will distribute the funding as a mix of grants and loans in the city, with a focus on Black-owned and other diverse-owned businesses.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe CPIG money will do two big things for her business. The first is to fence in the area and create a safe space for dogs and their owners as well as keep people passing by safe. The second is the addition of turf and large containers.\u003c/p\u003e\r\n\r\n\u003cp\u003eBrown says the turf will be used in the play yard for pups while the containers serve as a barrier and will later be used for a planned expansion of services. Brown\u0026rsquo;s vision for City Dogz is to be more than boarding and grooming. She intends to create a dog community for the pet owners around the area.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We want to offer residents in the area the use of our yard after hours so people walking their animals have a safe place for them to run,\u0026rdquo; she says. \u0026ldquo;We also want to expand to a self-service after hours dog wash for those who live nearby.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eBrown, who has mapped out her growth strategy for City Dogz ATL, says without Atlanta Open for Business it would take a lot longer for her dreams to be realized.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe \u003ca href=\"https://www.investatlanta.com/businesses/small-businesses/openforbusiness\"\u003eAtlanta Open for Business Fund\u003c/a\u003e is designed to help small business owners in Atlanta build wealth and to help Atlanta businesses impacted by the pandemic recover.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":479,"title":"We All Scream for Ice Cream","promo_title":"We All Scream for Ice Cream","published_date":"2023-04-30","featured_image":{"id":2380,"parent_id":147,"resource_file_name":"jason_davis.pdf.jpg","resource_content_type":"image/jpeg","resource_file_size":26765,"resource_updated_at":"2023-05-04T13:53:26.069-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2023-05-04T13:53:26.755-04:00","updated_at":"2023-07-24T13:37:13.110-04:00","filename_hash":"jason_davis.pdf_lPpjRze.jpg","width":480,"height":555},"filename":"we-all-scream-for-ice-cream","meta_data_id":null,"published":true,"token":"KPoogw","created_at":"2023-05-04T13:53:52.340-04:00","updated_at":"2023-05-04T13:55:35.310-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Jason Davis is the consummate entrepreneur. He works as a real estate investor and physical therapist, and with help from Invest Atlanta, he\u0026rsquo;s now pursuing a new business venture in ice cream.\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eJason Davis is the consummate entrepreneur. He works as a real estate investor and physical therapist, and with help from Invest Atlanta, he\u0026rsquo;s now pursuing a new business venture in ice cream.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I always knew I wanted to open an ice cream shop,\u0026rdquo; says Jason. \u0026ldquo;There\u0026rsquo;s just something about ice cream that makes you feel good.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eSince last July, Jason has been diligently working towards that goal. And, just in time for the Atlanta summer heat, he\u0026rsquo;ll be opening the doors to Aiskrimu Ice Cream Bar in the commercial district of historic Cascade Heights.\u003c/p\u003e\r\n\r\n\u003cp\u003eAiskrimu, which is pronounced \u003cem\u003e\u0026#39;īs krēm \u0026#39;\u0026uuml;, \u003c/em\u003emeans \u0026ldquo;ice cream\u0026rdquo; in Swahili. The boutique shop will include vegan and other healthier soft serve ice cream options featuring traditional and seasonal flavors, specialty items \u0026ndash; like ginger beer floats and caramelized plantain sundaes \u0026ndash; along with black waffle cones, ice cream sandwiches and even Pup Cups.\u003c/p\u003e\r\n\r\n\u003cp\u003eDespite several new restaurants and food establishments, Cascade Heights is considered a food desert, and Aiskrimu will serve as the only ice cream shop in the surrounding community. \u0026ldquo;I want Aiskrimu to be a place where people come together,\u0026rdquo; says Jason. \u0026ldquo;Where everyone knows each other and become regulars.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta has been key to helping Jason get his business off the ground. As a recipient of the \u003ca href=\"https://www.investatlanta.com/businesses/small-businesses/commercial-property-improvement-grant\"\u003eAtlanta Commercial Property Improvement Grant\u003c/a\u003e, Jason received $38,000 to help build out the space and bring it up to code.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;As a Black small business owner, this support goes a long way,\u0026rdquo; says Jason, who points to a McKinsey \u0026amp; Company study on the high rate of small business failure, especially among Black owners. According to the report, 8 in 10 Black business owners fail within the first 18 months, primarily due to lack of access to capital. \u0026ldquo;Invest Atlanta has taken a huge financial burden off my shoulders,\u0026rdquo; continues Jason. \u0026ldquo;This grant made it easier to open my business. It\u0026rsquo;s a big deal.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eJason says that as soon as the storefront sign was installed, locals began voicing their excitement. Many have even come to him seeking business advice. \u0026ldquo;It\u0026rsquo;s a beautiful thing connecting with others who are trying to open a business of their own,\u0026rdquo; says Jason. \u0026ldquo;It requires a lot of sweat equity to make it happen, but it\u0026rsquo;s fulfilling. It\u0026rsquo;s cool to share my experience with them.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAs for his favorite ice cream flavor, Jason says he\u0026rsquo;s boring. \u0026ldquo;I love vanilla. It makes me pretty happy.\u0026rdquo; He will no doubt be making a lot of customers happy when Aiskrimu opens its doors.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Atlanta Commercial Property Improvement Grant is part of the Atlanta Open for Business program made possible through a $20 million donation from Wells Fargo in partnership with the United Way of Greater Atlanta and Invest Atlanta.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":471,"title":"Revitalizing Remerge","promo_title":"Revitalizing Remerge","published_date":"2023-02-27","featured_image":{"id":2334,"parent_id":142,"resource_file_name":"remerge_3.jpg","resource_content_type":"image/jpeg","resource_file_size":571764,"resource_updated_at":"2023-02-27T12:31:02.285-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2023-02-27T12:31:03.643-05:00","updated_at":"2024-03-04T13:27:15.997-05:00","filename_hash":"remerge_3_Rzqp825.jpg","width":2137,"height":1137},"filename":"revitalizing-remerge","meta_data_id":null,"published":true,"token":"UbSD6w","created_at":"2023-02-27T12:31:42.272-05:00","updated_at":"2023-02-27T12:31:42.272-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board has approved $489,000 from the Eastside Tax Allocation District (TAD) Community Empower Fund to assist in the rehabilitation of a historic, distressed property in the Sweet Auburn District.\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board has approved $489,000 from the Eastside Tax Allocation District (TAD) Community Empower Fund to assist in the rehabilitation of a historic, distressed property in the Sweet Auburn District.\u003c/p\u003e\r\n\r\n\u003cp\u003eLocated at the corner of Auburn Avenue and Old Wheat Street, the space will be owned and occupied by community-based nonprofit Remerge, which serves the Sweet Auburn community. This redevelopment will expand Remerge\u0026rsquo;s current operations at 340 Auburn Ave., where it has been operating since 2018.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project site at 597 Auburn Ave. is 2,700 square feet and has been rezoned for commercial use. The building will be fully renovated to bring the structure up to code and will include updated finishes and the addition of a mezzanine floor.\u003c/p\u003e\r\n\r\n\u003cp\u003eSince gaining a long-term home in Sweet Auburn, Remerge has assisted more than 3,000 families and businesses. Its programs have evolved, and the team has grown, increasing the need for more dedicated workspace, community meeting space and programming. This expansion will allow Remerge to shift its Community Building Studio programs and staff office space to the new facility and designate 340 Auburn as an Arts Center and a base for continued neighborhood outreach activities.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe additional space at 597 Auburn will enable new programming within the Community Building Studio, including the Women\u0026rsquo;s Microentrepreneur Coaching Program, which supports economically vulnerable women around Atlanta who are ready to take their small businesses or side gigs from surviving to thriving. This new facility will offer these entrepreneurs space to incubate their businesses, including additional in-person educational workshops, appointments with technical experts, access to shared technology resources, as well as a flexible creative space that accommodates children.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Sweet Auburn\n\u003c/span\u003e\n"},{"id":463,"title":"Affordability in English Avenue and Vine City","promo_title":"Affordability in English Avenue and Vine City","published_date":"2022-11-28","featured_image":{"id":2150,"parent_id":135,"resource_file_name":"west1.jpg","resource_content_type":"image/jpeg","resource_file_size":80062,"resource_updated_at":"2022-11-28T10:38:13.217-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-11-28T10:38:13.927-05:00","updated_at":"2022-11-28T10:40:11.764-05:00","filename_hash":"west1_r9Dq3qW.jpg","width":855,"height":778},"filename":"affordability-in-english-avenue-and-vine-city","meta_data_id":null,"published":true,"token":"wnhI7A","created_at":"2022-11-28T10:40:11.542-05:00","updated_at":"2022-11-28T10:40:11.542-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta is working with five, neighborhood-based developers that will redevelop 14 residential properties in the English Avenue and Vine City neighborhoods \u0026ndash; resulting in the new construction or redevelopment of seven for-sale units and 42 rental units.\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta is working with five, neighborhood-based developers that will redevelop 14 residential properties in the English Avenue and Vine City neighborhoods \u0026ndash; resulting in the new construction or redevelopment of seven for-sale units and 42 rental units.\u003c/p\u003e\r\n\r\n\u003cp\u003eAtlanta Land Trust \u0026amp; Urban Oasis Development; Barn Owl Real Estate 7, LLC; Hagar Civilization Training Missionary, Inc.; oaksATL, Inc.; and Westside Future Fund will offer a variety of for-sale and rental housing options and are committed to preserving long-term affordability. Each developer has proposed a complementary housing design to maintain the community\u0026rsquo;s architectural character.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe for-sale properties will ensure long-term affordability through the Atlanta Land Trust at 80-120% area median income (AMI), while the rental properties will have 99-year ground leases with Invest Atlanta for permanent affordability at 50-80% AMI.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":464,"title":"Habitat for Humanity to Build New Development","promo_title":"Habitat for Humanity to Build New Development","published_date":"2022-11-28","featured_image":{"id":2151,"parent_id":135,"resource_file_name":"hab2.jpg","resource_content_type":"image/jpeg","resource_file_size":103761,"resource_updated_at":"2022-11-28T10:58:01.218-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-11-28T10:58:02.022-05:00","updated_at":"2022-11-28T11:00:50.183-05:00","filename_hash":"hab2_w5Zq4kJ.jpg","width":1032,"height":499},"filename":"habitat-for-humanity-to-build-new-development","meta_data_id":null,"published":true,"token":"rKILZA","created_at":"2022-11-28T11:00:50.122-05:00","updated_at":"2022-11-28T11:00:50.122-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta Habitat for Humanity, Inc., has been approved for $2 million in Housing Opportunity Bond Funds \u0026ndash; Nonprofit for the construction of 64 single-family, for-sale units in the Orchard Knob neighborhood.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Habitat for Humanity, Inc., has been approved for $2 million in Housing Opportunity Bond Funds \u0026ndash; Nonprofit for the construction of 64 single-family, for-sale units in the Orchard Knob neighborhood. Located on Browns Mill Road in Southeast Atlanta, \u003cstrong\u003eBrowns Mill Village\u003c/strong\u003e will feature 64 units at 80% area median income (AMI).\u003c/p\u003e\r\n\r\n\u003cp\u003eAtlanta Habitat for Humanity prices homes at market rate before writing down the first mortgage to an amount the buyer can afford and structures a 30-year, interest-free first mortgage that ensures long-term affordability. Atlanta Habitat for Humanity also includes a shared equity provision and buy-back clause, providing first right of refusal to purchase the home if the mortgage is outstanding.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":462,"title":"Brownfield Loan Fund Helps Remediate Historic Structure","promo_title":"Brownfield Loan Fund Helps Remediate Historic Structure","published_date":"2022-11-28","featured_image":{"id":2149,"parent_id":135,"resource_file_name":"bf1.jpg","resource_content_type":"image/jpeg","resource_file_size":38954,"resource_updated_at":"2022-11-28T10:29:21.336-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-11-28T10:29:22.018-05:00","updated_at":"2022-11-28T13:45:09.525-05:00","filename_hash":"bf1_ZWjJrwP.jpg","width":512,"height":345},"filename":"brownfield-loan-fund-helps-remediate-historic-structure","meta_data_id":null,"published":true,"token":"ueJZ5A","created_at":"2022-11-28T10:29:35.138-05:00","updated_at":"2022-11-28T13:45:01.890-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n A $50,000 brownfield clean-up sub-grant awarded to Remerge Inc., will help facilitate the reuse of a vacant historic structure on Auburn Avenue into a community asset.\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eA $50,000 brownfield clean-up sub-grant awarded to Remerge Inc., will help facilitate the reuse of a vacant historic structure on Auburn Avenue into a community asset.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta Board approved the grant for the nonprofit, which serves a vulnerable population that is underserved or threatened with displacement due to dysfunctional community structures, such as embodied racism, poverty, social isolation, environmental abuse and corruption.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe grant will help Remerge remediate 597 Auburn Ave., which includes addressing heavy metal impacts in shallow soil that otherwise risk exposure to the site occupants and neighboring community. Once complete, Remerge will use the property as offices and a job incubator space to support its goals.\u003c/p\u003e\r\n\r\n\u003cp\u003eFunded by the U.S. Environmental Protection Agency (EPA), the Brownfield Revolving Loan Fund helps finance the remediation of properties whose expansion, reuse or redevelopment may be complicated by the presence of a hazardous substance, pollutant or contaminant.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Sweet Auburn\n\u003c/span\u003e\n"},{"id":452,"title":"Historic Theatrical Outfit to Undergo Renovations","promo_title":"Historic Theatrical Outfit to Undergo Renovations","published_date":"2022-09-21","featured_image":{"id":2056,"parent_id":127,"resource_file_name":"balzer_3.jpg","resource_content_type":"image/jpeg","resource_file_size":141536,"resource_updated_at":"2022-09-21T11:47:12.683-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-09-21T11:47:12.718-04:00","updated_at":"2022-09-21T11:47:48.544-04:00","filename_hash":"balzer_3_3kwmYjl.jpg","width":904,"height":618},"filename":"historic-theatrical-outfit-to-undergo-renovations","meta_data_id":null,"published":true,"token":"0K89ig","created_at":"2022-09-21T11:47:48.402-04:00","updated_at":"2022-09-21T11:47:48.402-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta\u0026rsquo;s second-oldest professional theater will soon receive a $2 million renovation with financial assistance from a $200,000 Westside TAD Downtown Fa\u0026ccedil;ade Improvement Grant.\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta\u0026rsquo;s second-oldest professional theater will soon receive a $2 million renovation with financial assistance from a $200,000 Westside TAD Downtown Fa\u0026ccedil;ade Improvement Grant.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn 2005, the Theatrical Outfit, which has been operating in Atlanta for 45 years, purchased and renovated the historic Herren\u0026rsquo;s Restaurant building at 84 Luckie St., making it their permanent home. Herren\u0026rsquo;s Restaurant was a prominent business in downtown Atlanta from 1934 until 1987, after which the building remained vacant until it was purchased by Bill Balzer and donated to Theatrical Outfit in 2005.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Theatrical Outfit is now undertaking a $2 million renovation of the Balzer Theater to include expansion of the lobby space, updates to the interior and restoration of the fa\u0026ccedil;ade to create a more visible storefront that historically aligns with the original exterior design.\u003c/p\u003e\r\n\r\n\u003cp\u003eOther improvements will include a new energy-efficient LED display marquee signage and new and enlarged windows. What\u0026rsquo;s more, the original Herren\u0026rsquo;s sign, which is currently mounted on an interior stairwell, will be relocated to the lobby and illuminated to ensure visibility from the street.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Site Selection\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":451,"title":"Capping The Connector","promo_title":"Capping The Connector","published_date":"2022-09-21","featured_image":{"id":2055,"parent_id":127,"resource_file_name":"stitch_4.jpg","resource_content_type":"image/jpeg","resource_file_size":58026,"resource_updated_at":"2022-09-21T11:44:22.227-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-09-21T11:44:22.733-04:00","updated_at":"2022-09-21T11:44:54.146-04:00","filename_hash":"stitch_4_ZWQmMlK.jpg","width":585,"height":449},"filename":"capping-the-connector","meta_data_id":null,"published":true,"token":"FwDNzA","created_at":"2022-09-21T11:44:54.110-04:00","updated_at":"2022-09-21T11:44:54.110-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta\u0026rsquo;s central business district is one step closer to a transformative infrastructure project that will cap the connector with an expansive urban greenspace corridor.\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta\u0026rsquo;s central business district is one step closer to a transformative infrastructure project that will cap the connector with an expansive urban greenspace corridor.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe City of Atlanta (DOT) plans to construct a public infrastructure over the section of Interstate 75/85, known as The Connector, between the Civic Center MARTA rail station at West Peachtree Street and Piedmont Avenue. With help from a $10 million Eastside Tax Allocation District (TAD) grant, The Stitch will unite the two sides of downtown currently divided by I-75/85 with a 3\u0026frasl;4-mile long, 14-acre series of elevated, interconnected parks, plazas, walking trails and new street connections.\u003c/p\u003e\r\n\r\n\u003cp\u003eNot only will The Stitch spur new land use on adjacent and nearby sites that are currently underutilized and blighted by the impacts of exposure to the interstate highway, it also has the potential to increase property tax revenues by spurring development on adjacent sites.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe City of Atlanta and the Atlanta Downtown Improvement District (ADID) have already secured over $4 million in funding to support initial planning and concept design for The Stitch. The next step to advance the project is completing the preliminary project engineering \u0026ndash; a scope of work totaling $21 million.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe City and ADID requested the $10 million Eastside TAD grant as part of a 50/50 match funding for a USDOT Reconnecting Communities Pilot Grant Program. The $10 million grant will be combined with $500,000 from ADID to leverage $10.5 million from the grant program, securing the total need of $21 million in funding to complete preliminary engineering activities for The Stitch.\u003c/p\u003e\r\n\r\n\u003cp\u003eCompletion of preliminary engineering will make The Stitch shovel-ready and eligible for Federal funding sources to support construction.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Downtown\n\u003c/span\u003e\n"},{"id":448,"title":"Preserving Black Atlanta","promo_title":"Preserving Black Atlanta ","published_date":"2022-07-27","featured_image":{"id":2007,"parent_id":124,"resource_file_name":"1658781525427.jpg","resource_content_type":"image/jpeg","resource_file_size":634467,"resource_updated_at":"2022-07-27T13:53:18.405-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-07-27T13:53:18.474-04:00","updated_at":"2022-07-27T13:53:26.094-04:00","filename_hash":"1658781525427_aWXykpE.jpg","width":1920,"height":1080},"filename":"preserving-black-atlanta","meta_data_id":null,"published":true,"token":"-HQqVw","created_at":"2022-07-27T13:53:26.063-04:00","updated_at":"2022-07-27T13:53:26.063-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Two historic homes in Vine City, owned by notable Black Atlantans, will soon be restored and preserved with help from a $1 million grant from the National Park Service (NPS) to Preserve Black Atlanta (PBA).\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eTwo historic homes in Vine City, owned by notable Black Atlantans, will soon be restored and preserved with help from a $1 million grant from the National Park Service (NPS) to Preserve Black Atlanta (PBA).\u003c/p\u003e\r\n\r\n\u003cp\u003ePBA is a nonprofit that identifies and advocates for the preservation of buildings and landmarks that document the historical narrative of Black Atlantans. The grant will assist in the restoration of historic homes once owned by George Alexander Towns and Grace Towns Hamilton\u0026ndash;both of whom are tied to the long organizational history of the Civil Rights Movement.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eGeorge Towns built his own home in 1910. As a co-founder of the Niagara Movement and the Atlanta branch of the NAACP, he often held meetings at his home with James W. Johnson, W.E.B. Du Bois and Walter White.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eGrace Towns Hamilton completed her home in 1956. She was the executive director of the Atlanta Urban League, and in 1966, became the first African-American woman elected to serve in the Georgia House of Representatives.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe homes, which are now owned by Invest Atlanta, have been vacant and subject to vandalism and vagrancy for several years. Invest Atlanta and PBA applied for the grant with the goal of restoring their historic integrity and leveraging them as a community resource and educational space in the future.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Atlanta has a proud legacy of leadership in civil and human rights, and we are truly fortunate to live in a city where we are surrounded by tangible history of movements and their leaders,\u0026rdquo; said Atlanta Mayor Andre Dickens. \u0026ldquo;Thank you to the National Park Service, Preserve Black Atlanta and Invest Atlanta for helping us preserve that legacy for future generations.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAccording to Dr. Eloisa Klementich, president and CEO of Invest Atlanta, historic preservation is a proven catalyst for economic development. \u0026ldquo;Not only does the historic preservation of buildings help to give people a sense of place and connection to the past,\u0026rdquo; she said, \u0026ldquo;it also drives significant growth in that it helps enhance real estate values and attracts investment and tourism to a community.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe PBA grant is part of $16,247,500 in African American Civil Rights grants awarded by the Historic Preservation Fund, as administered by the National Park Service, Department of Interior.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n West End\n\u003c/span\u003e\n"},{"id":449,"title":"New Fire Station Coming to Almond Park Community","promo_title":"New Fire Station Coming to Almond Park Community","published_date":"2022-07-27","featured_image":{"id":2008,"parent_id":124,"resource_file_name":"fire_station_3.jpg","resource_content_type":"image/jpeg","resource_file_size":135053,"resource_updated_at":"2022-07-27T13:55:23.474-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-07-27T13:55:23.512-04:00","updated_at":"2022-07-27T13:56:14.200-04:00","filename_hash":"fire_station_3_YWDoyyv.jpg","width":1850,"height":619},"filename":"new-fire-station-coming-to-almond-park-community","meta_data_id":null,"published":true,"token":"sagS-A","created_at":"2022-07-27T13:56:14.179-04:00","updated_at":"2022-07-27T13:56:14.179-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The construction of a new fire station on Hollywood Road will soon resume, improving response times and safety for local residents seeking emergency services.\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe construction of a new fire station on Hollywood Road will soon resume, improving response times and safety for local residents seeking emergency services.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta Board approved a $5.1 million grant from the Perry Bolton Tax Allocation District (TAD) to complete the construction of the new facility known as Atlanta Fire and Rescue Department (AFRD) Fire Station #22.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 17,000-square-foot building will replace the original 1938 fire station at 817 Hollywood Road, which was outdated and out of service. The new facility, located at 855 Hollywood Road, will house administrative offices, a living dormitory and storage spaces for AFRD personnel, tools, equipment and fire apparatus.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project was previously awarded a $1 million Perry Bolton TAD grant in 2019. Construction began in early 2021 but was halted because of challenges with the general contractor and an inability to acquire critical materials. The City of Atlanta retained a new general contractor and revised the total project cost to include an additional interior buildout and equipment covered by the approved new grant funding.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":447,"title":"Innovative Affordability in Grove Park Community","promo_title":"Innovative Affordability in Grove Park Community","published_date":"2022-07-27","featured_image":{"id":2006,"parent_id":124,"resource_file_name":"grove_park_4.jpg","resource_content_type":"image/jpeg","resource_file_size":51746,"resource_updated_at":"2022-07-27T13:46:13.338-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-07-27T13:46:13.367-04:00","updated_at":"2022-07-27T13:46:50.930-04:00","filename_hash":"grove_park_4_bw324X8.jpg","width":936,"height":459},"filename":"innovative-affordability-in-grove-park-community","meta_data_id":null,"published":true,"token":"GIHJMA","created_at":"2022-07-27T13:46:50.896-04:00","updated_at":"2022-07-27T13:46:50.896-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n To help very-low-income families, especially those at risk of displacement, the Invest Atlanta Board approved $1.8 million in Housing Opportunity Bond Funds for the construction of affordable, single-family scattered site rental units in the Grove Park community.\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eTo help very-low-income families, especially those at risk of displacement, the Invest Atlanta Board approved $1.8 million in Housing Opportunity Bond Funds for the construction of affordable, single-family scattered site rental units in the Grove Park community.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project, located at 1842 Markone Street, is in close proximity to mass transit and will be developed by Grove Park Renewal Rentals \u0026ndash; a nonprofit focused on empowering communities through high quality, dignified housing.\u003c/p\u003e\r\n\r\n\u003cp\u003eGrove Park Renewal currently owns 10 parcels that will be used to create 40 units. There will be two structures on each parcel \u0026ndash; a primary unit and a detached accessory dwelling unit \u003cstrong\u003e(\u003c/strong\u003eADU) \u0026ndash; that will house four separate living units. Affordability will include 30%, 50% and 80% of area median income (AMI) units \u0026ndash; 12 of which will be permanently affordable and 10 will be deed restricted. In addition, Atlanta Housing Choice Vouchers will be available for 10 units.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":444,"title":"New Small Business Loan Program Opens ","promo_title":"New Small Business Loan Program Opens ","published_date":"2022-06-22","featured_image":{"id":1958,"parent_id":7,"resource_file_name":"tk_atlanta_open_for_business_fund_site_mantle6_page_2.png","resource_content_type":"image/png","resource_file_size":638493,"resource_updated_at":"2022-06-13T13:45:55.526-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-06-13T13:45:56.416-04:00","updated_at":"2023-07-24T13:39:56.160-04:00","filename_hash":"tk_atlanta_open_for_business_fund_site_mantle6_page_2_4BDVEJm.png","width":1306,"height":500},"filename":"new-small-business-loan-program-opens","meta_data_id":null,"published":true,"token":"rZr2wg","created_at":"2022-06-22T17:11:59.064-04:00","updated_at":"2022-06-22T17:11:59.064-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eWith support from Wells Fargo, Invest Atlanta and United Way of Greater Atlanta (UWGA) launched a new loan program to help Atlanta small businesses.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Atlanta Recovery Loan Program is a $5.7 million program, offering low-cost loans to help small businesses grow ownership of tangible assets to help them build wealth and avoid displacement due to changing economic conditions. It is the first of four initiatives Invest Atlanta and UWGA will roll out as a part of the Atlanta Open for Business Fund.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Without adequate financing to survive disruptions like the pandemic, most small businesses struggle to maintain their companies, let alone attain assets to grow them,\u0026rdquo; said Mayor Andre Dickens. \u0026ldquo;This program will serve as yet another invaluable asset to help Atlantans build a resilient foundation for their companies.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This resource is a strategy to help small businesses purchase commercial property and assets for growth so they can develop generational wealth and increase economic mobility that enhances their communities,\u0026rdquo; said Dr. Eloisa Klementich, president and CEO of Invest Atlanta. \u0026ldquo;This loan program will help more businesses recover quickly and open a pathway to growth for all.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eEligible businesses include existing businesses with less than 500 employees, partnerships or sole proprietorships and nonprofits with a focus on diverse-led or supporting diverse communities. Businesses in all commercial areas in the city of Atlanta, including those operating on City of Atlanta-owned property, are eligible.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe maximum direct loan amount is $25,000 - $100,000 at an interest rate not to exceed 3% repaid monthly over a term not to exceed seven years, providing businesses access to lower-cost, fixed-rate capital in a market where interest rates are rising.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Atlanta Open for Business Fund is made possible through a $20 million donation from Wells Fargo, offering a mix of grants and loan programs with a focus on diverse-owned businesses.\u003c/p\u003e\r\n\r\n\u003cp\u003eTo learn more about the Atlanta Recovery Loan Program and to apply, visit \u003ca href=\"http://www.investatlanta.com/atlantarecovery\"\u003ewww.investatlanta.com/atlantarecovery\u003c/a\u003e.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":436,"title":"Tax Allocation District (TAD) Investments at Work","promo_title":"Tax Allocation District (TAD) Investments at Work","published_date":"2022-02-23","featured_image":{"id":1856,"parent_id":5,"resource_file_name":"umc1.jpg","resource_content_type":"image/jpeg","resource_file_size":342480,"resource_updated_at":"2022-02-23T11:09:54.918-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-02-23T11:09:55.112-05:00","updated_at":"2022-02-23T11:10:52.986-05:00","filename_hash":"umc1_jpPDl1V.jpg","width":2200,"height":1166},"filename":"tax-allocation-district-tad-investments-at-work","meta_data_id":null,"published":true,"token":"PdsFCg","created_at":"2022-02-23T11:10:52.913-05:00","updated_at":"2022-02-23T11:10:52.913-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board has approved $3.51 million across three TAD grant funds to help finance projects that increase affordable housing and revitalize a commercial building along a key Atlanta corridor.\u003c/p\u003e\r\n\r\n\u003cp\u003eA $250,000 grant from the\u003cstrong\u003e Eastside TAD Pre-Development Loan\u003c/strong\u003e (Evergreen) was approved to begin Phase 1 of development for \u003cstrong\u003e360 Peachtree\u003c/strong\u003e. Located on Atlanta First United Methodist Church\u0026rsquo;s surface parking lots, the 16-story building will be constructed over a shared, four-story podium building and feature the new Atlanta First Day School (AFDS) and Ansley School building, a parking garage, approximately 5,000 square feet of retail space, as well as 170 units of housing. Housing affordability will include 42 units at 30% AMI, 85 units at 50% AMI, 19 units at 60% AMI and 24 units at market rate.\u003c/p\u003e\r\n\r\n\u003cp\u003eUp to $2.6 million in Pay-As-You-Go financing from the \u003cstrong\u003eCampbellton Road TAD,\u003c/strong\u003e along with $25 million in tax exempt bonds, will pave the way for the new construction of \u003cstrong\u003eBrentwood Commons.\u003c/strong\u003e The modern, 113-unit, three-story housing development will bring workforce and affordable housing to the Campbellton Road neighborhood. Affordability will include 36 units at 50% AMI, 54 units at 60% AMI and 18 units at 80% AMI. Five units will be sold at market rate.\u003c/p\u003e\r\n\r\n\u003cp\u003eA \u003cstrong\u003eWestside TAD Resurgens Fund\u003c/strong\u003e totaling $660,000 will aid in the renovation of a commercial building in the Vine City neighborhood. The property, located at \u003cstrong\u003e201 Joseph E. Lowery\u003c/strong\u003e, is owned by experienced entrepreneurs with roots in the neighborhood who are wanting to operate their businesses from a single location. The original house was constructed in 1930 and a large addition was completed in 1961. The property has been vacant for more than 15 years. The total leasable space is approximately 11,724 square feet, and the owners will lease 8,400 square feet for their financial services, accounting, martial arts and nonprofit businesses. Up to 16 spaces of various sizes will be created for small businesses with compatible services, and there will be roughly 1,600 square feet of meeting/event space available.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Site Selection\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":427,"title":"Preserving Grove Park Affordability","promo_title":"Preserving Grove Park Affordability","published_date":"2021-11-22","featured_image":{"id":1760,"parent_id":83,"resource_file_name":"gpf_map.jpg","resource_content_type":"image/jpeg","resource_file_size":143631,"resource_updated_at":"2021-11-22T15:56:44.360-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-11-22T15:56:44.392-05:00","updated_at":"2021-11-22T16:04:55.029-05:00","filename_hash":"gpf_map_2ayyo1Y.jpg","width":914,"height":814},"filename":"preserving-grove-park-affordability","meta_data_id":null,"published":true,"token":"235l1g","created_at":"2021-11-22T16:04:54.985-05:00","updated_at":"2021-11-22T16:04:54.985-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n With a $1 million grant approved by the Invest Atlanta Board, the Grove Park Foundation is helping to preserve and deepen affordability in the Grove Park neighborhood.\u003cbr /\u003e\r\n\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eWith a $1 million grant approved by the Invest Atlanta Board, the Grove Park Foundation is helping to preserve and deepen affordability in the Grove Park neighborhood.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Grove Park Foundation is implementing its neighborhood housing strategy through a phased approach of acquiring and rehabilitating homes in the Grove Park neighborhood. Over a three-year period, the foundation aims to acquire and rehabilitate properties near the Westside Reservoir Park to ensure long-term, permanent affordability.\u003c/p\u003e\r\n\r\n\u003cp\u003eFunding from the Perry Bolton Tax Allocation District (TAD) paves the way for the construction of 14 for-sale homes and will help the Grove Park Foundation offer these homes to income-qualified homebuyers, many of whom are existing Grove Park residents, at no more than 80% area median income.\u003c/p\u003e\r\n\r\n\u003cp\u003eDawn Arnold, executive vice president and COO of Invest Atlanta, believes this project is vital because much of the inventory in the neighborhood consists of aging, single-family homes. \u0026ldquo;Many of the current occupants could be pushed out if we don\u0026rsquo;t do something,\u0026rdquo; said Arnold. \u0026ldquo;It\u0026rsquo;s great to see the work that the Grove Park Foundation is doing, especially given the pressures of gentrification. We are being respectful and intentional about retaining these legacy residents.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;It literally costs more to construct these homes then they\u0026rsquo;re able to sell them at,\u0026rdquo; added Invest Atlanta Board Member Randy Hazelton. \u0026ldquo;This grant really helps to close that gap. This also speaks to the pure intentionality of affordability in that [the Grove Park Foundation] is making no profit. I commend the effort and intention.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Homebuying/ Homeownership\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":428,"title":"Enhancing the English Avenue Corridor","promo_title":"Enhancing the English Avenue Corridor","published_date":"2021-11-22","featured_image":{"id":1757,"parent_id":83,"resource_file_name":"557_lindsay_street.jpg","resource_content_type":"image/jpeg","resource_file_size":66048,"resource_updated_at":"2021-11-22T15:56:43.748-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-11-22T15:56:44.238-05:00","updated_at":"2021-11-22T16:14:08.979-05:00","filename_hash":"557_lindsay_street_2ayyo1Y.jpg","width":1029,"height":570},"filename":"enhancing-the-english-avenue-corridor","meta_data_id":null,"published":true,"token":"Zy4YhQ","created_at":"2021-11-22T16:14:08.959-05:00","updated_at":"2021-11-22T16:14:08.959-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board voted to approve a grant up to $534,000 from the Westside Tax Allocation District (TAD) to oaksATL Community Development LLC for the development of a neighborhood-scale, mixed-use development on Lindsay Street.\u003cbr /\u003e\r\n\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board voted to approve a grant up to $534,000 from the Westside Tax Allocation District (TAD) to oaksATL Community Development LLC for the development of a neighborhood-scale, mixed-use development on Lindsay Street.\u003c/p\u003e\r\n\r\n\u003cp\u003eoaksATL is a non-profit development entity associated with Peace Preparatory Academy in the English Avenue neighborhood. Together they support low-income families holistically through access to quality education, safe and affordable housing and proximity to parks and employment. Housed in the Lindsey Street Baptist Church directly across from the future development, Peace Preparatory Academy serves school-aged children from pre-K through fifth grade.\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce complete, 557 Lindsay Street will be a three-story development that includes affordable multifamily units over a ground floor retail and office space. The development will feature six, two-bedroom, two-bath units priced for households earning between 50-60% area median income, about $47,000 a year for a four-person family. The ground floor will contain community-oriented retail and office space, in addition to a community laundry facility.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I want to draw attention to the fact that [oaksATL] is creating housing for families who are attending the school,\u0026rdquo; said Fred O. Smith, Invest Atlanta Board member. \u0026ldquo;One challenge when it comes to education is that housing instability causes people to move from school to school to school, and it\u0026rsquo;s really difficult for kids to keep up. This is really one of the most exciting [projects] at this level of affordability. It\u0026rsquo;s exciting that we can be a part of it.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn 2020, oaksATL was awarded $1 million in Westside TAD Community Improvement Fund grants to finance the renovation of 31 deeply affordable multifamily units in three buildings in English Avenue, which are complete and fully leased. The Lindsay Street project will augment these existing developments.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Homebuying/ Homeownership\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":421,"title":"Permanent Affordability Comes to Westside Park Neighborhoods","promo_title":"Permanent Affordability Comes to Westside Park Neighborhoods","published_date":"2021-09-23","featured_image":{"id":1699,"parent_id":78,"resource_file_name":"picture1.png","resource_content_type":"image/png","resource_file_size":749014,"resource_updated_at":"2021-09-23T11:39:18.372-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-09-23T11:39:18.424-04:00","updated_at":"2021-09-23T11:40:39.616-04:00","filename_hash":"picture1_gvwMJeN.png","width":1047,"height":820},"filename":"permanent-affordability-comes-to-westside-park-neighborhoods","meta_data_id":null,"published":true,"token":"xQvV5Q","created_at":"2021-09-23T11:40:39.588-04:00","updated_at":"2021-09-23T11:40:39.588-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Urban Oasis Catalyst, LLC, has closed on a $2.6 million forgivable loan from the Perry Bolton Tax Allocation District (TAD) to finance the acquisition and development of new affordable and workforce housing in Northwest Atlanta.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2000","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Urban Oasis Catalyst, LLC, has closed on a $2.6 million forgivable loan from the Perry Bolton Tax Allocation District (TAD) to finance the acquisition and development of new affordable and workforce housing in Northwest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe housing will feature single-family options in the Carey, Almond, and Grove Park neighborhoods, including duplexes and accessory dwelling units (ADUs). It will create much-needed permanent affordability, through a partnership with the Atlanta Land Trust.\u003c/p\u003e\r\n\r\n\u003cp\u003eUrban Oasis purchased nearly 12 acres of largely undeveloped land and five vacant homes, and will create 65 housing units\u0026mdash;10 rental and 55 for sale. Homes will be built to Earthcraft specifications, and 30 of the available units will maintain permanent affordability.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Affordable housing is not just a goal, it is our passion,\u0026rdquo; says Dr. Eloisa Klementich, president and CEO of Invest Atlanta. \u0026ldquo;I am proud that we have achieved another permanent, equitable and affordable housing development for families in our city.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAdditionally, homebuyers at 80% Area Median Income (AMI) and below, purchasing permanently affordable units, are eligible for $20,000 in down payment assistance from the newly approved Perry Bolton TAD Mortgage Assistance Program. Homebuyers over 80% and up to 120% AMI are eligible for $10,000 in down payment assistance.\u003c/p\u003e\r\n\r\n\u003cp\u003eUrban Oasis has engaged in ongoing conversations with a broad group of community stakeholders, including the Grove Park Neighborhood Association\u0026mdash;all of which have expressed their support for this project.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project is significant because for-sale affordability can be difficult to create and preserve. It is a good example of how Invest Atlanta and its partners work together for the greater good of the community.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Homebuying/ Homeownership\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":418,"title":"Walking With Heroes in Sweet Auburn","promo_title":"Walking With Heroes in Sweet Auburn","published_date":"2021-08-25","featured_image":{"id":1675,"parent_id":5,"resource_file_name":"hero_walk.png","resource_content_type":"image/png","resource_file_size":10365430,"resource_updated_at":"2021-08-26T11:28:42.340-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-08-26T11:28:43.253-04:00","updated_at":"2021-08-26T11:37:02.645-04:00","filename_hash":"hero_walk_YBeerem.png","width":6912,"height":3456},"filename":"hero-walk","meta_data_id":null,"published":true,"token":"i4iDvA","created_at":"2021-08-26T11:35:31.619-04:00","updated_at":"2021-08-26T11:37:02.625-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n New improvements are coming soon to the Historic Sweet Auburn District.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cdiv\u003e\r\n\u003cp paraeid=\"{569d2d0a-1edb-40d6-a01d-29f94df3073e}{116}\" paraid=\"70717950\"\u003eThe\u0026nbsp;revitalization of the\u0026nbsp;Historic Sweet Auburn District\u0026nbsp;continues with plans for\u0026nbsp;a new Hero Walk,\u0026nbsp;thanks to\u0026nbsp;funding\u0026nbsp;support\u0026nbsp;from\u0026nbsp;a $200,000\u0026nbsp;Eastside Tax Allocation District (TAD)\u0026nbsp;grant approved by the Invest Atlanta Board.\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{569d2d0a-1edb-40d6-a01d-29f94df3073e}{116}\" paraid=\"70717950\"\u003eWalking With Heroes\u0026nbsp;is a\u0026nbsp;first-ever capital campaign\u0026nbsp;created to\u0026nbsp;enhance the public experience in the Sweet Auburn Historic District for key neighborhood revitalization and historic preservation projects. The\u0026nbsp;campaign\u0026nbsp;will\u0026nbsp;spotlight\u0026nbsp;Sweet Auburn\u0026rsquo;s identity with\u0026nbsp;a\u0026nbsp;curated pedestrian\u0026nbsp;walk\u0026nbsp;that tells\u0026nbsp;the\u0026nbsp;stories of Atlanta\u0026rsquo;s Black heroes\u0026nbsp;both\u0026nbsp;past and present.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{569d2d0a-1edb-40d6-a01d-29f94df3073e}{116}\" paraid=\"70717950\"\u003eThe\u0026nbsp;1.1-mile Hero Walk will navigate participants from the Jackson Street Bridge to the Historic Oakland Cemetery and pay homage to the late Congressman John Lewis within the broader context of many notable spiritual, civic and political leaders whose legacies also are rooted in Sweet Auburn.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{569d2d0a-1edb-40d6-a01d-29f94df3073e}{116}\" paraid=\"70717950\"\u003e\u0026ldquo;It\u0026rsquo;s true not just for visitors but for those who live here to have a place to help us reflect on who came before us,\u0026rdquo; said\u0026nbsp;Invest Atlanta Board Member Fred Smith.\u0026nbsp;\u0026ldquo;This is an area that goes to the heart of our identity as a city.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{569d2d0a-1edb-40d6-a01d-29f94df3073e}{116}\" paraid=\"70717950\"\u003eThe Historic Sweet Auburn District will also\u0026nbsp;receive\u0026nbsp;streetscape\u0026nbsp;enhancements, along Edgewood and Auburn Avenues, to support redevelopment initiatives and increase commercial and residential\u0026nbsp;activity.\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{569d2d0a-1edb-40d6-a01d-29f94df3073e}{116}\" paraid=\"70717950\"\u003eThe Sweet Auburn Community Infrastructure Initiative, supported by Central Atlanta\u0026nbsp;Progress, received\u0026nbsp;a $2.5 million Eastside TAD\u0026nbsp;grant to\u0026nbsp;help finance sidewalks, traffic calming measures, wayfinding, lighting, security and vacant lot activation, a retail accelerator fund for entrepreneurs of color in the district, and capacity building for Sweet Auburn Works.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{569d2d0a-1edb-40d6-a01d-29f94df3073e}{116}\" paraid=\"70717950\"\u003eTogether, these projects will create synergies between existing assets, investments, and stakeholders, and mobilize a broader community-driven vision for the future of Sweet Auburn\u0026mdash;ultimately bringing what was once the heart of Atlanta to new levels of growth.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{569d2d0a-1edb-40d6-a01d-29f94df3073e}{116}\" paraid=\"70717950\"\u003e\u0026ldquo;I walked the corridor last week, and it\u0026rsquo;s great to see a number of people visiting the city and also those who live in the city who clearly have an interest in this area and learning more,\u0026rdquo;\u0026nbsp;said\u0026nbsp;Invest Atlanta Board\u0026nbsp;Member\u0026nbsp;Todd Greene. \u0026ldquo;This is a much-needed amenity that will hopefully catalyze some of the other redevelopment efforts needed to preserve\u0026nbsp;and celebrate\u0026nbsp;our history.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\u003c/div\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Sweet Auburn\n\u003c/span\u003e\n"},{"id":417,"title":"Funding Approved for 600 Affordable Housing Units","promo_title":"Funding Approved for 600 Affordable Housing Units","published_date":"2021-08-25","featured_image":{"id":1674,"parent_id":5,"resource_file_name":"image.png","resource_content_type":"image/png","resource_file_size":466388,"resource_updated_at":"2021-08-26T10:51:14.531-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-08-26T10:51:15.011-04:00","updated_at":"2021-08-26T11:00:51.482-04:00","filename_hash":"image_qNggJDo.png","width":627,"height":367},"filename":"funding-approved-for-600-affordable-housing-units","meta_data_id":null,"published":true,"token":"CdSF0g","created_at":"2021-08-26T10:53:36.373-04:00","updated_at":"2021-08-26T11:00:51.463-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cdiv\u003e\r\n\u003cp paraeid=\"{bb7ef10d-f3bd-495a-a35b-923df5b44945}{141}\" paraid=\"1111631109\"\u003eThe Invest Atlanta Board has approved $72.6 million in resolutions to fund a variety of multifamily and single-family housing options and provide deeper affordability in growing areas of the city where rents are increasing.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{bb7ef10d-f3bd-495a-a35b-923df5b44945}{141}\" paraid=\"1111631109\"\u003eThe approved resolutions will help finance the creation and rehabilitation of 600 new affordable housing units in several Atlanta neighborhoods, including\u0026nbsp;Peoplestown, Old Fourth Ward, Vine City and\u0026nbsp;Reynoldstown. Rental rates will range from 30 to 80% of the area median income (AMI) or below.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch4 paraeid=\"{bb7ef10d-f3bd-495a-a35b-923df5b44945}{141}\" paraid=\"1111631109\"\u003eSkyline Apartments\u0026nbsp;\u003c/h4\u003e\r\n\r\n\u003cp paraeid=\"{bb7ef10d-f3bd-495a-a35b-923df5b44945}{141}\" paraid=\"1111631109\"\u003eThe Invest Atlanta Board approved a $40 million tax exempt bond and $2 million in grant financing for the new construction of 250 multifamily housing units in Peoplestown. Skyline Apartments will include a community room, units prewired for security, structured parking, gated community with card entry, central laundry facility and access to public transportation. All 250 units \u0026ndash; planned by Exact Capital Group \u0026ndash; will be available at 60% AMI or below.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch4 paraeid=\"{bb7ef10d-f3bd-495a-a35b-923df5b44945}{141}\" paraid=\"1111631109\"\u003eCity Lights Boulevard North\u0026nbsp;\u003c/h4\u003e\r\n\r\n\u003cp paraeid=\"{bb7ef10d-f3bd-495a-a35b-923df5b44945}{141}\" paraid=\"1111631109\"\u003eCity Lights Boulevard North, a project by Wingate Companies, includes the new construction of 88 multifamily housing units in the Old Fourth Ward that will be offered at 60% AMI or below. The Invest Atlanta Board approved a $1.5 million gap loan for the development.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch4 paraeid=\"{bb7ef10d-f3bd-495a-a35b-923df5b44945}{141}\" paraid=\"1111631109\"\u003eParkView\u0026nbsp;Townhomes\u0026nbsp;\u003c/h4\u003e\r\n\r\n\u003cp paraeid=\"{bb7ef10d-f3bd-495a-a35b-923df5b44945}{141}\" paraid=\"1111631109\"\u003eRiddle Property Group was approved for $2 million of Tax Allocation District (TAD) financing for the rehabilitation and construction of 70 for-sale townhomes in Vine City \u0026ndash; 21 of which will be permanently affordable. Located 0.4 miles from the Vine City MARTA station and steps away from the Westside Beltline Connection,\u0026nbsp;ParkView\u0026nbsp;supports Atlanta\u0026rsquo;s transit-oriented development goals.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch4 paraeid=\"{bb7ef10d-f3bd-495a-a35b-923df5b44945}{141}\" paraid=\"1111631109\"\u003eHenderson Place\u0026nbsp;\u003c/h4\u003e\r\n\r\n\u003cp paraeid=\"{bb7ef10d-f3bd-495a-a35b-923df5b44945}{141}\" paraid=\"1111631109\"\u003eThe Invest Atlanta Board approved a $11.5 million tax exempt loan for the demolition and new construction of 76 multifamily housing units in the Old Fourth Ward by Mercy Housing Southeast, Atlanta Housing and Historic Downtown Development Corporation. All 76 units of Henderson Place will be available at 50 to 60% AMI or below, and the development will feature a clubhouse, business center, fitness center, central laundry facility, as well as additional commercial components to include a small grocery store.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch4 paraeid=\"{bb7ef10d-f3bd-495a-a35b-923df5b44945}{141}\" paraid=\"1111631109\"\u003eMadison\u0026nbsp;Reynoldstown\u0026nbsp;\u003c/h4\u003e\r\n\r\n\u003cp paraeid=\"{bb7ef10d-f3bd-495a-a35b-923df5b44945}{141}\" paraid=\"1111631109\"\u003eLocated in\u0026nbsp;Reynoldstown, Madison\u0026nbsp;Reynoldstown\u0026nbsp;will feature the construction of 116 new multifamily housing units, which will be available for rent at 30 to 80% AMI or below. The Invest Atlanta Board approved a $21.5 million tax exempt loan for the development led by Rea Ventures Group in partnership with Atlanta Housing. It will include a business center with computer stations, community rooms, fitness center, central laundry facility and access to public transportation.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{bb7ef10d-f3bd-495a-a35b-923df5b44945}{141}\" paraid=\"1111631109\"\u003eAccording to Dr. Eloisa\u0026nbsp;Klementich, president and CEO of Invest Atlanta, the approval of these 600 affordable housing units is a realization of the mayor\u0026rsquo;s vision to ensure equitable growth and long-term resilience in Atlanta \u0026ndash; even during the pandemic. \u0026ldquo;As we continue to seek thoughtful and relevant solutions to provide pathways to wealth creation, these exciting projects reflect the city\u0026rsquo;s economic mobility strategy being fulfilled through neighborhood investment with the development of affordable residences near transit,\u0026rdquo; said\u0026nbsp;Klementich, \u0026ldquo;thereby increasing access to job opportunities.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\u003c/div\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Renting\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":400,"title":"Coming to the Capitol View Neighborhood: 1055 Arden","promo_title":"Coming to the Capitol View Neighborhood: 1055 Arden","published_date":"2021-04-21","featured_image":{"id":1556,"parent_id":5,"resource_file_name":"screen_shot_2021-04-15_at_11.17.15_am.png","resource_content_type":"image/png","resource_file_size":2369504,"resource_updated_at":"2021-04-21T09:40:03.681-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-04-21T09:40:03.772-04:00","updated_at":"2021-04-21T09:42:16.749-04:00","filename_hash":"screen_shot_2021-04-15_at_11.17.15_am_ymaZLVb.png","width":1650,"height":1086},"filename":"coming-to-the-capitol-view-neighborhood-1055-arden","meta_data_id":null,"published":true,"token":"x3HvAg","created_at":"2021-04-21T09:42:16.719-04:00","updated_at":"2021-04-21T09:42:16.719-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n A $1.47 million grant from the Beltline Tax Allocation District (TAD) Increment Fund has been approved by the Invest Atlanta Board for the construction of 58 multifamily housing units in the Capitol View neighborhood.\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-0bc502d8-7fff-f332-f355-73370b1aa661\"\u003eA $1.47 million grant from the Beltline Tax Allocation District (TAD) Increment Fund has been approved by the Invest Atlanta Board for the construction of 58 multifamily housing units in the Capitol View neighborhood.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-0bc502d8-7fff-f332-f355-73370b1aa661\"\u003eLocated on 1055 Arden Ave., the development is a partnership between Prestwick Development Company and Atlanta Neighborhood Development Partnership, Inc. \u0026ldquo;I\u0026rsquo;m pleased to see this combination of mission-aligned groups of both for-profit and nonprofit organizations come together to sponsor this affordable workforce housing,\u0026rdquo; said Alan Ferguson, senior vice president of Community Development at Invest Atlanta.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-0bc502d8-7fff-f332-f355-73370b1aa661\"\u003eThe development will be located adjacent to, and will complement, Gateway Capitol View, which is a senior housing project that was funded and financed by Invest Atlanta and the Beltline Affordable Housing Trust Fund.\u0026nbsp;It will feature full amenities, including job training and supportive services, as well as easy access to public transportation. There will be 28 units available at 50% area median income (AMI), 20 units at 60% AMI and 10 units at market rate.\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":402,"title":"Preserving Affordable Housing","promo_title":"Preserving Affordable Housing","published_date":"2021-04-21","featured_image":{"id":1558,"parent_id":5,"resource_file_name":"hollywood___big_bethel.png","resource_content_type":"image/png","resource_file_size":817823,"resource_updated_at":"2021-04-21T09:55:30.208-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-04-21T09:55:30.261-04:00","updated_at":"2021-04-21T09:55:45.717-04:00","filename_hash":"hollywood___big_bethel_V1amQ1N.png","width":1066,"height":460},"filename":"preserving-affordable-housing","meta_data_id":null,"published":true,"token":"thKWdQ","created_at":"2021-04-21T09:55:45.692-04:00","updated_at":"2021-04-21T09:55:45.692-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board approved financing for two affordable housing preservation projects, which together will rehabilitate a total of 232 units.\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-f3b7eb35-7fff-9cae-260d-2e548ec7b224\"\u003eThe Invest Atlanta Board approved financing for two affordable housing preservation projects, which together will rehabilitate a total of 232 units.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-f3b7eb35-7fff-9cae-260d-2e548ec7b224\"\u003eThe Board approved $11.25 million tax exempt bond financing for the acquisition and renovation of an existing 112-unit multifamily housing development on Hollywood Road in the Almond Park neighborhood. These units will all be targeted at 60% area median income (AMI) and below, and 81 of them also will be included in a housing assistance payment contract, which provides rental subsidies through the U.S. Department of Housing and Urban Development. These residents will pay no more than 30% of their income towards their housing costs.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-f3b7eb35-7fff-9cae-260d-2e548ec7b224\"\u003eThe Board also approved $12.39 million tax exempt bond financing for the acquisition and rehabilitation of Big Bethel Village, an existing property on Richard Allen Boulevard in the Fairburn Mays neighborhood. This development is targeted towards seniors with 44 units being made available at 50% area median income (AMI), 59 units at 60% AMI and 17 units at market rate.\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-f3b7eb35-7fff-9cae-260d-2e548ec7b224\"\u003e\u0026ldquo;We\u0026rsquo;ve very excited to see the developer, National Church Residences, come back, refinance and reposition [Big Bethel Village] so they can maintain affordability and really improve and modernize the quality of the units going forward,\u0026rdquo; said Alan Ferguson, senior vice president of Community Development at Invest Atlanta.\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Renting\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":399,"title":"Sweet Auburn Continues to Thrive","promo_title":"Sweet Auburn Continues to Thrive","published_date":"2021-04-21","featured_image":{"id":1555,"parent_id":5,"resource_file_name":"screen_shot_2021-04-15_at_10.47.11_am.png","resource_content_type":"image/png","resource_file_size":2747812,"resource_updated_at":"2021-04-21T09:35:09.615-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-04-21T09:35:09.811-04:00","updated_at":"2021-04-21T09:35:50.510-04:00","filename_hash":"screen_shot_2021-04-15_at_10.47.11_am_Qgr19Ek.png","width":2008,"height":1198},"filename":"sweet-auburn-continues-to-thrive","meta_data_id":null,"published":true,"token":"01XB5Q","created_at":"2021-04-21T09:35:50.482-04:00","updated_at":"2021-04-21T09:35:50.482-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board has approved financing for new, permanent supportive housing geared toward those who are transitioning out of homelessness.\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-d2a8f14b-7fff-b58b-dcd1-84ee55136ce9\"\u003eThe Invest Atlanta Board has approved financing for new, permanent supportive housing geared toward those who are transitioning out of homelessness.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-d2a8f14b-7fff-b58b-dcd1-84ee55136ce9\"\u003eThe $950,000 grant from the Eastside Tax Allocation District (TAD) Ascension Fund will help finance the construction of Thrive Sweet Auburn on Decatur Street, located near the King Memorial MARTA station, Grady Memorial Hospital and Georgia State University. The mixed-use, multifamily development will contain 117 mixed-income, affordable workforce housing units, as well as commercial space on the ground floor.\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-d2a8f14b-7fff-b58b-dcd1-84ee55136ce9\"\u003eAccording to Alan Ferguson, senior vice president of Community Development at Invest Atlanta, the Invest Atlanta Board previously approved an Eastside TAD grant to support the commercial portion of this project, but financing conditions and an unanticipated surge in construction costs required the developer to come back and request additional funding to complete the housing component. \u0026ldquo;Closing is imminent, and they hope to break ground and start construction in May,\u0026rdquo; said Ferguson. \u0026ldquo;These units will hopefully be available by August 2022.\u0026rdquo;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-d2a8f14b-7fff-b58b-dcd1-84ee55136ce9\"\u003eAtlanta Housing is providing HomeFlex vouchers for 23 of the Thrive Sweet Auburn units, allowing those homebuyers to pay no more than 30% of their income towards their housing costs. These units also represent permanent supportive housing units for families transitioning out of homelessness. Other units will be available at 60% and 80% area median income (AMI).\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":398,"title":"More Single-Family Affordable Housing Comes to Northwest Atlanta","promo_title":"More Single-Family Affordable Housing Comes to Northwest Atlanta","published_date":"2021-03-24","featured_image":{"id":1500,"parent_id":5,"resource_file_name":"screen_shot_2021-03-17_at_5.32.13_pm.png","resource_content_type":"image/png","resource_file_size":1045978,"resource_updated_at":"2021-03-24T15:36:03.975-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-03-24T15:36:04.044-04:00","updated_at":"2021-03-24T15:36:22.708-04:00","filename_hash":"screen_shot_2021-03-17_at_5.32.13_pm_1OD16Qw.png","width":1312,"height":1018},"filename":"more-single-family-affordable-housing-comes-to-northwest-atlanta","meta_data_id":null,"published":true,"token":"ls3F_Q","created_at":"2021-03-24T15:36:22.675-04:00","updated_at":"2021-03-24T15:36:22.675-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board has approved up to a $2.6 million forgivable loan from the Perry Bolton Tax Allocation District (TAD) to finance the acquisition and development of 40 single-family sites on a largely vacant property in Northwest Atlanta to ultimately create 65 homes in Grove Park, Carey Park and the surrounding area.\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-a68bd477-7fff-8132-e843-74ce6a253b3d\"\u003eThe Invest Atlanta Board has approved up to a $2.6 million forgivable loan from the Perry Bolton Tax Allocation District (TAD) to finance the acquisition and development of 40 single-family sites on a largely vacant property in Northwest Atlanta to ultimately create 65 homes in Grove Park, Carey Park and the surrounding area.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-a68bd477-7fff-8132-e843-74ce6a253b3d\"\u003eThe Urban Oasis Development and Invest Atlanta Land Trust acquired the 40 parcels throughout the Westside Park community for the development and construction of affordable housing units. The scattered site land acquisition and development will include a range of single-family housing options, including duplexes and accessory dwelling units (ADUs), with 30 of the 40 affordable units maintaining permanent affordability through the Atlanta Land Trust.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-a68bd477-7fff-8132-e843-74ce6a253b3d\"\u003eThe project is the result of concerns raised by local residents in the Westside Park community about displacement amid increasing development. Under the leadership of Terry Lee, chief operating officer/chief housing officer at Atlanta Housing, and Tim Keane, Atlanta City Planning Commissioner, the Westside Equitable Task Force was formed to advance anti-displacement efforts. Those efforts led to the recently adopted legislation for inclusionary zoning for this area, a down payment assistance program within the Perry Bolton TAD, as well as the creation of new affordable housing.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-a68bd477-7fff-8132-e843-74ce6a253b3d\"\u003e\u0026ldquo;This initiative represents how different agencies and the city can bring together policy, strategy and resources to address community concerns,\u0026rdquo; said Alan Ferguson, senior vice president of Community Development at Invest Atlanta. \u0026ldquo;This grant allows Invest Atlanta to provide the capital to create this permanent affordable housing. And, in conjunction with down payment assistance products, as well as the legislation that\u0026rsquo;s been adopted, we hope to regain efforts to help fight displacement in this community.\u0026rdquo;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-a68bd477-7fff-8132-e843-74ce6a253b3d\"\u003eUp to 65 units of new construction housing will be created \u0026ndash; a majority of which will be permanently affordable. Homebuyers at 80% area median income (AMI) and below purchasing the permanently affordable units are eligible for $20,000 in down payment assistance from the newly created and approved Perry Bolton TAD Mortgage Assistance Program while homebuyers over 80% and up to 120% AMI are eligible for $10,000 in down payment assistance.\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Northwest\n\u003c/span\u003e\n"},{"id":397,"title":"Corner Renovation Planned for Auburn Avenue","promo_title":"Corner Renovation Planned for Auburn Avenue","published_date":"2021-03-24","featured_image":{"id":1499,"parent_id":5,"resource_file_name":"screen_shot_2021-03-17_at_5.28.42_pm.png","resource_content_type":"image/png","resource_file_size":2975588,"resource_updated_at":"2021-03-24T15:29:21.502-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-03-24T15:29:21.605-04:00","updated_at":"2021-03-24T15:30:32.404-04:00","filename_hash":"screen_shot_2021-03-17_at_5.28.42_pm_8mz1VWx.png","width":2260,"height":952},"filename":"corner-renovation-planned-for-auburn-avenue","meta_data_id":null,"published":true,"token":"dZehew","created_at":"2021-03-24T15:30:32.289-04:00","updated_at":"2021-03-24T15:30:32.289-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n A visible corner in the Historic Sweet Auburn District will soon be transformed into a neighborhood restaurant with help from an Eastside Tax Allocation District (TAD) Downtown Façade Improvement Grant approved by the Invest Atlanta Board.\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-72a64c9a-7fff-c73a-b649-93ee839931c5\"\u003eA visible corner in the Historic Sweet Auburn District will soon be transformed into a neighborhood restaurant with help from an Eastside Tax Allocation District (TAD) Downtown Façade Improvement Grant approved by the Invest Atlanta Board.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eOriginally built in 1949 as Muckle\u0026rsquo;s Grill, the historic property located at 302 Auburn Avenue will be completely refurbished into a neighborhood eatery. The $200,000 grant will fund comprehensive renovations, including everything from restoring the existing building elevations and adding covered patio seating to installing new mechanical, electrical and plumbing systems, as well as roofing, windows and landscaping.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThis project not only helps to preserve Sweet Auburn\u0026rsquo;s cultural legacy, it also produces an amenity for the community with direct access to public transportation and the Atlanta Streetcar route.\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Sweet Auburn\n\u003c/span\u003e\n"},{"id":391,"title":"Flats at Stone Hogan","promo_title":"Flats at Stone Hogan","published_date":"2021-02-23","featured_image":{"id":1487,"parent_id":5,"resource_file_name":"screen_shot_2021-02-19_at_3.01.55_pm.png","resource_content_type":"image/png","resource_file_size":4129872,"resource_updated_at":"2021-02-23T17:05:55.788-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-02-23T17:05:55.936-05:00","updated_at":"2021-02-23T17:07:24.428-05:00","filename_hash":"screen_shot_2021-02-19_at_3.01.55_pm_kb7wxxe.png","width":1884,"height":1172},"filename":"flats-at-stone-hogan","meta_data_id":null,"published":true,"token":"0p-AJQ","created_at":"2021-02-23T17:07:24.394-05:00","updated_at":"2021-02-23T17:07:24.394-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Developers Zimmerman Properties, Atlanta Housing and TriStar Realty Investments have been approved for $29.5 million in Tax Exempt Loans from the Urban Residential Finance Authority for the new construction of the Flats at Stone Hogan. The development will include 256 multi-family housing units in the Continental Colony neighborhood.\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003eDevelopers Zimmerman Properties, Atlanta Housing and TriStar Realty Investments have been approved for $29.5 million in Tax Exempt Loans from the Urban Residential Finance Authority for the new construction of the Flats at Stone Hogan. The development will include 256 multi-family housing units in the Continental Colony neighborhood.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThis is a companion project to the Villas at Stone Hogan, a senior housing development that was approved for inducement in October 2020. According to Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at\u0026nbsp;Invest Atlanta, at the time, the community had expressed concerns about the amount of senior housing in their neighborhood, as well as their desire for more family housing and an open dialogue about proposed development plans. \u0026ldquo;The developer has very intently and deliberately engaged the community,\u0026rdquo; said Ferguson, \u0026ldquo;and has made tremendous progress in their plans and connections with the community.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe Flats at Stone Hogan will include 75 units at 50% Average Median Income (AMI), 78 units at 60% AMI, 75 units at 70% AMI and 28 units at market rate. Wraparound services also will be provided for the families and children who attend Continental Colony Elementary School.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe Flats at Stone Hogan represents the second phase of this development and construction will move concurrently with the Villas at Stone Hogan. A planned, third phase will include market-rate, for-sale townhomes, which are in alignment with community requests.\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Renting\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":390,"title":"Affordable Townhomes Coming to Tucker Avenue","promo_title":"Affordable Townhomes Coming to Tucker Avenue","published_date":"2021-02-23","featured_image":{"id":1486,"parent_id":5,"resource_file_name":"screen_shot_2021-02-23_at_4.59.11_pm.png","resource_content_type":"image/png","resource_file_size":2465412,"resource_updated_at":"2021-02-23T16:59:48.003-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-02-23T16:59:48.109-05:00","updated_at":"2021-02-23T17:00:18.033-05:00","filename_hash":"screen_shot_2021-02-23_at_4.59.11_pm_5EZqwbq.png","width":1828,"height":1004},"filename":"affordable-townhomes-coming-to-tucker-avenue","meta_data_id":null,"published":true,"token":"q4eLnQ","created_at":"2021-02-23T17:00:18.004-05:00","updated_at":"2021-02-23T17:00:18.004-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board has seized on another opportunity to create and support permanently affordable homeownership by approving a $1.17 million grant from the BeltLine Tax Allocation District (TAD) Increment Fund to the Atlanta Land Trust. This grant will allow for the development of 36 townhomes on Tucker Avenue \u0026ndash; 29 of which will be permanently affordable.\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003eThe Invest Atlanta Board has seized on another opportunity to create and support permanently affordable homeownership by approving a $1.17 million grant from the BeltLine Tax Allocation District (TAD) Increment Fund to the Atlanta Land Trust. This grant will allow for the development of 36 townhomes on Tucker Avenue \u0026ndash; 29 of which will be permanently affordable.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe project originally was approved in July 2019 for the creation of 23 townhome units, but according to Anita Allgood, director of Single Family \u0026amp; Homeownership Services for Invest Atlanta,\u003c/span\u003e the project team went back to the drawing board, secured a new development partner and created a new site plan that includes additional affordable units.In the first phase of the project, seven units will be offered at market rate to assist in moving the project forward.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe $1.17 million funding request is in line with Atlanta BeltLine funding guidelines at $40,000 per affordable unit and nets an additional six permanently affordable units for a total of 29 permanently affordable units \u0026ndash; 18 will be available at 80% Area Median Income (AMI), 11 will be at 100% AMI and seven will be at market rate.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003ePotential homebuyers who fall within these income ranges also will be eligible for down payment assistance programs from Invest Atlanta, Atlanta Housing and the Atlanta Neighborhood Development Partnership.\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Homebuying/ Homeownership\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n West End\n\u003c/span\u003e\n"},{"id":385,"title":"2021 Housing Opportunity Bond Program Approved","promo_title":"2021 Housing Opportunity Bond Program Approved","published_date":"2021-01-26","featured_image":{"id":1474,"parent_id":5,"resource_file_name":"impact___insights_2021_-12-.png","resource_content_type":"image/png","resource_file_size":665956,"resource_updated_at":"2021-01-26T09:24:43.289-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-01-26T09:24:44.100-05:00","updated_at":"2021-01-26T13:16:19.244-05:00","filename_hash":"impact___insights_2021_-12-_PgaqeoK.png","width":1000,"height":529},"filename":"2021-housing-opportunity-bond-program-approved","meta_data_id":null,"published":true,"token":"epDIFQ","created_at":"2021-01-26T09:25:12.394-05:00","updated_at":"2021-01-26T13:16:19.198-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors approved the 2021 Housing Opportunity Bond Program, which includes $50 million Taxable Draw-Down Bonds and $100 million Taxable Revenue Bonds. This is the third and largest issuance of Housing Opportunity Bonds sponsored by the City of Atlanta to fund housing programs. Previous issuances were in 2007 and 2017, totaling $75 million.\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-50f923a9-7fff-bc14-a4b4-d860921d05b1\"\u003eThe Invest Atlanta Board of Directors approved the 2021 Housing Opportunity Bond Program, which includes $50 million Taxable Draw-Down Bonds and $100 million Taxable Revenue Bonds. This is the third and largest issuance of Housing Opportunity Bonds sponsored by the City of Atlanta to fund housing programs. Previous issuances were in 2007 and 2017, totaling $75 million.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003e\u0026ldquo;The Housing Opportunity Program has been very creative and prolific in terms of housing production in Atlanta,\u0026rdquo; said Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at Invest Atlanta. \u0026ldquo;Previous issuances have supported over 3,000 affordable housing units, and we expect that level of production and more with this issuance.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe majority of the capital will be allocated for projects and developments in the form of loans. As with previous Housing Opportunity Bond issuances, repayments to the loans are collected in a separate account and reallocated to support the needs of various programs \u0026ndash; such as additional down payment assistance and multifamily gap financing. \u0026ldquo;These funds will be recycled and will come back over time,\u0026rdquo; said Ferguson. \u0026ldquo;We\u0026rsquo;ll use those proceeds to create additional units going forward.\u0026rdquo;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eInitially, this program was to be introduced in early 2020, about the time the pandemic hit. But\u0026nbsp; because of revenue uncertainty, it was placed on hold until another viable solution could be found. \u0026ldquo;This is a really big deal,\u0026rdquo; said Atlanta Mayor Keisha Lance Bottoms at a recent Invest Atlanta board meeting, \u0026ldquo;especially in the midst of where we are with the economy and the pandemic.\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Homebuying/ Homeownership\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":372,"title":"New BeltLine-Adjacent Affordable Housing","promo_title":"New BeltLine-Adjacent Affordable Housing","published_date":"2020-12-21","featured_image":{"id":1452,"parent_id":5,"resource_file_name":"screen_shot_2020-12-21_at_1.04.38_pm.png","resource_content_type":"image/png","resource_file_size":3061123,"resource_updated_at":"2020-12-21T13:05:58.999-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-12-21T13:05:59.120-05:00","updated_at":"2020-12-21T13:10:22.321-05:00","filename_hash":"screen_shot_2020-12-21_at_1.04.38_pm_zmBlEbD.png","width":1958,"height":1270},"filename":"new-beltline-adjacent-affordable-housing","meta_data_id":null,"published":true,"token":"YSVlvg","created_at":"2020-12-21T13:10:22.295-05:00","updated_at":"2020-12-21T13:10:22.295-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Construction of 160 new, mixed-income affordable housing targeted for seniors will soon begin at 1265 Lakewood Ave. The development, located adjacent to the BeltLine in the Chosewood Park community, was approved for final bond resolution by the Invest Atlanta Board.\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-4e4eb38e-7fff-bfcc-08cf-31c06569af61\"\u003eConstruction of 160 new, mixed-income affordable housing targeted for seniors will soon begin at 1265 Lakewood Ave. The development, located adjacent to the BeltLine in the Chosewood Park community, was approved for final bond resolution by the Invest Atlanta Board.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eAmenities will include a community room with kitchen, fitness center, business center, wellness room, interior gathering areas, laundry room and a community garden. There also will be ongoing residential activities designed to meet the needs of the community.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eAccording to Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at\u0026nbsp;Invest Atlanta, seniors are one of the fastest-growing demographics in Atlanta. \u0026ldquo;The demand for affordable senior housing is tremendous,\u0026rdquo; said Ferguson. \u0026ldquo;Every project that we\u0026rsquo;ve completed over the past seven years focused on senior housing has leased up within less than 60 days, without exception. We expect this project to perform similarly well.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":371,"title":"Mixed Income, Mixed Opportunities at Stanton Park","promo_title":"Mixed Income, Mixed Opportunities at Stanton Park","published_date":"2020-12-21","featured_image":{"id":1451,"parent_id":5,"resource_file_name":"screen_shot_2020-12-18_at_10.01.44_am.png","resource_content_type":"image/png","resource_file_size":3354350,"resource_updated_at":"2020-12-21T13:01:23.308-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-12-21T13:01:23.430-05:00","updated_at":"2020-12-21T13:02:35.812-05:00","filename_hash":"screen_shot_2020-12-18_at_10.01.44_am_XJZ5y64.png","width":1976,"height":1134},"filename":"mixed-income-mixed-opportunities-at-stanton-park","meta_data_id":null,"published":true,"token":"FOfuzA","created_at":"2020-12-21T13:02:35.787-05:00","updated_at":"2020-12-21T13:02:35.787-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Financing for the construction of 56 new, multifamily affordable housing units located on Hank Aaron Drive in the Peoplestown neighborhood has been approved by the Invest Atlanta board through a $6.5 million tax-exempt loan. Affordability will range from 80% Area Median Income (AMI) to 30% AMI.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-5446f808-7fff-28ac-05c0-1d050fbdcb85\"\u003eFinancing for the construction of 56 new, multifamily affordable housing units located on Hank Aaron Drive in the Peoplestown neighborhood has been approved by the Invest Atlanta board through a $6.5 million tax-exempt loan. Affordability will range from 80% Area Median Income (AMI) to 30% AMI.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eAccording to Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at\u0026nbsp;Invest Atlanta, the units earmarked for 30% AMI are for participants in the Partners for HomeFirst program and will be available for families and households transitioning from homelessness into permanent supportive housing. They also will receive vouchers from Atlanta Housing, the city\u0026rsquo;s housing authority.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003e\u0026ldquo;We like to see a mix of incomes in regards to affordability, as well as opportunities to incorporate permanent supportive housing in our developments,\u0026rdquo; said Ferguson. \u0026ldquo;This truly creates a mixed-income, mixed-opportunity housing environment for our residents in the City of Atlanta.\u0026rdquo;\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Peoplestown\n\u003c/span\u003e\n"},{"id":370,"title":"New Affordable Housing Coming to Greenbriar Community","promo_title":"New Affordable Housing Coming to Greenbriar Community","published_date":"2020-12-21","featured_image":{"id":1450,"parent_id":5,"resource_file_name":"greenbriar_developments.png","resource_content_type":"image/png","resource_file_size":347461,"resource_updated_at":"2020-12-21T11:53:40.252-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-12-21T11:53:40.291-05:00","updated_at":"2020-12-21T11:54:59.625-05:00","filename_hash":"greenbriar_developments_1O7m2K2.png","width":600,"height":300},"filename":"new-affordable-housing-coming-to-greenbriar-community","meta_data_id":null,"published":true,"token":"VMza2Q","created_at":"2020-12-21T11:54:59.590-05:00","updated_at":"2020-12-21T11:54:59.590-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n District 11 and the Greenbriar neighborhood will soon have two new affordable housing developments \u0026ndash; one being a multifamily, mixed-income housing unit and another targeted for seniors.\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-1b69d33a-7fff-6ef7-5936-5183e4723d2b\"\u003eDistrict 11 and the Greenbriar neighborhood will soon have two new affordable housing developments \u0026ndash; one being a multifamily, mixed-income housing unit and another targeted for seniors.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe construction of a new, 240-unit, multifamily, mixed-income housing development on Greenbriar Parkway was approved by the Invest Atlanta Board using a $29.5 million tax-exempt loan from the Urban Residential Finance Authority. Affordability ranges from 80% Area Median Income (AMI) to 50% AMI.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe Invest Atlanta Board also approved a $28.5 million tax-exempt loan for the construction of a new, 244-unit senior housing development on Greenbriar Parkway. Affordability ranges from 80% Area Median Income (AMI) to 50% AMI.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003e\u0026ldquo;We believe this level of income and this level of units will be tremendously beneficial in terms of supporting other services and retail within the Greenbriar corridor,\u0026rdquo; said Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at\u0026nbsp;Invest Atlanta. \u0026ldquo;This is a big day for District 11 and the Greenbriar area. It\u0026rsquo;s bringing a lot of rooftops and a lot of new quality housing to the community.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":369,"title":"New Medical and Retail Development Comes to Southwest Atlanta","promo_title":"New Medical and Retail Development Comes to Southwest Atlanta","published_date":"2020-12-21","featured_image":{"id":1449,"parent_id":5,"resource_file_name":"screen_shot_2020-12-17_at_10.11.58_am.png","resource_content_type":"image/png","resource_file_size":2450319,"resource_updated_at":"2020-12-21T11:37:48.358-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-12-21T11:37:48.470-05:00","updated_at":"2020-12-21T11:46:44.516-05:00","filename_hash":"screen_shot_2020-12-17_at_10.11.58_am_LglqXZJ.png","width":2384,"height":942},"filename":"new-medical-and-retail-development-comes-to-southwest-atlanta","meta_data_id":null,"published":true,"token":"QTXDug","created_at":"2020-12-21T11:46:44.486-05:00","updated_at":"2020-12-21T11:46:44.486-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board approved a $14 million lease-purchase bond to provide an operational subsidy for the Briarwood Medical Office and Commercial Retail development, as well as a $1.2 million grant from the Campbellton Road Tax Allocation District (TAD) to provide gap financing.\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-9551da03-7fff-8a61-dce3-36c4979c3467\"\u003eThe Invest Atlanta Board approved a $14 million lease-purchase bond to provide an operational subsidy for the Briarwood Medical Office and Commercial Retail development, as well as a $1.2 million grant from the Campbellton Road Tax Allocation District (TAD) to provide gap financing.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe project will convert approximately six acres in Southwest Atlanta into a $13,039,818 development consisting of 30,000 square feet of medical office space and 17,000 square feet of commercial retail space.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe Briarwood Medical Office and Commercial Retail project is part of an 11-acre development immediately across from Greenbriar Mall, which will eventually become a mixed-use district that also includes housing, commercial and other public amenities. It also provides necessary medical services and quality jobs to a census tract\u003c/span\u003e deemed as a Designated Health Professional Shortage Area.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-9551da03-7fff-8a61-dce3-36c4979c3467\"\u003eAccording to Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at\u0026nbsp;Invest Atlanta, the mixed-use development goes back to 2019 when Invest Atlanta, the City of Atlanta and partner agencies came together to identify potential projects that could be marketed for investment under the Better Opportunities Loan Program.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-9551da03-7fff-8a61-dce3-36c4979c3467\"\u003e\u0026ldquo;We\u0026rsquo;re now at the point to provide incentives to bring this project forth to construction and fruition,\u0026rdquo; said Ferguson. \u0026ldquo;We feel the delivery of these healthcare and medical services during a time of COVID-19 recovery will be essential for this area.\u0026rdquo;\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":362,"title":"The Simpson Brings More Affordable Housing to Atlanta","promo_title":"The Simpson Brings More Affordable Housing to Atlanta","published_date":"2020-11-24","featured_image":{"id":1439,"parent_id":5,"resource_file_name":"screen_shot_2020-11-18_at_5.17.50_pm.png","resource_content_type":"image/png","resource_file_size":1107180,"resource_updated_at":"2020-11-24T16:29:48.467-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-11-24T16:29:48.923-05:00","updated_at":"2020-11-25T10:01:20.774-05:00","filename_hash":"screen_shot_2020-11-18_at_5.17.50_pm_5EJWery.png","width":2054,"height":1392},"filename":"the-simpson-brings-more-affordable-housing-to-atlanta","meta_data_id":null,"published":true,"token":"7uTQxg","created_at":"2020-11-24T16:31:31.261-05:00","updated_at":"2020-11-25T10:01:20.752-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board approved a $15.5 million tax exempt loan for the new construction of 139 multi-family housing units in the Vine City neighborhood on Joseph E. Boone Boulevard.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-efee9a49-7fff-7c42-0088-fc8a26d14f04\"\u003eThe Invest Atlanta Board approved a $15.5 million tax exempt loan for the new construction of 139 multi-family housing units in the Vine City neighborhood on Joseph E. Boone Boulevard. The Simpson, which is scheduled to be complete in 2023, will feature a clubhouse, fitness center, picnic area, gated entry, gazebo, business center and job training for residents.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eAccording to Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at\u0026nbsp;Invest Atlanta, all of the units will be affordable, ranging in incomes from 80 percent Area Median Income (AMI) to 30 percent using the income-averaging strategy. \u0026ldquo;This project not only promotes income diversity,\u0026rdquo; says Ferguson, \u0026ldquo;it also allows us to serve lower income residents without the use of public subsidy.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003e\u0026ldquo;I\u0026rsquo;m really excited about this project,\u0026rdquo; adds Randy Hazelton, Invest Atlanta board member. \u0026ldquo;The developer has done some particularly good work not only engaging the community but also involving them in the process to bring this project to fruition. And, it\u0026rsquo;s got a great affordable allocation.\u0026rdquo;\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Downtown\n\u003c/span\u003e\n"},{"id":364,"title":"Approved Grant Allows Atlanta Beltline to Complete Westside Connector Trail","promo_title":"Approved Grant Allows Atlanta Beltline to Complete Westside Connector Trail","published_date":"2020-11-24","featured_image":{"id":1441,"parent_id":5,"resource_file_name":"screen_shot_2020-11-18_at_5.04.27_pm.png","resource_content_type":"image/png","resource_file_size":3652484,"resource_updated_at":"2020-11-24T16:43:34.801-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-11-24T16:43:34.924-05:00","updated_at":"2020-11-25T10:01:34.010-05:00","filename_hash":"screen_shot_2020-11-18_at_5.04.27_pm_gv4yE7Q.png","width":1998,"height":1498},"filename":"approved-grant-allows-atlanta-beltline-to-complete-westside-connector-trail","meta_data_id":null,"published":true,"token":"vkVnyg","created_at":"2020-11-24T16:45:50.965-05:00","updated_at":"2020-11-25T10:01:33.978-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board approved a Westside Tax Allocation District (TAD) grant up to $2.3 million to the Atlanta Beltline, Inc. (ABI) to complete construction of the Westside BeltLine Connector Trail.\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-865578b5-7fff-8a86-9ed9-725dc702a4ca\"\u003eThe Invest Atlanta Board approved a Westside Tax Allocation District (TAD) grant up to $2.3 million to the Atlanta Beltline, Inc. (ABI) to complete construction of the Westside BeltLine Connector Trail.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eAccording to Alan Ferguson, senior vice president of Community Development at\u0026nbsp;Invest Atlanta, the grant will serve as a bridge loan to ABI, which typically funds construction efforts that fall outside the Atlanta BeltLine TAD. \u0026ldquo;Although their fundraising has been successful, it has been hampered by the current economic conditions resulting from COVID-19,\u0026rdquo; he says. \u0026ldquo;They are fully committed and believe they\u0026rsquo;ll meet their fundraising goals, but in the interim, this funding allows construction to continue unimpeded.\u0026rdquo;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eTargeted for completion in February 2021, the Westside BeltLine Connector Trail will be a 14-foot-wide, multi-use trail approximately three miles in length. It begins at the intersection of Joseph E. Boone Boulevard and Northside Drive and ends at the intersection of Marietta Boulevard and Huff Road.\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":356,"title":"Coming to the Chosewood Park Community: Affordable Senior Housing","promo_title":"Coming to the Chosewood Park Community: Affordable Senior Housing","published_date":"2020-10-19","featured_image":{"id":1408,"parent_id":5,"resource_file_name":"chosewood_park.png","resource_content_type":"image/png","resource_file_size":5187896,"resource_updated_at":"2020-10-19T13:21:33.273-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-10-19T13:21:33.439-04:00","updated_at":"2020-10-19T13:21:57.945-04:00","filename_hash":"chosewood_park_r6QQ1lR.png","width":2124,"height":1506},"filename":"coming-to-the-chosewood-park-community-affordable-senior-housing","meta_data_id":null,"published":true,"token":"Hcotiw","created_at":"2020-10-19T13:21:57.920-04:00","updated_at":"2020-10-19T13:21:57.920-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Seniors represent one of Atlanta\u0026rsquo;s fastest-growing demographics, and construction of a 160-unit, multi-family housing development will create more affordable housing for them, thanks to a $1 million BeltLine Tax Allocation District (TAD) \u0026ndash; Affordable Housing Increment Fund Grant.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eSeniors represent one of Atlanta\u0026rsquo;s fastest-growing demographics, and construction of a 160-unit, multi-family housing development will create more affordable housing for them, thanks to a $1 million BeltLine Tax Allocation District (TAD) \u0026ndash; Affordable Housing Increment Fund Grant.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project, located on Lakewood Avenue, had been previously induced for tax-exempt loan bond financing, but development was delayed due to an increase in construction costs. The BeltLine TAD grant will help fill the financing gap and allow the project to close and move forward.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThere will be 26 units available at 50% AMI or below, 121 at 60% AMI or below and 13 at 80% AMI or below. Residents will pay no more than 30% of their income.\u003c/p\u003e\r\n\r\n\u003cp\u003eLocated in the Chosewood Park community, the Lakewood development will include a community room with kitchen, fitness center, business center with computer stations, wellness room, interior gathering areas, laundry room and community garden.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Renting\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":359,"title":"Additional EPA Brownfield Funding Approved to Develop Pullman Yard ","promo_title":"Additional EPA Brownfield Funding Approved to Develop Pullman Yard ","published_date":"2020-10-19","featured_image":{"id":980,"parent_id":5,"resource_file_name":"pullman_yards_insight.png","resource_content_type":"image/png","resource_file_size":1331563,"resource_updated_at":"2019-08-15T13:42:17.428-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":4,"created_at":"2019-08-15T13:42:17.583-04:00","updated_at":"2020-10-19T13:53:27.002-04:00","filename_hash":"pullman_yards_insight_W14ZmJo.png","width":1200,"height":587},"filename":"additional-epa-brownfield-funding-approved-to-develop-pullman-yard","meta_data_id":null,"published":true,"token":"lNEWPg","created_at":"2020-10-19T13:53:26.974-04:00","updated_at":"2020-10-19T13:53:26.974-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board has approved an additional $200,000 in Brownfield Loan Fund grants for Atomic Entertainment Development, LLC to clean up Pullman Yard, located on Rogers Street in northwest Atlanta. This brings the total loan from $950,000 to $1,150,000, which is funded by the United States Environmental Protection Agency (EPA).\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board has approved an additional $200,000 in Brownfield Loan Fund grants for Atomic Entertainment Development, LLC to clean up Pullman Yard, located on Rogers Street in northwest Atlanta. This brings the total loan from $950,000 to $1,150,000, which is funded by the United States Environmental Protection Agency (EPA).\u003c/p\u003e\r\n\r\n\u003cp\u003eAtomic Entertainment Development conducted multiple environmental site assessments and requested more funds to compensate for additional asbestos that was uncovered, an increase in cost of materials and the need to add two new sets of buildings to the project for clean-up. Previous assessments identified Asbestos Containing Material and Lead Based Paint in the site\u0026rsquo;s industrial buildings.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 27-acre Pullman Yard site in Kirkwood was the site of an active manufacturing facility starting in 1904. From the 1920s to the 1950s, Pullman Rail Car Company operated a repair and storage yard at the site. By the late 1980s and early 1990s, the site was severely underused. The State of Georgia acquired the site and, for the last 30 years, it has remained inactive.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn 2017, Atomic Entertainment purchased the site, including the historically significant industrial buildings, associated small structures and paved areas through a public bid. It intends to remediate and redevelop the property for a mixed-used entertainment and arts district in five phases. The first phase will focus on remediating and redeveloping existing buildings for commercial uses, such as film production, office and mixed-income residential. Other areas of the property will be redeveloped into wellness facilities, dining and open and entertainment spaces.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This will become an excellent mixed-use entertainment and arts district,\u0026rdquo; says Nathan Regan, senior vice president of Economic Development for\u0026nbsp;Invest Atlanta. \u0026ldquo;The site is decrepit at the moment, but the historical buildings will be beautiful once they are remediated.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Northwest\n\u003c/span\u003e\n"},{"id":358,"title":"Annie E. Casey Foundation Funds NPU V Small Business Improvement Grant Projects","promo_title":"Annie E. Casey Foundation Funds NPU V Small Business Improvement Grant Projects","published_date":"2020-10-19","featured_image":{"id":1410,"parent_id":5,"resource_file_name":"oct_i_i_annie_foundation.png","resource_content_type":"image/png","resource_file_size":1647329,"resource_updated_at":"2020-10-19T13:46:45.714-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-10-19T13:46:45.925-04:00","updated_at":"2020-10-19T13:47:22.680-04:00","filename_hash":"oct_i_i_annie_foundation_r6QQ1yB.png","width":1080,"height":905},"filename":"annie-e-casey-foundation-funds-npu-v-small-business-improvement-grant-projects","meta_data_id":null,"published":true,"token":"3AFy6Q","created_at":"2020-10-19T13:47:22.654-04:00","updated_at":"2020-10-19T13:47:22.654-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n In 2019, Invest Atlanta was awarded a $65,000 grant from the Annie E. Casey Foundation to administer and market a small business improvement program for property owners. The fund is intended to help owners make improvements to their buildings, increase the value of their property, ensure buildings are fit for tenants and create beautification in the commercial corridors.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\" style=\"line-height:1.2;margin-top:0pt;margin-bottom:0pt;\"\u003e\u003cspan style=\"font-size: 11pt; font-family: Arial; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003eIn 2019, Invest Atlanta was awarded a $65,000 grant from the Annie E. Casey Foundation to administer and market a small business improvement program for property owners. The fund is intended to help owners make improvements to their buildings, increase the value of their property, ensure buildings are \u003c/span\u003e\u003cspan style=\"font-size: 11pt; font-family: Arial; color: rgb(34, 34, 34); font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003efit for tenants\u003c/span\u003e\u003cspan style=\"font-size: 11pt; font-family: Arial; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003e and create beautification in the commercial corridors.\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\" style=\"line-height:1.2;margin-top:0pt;margin-bottom:0pt;\"\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\" style=\"line-height:1.2;margin-top:0pt;margin-bottom:0pt;\"\u003e\u003cspan id=\"docs-internal-guid-bb1c6fba-7fff-bdf8-89bf-221286b3a156\"\u003e\u003cspan style=\"font-size: 11pt; font-family: Arial; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003eInvest Atlanta is now awarding the first of these grants to four different properties in the Pittsburgh, Peoplestown, and Mechanicsville neighborhoods for a total of $40,000. Three of the properties are clustered around McDaniel Street, which is a key corridor in the Pittsburgh neighborhood, and the fourth is on nearby Pryor Street.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\" style=\"line-height:1.2;margin-top:0pt;margin-bottom:0pt;\"\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\" style=\"line-height:1.2;margin-top:0pt;margin-bottom:0pt;\"\u003e\u003cspan\u003e\u003cspan style=\"font-size: 11pt; font-family: Arial; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003e\u0026ldquo;We\u0026rsquo;re happy to have projects within such close proximity to each other,\u0026rdquo; says Jennifer Fine, \u003c/span\u003e\u003cspan style=\"font-size: 11pt; font-family: Arial; background-color: rgb(255, 255, 255); font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003evice president of Planning \u0026amp; Strategic Initiatives for Invest Atlanta\u003c/span\u003e\u003cspan style=\"font-size: 11pt; font-family: Arial; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003e. \u0026ldquo;These property owners take great pride in their buildings, and we\u0026rsquo;re pleased the funding will serve different types of projects within this community.\u0026rdquo;\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\" style=\"line-height:1.2;margin-top:0pt;margin-bottom:0pt;\"\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\" style=\"line-height:1.2;margin-top:0pt;margin-bottom:0pt;\"\u003e\u003cspan\u003e\u003cspan style=\"font-size: 11pt; font-family: Arial; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003eRecipients will use the grants for window and door replacement, gates and fencing, as well as waterproofing for much-wanted restaurant space in the community.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Peoplestown\n\u003c/span\u003e\n"},{"id":357,"title":"Relief Coming to Mechanicsville Retail Property Owner: $20,000 TAD Grant for Renovations","promo_title":"Relief Coming to Mechanicsville Retail Property Owner: $20,000 TAD Grant for Renovations","published_date":"2020-10-19","featured_image":{"id":1409,"parent_id":5,"resource_file_name":"screen_shot_2020-10-14_at_11.54.25_am.png","resource_content_type":"image/png","resource_file_size":1283397,"resource_updated_at":"2020-10-19T13:28:55.676-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-10-19T13:28:55.766-04:00","updated_at":"2020-10-19T13:30:32.815-04:00","filename_hash":"screen_shot_2020-10-14_at_11.54.25_am_vlxxLyW.png","width":2462,"height":1448},"filename":"relief-coming-to-mechanicsville-retail-property-owner-20000-tad-grant-for-renovations","meta_data_id":null,"published":true,"token":"Zr2bPw","created_at":"2020-10-19T13:30:32.761-04:00","updated_at":"2020-10-19T13:30:32.761-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n A $20,000 grant from the Stadium Tax Allocation District (TAD) will help rehabilitate a 4,280-square-foot, multiple-occupancy retail commercial property in the Mechanicsville neighborhood on Pryor Street, which was damaged by heavy rain in 2018.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eA $20,000 grant from the Stadium Tax Allocation District (TAD) will help rehabilitate a 4,280-square-foot, multiple-occupancy retail commercial property in the Mechanicsville neighborhood on Pryor Street, which was damaged by heavy rain in 2018.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eStadium TAD funds will be used for window replacement on the property, and insurance proceeds will cover the cost of roof and gutter replacement. The owner\u0026rsquo;s required 20% contribution, plus additional owner equity, will provide funding for a full interior rehabilitation of the three units, including replacing damaged drywall, ceiling tiles and flooring.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe owner also received Annie E. Casey NPU V Small Business Improvement Grant funds to paint the building\u0026rsquo;s exterior.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We\u0026rsquo;re encouraged and excited about the uptick in these kinds of projects using TAD dollars to impact small businesses and small commercial redevelopment,\u0026rdquo; says Jennifer Fine, vice president of Planning \u0026amp; Strategic Initiatives for Invest Atlanta. \u0026ldquo;Word of mouth is raising awareness of this program, and people are tapping into this resource.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":355,"title":"Funding Approved for Renovations to The New Villages of Castleberry Hill","promo_title":"Funding Approved for Renovations to The New Villages of Castleberry Hill","published_date":"2020-10-19","featured_image":{"id":1407,"parent_id":5,"resource_file_name":"screen_shot_2020-10-19_at_9.57.59_am.png","resource_content_type":"image/png","resource_file_size":3024383,"resource_updated_at":"2020-10-19T13:06:36.592-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-10-19T13:06:37.380-04:00","updated_at":"2020-10-19T13:08:46.337-04:00","filename_hash":"screen_shot_2020-10-19_at_9.57.59_am_QgjjEE2.png","width":1672,"height":974},"filename":"funding-approved-for-renovations-to-the-new-villages-of-castleberry-hill","meta_data_id":null,"published":true,"token":"nMw8aA","created_at":"2020-10-19T13:08:46.305-04:00","updated_at":"2020-10-19T13:08:46.305-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Tapestry Development Group and H.J. Russell \u0026amp; Company will begin the rehabilitation of The New Villages of Castleberry Hill on Greensferry Avenue. The 28-acre, 284-unit community was built in 2000 and is located blocks away from Mercedes-Benz Stadium, Georgia Aquarium, Centennial Olympic Park and the downtown area.\u0026nbsp;\u003cbr /\u003e\r\n\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eTapestry Development Group and H.J. Russell \u0026amp; Company will begin the rehabilitation of The New Villages of Castleberry Hill on Greensferry Avenue. The 28-acre, 284-unit community was built in 2000 and is located blocks away from Mercedes-Benz Stadium, Georgia Aquarium, Centennial Olympic Park and the downtown area.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eA $29,500,000 Tax Exempt Loan Inducement Resolution and a $12,525,000 Series B Taxable Bond Loan approved by the Invest Atlanta Board greenlights Phase II rehabilitation to upgrade the units and position them for continued sustainability and marketability.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I want to thank Invest Atlanta for supporting this project,\u0026rdquo; said Atlanta City Councilmember Cleta Winslow, District 4, at Invest Atlanta\u0026rsquo;s September 2020 board meeting. \u0026ldquo;It\u0026rsquo;s an important project for Southwest Atlanta. It speaks to what Mayor Bottoms has continuously said about affordable housing, and even though it\u0026rsquo;s not adding housing, it\u0026rsquo;s stabilizing the affordable housing units that we already have, which is important.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eRenovations will take place over 18 months and will include new appliances, painting, flooring, additional building lighting, site work and system upgrades. There are 114 units at or below 50% AMI, 57 units at or below 60% AMI, 57 at or below 80% AMI and 56 units at market rate.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Renting\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n South Downtown\n\u003c/span\u003e\n"},{"id":352,"title":"Financing Approved to Renovate and Develop Affordable Housing","promo_title":"Financing Approved to Renovate and Develop Affordable Housing","published_date":"2020-09-21","featured_image":{"id":1380,"parent_id":5,"resource_file_name":"sept_board_affordable_housing_update.png","resource_content_type":"image/png","resource_file_size":443242,"resource_updated_at":"2020-09-21T13:28:51.359-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-09-21T13:28:51.403-04:00","updated_at":"2020-09-23T13:31:24.885-04:00","filename_hash":"sept_board_affordable_housing_update_qNDV52l.png","width":600,"height":400},"filename":"financing-approved-to-renovate-and-develop-affordable-housing","meta_data_id":null,"published":true,"token":"IPkpJg","created_at":"2020-09-21T13:29:10.474-04:00","updated_at":"2020-09-23T13:31:24.862-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors approved financing for Town West Manor and City Lights II \u0026ndash; two housing projects that will build and renovate almost 200 units of affordable housing.\n\u003c/div\u003e\n","project_year":"2000","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors approved financing for Town West Manor and City Lights II \u0026ndash; two housing projects that will build and renovate almost 200 units of affordable housing.\u003c/p\u003e\r\n\r\n\u003ch3\u003eTown West Manor\u003c/h3\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta Board approved a $13,000,000 Tax Exempt Loan Bond Resolution for the acquisition and rehabilitation of 108 units of multifamily housing in Council District 10.\u003c/p\u003e\r\n\r\n\u003cp\u003eLocated at 330 Brownlee Rd.,Towne West Manor is an existing multifamily complex. Upgrades will include replacing heating units and A/Cs, pole lights, outdated smoke detectors and upgrading kitchen units.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe current design and unit mix are garden style and townhome. Amenities include a central laundry facility, washer/dryer connections, picnic area and access to public transportation. There are five units at or below 50% Area Median Income (AMI), 98 units at or below 60% and five units at or below 70% AMI.\u003c/p\u003e\r\n\r\n\u003ch3\u003eCity Lights II\u003c/h3\u003e\r\n\r\n\u003cp\u003eThe Atlanta Development Authority received financing approval for the construction of a new, five-story building in the Old Fourth Ward community.\u003c/p\u003e\r\n\r\n\u003cp\u003eCity Lights will be easily accessible and conveniently located near several MARTA bus stops, restaurants and the Historic Fourth Ward Park. It will have 88 units of multifamily housing \u0026ndash; all of which will be at 60% Area Median Income or below.\u003c/p\u003e\r\n\r\n\u003cp\u003eProperty amenities will include a community room, fitness center, business center with computer stations, private courtyard, after-school program, central laundry facility on each floor and access to public transportation.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn 2020 to date, Invest Atlanta has closed 10 multifamily housing transactions that will create 1,016 affordable housing units in neighborhoods where additional housing options are needed.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Renting\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Old Fourth Ward\n\u003c/span\u003e\n"},{"id":351,"title":"Predevelopment Loan Fund Helps Small Developers in Eastside TAD","promo_title":"Predevelopment Loan Fund Helps Small Developers in Eastside TAD","published_date":"2020-09-21","featured_image":{"id":298,"parent_id":15,"resource_file_name":"eastside_tad_map_wide.jpg","resource_content_type":"image/jpeg","resource_file_size":497156,"resource_updated_at":"2017-12-21T13:59:16.221-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2017-12-21T13:59:16.422-05:00","updated_at":"2024-12-18T11:11:32.740-05:00","filename_hash":"eastside_tad_map_wide_4X3JrB7.jpg","width":1880,"height":720},"filename":"predevelopment-loan-fund-helps-small-developers-in-eastside-tad","meta_data_id":null,"published":true,"token":"IOgGHw","created_at":"2020-09-21T11:48:44.541-04:00","updated_at":"2020-09-21T11:48:44.541-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors authorized $1.5 million in funding from the Eastside Tax Allocation District (TAD) Increment to establish a Predevelopment Assistance Fund to support residential and commercial real estate development within the Eastside TAD.\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors authorized $1.5 million in funding from the Eastside Tax Allocation District (TAD) Increment to establish a Predevelopment Assistance Fund to support residential and commercial real estate development within the Eastside TAD.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe program is intended to help small developers and property owners, outside the Sweet Auburn TAD, seeking to develop or significantly rehabilitate residential, commercial and mixed-use properties. The fund will help secure capital needed to complete the work necessary to bring projects to a level of financing viability.\u003c/p\u003e\r\n\r\n\u003cp\u003eThere currently is a predevelopment assistance fund in the Eastside TAD dedicated to development in the Sweet Auburn Corridor. This program will serve the remainder of the TAD.\u003c/p\u003e\r\n\r\n\u003cp\u003eAccording to Alan Ferguson, Senior Vice President of Community Development at\u0026nbsp;Invest Atlanta, there have been several requests from property owners and developers who want to activate their property. \u0026ldquo;The fund is designed to help small investors and developers activate their properties and fill in those final steps from a technical side to advance their projects from idea and concept and bring them into fruition,\u0026rdquo; says Ferguson. \u0026ldquo;This will be a new solution to assist those developers and projects.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe program, which mirrors aspects of similar programs launched within the Campbellton Road TAD, the Perry-Bolton TAD and the Westside TAD, will provide funding to for-profit and nonprofit developers and property owners with annualized revenues less than $2 million and less than 50 employees to advance their projects towards construction and development. Funding will support feasibility and financial analysis, design and cost estimation services.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":316,"title":"TAD Funds Allocated to Help Provide School-Adjacent Affordable Rental Housing in English Ave. ","promo_title":"TAD Funds to Provide School-Adjacent Affordable Rentals","published_date":"2020-01-23","featured_image":{"id":1090,"parent_id":5,"resource_file_name":"oaksatl.jpg","resource_content_type":"image/jpeg","resource_file_size":221173,"resource_updated_at":"2020-01-22T16:32:24.268-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2020-01-22T16:32:24.761-05:00","updated_at":"2020-01-28T11:37:42.785-05:00","filename_hash":"oaksatl_5EjDpwx.jpg","width":1555,"height":798},"filename":"tad-funds-allocated-to-help-provide-school-adjacent-affordable-rental-housing-in-english-ave","meta_data_id":null,"published":true,"token":"0fMs-A","created_at":"2020-01-23T08:37:15.351-05:00","updated_at":"2020-01-23T12:21:18.263-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eIn January, the Invest Atlanta Board of Directors supported plans for oaksATL Community Development, Inc. to renovate sixteen multi-family apartment units in English Avenue. Two vacant buildings will be redeveloped by the nonprofit development company in order to provide affordable rental housing adjacent to Peace Preparatory Academy.\u0026nbsp; oaksATL, in conjunction with Peace Preparatory Academy, will receive a grant of up to $500,000 from the Westside TAD Community Improvement Fund to help finance the project.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eRandy Hazelton, the vice chair of the IA Board,\u003ca\u003e \u003c/a\u003eshared his support of the project, saying: \u0026ldquo;I\u0026rsquo;ve had the privilege to work alongside oaksATL, to see the amazing work they\u0026rsquo;re doing.\u0026rdquo; The mission of oaksATL and Peace Preparatory Academy is to address the relationship between housing stability and community well-being by providing access to quality education, safe and affordable housing, and proximity to parks and employment. Currently, the school has 60 students spanning pre-kindergarten through fourth grade and plans to continue to expand through 12\u003csup\u003eth\u003c/sup\u003e grade. Families, who come from English Avenue, Vine City, and adjacent neighborhoods, pay tuition on a sliding scale through the assistance of individual, foundation, and corporate donors.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eContinued Hazelton, \u0026ldquo;This is an organization where their actions \u0026ndash; everything they say they\u0026rsquo;re going to do \u0026ndash; they do.\u0026nbsp; When you talk about building deep and true affordability in an area like English Avenue, where most of the residents feel forgotten about, it\u0026rsquo;s just incredible.\u0026nbsp; These are the type of projects that we have to continue to fund.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe two buildings, currently blighted and in disrepair, are located at 891 North Ave NW and 551 Lindsay Street NW. Post renovations, North Avenue will provide ten two-bedroom apartments; Lindsay Street will offer six two-bedroom units. The renovations will include new mechanical, electrical, plumbing, exterior doors and windows, and interior finishes. Additionally, the new buildings will receive exterior fa\u0026ccedil;ade and site improvements.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eUnder the terms of the Westside TAD, oaksATL will offer the rental units at a deep level of affordability.\u0026nbsp; At least half of the apartments will be available at or below 50% Area Median Income (AMI).\u0026nbsp; The remaining units will be kept at or below 80% AMI.\u0026nbsp; The compliance period for maintaining this affordability is twenty years.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":306,"title":"Jesse Hill Market Food As Medicine Facility Receives TAD Funds","promo_title":"Jesse Hill Market Food As Medicine Facility Receives TAD Funds","published_date":"2019-11-21","featured_image":{"id":1067,"parent_id":5,"resource_file_name":"grady_impact.png","resource_content_type":"image/png","resource_file_size":469823,"resource_updated_at":"2019-11-21T15:21:06.500-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-11-21T15:21:06.622-05:00","updated_at":"2019-11-26T11:23:09.053-05:00","filename_hash":"grady_impact_KDWVg9x.png","width":1200,"height":697},"filename":"jesse-hill-market-food-as-medicine-facility-receives-tad-funds","meta_data_id":null,"published":true,"token":"B-U31Q","created_at":"2019-11-21T15:22:05.247-05:00","updated_at":"2019-11-26T11:23:09.009-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n At their November meeting, the Invest Atlanta Board of Directors approved an Eastside TAD grant of up to $500,000 for the Jesse Hill Market.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt their November meeting, the Invest Atlanta Board of Directors approved an Eastside TAD grant of up to $500,000 for the Jesse Hill Market.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eDeveloped in partnership with the Grady Health Foundation, Atlanta Community Food Bank, and Open Hand Atlanta, Jesse Hill Market will be a 7,000-square-foot comprehensive Food as Medicine facility at the entrance of Grady Health System\u0026rsquo;s campus on the vacant former site of a fast food restaurant.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe facility will house a \u0026ldquo;food pharmacy\u0026rdquo; with fresh produce, where food insecure patients with diet-related illness can redeem food prescriptions for their entire family, free of charge. A teaching kitchen will educate patients and employees on preparing healthy meals through hands-on classes and cooking demonstrations. Onsite nutrition services will ensure that patients are screened and directed to resources to assist with food access.\u003c/p\u003e\r\n\r\n\u003cp\u003eOpen Hand, a thirty-year-old non-profit recognized as one of the largest community-based providers of home-delivered meals and nutrition services in the county, will operate a healthy cafe offering affordable, pre-packed Good Measure Meals for purchase by the public in addition to an onsite farmer\u0026rsquo;s market stand.\u003c/p\u003e\r\n\r\n\u003cp\u003eNearly one in two deaths caused by heart disease, stroke and type 2 diabetes are associated with poor diet. Recent medical studies have concluded that diet and exercise are more effective than medicine at preventing diabetes. When Grady began surveying their patients in 2016, they found that 45% of inpatients and more than 50% of ambulatory patients experience food insecurity.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eGrady\u0026rsquo;s partnership with Atlanta Community Food Bank and Open Hand is an innovative solution to address pervasive food insecurity, improve access to healthy foods, and ultimately drive better health outcomes.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":291,"title":"Innovative Metro Atlanta YMCA Leadership and Learning Center Now Open","promo_title":"Innovative Metro Atlanta YMCA Leadership and Learning Center Now Open","published_date":"2019-09-11","featured_image":{"id":993,"parent_id":5,"resource_file_name":"ymca_hq_insights.png","resource_content_type":"image/png","resource_file_size":1611012,"resource_updated_at":"2019-09-11T11:01:07.014-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-09-11T11:01:07.101-04:00","updated_at":"2019-09-17T14:37:41.867-04:00","filename_hash":"ymca_hq_insights_YB2Jz6x.png","width":1200,"height":715},"filename":"innovative-metro-atlanta-ymca-leadership-and-learning-center-now-open","meta_data_id":null,"published":true,"token":"Y3O0Wg","created_at":"2019-09-11T11:01:19.333-04:00","updated_at":"2019-09-17T14:37:41.821-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The YMCA of Metropolitan Atlanta Leadership and Learning Center officially opened its doors this month in Vine City. This is a place that serves the community through early learning, youth development, workforce training, health and wellness, and community building.\n\u003c/div\u003e\n","project_year":"2000","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe YMCA of Metropolitan Atlanta Leadership and Learning Center officially opened its doors this month in Vine City. This is a place that serves the community through early learning, youth development, workforce training, health and wellness, and community building.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Center houses\u0026nbsp;the YMCA of Metro Atlanta\u0026rsquo;s 55,000 square-foot headquarters and the state-of-the-art Arthur M. Blank Early Learning Center at E.A. Ware. Opened at the start of the new school year, the Center\u0026nbsp;will empower approximately 90 low-income children from the community to start kindergarten on track for long-term academic success. Accessible early education is essential. Children in low-income neighborhoods face a steeper hill and fall short of key educational milestones at a higher rate than others. A facility like this not only goes a long way in providing support at an early age, it symbolizes opportunity, empowerment, and equity in the community.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe benefits of Head Start programs are clear. Children who take part make significant progress in language, literacy, math, and social development. They leave Head Start programs like this one better prepared to enter elementary school. And many years down the road, Head Start kids have a higher likelihood of graduating high school and going on to college.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Chick-fil-A Foundation Training Center, which opened in May 2019, serves as a hub for innovative professional development and staff training for those in early learning, afterschool, health and wellness, and more. The Y will deliver professional development for more than 4,000 Y employees from across the Southeast through the onsite regional training program. The training center is also available for use by community organizations.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Kaiser Permanente Community Wellness Center will host free classes for the community as well as a market and caf\u0026eacute; serving healthy food options.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta provided $2.5 million through the TAD grant approved on Thursday, and Atlanta Emerging Markets, Inc., Invest Atlanta\u0026rsquo;s certified community development entity, contributed a New Markets Tax Credit allocation.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":282,"title":"Invest Atlanta to Develop City’s First Economic Mobility Strategy","promo_title":"Invest Atlanta to Develop City’s First Economic Mobility Strategy","published_date":"2019-07-22","featured_image":{"id":933,"parent_id":5,"resource_file_name":"atlanta_econ_mobility_insights.png","resource_content_type":"image/png","resource_file_size":936521,"resource_updated_at":"2019-07-22T08:29:47.561-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-07-22T08:29:47.693-04:00","updated_at":"2021-05-12T11:39:47.578-04:00","filename_hash":"atlanta_econ_mobility_insights_7JNJbmL.png","width":1200,"height":702},"filename":"invest-atlanta-to-develop-citys-first-economic-mobility-strategy","meta_data_id":null,"published":true,"token":"sQFNNg","created_at":"2019-07-22T08:30:00.227-04:00","updated_at":"2021-05-12T11:39:47.513-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta is redoubling its efforts on equity and economic mobility through the development of the city\u0026rsquo;s first-ever economic mobility strategy.\u0026nbsp;Mayor Keisha Lance Bottoms has already shown strong leadership on these issues, and this strategy development process is an opportunity to align and complement the broader One Atlanta strategic effort.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003e\u003cem\u003e\u003cstrong\u003eUpdate:\u003c/strong\u003e The community input period is closed. We truly appreciate all the ideas and feedback from residents, businesses, civic and not-for-profit leaders, and other stakeholders on this vital effort.\u003c/em\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta is redoubling its efforts on equity and economic mobility through the development of the city\u0026rsquo;s first-ever economic mobility strategy.\u003c/p\u003e\r\n\r\n\u003cp\u003eEconomic prosperity and competitiveness in Atlanta start with equitable access to opportunity and pathways to wealth creation. The goal is to further economic development and mobility for all Atlantans by:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eReviewing Atlanta\u0026rsquo;s current efforts around economic mobility\u003c/li\u003e\r\n\t\u003cli\u003eAnalyzing key factors related to access to opportunity \u0026ndash; both within Atlanta and globally\u003c/li\u003e\r\n\t\u003cli\u003eIdentifying alignment opportunities across existing strategic frameworks\u003c/li\u003e\r\n\t\u003cli\u003eProviding recommendations to further Atlanta\u0026rsquo;s economic development goals and improve economic mobility\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eEconomic mobility is the ability of an individual, family, or group to improve their economic status. In Atlanta, that starts with equity equal access to opportunity and pathways to wealth creation. Atlanta currently leads the nation in income inequality. There is a clear divide between wealthier, majority white communities to the north of I-20 and poorer communities to the south and west where most residents are African-American.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nMayor Keisha Lance Bottoms has already shown strong leadership on these issues, and this strategy development process is an opportunity to align and complement the broader One Atlanta strategic effort. In addition, we leverage the expertise of our project partners at Bloomberg Associates, Enterprise, APD Urban Planning Management, and the Urban League of Greater Atlanta.\u0026nbsp;\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe approach will be data-driven, will build on the work that has been done and create alignment rather than be duplicative, and place an emphasis on national and international best practices customized to the unique strengths and trends in Atlanta.\u0026nbsp;\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe end goal is to identify pathways and specific policy recommendations to improve economic mobility. Input from residents, businesses, civic and not-for-profit leaders, and other stakeholders is vital to developing a comprehensive, inclusive strategy.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nIn the coming weeks and months, we will be asking your thoughts on how you would increase economic mobility in Atlanta. We look forward to hearing from you.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":268,"title":"Heritage Owner-Occupied Rehab Program Helps Seniors Stay in Their Homes","promo_title":"Heritage Owner-Occupied Rehab Program Helps Seniors Stay in Their Homes","published_date":"2019-05-15","featured_image":{"id":901,"parent_id":5,"resource_file_name":"oor_house.png","resource_content_type":"image/png","resource_file_size":1853343,"resource_updated_at":"2019-05-15T15:10:45.942-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-05-15T15:10:46.011-04:00","updated_at":"2019-05-21T11:56:02.101-04:00","filename_hash":"oor_house_6aLyOje.png","width":1200,"height":651},"filename":"heritage-owner-occupied-rehab-program-helps-seniors-stay-in-their-homes","meta_data_id":null,"published":true,"token":"KDHfDg","created_at":"2019-05-15T11:27:37.222-04:00","updated_at":"2019-05-16T10:00:40.265-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Heritage Owner-Occupied Rehab (OOR) program has helped Mr. Robert Fisher, and dozens of seniors throughout the City of Atlanta, stay in their homes and avoid displacement.\u003cbr /\u003e\r\n\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Heritage Owner-Occupied Rehab (OOR) program has helped Mr. Robert Fisher, along with many\u0026nbsp;seniors throughout the City of Atlanta, stay in their homes and avoid displacement.\u003c/p\u003e\r\n\r\n\u003cp\u003eMr. Fisher has lived in his house in East Atlanta for more than 45 years. His daughter Jacqueline told him about Heritage OOR, and with the funds he received, program managers from the National Property Institute made\u0026nbsp;important repairs to his home. These included upgrades to his heating and air conditioning systems, a new coat of paint on the house, and the trimming of trees on his property.\u003c/p\u003e\r\n\r\n\u003cp\u003eAsked if he\u0026rsquo;d recommend the program to his friends and neighbors, Mr. Fisher said, \u0026ldquo;Of course I would.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I think it\u0026rsquo;s a good idea,\u0026rdquo; he said. \u0026ldquo;And I appreciate it.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThrough Heritage OOR, residents receive forgivable loans to make critical health and safety repairs on their homes. Senior households aged 55+, military veterans, disabled head of households, and those that have been in their homes for 15+ years have priority in the program.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I think it\u0026rsquo;s a beneficial program for people that plan to stay in their homes,\u0026rdquo; his daughter said. \u0026ldquo;It\u0026rsquo;s worthwhile, especially if you\u0026rsquo;ve got many things you want to have repaired and you\u0026rsquo;re on a fixed income, you can\u0026rsquo;t afford to get it done yourself. So it\u0026rsquo;s beneficial, very beneficial.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eFor additional information, visit the full Heritage Owner-Occupied Rehab program\u0026nbsp;\u003ca href=\"/homebuyers/owner-occupied-rehab\"\u003esite\u003c/a\u003e.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003ciframe height=\"480\" src=\"https://www.google.com/maps/d/embed?mid=1UgQr3oseXHBglq6i0XnM-pFNQGMUOzcz\" width=\"640\"\u003e\u003c/iframe\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cspan style=\"font-family: futura-pt-bold, Helvetica, Arial, sans-serif; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit; color: rgb(0, 45, 86);\"\u003eAtlanta Heritage (As of 1Q19)\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003ctable align=\"center\" border=\"1\" cellpadding=\"1\" cellspacing=\"1\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px 0px 20px; padding: 0px; border: 1px solid rgb(0, 112, 175); font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; font-size: 14px; line-height: inherit; font-family: futura-pt, Helvetica, Arial, sans-serif; vertical-align: baseline; border-collapse: collapse; border-spacing: 0px; width: 500px; color: rgb(0, 45, 86);\"\u003e\r\n\t\u003cthead style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003cth scope=\"col\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 500; font-stretch: inherit; font-size: 16px; line-height: inherit; vertical-align: baseline; background-color: rgb(0, 157, 220); text-align: center; color: rgb(255, 255, 255);\"\u003e\u003cspan style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: futura-pt-bold, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eCouncil District\u003c/span\u003e\u003c/th\u003e\r\n\t\t\t\u003cth scope=\"col\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 500; font-stretch: inherit; font-size: 16px; line-height: inherit; vertical-align: baseline; background-color: rgb(0, 157, 220); text-align: center; color: rgb(255, 255, 255);\"\u003e\u003cspan style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: futura-pt-bold, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eHomes in Progress\u003c/span\u003e\u003c/th\u003e\r\n\t\t\t\u003cth scope=\"col\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 500; font-stretch: inherit; font-size: 16px; line-height: inherit; vertical-align: baseline; background-color: rgb(0, 157, 220); text-align: center; color: rgb(255, 255, 255);\"\u003e\u003cspan style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: futura-pt-bold, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eHomes Complete\u003c/span\u003e\u003c/th\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\u003c/thead\u003e\r\n\t\u003ctbody style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eDistrict 1\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e5\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e1\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; background-color: rgb(191, 230, 246);\"\u003eDistrict 2\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center; background-color: rgb(191, 230, 246);\"\u003e3\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center; background-color: rgb(191, 230, 246);\"\u003e1\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eDistrict 3\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e3\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e1\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; background-color: rgb(191, 230, 246);\"\u003eDistrict 4\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center; background-color: rgb(191, 230, 246);\"\u003e10\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center; background-color: rgb(191, 230, 246);\"\u003e2\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eDistrict 5\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e8\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e5\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; background-color: rgb(191, 230, 246);\"\u003eDistrict 9\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center; background-color: rgb(191, 230, 246);\"\u003e20\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center; background-color: rgb(191, 230, 246);\"\u003e7\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eDistrict 10\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e4\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e0\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; background-color: rgb(191, 230, 246);\"\u003eDistrict 11\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center; background-color: rgb(191, 230, 246);\"\u003e12\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center; background-color: rgb(191, 230, 246);\"\u003e2\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eDistrict 12\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e7\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e3\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\u003c/tbody\u003e\r\n\u003c/table\u003e\r\n\r\n\u003cp style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px 0px 20px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; font-size: 18px; line-height: 24px; font-family: bree-serif; vertical-align: baseline; color: rgb(0, 45, 86);\"\u003e\u003cfont face=\"futura-pt-bold, Helvetica, Arial, sans-serif\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%;\"\u003eChoice\u0026nbsp;Neighborhoods Heritage\u0026nbsp;\u003c/font\u003e\u003cspan style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: futura-pt-bold, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003e\u0026nbsp;(As of 1Q19)\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003ctable align=\"center\" border=\"1\" cellpadding=\"1\" cellspacing=\"1\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px 0px 20px; padding: 0px; border: 1px solid rgb(0, 112, 175); font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; font-size: 14px; line-height: inherit; font-family: futura-pt, Helvetica, Arial, sans-serif; vertical-align: baseline; border-collapse: collapse; border-spacing: 0px; width: 500px; color: rgb(0, 45, 86);\"\u003e\r\n\t\u003cthead style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003cth scope=\"col\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 500; font-stretch: inherit; font-size: 16px; line-height: inherit; vertical-align: baseline; background-color: rgb(0, 157, 220); text-align: center; color: rgb(255, 255, 255);\"\u003e\u003cspan style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: futura-pt-bold, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eCouncil District\u003c/span\u003e\u003c/th\u003e\r\n\t\t\t\u003cth scope=\"col\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 500; font-stretch: inherit; font-size: 16px; line-height: inherit; vertical-align: baseline; background-color: rgb(0, 157, 220); text-align: center; color: rgb(255, 255, 255);\"\u003e\u003cspan style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: futura-pt-bold, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eHomes in Progress\u003c/span\u003e\u003c/th\u003e\r\n\t\t\t\u003cth scope=\"col\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 500; font-stretch: inherit; font-size: 16px; line-height: inherit; vertical-align: baseline; background-color: rgb(0, 157, 220); text-align: center; color: rgb(255, 255, 255);\"\u003e\u003cspan style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: futura-pt-bold, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eHomes Complete\u003c/span\u003e\u003c/th\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\u003c/thead\u003e\r\n\t\u003ctbody style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eDistrict 4\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e7\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e0\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\u003c/tbody\u003e\r\n\u003c/table\u003e\r\n\r\n\u003cp style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px 0px 20px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; font-size: 18px; line-height: 24px; font-family: bree-serif; vertical-align: baseline; color: rgb(0, 45, 86);\"\u003e\u003cfont face=\"futura-pt-bold, Helvetica, Arial, sans-serif\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%;\"\u003eWestside Heritage\u0026nbsp;\u003c/font\u003e\u003cspan style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: futura-pt-bold, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003e\u0026nbsp;(As of 1Q19)\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003ctable align=\"center\" border=\"1\" cellpadding=\"1\" cellspacing=\"1\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px 0px 20px; padding: 0px; border: 1px solid rgb(0, 112, 175); font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; font-size: 14px; line-height: inherit; font-family: futura-pt, Helvetica, Arial, sans-serif; vertical-align: baseline; border-collapse: collapse; border-spacing: 0px; width: 500px; color: rgb(0, 45, 86);\"\u003e\r\n\t\u003cthead style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003cth scope=\"col\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 500; font-stretch: inherit; font-size: 16px; line-height: inherit; vertical-align: baseline; background-color: rgb(0, 157, 220); text-align: center; color: rgb(255, 255, 255);\"\u003e\u003cspan style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: futura-pt-bold, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eCouncil District\u003c/span\u003e\u003c/th\u003e\r\n\t\t\t\u003cth scope=\"col\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 500; font-stretch: inherit; font-size: 16px; line-height: inherit; vertical-align: baseline; background-color: rgb(0, 157, 220); text-align: center; color: rgb(255, 255, 255);\"\u003e\u003cspan style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: futura-pt-bold, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eHomes in Progress\u003c/span\u003e\u003c/th\u003e\r\n\t\t\t\u003cth scope=\"col\" style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 500; font-stretch: inherit; font-size: 16px; line-height: inherit; vertical-align: baseline; background-color: rgb(0, 157, 220); text-align: center; color: rgb(255, 255, 255);\"\u003e\u003cspan style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: futura-pt-bold, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eHomes Complete\u003c/span\u003e\u003c/th\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\u003c/thead\u003e\r\n\t\u003ctbody style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\u003ctr style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 0px; border: 1px solid rgb(0, 112, 175); font: inherit; vertical-align: baseline;\"\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline;\"\u003eDistrict 3\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e16\u003c/td\u003e\r\n\t\t\t\u003ctd style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; text-size-adjust: 100%; margin: 0px; padding: 10px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: bree-serif, Helvetica, Arial, sans-serif; vertical-align: baseline; text-align: center;\"\u003e7\u003c/td\u003e\r\n\t\t\u003c/tr\u003e\r\n\t\u003c/tbody\u003e\r\n\u003c/table\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Homebuying/ Homeownership\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":261,"title":"Board Approves Support for Affordable Housing Developments Near Atlanta BeltLine and MARTA Transit","promo_title":"Board Approves Support for Affordable Housing Developments Near Atlanta BeltLine and MARTA Transit","published_date":"2019-04-18","featured_image":{"id":862,"parent_id":5,"resource_file_name":"ormewood_mc.png","resource_content_type":"image/png","resource_file_size":965124,"resource_updated_at":"2019-04-18T12:02:00.727-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-04-18T12:02:00.796-04:00","updated_at":"2019-04-18T12:02:52.177-04:00","filename_hash":"ormewood_mc_1OLZjw6.png","width":1200,"height":536},"filename":"board-approves-support-for-affordable-housing-developments-near-atlanta-beltline-and-marta-transit","meta_data_id":null,"published":true,"token":"rWy-aw","created_at":"2019-04-18T12:02:52.142-04:00","updated_at":"2019-04-18T12:02:52.142-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors approved resolutions to support the financing of two major multifamily housing developments at their monthly meeting.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors approved resolutions to support the financing of two major multifamily housing developments at their monthly meeting. The Abbington at Ormewood Park will bring 42 affordable rental units to the Atlanta BeltLine Overlay District, while the third phase the Edgewood-Candler Park MARTA Transit-Oriented Development will include 53 units.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eThe Abbington at Ormewood Park\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Board approved a loan of up to $300,000 in 2017 Housing Opportunity Bonds to support the new construction of 42 multifamily rental units along Moreland Avenue. The development will be located near the Atlanta BeltLine trail and East Atlanta Village. The loan is contingent on the developer, Rea Ventures Group, receiving a 9% Low Income Housing Tax Credit allocation through the State of Georgia\u0026rsquo;s Department of Community Affairs. Applications for this allocation are due in May and will be awarded Fall 2019.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe development will include a mix of units set aside for those earning 30%, 60%, and 80% of Area Median Income (AMI), and these units will remain affordable for at least 30 years.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This is great for us because we also get to target some of the lower income families in that community,\u0026rdquo; Vickey Roberts, Underwriting \u0026amp; Transaction Services Manager at Invest Atlanta, said about the development.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eEdgewood-Candler Park MARTA TOD Phase III\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Board also approved lease purchase bond financing to support Phase III of the Transit-Oriented Development (TOD) at MARTA\u0026rsquo;s Edgewood-Candler Park Station. This phase, called Link, will include the construction of 208 units of multifamily rental housing, 53 units of which will be set aside for those earning 80% AMI or below.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta \u003ca href=\"https://www.investatlanta.com/impact-insights/workforce-housing-edgewood-tod\"\u003esupported Spoke, the first phase\u003c/a\u003e of the development, through lease purchase bond financing, while Atlanta Emerging Markets, Inc. (AEMI) provided an $8.4 million New Markets Tax Credit allocation for Phase II.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":254,"title":"Campbellton Road Businesses Receive Support","promo_title":"Campbellton Road Businesses Receive Support","published_date":"2019-03-18","featured_image":{"id":836,"parent_id":5,"resource_file_name":"campbellton_rd_volunteer.png","resource_content_type":"image/png","resource_file_size":1722525,"resource_updated_at":"2019-03-18T11:43:05.447-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-03-18T11:43:05.855-04:00","updated_at":"2019-03-18T13:26:22.065-04:00","filename_hash":"campbellton_rd_volunteer_MYML35o.png","width":1200,"height":693},"filename":"campbellton-road-small-business-support","meta_data_id":null,"published":true,"token":"U1l27Q","created_at":"2019-03-18T11:43:59.212-04:00","updated_at":"2019-03-18T13:25:36.640-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The\u0026nbsp;Campbellton Road Small Businesses Renovation Program, a partnership between Wells Fargo, Rebuilding Together Atlanta, the City of Atlanta, and Invest Atlanta has helped to renovate three businesses on Campbellton Road.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe\u0026nbsp;Campbellton Road Small Businesses Renovation Program, a partnership between Wells Fargo, Rebuilding Together Atlanta, the City of Atlanta, and Invest Atlanta has helped to renovate three businesses on Campbellton Road. Applicants had to own or operate a business located on Campbellton Road, earn $200,000 or less in gross annual revenue, and have been in continuous operation since November 1, 2017 to be eligible.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe three recipients of renovation funding were Senegambia Restaurant, Hot Chixx Wings ATL, and Getting Ahead Barbershop.\u003c/p\u003e\r\n\r\n\u003cp\u003eOn Wednesday, March 13, volunteers from the partner organizations volunteered their time to do the painting work that was part of the renovations at \u003ca href=\"https://www.senegambiarestaurant.com/\"\u003eSenegambia Restaurant\u003c/a\u003e, which serves a variety of West African, Caribbean and American cuisine. Besides new interior painting, the restaurant received new commercial grade cooking equipment, bathroom upgrades, and walk-in cooler repair.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003ca href=\"https://www.facebook.com/pages/category/Hair-Salon/Getting-A-Head-BarberShop-1535606126661773/\"\u003eGetting Ahead Barbershop\u003c/a\u003e has been able to purchase new barber chairs, dryer/chair combos, fans, and ceiling tiles.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;It\u0026rsquo;s not just my business, it belongs to the people and the Atlanta community,\u0026rdquo; said owner Paul Lockhart. \u0026ldquo;They deserve something nice. Our mission statement is serving and preserving the community.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe walk-in cooler and freezer outdoor units were replaced at \u003ca href=\"http://www.hottchixxwings.com/\"\u003eHot Chixx Wings ATL\u003c/a\u003e, allowing them to expand their menu. They also had their indoor cooling units serviced, chairs repairs, and new paint applied to the interior walls.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I love Campbellton Road for giving my family this chance to realize our passion \u0026ndash; food,\u0026rdquo; said Fostoria Dumas. \u0026ldquo;The menu has mostly fast food options, but we are planning to add a few healthier choices, once our cooler/freezer are repaired.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":250,"title":"Sweet Auburn Technical Assistance \u0026 Predevelopment Fund Approved ","promo_title":"Sweet Auburn Technical Assistance \u0026 Predevelopment Fund Approved ","published_date":"2019-02-01","featured_image":{"id":825,"parent_id":5,"resource_file_name":"sweet_auburn_assistance.png","resource_content_type":"image/png","resource_file_size":1500120,"resource_updated_at":"2019-02-25T15:40:15.736-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-02-25T15:40:15.882-05:00","updated_at":"2019-02-26T09:03:27.971-05:00","filename_hash":"sweet_auburn_assistance_zmpO9Dj.png","width":1200,"height":536},"filename":"sweet-auburn-technical-assistance-predevelopment-fund-approved","meta_data_id":null,"published":true,"token":"ot2NhQ","created_at":"2019-02-25T15:41:38.850-05:00","updated_at":"2019-02-26T09:03:27.939-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta approved the establishment of a Real Estate Technical Assistance and Predevelopment Fund to provide resources to real estate development and economic vibrancy in the historic Sweet Auburn area.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta approved the establishment of a Real Estate Technical Assistance and Predevelopment Fund to provide resources to real estate development and economic vibrancy in the historic Sweet Auburn area. At their January 2019 monthly meeting, the Board authorized up to $500,000 in Eastside TAD funding, to be matched by $200,000 from Central Atlanta Progress (CAP).\u0026nbsp;\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u0026ldquo;This will help those in priority areas like Sweet Auburn do the work they need to do, providing them with expert support to get their projects competitive when they to apply for Eastside TAD funding,\u0026rdquo; said Jennifer Fine, Vice President of Planning and Strategic Initiatives at Invest Atlanta.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eEastside TAD funding has been successfully deployed to assist numerous catalytic and impactful projects throughout the TAD. As more projects apply for funding, there is an opportunity to focus on activating projects in areas within the TAD that have struggled to realize economic development vitality.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eHowever, much of the underutilized land in Sweet Auburn is owned by local, longstanding religious institutions and nonprofits, many of whom do not have experience with real estate development. These organizations may lack knowledge about real estate, financing, and historic rehabilitation that could hinder them as they pursued available funding resources, including support through the Eastside TAD.\u003c/p\u003e\r\n\r\n\u003cp\u003eWith community engagement support from Sweet Works, Inc., Invest Atlanta, and CAP will expedite delivery of predevelopment support and technical assistance utilizing contracted independent consultants to the broad range of eligible property owners, businesses, and institutions. This support will enable a more complete project application when it is submitted for TAD construction funding in the future.\u003c/p\u003e\r\n\r\n\u003cp\u003eAll property owners within the Sweet Auburn Area will be eligible to request technical assistance from CAP. Experts will provide assistance with feasibility and financial analysis, design services, and cost estimation.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":244,"title":"Westside Warmup Kicks Off Super Bowl Activities in Southwest Atlanta","promo_title":"Westside Warmup Kicks Off Super Bowl Activities in Southwest Atlanta","published_date":"2019-01-31","featured_image":{"id":801,"parent_id":5,"resource_file_name":"151a3166-2.jpg","resource_content_type":"image/jpeg","resource_file_size":4456465,"resource_updated_at":"2019-01-31T09:57:17.634-05:00","caption":"Westside Warmup 2","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-01-31T09:57:17.911-05:00","updated_at":"2019-01-31T10:19:55.538-05:00","filename_hash":"151a3166-2_W1orMEj.jpg","width":5760,"height":3237},"filename":"westside-warmup-kicks-off-super-bowl-activities-in-southwest-atlanta","meta_data_id":null,"published":true,"token":"3B2HvQ","created_at":"2019-01-31T10:17:23.136-05:00","updated_at":"2019-01-31T10:19:55.507-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Supported by Atlanta BeltLine, Inc., the City of Atlanta Planning Department, and Invest Atlanta, the Westside Warmup brought community and business leaders together to showcase Southwest Atlanta in the days leading up to the Super Bowl.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eSupported by Atlanta BeltLine, Inc., the City of Atlanta Planning Department, and Invest Atlanta, the Westside Warmup brought community and business leaders together to showcase Southwest Atlanta in the days leading up to the Super Bowl.\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nThe purpose of the event was to highlight the unique neighborhoods, rich culture, and growing businesses in the area. \u0026ldquo;With upwards of $2 billion in tourism dollars anticipated, ABI wanted to help facilitate an event in historic southwest Atlanta for community businesses to take advantage of the Super Bowl economy,\u0026rdquo; said Clyde Higgs, interim President and CEO of Atlanta BeltLine, Inc.\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nThe event took place across three locations near the Atlanta Beltline Westside Trail. Activities began at the West End MARTA Station soccer fields, StationSoccer.\u0026nbsp;\u003ca href=\"https://www.soccerstreets.org/station-soccer-play\"\u003eStationSoccer\u003c/a\u003e, a program by Soccer in the Streets, is the world\u0026rsquo;s first transit soccer league and hosted soccer matches for both children and adults. The South Atlanta High School drumline also performed throughout the beginning of the event to get guests excited for the remainder of festivities.\u0026nbsp;\u0026nbsp;\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nFollowing the activities at StationSoccer, the South Atlanta High School drumline led guests down Lee Street to\u0026nbsp;\u003ca href=\"http://www.leeandwhiteatl.com/\"\u003eLee + White\u003c/a\u003e, the West End\u0026rsquo;s newest food and beverage district. In addition to local craft brewery Monday Night Garage hosting happy hour, there were jazz musical performances by the Atlanta Music Project, football skills courses, kombucha tastings from Cultured South, and various food vendors.\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\n\u003ca href=\"https://www.640westatl.com/\"\u003e640 West Caf\u0026eacute;\u003c/a\u003e, a community caf\u0026eacute; and event space, was the final stop of the event and featured live music, artists performances, and a vendor market with more than 40 participants featuring local food, artists, businesses, and artisans.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;To get a truly authentic Atlanta experience, you have to come to the westside,\u0026rdquo; said Higgs.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n West End\n\u003c/span\u003e\n"},{"id":242,"title":"New Markets Tax Credits and TAD Financing Approved for Quest Nonprofit Center for Change","promo_title":"New Markets Tax Credits and TAD Financing Approved for Quest Nonprofit Center for Change","published_date":"2019-01-24","featured_image":{"id":788,"parent_id":5,"resource_file_name":"qncc.png","resource_content_type":"image/png","resource_file_size":2481692,"resource_updated_at":"2019-01-24T09:32:39.234-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2019-01-24T09:32:39.328-05:00","updated_at":"2019-06-10T16:23:43.062-04:00","filename_hash":"qncc_zmpLVNW.png","width":1741,"height":750},"filename":"new-markets-tax-credits-and-tad-financing-approved-for-quest-nonprofit-center-for-change","meta_data_id":null,"published":true,"token":"xa5cuw","created_at":"2019-01-24T09:33:57.785-05:00","updated_at":"2019-01-24T09:37:33.965-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta and Atlanta Emerging Markets, Inc. recently closed transactions to fund construction of the Quest Nonprofit Center for Change on Atlanta\u0026#39;s Westside.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta and its affiliate Atlanta Emerging Markets, Inc. (AEMI) recently closed transactions to fund construction of the Quest Nonprofit Center for Change (QNCC) on Atlanta\u0026rsquo;s Westside. The Quest Community Development Organization will transform a commercial strip center into a catalytic project that will provide new space for neighborhood-oriented commercial and nonprofit tenants.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Quest Nonprofit Center for Change will bring together nonprofits and socially responsible businesses under one roof to provide resources to the Westside. In addition to the nonprofits that will become tenants, Quest will also move its headquarters to the facility. The current site has Family Dollar as an anchor tenant with a lease that will continue with the new building.\u003c/p\u003e\r\n\r\n\u003cp\u003eOver the last 15 years, the Quest Community Development Organization has provided affordable, supportive housing and services to homeless and low-income men and women so that they may become self-sufficient. The majority of Quest\u0026rsquo;s services are provided to those who suffer from mental illnesses, substance abuse, or other chronic health conditions.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta and AEMI provided two types of funding for the project. Invest Atlanta provided a $500,000 Westside Tax Allocation District (TAD) grant, passed by the Board of Directors in November 2018, and AEMI provided $7.5 million in New Markets Tax Credits with SunTrust as the tax credit investor, passed in January 2019.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe $10.8 million project is located at 305 Joseph E. Lowery Boulevard Northwest, selected for its proximity to Quest\u0026rsquo;s housing developments and clients. QNCC and its tenant businesses will support 80 full-time jobs, and employees will be identified in part through partnerships with local organizations including the Center for Working Families and Westside Works.\u003c/p\u003e\r\n\r\n\u003cp\u003eQNCC will also provide 25,000 pounds of fresh produce annually by increasing Westside Grower\u0026rsquo;s capacity by 150%, offer case management and supportive services to 650 people each year, provide 4,000 people with financial education and empowerment, and improve access to commercial goods.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe development will be the first-class B office space in Vine City, with more than 26,000 square feet of leasable space. Construction is scheduled to begin in January 2019 and be completed by November 2019. \u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":241,"title":"Invest Atlanta Board Supports New Affordable Housing for Southwest Atlanta and Westside Neighborhoods","promo_title":"Invest Atlanta Board Supports New Affordable Housing for Southwest Atlanta and Westside Neighborhoods","published_date":"2019-01-17","featured_image":{"id":783,"parent_id":5,"resource_file_name":"hartland_station_insight.png","resource_content_type":"image/png","resource_file_size":1318023,"resource_updated_at":"2019-01-17T09:55:07.134-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":3,"created_at":"2019-01-17T09:55:07.200-05:00","updated_at":"2019-01-22T08:54:39.841-05:00","filename_hash":"hartland_station_insight_jpkKXjV.png","width":1200,"height":609},"filename":"invest-atlanta-board-supports-new-affordable-housing-for-southwest-atlanta-and-westside-neighborhoods","meta_data_id":null,"published":true,"token":"7Th_JA","created_at":"2019-01-17T14:08:54.171-05:00","updated_at":"2019-01-22T08:54:39.807-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Bottoms and the Invest Atlanta Board of Directors approved financing for several affordable housing developments at the board\u0026rsquo;s first meetings of 2019.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Bottoms and the Invest Atlanta Board of Directors approved financing for several affordable housing developments at the board\u0026rsquo;s first meetings of 2019. The projects will bring new affordable rental units along one of the City of Atlanta\u0026rsquo;s most important emerging commercial corridors, as well as affordable for-sale properties in the Westside neighborhoods of Vine City and English Avenue.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We continue to focus on new and different solutions to meet Atlanta\u0026rsquo;s affordable housing needs,\u0026rdquo; said Mayor Keisha Lance Bottoms. \u0026ldquo;Achieving our vision for One Atlanta will require providing support for an array of housing options for our legacy residents. Our actions represent a good first step for us as we look to make significant progress toward that goal in 2019.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;As Atlanta continues to grow, we need to be even more strategic and resourceful in finding ways to achieve affordability throughout the city,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;These three projects represent the type of thinking needed to make affordable living in the city an option for many more residents. Long-term ground leases, land trust models, and layered financing strategies give us a bigger toolbox to work with and opportunities to address more of the affordability spectrum.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eCityPlace Affordable Housing\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Board approved a loan increase of up to $1,000,000 from the Vine City Housing Trust Fund to Place Properties to construct affordable modular single-family homes for sale in the English Avenue and Vine City neighborhoods.\u003c/p\u003e\r\n\r\n\u003cp\u003ePreviously, Place Properties completed an initial home located at 621 James P. Brawley and will use this funding to complete 5 additional residences. At the board\u0026rsquo;s direction, Place Properties and Invest Atlanta staff collaborated to make the homes affordable with lower-cost designs and did so through modular design and varied housing styles and structures, including duplexes, triplexes, and grannie flats.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe next five units for sale will have target price points between $135,000-$160,000, a significant reduction from the original target price point. With down payment assistance programs, the homes could potentially be available to households earning between 60 to 80 percent of the area median income (AMI). These homes will also be Invest Atlanta\u0026rsquo;s first completed properties placed within the Atlanta Land Trust, which will provide permanent homeownership affordability.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eUrban Oasis\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta Board approved a loan of up to $250,000 from the Vine City Housing Trust Fund to finance construction on four single-family, for-sale homes in the English Avenue neighborhood. Sims Real Estate Group will rehab and restore three currently blighted homes and construct one new home. Once work is complete, the three rehabbed homes will be available to families earning 80 percent AMI or below, and the new home will be for sale to families earning 100-120 percent AMI. Down payment assistance will be available through Invest Atlanta for purchasers to ensure greater levels of affordability.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project fits within the City of Atlanta\u0026rsquo;s overall strategy to make as many homes affordable for legacy residents. It does so by using a novel approach within the City of Atlanta of having a 99-year ground lease at $1 per year to eliminate land costs from the purchase price. The goal is to give these properties over to the Atlanta Land Trust to ensure affordability in perpetuity.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eHartland Station\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta Board approved up to $1.3 million in pay-as-you-go grant funding from the Metropolitan Parkway TAD for the 130-unit Hartland Station multi-family development.\u0026nbsp; Invest Atlanta previously supported Hartland Station with $14 million in tax-exempt bond and gap financing.\u0026nbsp; The development will be a modern garden style, 3-story community aimed at revitalizing a portion of an underserved commercial corridor along Metropolitan Parkway in the Sylvan Hills neighborhood.\u003c/p\u003e\r\n\r\n\u003cp\u003eHartland Station will include 40 units set aside for those earning 50 percent AMI and below and 70 units set aside for those earning 60 percent AMI or below. This residential community will be equipped with several amenities including a business center, a picnic area, tot lots and an exercise room. To ensure this level of affordability, Invest Atlanta is providing additional layers of financing, including tax-exempt bonds and a Housing Opportunity Bond loan. This level of affordability will be in place for 30 years.\u003c/p\u003e\r\n\r\n\u003cp\u003eThrough its various affordable housing strategies, Invest Atlanta continues to play a key role in helping the Mayor Bottoms and City of Atlanta bring more affordability to the city. In 2018, Invest Atlanta supported the creation of 926 units of affordable housing intended for residents earning 30 to 80 percent AMI.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":238,"title":"Heritage Owner-Occupied Rehab Is Helping Lifelong Residents Make Critical Repairs","promo_title":"Heritage Owner-Occupied Rehab Is Helping Lifelong Residents Make Critical Repairs","published_date":"2019-01-09","featured_image":{"id":781,"parent_id":1,"resource_file_name":"oor_roof.jpg","resource_content_type":"image/jpeg","resource_file_size":539996,"resource_updated_at":"2019-01-09T10:57:35.384-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-01-09T10:57:35.450-05:00","updated_at":"2019-03-08T13:42:41.143-05:00","filename_hash":"oor_roof_kb4Bg7y.jpg","width":2500,"height":1194},"filename":"owner-occupied-rehab-is-helping-life-long-residents-make-critical-repairs","meta_data_id":null,"published":true,"token":"kDJWNQ","created_at":"2019-01-09T10:58:29.631-05:00","updated_at":"2019-03-08T13:42:41.105-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Jeanette Henderson is Atlanta native and has been a homeowner in the City of Atlanta for 55 years. As a recipient of a forgivable\u0026nbsp;Heritage Owner Occupied Rehab\u0026nbsp;loan, Henderson is able to afford critical health and safety repairs on her home.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eJeanette Henderson is Atlanta native and has been a homeowner in the City of Atlanta for 65 years. As a recipient of a forgivable\u0026nbsp;\u003ca href=\"/homebuyers/owner-occupied-rehab\"\u003eHeritage Owner Occupied Rehab\u003c/a\u003e\u0026nbsp;loan, Henderson is able to afford critical health and safety repairs on her home.\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nInvest Atlanta, with support from the City of Atlanta, the Atlanta Housing Authority, Choice Atlanta, Executive Realty Solutions, and several other organizations, implemented the program to help lower-income residents remain in their homes and avoid displacement. After a successful pilot program in the Vince City and English Avenue neighborhoods, the program was able to expand.\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nThe program serves senior households aged 55 and older, military veterans, disabled head of households, and those that have been in their homes for 15 or more years. \u0026ldquo;A lot of people don\u0026rsquo;t think about the seniors,\u0026rdquo; said Henderson. \u0026ldquo;I think the program is a nice thing for senior citizens because seniors don\u0026rsquo;t really have a lot of money to get these things done.\u0026rdquo;\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nHenderson bought her home because she was interested in being a homeowner instead of renting an apartment in Atlanta. With her loan, she is able to remove mold, install new planks, treat and repair termite damage, repair her hot water tank, upgrade pipes, and replace her stairs.\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\n\u0026ldquo;Some seniors can afford to get some things done but they can\u0026rsquo;t afford to get\u0026nbsp;\u003cem\u003eeverything\u003c/em\u003e\u0026nbsp;done,\u0026rdquo; said Henderson. \u0026ldquo;This program was a great idea!\u0026rdquo;\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nThe Heritage Owner Occupied Rehab programs are part of Mayor Bottoms\u0026rsquo; larger goal of investing $1 billion from public and private sources to support affordable housing in Atlanta, the largest such investment in our city\u0026rsquo;s history.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Homebuying/ Homeownership\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":228,"title":"Invest Atlanta Board Approves Gulch Development ","promo_title":"Invest Atlanta Board Approves Gulch Development ","published_date":"2018-11-09","featured_image":{"id":743,"parent_id":5,"resource_file_name":"gulch_rendering.png","resource_content_type":"image/png","resource_file_size":2278338,"resource_updated_at":"2018-11-08T10:56:29.225-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-11-08T10:56:29.282-05:00","updated_at":"2018-11-09T09:43:40.973-05:00","filename_hash":"gulch_rendering_NngLK6v.png","width":1269,"height":735},"filename":"invest-atlanta-board-approves-gulch-development","meta_data_id":null,"published":true,"token":"o94TzA","created_at":"2018-11-08T10:58:01.101-05:00","updated_at":"2018-11-09T09:43:40.942-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Keisha Lance Bottoms and the Invest Atlanta Board of Directors approved the Gulch development at a special called board meeting on Thursday, November 8.\u003cbr /\u003e\r\n\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt a special called board meeting on Thursday, November 8, Mayor Keisha Lance Bottoms and the Invest Atlanta Board of Directors approved the Gulch development.\u003c/p\u003e\r\n\r\n\u003cp\u003eAs a result of the Gulch development, Atlanta will receive:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003e$28 million investment into a citywide affordable housing fund\u003c/li\u003e\r\n\t\u003cli\u003eRequired minimum affordable housing residential units of 200 or 20%, whichever is greater\u003c/li\u003e\r\n\t\u003cli\u003e$2 million commitment for workforce training\u003c/li\u003e\r\n\t\u003cli\u003e$12 million investment into a citywide economic development fund\u003c/li\u003e\r\n\t\u003cli\u003eCommitment to unprecedented levels of minority and female- owned businesses with a goal of at least 38% utilization and an offer of 10% equity\u003c/li\u003e\r\n\t\u003cli\u003e$12 million commitment towards the construction of a new seven-bay fire station.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eAdditional terms of the deal include:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eCIM assuming all financial risk, including all design and construction expenses and serving as the sole purchaser of the new TAD bonds\u003c/li\u003e\r\n\t\u003cli\u003eCIM paying taxes in full, only receiving the benefit of TAD supplemental payments as reimbursements once compliance on obligations and expenses has been independently verified. For qualified expenses, Invest Atlanta will make reimbursement payments to CIM for up to 12.5% of total project costs or through 2038, whichever occurs first\u003c/li\u003e\r\n\t\u003cli\u003eReducing TAD bond proceeds available to CIM from $500 million to $32 million, with up to $8 million in bond proceeds available to Empowerment Zone Communities.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n South Downtown\n\u003c/span\u003e\n"},{"id":213,"title":"Board Takes Key Step to Support Retention of Affordable Housing at Villages of East Lake ","promo_title":"Board Takes Key Step to Support Retention of Affordable Housing at Villages of East Lake ","published_date":"2018-08-29","featured_image":{"id":703,"parent_id":5,"resource_file_name":"east_lake_insight.png","resource_content_type":"image/png","resource_file_size":526195,"resource_updated_at":"2018-08-28T15:02:07.995-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-08-28T15:02:08.059-04:00","updated_at":"2018-08-29T15:05:11.261-04:00","filename_hash":"east_lake_insight_E69Zzrn.png","width":892,"height":417},"filename":"board-takes-key-step-to-support-retention-of-affordable-housing-at-villages-of-east-lake","meta_data_id":null,"published":true,"token":"H_eyRA","created_at":"2018-08-28T15:02:21.211-04:00","updated_at":"2018-08-29T15:05:11.226-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Keisha Lance Bottoms and the Invest Atlanta Board of Directors voted to support the preservation and renovation of 272 units of affordability at the Villages of East Lake at their monthly board meeting on Wednesday, August 29.\u003cbr /\u003e\r\n\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Keisha Lance Bottoms and the Invest Atlanta Board of Directors voted\u0026nbsp;to support the preservation and renovation of 272 units of affordability at the Villages of East Lake at their monthly board meeting on Wednesday, August 29.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe board passed the inducement resolution to approve up to $43 million in tax-exempt bond financing that will help extend affordability at the development for 30 years. Of the\u0026nbsp;542 units at the property, 272 will be reserved for those earning 60% of the Area Median Income (AMI) or below, with the rest of the units available at market rate. \u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I think that\u0026rsquo;s just fantastic,\u0026rdquo; IA board member and Treasurer Randy Hazelton said in support of the resolution. \u0026ldquo;The importance of income diversity for social mobility is huge. And to have this diversity in a neighborhood like that with an anchor school that\u0026rsquo;s really well regarded, I think that\u0026rsquo;s great.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eBuilt in two phases in 1996 and 1998, The Villages of East Lake is a mixed-income community with\u0026nbsp;townhouses, duplexes, and garden apartments. The development was built to replace East Lake Meadows\u0026nbsp;with a community that promotes a \u0026ldquo;\u003ca href=\"http://eastlakeatl.com/east-lake/\"\u003eholistic vision\u003c/a\u003e that unites housing, education, and community wellness in a vibrant, inclusive neighborhood setting.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAlong with the apartments, residents have access to Charles R. Drew Charter School, a highly regarded educational institution serving more than 1,200 students from pre-K through high school. Other community assets include the East Lake Family YMCA, the East Lake Early Learning Academy, and the Sheltering Arms Early Education and Life Center.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe original 15-year affordability compliance period expired in 2015, but once available, this financing will help extend affordability for decades to come, as well as support additional improvements to the property such as new and updated flooring, fixtures, HVAC systems, and common areas.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;It\u0026rsquo;s really a transformational development,\u0026rdquo; said Alan Ferguson, Invest Atlanta\u0026rsquo;s Senior Vice President of Community Development. \u0026ldquo;Living in this community, especially having access to this quality educational outlet, is very much in high demand.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We\u0026rsquo;re happy to be part of this preservation effort.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":208,"title":"City of Atlanta Selected for City Accelerator Program","promo_title":"City of Atlanta Selected for City Accelerator Program","published_date":"2018-08-01","featured_image":{"id":684,"parent_id":5,"resource_file_name":"pittsburgh_yards_video_rendering_4.png","resource_content_type":"image/png","resource_file_size":806651,"resource_updated_at":"2018-08-01T15:22:49.244-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-08-01T15:22:49.287-04:00","updated_at":"2018-08-01T15:24:56.868-04:00","filename_hash":"pittsburgh_yards_video_rendering_4_mp4DNP4.png","width":1000,"height":475},"filename":"city-of-atlanta-selected-for-city-accelerator-program","meta_data_id":null,"published":true,"token":"ONcszg","created_at":"2018-08-01T09:37:54.679-04:00","updated_at":"2018-08-01T15:24:25.629-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Keisha Lance Bottoms announced the City of Atlanta will join the City Accelerator program, an initiative of the Citi Foundation and Living Cities, to foster innovation and promote collaboration between urban leaders to address pressing issues cities face today.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Keisha Lance Bottoms announced the City of Atlanta will join the City Accelerator program, an initiative of the Citi Foundation and Living Cities, to foster innovation and promote collaboration between urban leaders to address pressing issues cities face today. Atlanta will join four other cities in this latest City Accelerator cohort \u0026ndash; El Paso, Long Beach, Newark and Rochester \u0026ndash; who will work together over the next year to pursue a range of projects that support the growth of local minority-owned businesses and the creation of additional jobs in each community.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026quot;Creating innovative ways to build opportunity and equity through job growth, business incubation and workforce training is a priority for our Administration and our city,\u0026quot; said Mayor Bottoms. \u0026quot;Our vision for One Atlanta includes a city where neighborhoods, communities and businesses thrive. We look forward to working with the Citi Foundation and Living Cities through the City Accelerator to realize that goal.\u0026quot;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe City Accelerator program includes a $100,000 grant to each cohort city to support local business and job growth. The City of Atlanta\u0026rsquo;s initiative will fund a program providing access to affordable real estate and technical assistance to economically underserved businesses in Southwest Atlanta. The initiative will be launched at Pittsburgh Yards\u0026trade;, a 30-acre, mixed-use site under development in Southwest Atlanta. Invest Atlanta, the City of Atlanta\u0026rsquo;s economic development authority, will lead the project in partnership with One Atlanta: The Mayor\u0026rsquo;s Office of Equity, Diversity and Inclusion, the Mayor\u0026rsquo;s Office of Innovation and Performance and local community Partner, The Annie E. Casey Foundation.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The Annie E. Casey Foundation\u0026rsquo;s focus in redeveloping Pittsburgh Yards has always been on providing more equitable opportunities for residents in Southwest Atlanta,\u0026rdquo; said Kweku Forstall, Director of the Foundation\u0026rsquo;s Atlanta Civic Site. \u0026ldquo;We\u0026rsquo;re excited that this funding has been secured and hopeful that it will seed meaningful activity for entrepreneurs in Pittsburgh and surrounding communities.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Annie E. Casey Foundation serves as the primary developer of Pittsburgh Yards as well as an impact investor in social service, workforce development, and financial programs for the Pittsburgh community. Through this strategic partnership, they will provide additional visionary support to redevelop Pittsburgh Yards into a commercial, industrial, and retail site on the Atlanta Beltline. Additionally, several commercial spaces at Pittsburgh Yards will be reserved for purchase by small business owners who are selected to participate in the program.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;To achieve and sustain equitable growth, we need to ensure that businesses across the city have access to the resources and assistance they need to compete in Atlanta\u0026rsquo;s growing economy,\u0026rdquo; continued Mayor Bottoms. \u0026ldquo;The real estate development program at Pittsburgh Yards will be a catalytic project to spur economic activity in Southwest Atlanta communities by creating new opportunities for area business owners and emerging enterprises.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe program will help address four major challenges experienced by minority-owned businesses: limited access to capital based on traditional underwriting criteria, debt service payment capabilities, difficulty purchasing commercial space, and preparing for business growth. In addition to providing access to affordable commercial space at Pittsburgh Yards, the project team will offer technical assistance to help sole proprietorships increase business value by expanding hiring opportunities.\u003c/p\u003e\r\n\r\n\u003cp\u003eAll five cities selected for this Accelerator program are considered majority-minority communities based on socio-economic makeup, where more than 50 percent of a city\u0026rsquo;s population represents social, ethnic and/or racial minorities. This classification is primary for urban centers to address the barriers minority-owned businesses face, including access to capital, connections to industries, and navigating regulations.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026quot;Cities can have a disproportionately positive impact on local entrepreneurial ecosystems and the creation of good jobs\u0026rdquo;, said Living Cities President and CEO Ben Hecht. \u0026ldquo;The cities in this latest initiative will be showing how they can harness all of their assets to support and grow businesses owned by the nation\u0026rsquo;s fastest-growing populations\u0026mdash;people of color\u0026mdash;and help to close racial gaps in wealth and income in their own backyards.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition to a $100,000 grant, each city will receive a combination of coaching, technical assistance and implementation resources in the coming year. Technical assistance for the effort will be provided by Rodrick Miller, President and CEO of Ascendant Global, an economic development consulting firm. Miller has previously served as the President and CEO of the Detroit Economic Growth Corporation and the New Orleans Business Alliance.\u003c/p\u003e\r\n\r\n\u003cp\u003eTo learn more about the City of Atlanta\u0026rsquo;s project, visit the City Accelerator website \u003ca href=\"http://www.governing.com/cityaccelerator/videos/Atlanta-Making-Commercial-Real-Estate-Affordable-for-Minority-Owned-Businesses.html\"\u003ehere\u003c/a\u003e, and follow #CityAccelerator on Twitter.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":203,"title":"Hagar Acquires Two Westside Properties for Rehab Into 17 Affordable Housing Units","promo_title":"Hagar Acquires Two Westside Properties for Rehab Into 17 Affordable Housing Units","published_date":"2018-07-06","featured_image":{"id":669,"parent_id":5,"resource_file_name":"415-jpb-insight_v2.png","resource_content_type":"image/png","resource_file_size":1036030,"resource_updated_at":"2018-07-06T10:46:55.608-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-07-06T10:46:55.668-04:00","updated_at":"2021-03-24T15:21:29.606-04:00","filename_hash":"415-jpb-insight_v2_zmn7K9z.png","width":900,"height":687},"filename":"hagar-acquires-two-westside-properties-for-rehab-into-17-affordable-housing-units","meta_data_id":null,"published":true,"token":"6RAgjg","created_at":"2018-07-06T10:45:28.727-04:00","updated_at":"2018-07-06T10:47:12.634-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n At their June monthly meeting, the Invest Atlanta board approved the sale of two vacant multifamily properties to Hagar CTM, who will renovate them into 17 units of quality, affordable rental housing for the Westside community.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt their June monthly meeting, the Invest Atlanta board approved the sale of two vacant multifamily properties to Hagar CTM, who will renovate them into 17 units of quality, affordable rental housing for the Westside community.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe two properties\u0026mdash;located at 712 Fox Street and 415 James P. Brawley Drive\u0026mdash;were acquired by Invest Atlanta as part of the Westside land acquisition initiative.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn response to a Request for Proposals (RFP) issued by Invest Atlanta, Hagar CTM proposed to purchase the improvements on both parcels and negotiate a long-term ground lease with Invest Atlanta to redevelop the two properties. The organization has an equity partner in KP Realty One, who will provide funding assistance for the acquisition and rehabilitation.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This one rose to the surface as one that we were very excited about and felt like we could take action on it now,\u0026rdquo; said Jennifer Fine, the VP of Planning and Strategic Initiatives at Invest Atlanta. \u0026ldquo;We\u0026rsquo;re really encouraged by the proposed design and architectural detail they want to do on these properties. They\u0026rsquo;re really kind of changing the landscape of what these looked like. For all intents and purposes, they\u0026rsquo;re going to look completely different. Which I think is hugely important to help set a tone. And change the narrative that we\u0026rsquo;re not just talking about painting windows. This is real change.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe redevelopment of existing multi-family properties in English Avenue and Vine City is a primary focus of this effort as it provides a significant opportunity to positively impact the availability of quality, affordable rental housing in the community.\u003c/p\u003e\r\n\r\n\u003cp\u003eHagar Civilization Training Missionary (CTM) is a 501(C)3 nonprofit volunteer organization that provides unsubsidized affordable rental housing to low-income senior, disabled, and veteran residents. Hagar CTM\u0026rsquo;s work has significantly improved the quality and mix of housing stock in their target neighborhoods, while also creating new employment opportunities. Hagar also partners with organizations like the Atlanta Community Food Bank to provide wrap-around services to residents.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta has worked with Hagar CTM several times already. Most recently, the Invest Atlanta Board approved an $812,000 grant from the Westside Tax Allocation District (TAD) Community Improvement Fund and an $812,000 loan from the Vine City Housing Trust Fund to support the conversion of 7 vacant properties into 20 affordable housing units.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":201,"title":"Civic-Based Workspace Constellations a Great Asset for Sweet Auburn","promo_title":"Civic-Based Workspace Constellations a Great Asset for Sweet Auburn","published_date":"2018-06-19","featured_image":{"id":663,"parent_id":5,"resource_file_name":"constellations_v1.png","resource_content_type":"image/png","resource_file_size":1139940,"resource_updated_at":"2018-06-19T13:45:08.633-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-06-19T13:45:08.696-04:00","updated_at":"2018-06-26T09:39:53.995-04:00","filename_hash":"constellations_v1_DNvkbjQ.png","width":1200,"height":686},"filename":"civic-based-workspace-constellations-a-great-asset-for-sweet-auburn","meta_data_id":null,"published":true,"token":"WVfxvA","created_at":"2018-06-19T13:45:19.336-04:00","updated_at":"2018-06-25T13:40:02.136-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \u003ca href=\"https://www.constellations.community/\"\u003eConstellations\u003c/a\u003e, a collaborative working space focused on community building in Sweet Auburn, is thriving thanks in part to funding the project received through\u0026nbsp;the Eastside Tax Allocation District (TAD).\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003e\u003ca href=\"https://www.constellations.community/\"\u003eConstellations\u003c/a\u003e, a collaborative working space focused on community building in Sweet Auburn, is thriving\u0026nbsp;thanks in part to funding the project received through\u0026nbsp;the Eastside Tax Allocation District (TAD).\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eLocated on Auburn Avenue in the Sweet Auburn Historic District near Downtown, the building was originally designed by the famous Atlanta architect Neel Reid as a school book repository.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eGene Kansas renovated this historically significant building into a culturally-inspiring workspace that helps to celebrate the Sweet Auburn neighborhood\u0026rsquo;s long-time role as a center for African-American-owned businesses.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;As our name suggests, Constellations is a place where stars come together and shine,\u0026rdquo; said Kansas.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eSome of these \u0026ldquo;stars\u0026rdquo; include \u003ca href=\"https://mygivingpoint.org/\"\u003eGiving Point\u003c/a\u003e, a social enterprise focused on education through service, local artist \u003ca href=\"http://www.fahamupecouart.com/\"\u003eFahamu Pecou\u003c/a\u003e, Georgia Tech, Georgia State, and \u003ca href=\"https://savingplaces.org/places/atlanta-field-office#.Wyk_8adKiUk\"\u003eThe National Trust for Historic Preservation\u003c/a\u003e. All tenants agree to a minimum one a one-year lease to allow them to\u0026nbsp;establish deeper roots in the community.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta supported the project with a $200,000 Eastside TAD Resurgens Grant.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Invest Atlanta\u0026rsquo;s contribution through the Resurgens Grant allowed us to provide 25% of our space for free to community-oriented non-profits and individuals,\u0026rdquo; said Kansas.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe workspace is approximately 9,500 square feet and features offices, studies, the North Star Library, dedicated desks, a board-quality conference room, the Milky Way Coffee Bar, communal areas, team rooms, and a podcast studio.\u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":200,"title":"The Remington to Offer Quality, Safe \u0026 Affordable Housing to Northwest Atlanta Seniors","promo_title":"The Remington to Offer Quality, Safe \u0026 Affordable Housing to Northwest Atlanta Seniors","published_date":"2018-06-15","featured_image":{"id":662,"parent_id":5,"resource_file_name":"remington_insight_small.png","resource_content_type":"image/png","resource_file_size":1486539,"resource_updated_at":"2018-06-18T14:26:09.223-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-06-18T14:26:09.279-04:00","updated_at":"2018-06-26T09:40:21.173-04:00","filename_hash":"remington_insight_small_mpEPbwP.png","width":1000,"height":667},"filename":"the-remington-to-offer-quality-safe-affordable-housing-to-northwest-atlanta-seniors","meta_data_id":null,"published":true,"token":"9dIXYg","created_at":"2018-06-18T14:23:23.391-04:00","updated_at":"2018-06-25T13:43:46.934-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Remington officially opened its doors to senior residents at a celebration held at the development on Thursday, June 14.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Remington officially opened its doors to senior residents at a celebration held at the property on Thursday, June 14.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe high-quality, safe, and affordable senior housing development has already begun welcoming tenants\u0026nbsp;and will soon be at capacity. The Remington offers 160 units total, with 18 units set aside for those making 50% Area Median Income (AMI) and 142 units for those earning 60% AMI or less. No resident will pay more than 30% of their income on rent.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe residents all have energy-efficient appliances, including a washer\u0026nbsp;and dryer\u0026nbsp;in each unit, as well as access to a shared computer lab, community room, and fitness center.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;So much goes into creating a vision of something you can only see on paper,\u0026rdquo; Torian Priestly, Executive Vice President at The Benoit Group, said during the ceremony. \u0026ldquo;Projects like this take an enormous amount of effort, focus, and determination. Through that persistence, we were able to build The Remington to help with the neighborhood dream and to provide quality housing for our seniors.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eOther speakers at the ceremony included: Eddy Benoit, Jr., President \u0026amp; CEO of The Benoit Group; Ola Reynolds, Chairperson of NPU-G; Alan Ferguson, Senior VP of Community Development at Invest Atlanta; Ricardo Anderson of the Atlanta Housing Authority; and Carolyn Whatley from Capital One.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta supported this project through $11 million in tax-exempt bond financing, as well as project-generated property tax increment financing through the Hollowell-MLK TAD.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I\u0026rsquo;m so thankful The Benoit Group took the time to see what was here and have the vision of what could be, and what ended up being, a great residential property serving the surrounding seniors in this area,\u0026rdquo; said Ferguson. \u0026ldquo;It\u0026rsquo;s an absolute joy and privilege to be part of developments like this. This completely fits the vision for what Invest Atlanta sees as quality affordable housing in the City of Atlanta. We appreciate the example that you\u0026rsquo;re setting, and we appreciate the bar that you\u0026rsquo;re setting for other developers.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eCouncilmember Dustin Hillis was also in attendance. Council President Felicia Moore, who previously represented District 9, worked\u0026nbsp;this project since 2014.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Thank you all for what you have done,\u0026rdquo; said Ola Reynolds, Chairperson of NPU-G. \u0026ldquo;Isn\u0026rsquo;t it beautiful you all? That\u0026rsquo;s what we want.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;A project like this can be catalytic for other development in this area,\u0026rdquo; said Eddy Benoit, Jr., President \u0026amp; CEO of The Benoit Group. \u0026ldquo;Invest Atlanta has been a great partner for us throughout this process.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Northwest\n\u003c/span\u003e\n"},{"id":196,"title":"Hagar CTM Set to Transform Vacant Westside Properties Into Affordable Housing","promo_title":"Hagar CTM Set to Transform Vacant Westside Properties Into Affordable Housing","published_date":"2018-05-17","featured_image":{"id":650,"parent_id":5,"resource_file_name":"westside_home.jpg","resource_content_type":"image/jpeg","resource_file_size":1790880,"resource_updated_at":"2018-05-22T11:12:10.184-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-05-22T11:12:10.397-04:00","updated_at":"2018-07-17T16:01:45.345-04:00","filename_hash":"westside_home_V12PXlL.jpg","width":5160,"height":3108},"filename":"hagar-ctm-set-to-transform-vacant-westside-properties-into-affordable-housing","meta_data_id":null,"published":true,"token":"8EPgXQ","created_at":"2018-05-21T14:16:04.573-04:00","updated_at":"2018-05-29T09:34:34.839-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n With Invest Atlanta support, Hagar Civilization Training Missionary (CTM) will convert 7 vacant Vine City and English Avenue properties into 20 affordable housing units.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eWith Invest Atlanta support, Hagar Civilization Training Missionary (CTM) will convert 7 vacant Vine City and English Avenue properties into 20 affordable housing units. At their monthly board meeting in May, the IA Board of Directors approved an $812,000 grant from the Westside Tax Allocation District (TAD) Community Improvement Fund and an $812,000 loan from the Vine City Housing Trust Fund to support the project.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The work that you all [at Hagar CTM] are doing is really admirable, serving that community,\u0026rdquo; said IA Board Treasurer Randy Hazelton. \u0026ldquo;Unfortunately, organizations like yours don\u0026rsquo;t get the publicity they deserve, but we recognize and appreciate it.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe plans for this project involve taking vacant single-family properties in various stages of disrepair and converting them into multifamily units and a single-family home. Kelly Brown, a recent graduate of Invest Atlanta\u0026#39;s \u003ca href=\"https://www.investatlanta.com/impact-insights/board-approves-pre-development-fund-for-westside-tad-community-builders\"\u003eCommunity Builders\u003c/a\u003e\u0026nbsp;program, is assisting with the project. Rents will be affordable for residents earning below 50% of the Area Median Income (AMI). The Westside TAD Advisory Committee recommended approval of this project, and the Vine City Civic Association and English Avenue Neighborhood Association gave their positive recommendations.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eHagar CTM is a 501(C)3 nonprofit volunteer organization that provides unsubsidized affordable rental housing to low-income senior, disabled, and veteran residents. Hagar CTM\u0026rsquo;s work has significantly improved the quality and mix of housing stock in their target neighborhoods, while also creating new employment opportunities. Hagar also partners with organizations like the Atlanta Community Food Bank to provide wrap-around services to residents.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Their primary business model is to serve the underserved populations, whether it\u0026#39;s low-income seniors, the disabled, or veterans,\u0026rdquo; said Jennifer Fine, VP of Planning \u0026amp; Strategic Initiatives at Invest Atlanta.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eHagar recently completed\u0026mdash;with matching funds from Invest Atlanta\u0026mdash;a 10-unit senior citizen, veteran and accessible multi-family property that significantly improved the quality and mix of housing stock in the English Avenue community. (\u003ca href=\"investatlanta.com/impact-insights/hagar-celebrates-renovation-of-nine-affordable-units\"\u003eRead more here\u003c/a\u003e.)\u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":191,"title":"Partners In The Spotlight: Mtamanika Youngblood \u0026 Hamilton Howell House","promo_title":"Partners In The Spotlight: Mtamanika Youngblood \u0026 Hamilton Howell House","published_date":"2018-05-16","featured_image":{"id":633,"parent_id":5,"resource_file_name":"hamilton_howell_house_v2.jpg","resource_content_type":"image/jpeg","resource_file_size":1983294,"resource_updated_at":"2018-05-15T09:53:52.054-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-05-15T09:53:52.299-04:00","updated_at":"2018-07-17T16:03:16.922-04:00","filename_hash":"hamilton_howell_house_v2_38zkg9e.jpg","width":3944,"height":3016},"filename":"partners-in-the-spotlight-mtamanika-youngblood-hamilton-howell-house","meta_data_id":null,"published":true,"token":"lpLxUA","created_at":"2018-05-10T16:05:25.986-04:00","updated_at":"2018-05-15T09:54:01.783-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n An Invest Atlanta Community Empowerment Fund Grant helped Mtamanika Youngblood preserve a historic Sweet Auburn property.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eIn 1984, Mtamanika Youngblood and her husband George Howell were looking to move from the suburbs to the city and happened upon a house on Howell Street \u0026ndash; not far from Martin Luther King Jr.\u0026rsquo;s birthplace and childhood home. Despite its disrepair and downtrodden neighborhood, they decided to make it their own.\u003c/p\u003e\r\n\r\n\u003cp\u003eMtamanika and George soon learned that 102 Howell Street was built in 1890 by Alexander Hamilton Jr., Atlanta\u0026rsquo;s leading African American contractor, as his family home. Hamilton, in fact, was one of the business leaders who laid the groundwork for Sweet Auburn\u0026rsquo;s evolution into the center of African American cultural and commercial excellence. Mtamanika managed the substantial renovation of the home and ensured its recognition as a historic property in keeping with the State of Georgia\u0026rsquo;s Historic Preservation Division and utilizing the Secretary of the Interior standards for revitalization.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We didn\u0026rsquo;t touch the outside of the house for seven years because it would\u0026rsquo;ve stuck out like a sore thumb,\u0026rdquo; Mtamanika says. \u0026ldquo;But when we opened the front door, people were amazed by the inside.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eMtamanika and George had aspirations to revitalize the entire neighborhood - and did so one home at a time. They both joined the Board of the Historic District Development Corporation (HDDC) - which facilitates the preservation, revitalization, and non-displacement of residents in the Martin Luther King Jr. National Historic District - and learned that persistence pays.\u003c/p\u003e\r\n\r\n\u003cp\u003eEven after George\u0026rsquo;s passing, Mtamanika has continued their work. To date, she and the HDDC have renovated or built 120 architecturally compatible homes, as well as commercial, retail, and multi-family buildings. Mtamanika is once again renovating 102 Howell Street - this time to convert it into a bed and breakfast. When finished, it will be the only privately owned renovated historic house in the MLK District and its only bed and breakfast. An Invest Atlanta Community Empowerment Fund Grant helped Mtamanika make the property handicap accessible, and she hopes it will serve as a community amenity for gatherings, meetings, and receptions. There\u0026rsquo;s something special about the neighborhood that shaped Dr. Martin Luther King, Jr.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I want people to understand the importance of that legacy and tell the amazing stories of Atlanta\u0026rsquo;s prominent African Americans, like Alexander Hamilton Jr., in the context of Sweet Auburn.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eRead more of our \u0026ldquo;Partners In The Spotlight\u0026rdquo;\u0026nbsp;in our \u003ca href=\"/about-us/statements-records\"\u003e2017 Annual Report\u003c/a\u003e.\u003c/strong\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":189,"title":"Legacy at Vine City Breaks Ground, Will Offer 105 Affordable Senior Units","promo_title":"Legacy at Vine City Breaks Ground, Will Offer 105 Affordable Senior Units","published_date":"2018-05-05","featured_image":{"id":626,"parent_id":5,"resource_file_name":"legacy_vine_city.jpg","resource_content_type":"image/jpeg","resource_file_size":2275240,"resource_updated_at":"2018-05-02T10:29:38.012-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-05-02T10:29:38.274-04:00","updated_at":"2018-05-15T12:52:24.577-04:00","filename_hash":"legacy_vine_city_Bx3YVqV.jpg","width":5407,"height":3605},"filename":"legacy-at-vine-city-breaks-ground-will-offer-105-affordable-senior-units","meta_data_id":null,"published":true,"token":"dunVag","created_at":"2018-05-02T10:30:37.907-04:00","updated_at":"2018-05-15T12:52:24.559-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta joined with our partners to celebrate the April 27 groundbreaking of The Legacy at Vine City, a $20 million,\u0026nbsp;105-unit\u0026nbsp;affordable housing development for seniors above the age of 62.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta joined with our partners to celebrate the April 27 groundbreaking of The Legacy at Vine City, a $20 million, 105-unit affordable housing development for seniors above the age of 62. All residents will pay no more than 30% of their income on rent thanks to assistance from the Atlanta Housing Authority.\u0026nbsp; \u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;With this new project, people like my mother and my family, can now still have a place,\u0026rdquo; said Mayor Keisha Lance Bottoms. \u0026ldquo;As the 60th Mayor of this city and the product of the Vine City and English Avenue community, I say congratulations and the best is yet to come.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This project will allow us to have resident retention and it will address the affordable housing needs and concerns that we have in this community,\u0026rdquo; said Bishop Dexter Johnson of the Higher Ground Empowerment Center Church.\u003c/p\u003e\r\n\r\n\u003cp\u003eDuring the ceremony, the audience also heard from city officials and community leaders, including: Councilman Ivory Young, City of Atlanta, District 3; Alan Ferguson of Invest Atlanta; Ms. Catherine Buell, President, Atlanta Housing Authority; Ms. Laurel Hart, Division Director, Georgia Department of Community Affairs; and property developer Mr. Philip Searles, President of the Beverly J. Searles Foundation.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe state-of-the-art Legacy at Vine City community will offer 1- and 2-bedroom affordable apartments for senior living. The Higher Ground Empowerment Center Church (HGECC) is spearheading the development through its community development corporate The Oasis of Vine City, Inc. The Beverly J. Searles Foundation serve as co-developers and will help bring to life the 25-year-old vision of Bishop Johnson.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta supported The Legacy at Vine City through $10 million in tax-exempt bond financing, as well as a $1 million Vine City Trust Fund loan.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eOther key financial supporters included the Atlanta Housing Authority, Cabretta Capital, Community Development Trust, Georgia Department of Community Affairs, and PNC Real Estate.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":187,"title":"Adair Court to Bring 77 Affordable Senior Units to Atlanta BeltLine","promo_title":"Adair Court to Bring 77 Affordable Senior Units to Atlanta BeltLine","published_date":"2018-05-04","featured_image":{"id":624,"parent_id":5,"resource_file_name":"adair_court_v2.png","resource_content_type":"image/png","resource_file_size":1274609,"resource_updated_at":"2018-04-30T15:57:22.287-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-04-30T15:57:22.407-04:00","updated_at":"2018-05-15T12:52:13.330-04:00","filename_hash":"adair_court_v2_eXW9mbW.png","width":1453,"height":649},"filename":"adair-court-to-bring-77-affordable-senior-units-to-atlanta-beltline","meta_data_id":null,"published":true,"token":"fCwBjQ","created_at":"2018-04-30T16:00:14.544-04:00","updated_at":"2018-05-15T12:52:13.312-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta and the Atlanta BeltLine, Inc. (ABI) recently announced the development of a new 91-unit, senior housing facility located on the Westside Trail.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta and the Atlanta BeltLine, Inc. (ABI) recently announced the development of a new 91-unit, senior housing facility located on the Westside Trail. Through a $500,000 BeltLine Affordable Housing Trust Fund loan from Invest Atlanta to The Woda Group, Inc. and Parallel Housing, Inc., this investment will help fund affordable housing projects in the Adair Park Historic District.\u003c/p\u003e\r\n\r\n\u003cp\u003eLocated along the Atlanta BeltLine corridor, 77 of the units\u0026nbsp;will be affordable, while the remainder will be rented at market rate.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Affordable housing is an essential component of the Atlanta BeltLine and communities like Adair Court help maintain the diverse and inclusive fabric of Atlanta,\u0026rdquo; said Mayor Keisha Lance Bottoms. \u0026ldquo;Building an equitable Atlanta Beltline depends on developments like this to help increase access to quality, affordable housing. This announcement is another significant step forward in ensuring the residents of the Adair Park Historic District can share in our city\u0026rsquo;s success.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAdair Court is located at 806 Murphy Avenue. The $15 million development includes a picnic area, community garden, computer lab, workout facilities, on-site laundry and is only a few blocks from the West End MARTA station and ABI\u0026rsquo;s Westside Trail and Urban Farm. Just down the road, Carter Development recently announced its acquisition of the 40-acre Metropolitan property with plans for an $80 million adaptive reuse project to create office space and residential units. Projects such as this one and ABI\u0026rsquo;s Murphy Crossing development position the area along the Westside Trail as an imminent redevelopment node with the potential to generate jobs, housing, and economic activity along the transportation corridor.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Adair Park\n\u003c/span\u003e\n"},{"id":186,"title":"Board Approves Pre-Development Fund for Westside TAD Community Builders","promo_title":"Board Approves Pre-Development Fund for Westside TAD Community Builders","published_date":"2018-04-19","featured_image":{"id":619,"parent_id":5,"resource_file_name":"community_builders_event_2.jpg","resource_content_type":"image/jpeg","resource_file_size":1545156,"resource_updated_at":"2018-04-19T10:50:56.861-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-04-19T10:50:57.147-04:00","updated_at":"2018-04-19T10:52:02.125-04:00","filename_hash":"community_builders_event_2_xDNw3XR.jpg","width":5308,"height":3539},"filename":"board-approves-pre-development-fund-for-westside-tad-community-builders","meta_data_id":null,"published":true,"token":"z564Ug","created_at":"2018-04-19T10:52:02.099-04:00","updated_at":"2018-04-19T10:52:02.099-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n At the April 2018 monthly meeting, the Invest Atlanta Board of Directors approved the creation of a $150,000 Westside TAD Community Builders Pre-Development Fund.\u003cbr /\u003e\r\n\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt the April 2018 monthly meeting, the Invest Atlanta Board of Directors approved the creation of a $150,000 Westside TAD Community Builders Pre-Development Fund.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta launched the Community Builders program October 2017 to train Westside resident property owners and other community stakeholders in core property redevelopment skills. The six-month training concluded with final project presentations in March 2018.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Everyone I spoke to said the program was really valuable and taught them so much,\u0026rdquo; Dr. Klementich said of the Community Builders participants. \u0026ldquo;They feel encouraged about moving their projects forward.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAs a next step to assisting participants, Invest Atlanta will now take on a more well-rounded support process by providing graduates with grants for eligible pre-development expenses.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe fund will award grants of up to $15,000 for eligible pre-development expenses, such as site inspection, environmental assessments, and permitting. Awardees will have to provide 20% of the pre-development costs and have a clear plan for post-development operations of the project. They also must successfully complete the new Community Builders training program and have ownership or site control of the project property.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Not only are we really excited about bringing in new development, but especially because we are supporting it organically within the Westside neighborhoods,\u0026rdquo; said Dr. Eloisa Klementich, president and CEO of Invest Atlanta. \u0026ldquo;The Community Builders program and this new fund will support residents who want to develop properties within their communities.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eBoth the Community Builders pilot training program and Pre-Development Fund are funded through the Westside TAD and meet Invest Atlanta\u0026rsquo;s larger goals in the Westside neighborhoods of Vine City, English Avenue, and portions of Castleberry Hill. By helping participants develop core property redevelopment skills, while also providing up-front capital for their projects, this effort builds community capacity for revitalization efforts, helps retain existing residents, and improves the overall quality of life in the community.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":182,"title":"AEMI Supports New Arts-Focused Boys and Girls Club of Metro Atlanta Facility","promo_title":"AEMI Supports New Arts-Focused Boys and Girls Club of Metro Atlanta Facility","published_date":"2018-03-28","featured_image":{"id":595,"parent_id":5,"resource_file_name":"bgcma_closing_6.png","resource_content_type":"image/png","resource_file_size":2105269,"resource_updated_at":"2018-03-29T08:52:02.111-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-03-29T08:52:02.166-04:00","updated_at":"2018-03-29T09:36:34.945-04:00","filename_hash":"bgcma_closing_6_KDZqM7e.png","width":1167,"height":774},"filename":"deal-closed-boys-and-girls-club-of-metro-atlanta","meta_data_id":null,"published":true,"token":"NYOV4w","created_at":"2018-03-28T12:54:12.362-04:00","updated_at":"2018-03-29T09:36:34.933-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n On March, 28 2018, Atlanta Emerging Markets, Inc. (AEMI) closed on a $10 million New Markets Tax Credits transaction to support the construction of the Boys and Girls Club of Metro Atlanta\u0026rsquo;s new 25,000-square-foot facility in southwest Atlanta.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eOn March, 28 2018, Atlanta Emerging Markets, Inc. (AEMI) closed on a $10 million New Markets Tax Credits transaction to support the construction of the Boys and Girls Club of Metro Atlanta\u0026rsquo;s new 25,000-square-foot facility in southwest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe building is scheduled to be completed later this year, and once it opens, the Boys and Girls Club of Metro Atlanta (BGCMA) will be able to bring innovative, arts-focused youth development programming to Atlanta\u0026rsquo;s Westside neighborhoods.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe facility, located at 434 Peeples St. SW, will have an emphasis on engaging teens through the arts to achieve positive youth development outcomes. It replaces the currently outdated and underutilized John Harland facility and will be the first Club of its kind for emphasis on arts programming. The dedicated arts spaces will include music and film studios, visual arts studio and gallery, dance studio, maker space, graphic design and tech lab, and a spoken word caf\u0026eacute;.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAll this will be open and accessible to all BGCMA members. The organization was founded in 1938 and currently operates 25 locations across metro Atlanta.\u0026nbsp; They serve 9,000 unique members annually and see 3,500 individuals daily. Programming revolves around three core areas: academic success, healthy lifestyles, and character/leadership. Eighty-four of their funds are spent on programming, and member fees are only $50 per school year, which can be waived for financial need. The Club has seen strong results, as at the close of the 2015-2016 school year 95% of 6th-12th grade members were on track to graduate high school on time.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Boys and Girls club projects that 225 individuals will be served at this facility daily, up from the current total of 131 daily, and 1,100 individuals will be served annually. They will also look to partner on additional programming with Atlanta Public Schools, Woodruff Arts Center, SCAD, and Moving in the Spirit.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003ePhoto Credit: Boys and Girls Club of Metro Atlanta\u003c/em\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Site Selection\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":179,"title":"Pittsburgh Yards Marks Groundbreaking With Community Celebration","promo_title":"Pittsburgh Yards Marks Groundbreaking With Community Celebration","published_date":"2018-03-12","featured_image":{"id":574,"parent_id":5,"resource_file_name":"pittsburgh_yards_v5.png","resource_content_type":"image/png","resource_file_size":891660,"resource_updated_at":"2018-03-12T15:58:48.837-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-03-12T15:58:48.875-04:00","updated_at":"2018-03-12T16:02:42.559-04:00","filename_hash":"pittsburgh_yards_v5_E665yDo.png","width":789,"height":625},"filename":"pittsburgh-yards-marks-groundbreaking-with-community-celebration","meta_data_id":null,"published":true,"token":"nQ8Shw","created_at":"2018-03-12T15:57:11.828-04:00","updated_at":"2018-03-12T16:02:42.546-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Residents of southwest Atlanta\u0026rsquo;s Pittsburgh neighborhood gathered together to celebrate the groundbreaking ceremony for Pittsburgh Yards, a development that will be a catalyst of economic growth and equity for southside communities.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eResidents of southwest Atlanta\u0026rsquo;s Pittsburgh neighborhood gathered together to celebrate the groundbreaking ceremony for Pittsburgh Yards, a development that will be a catalyst of economic growth and equity for southside communities.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAlso in attendance were members of the Atlanta City Council, Invest Atlanta,\u0026nbsp;the Columbia Core Partners development team, and leaders from the Annie E. Casey Foundation, the nonprofit philanthropy that owns the parcel and has invested toward ensuring the development benefits the community.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003ePittsburgh Yards will be a key community-focused, economically-inclusive asset for the Southside and for the city as a whole. When complete, it will offer accessible rental rates for local small businesses to thrive. This in turn will create a range of employment and entrepreneurship opportunities even as it bolsters the sense of community in this part of the city.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Atlanta\u0026rsquo;s economic landscape is changing with more major development initiatives breaking ground south of Interstate 20,\u0026rdquo; said Eloisa Klementich, president and CEO of Invest Atlanta.\u0026nbsp;\u0026ldquo;Pittsburgh Yards will create a range of employment and entrepreneurship opportunities that will help bring new, sustainable growth and nearly $40 million in economic impact to the area.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe $26 million first phase of development will happen on the eastern side of the property around an existing 61,000 square foot structure that will create work spaces at accessible rental rates for approximately 100 businesses, including light-industrial, administrative, artisanal, maker and creative enterprises. A large, natural-turf green space will be created, along with a business-centric area that features repurposed shipping containers that will be used as work spaces and storefronts. The first phase will also include necessary road, sewer, storm-water management, landscaping and pedestrian-oriented infrastructure \u0026mdash; including a spur to the Atlanta BeltLine \u0026mdash; as well as three adaptable pad-ready sites.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe first phase of the development create approximately 200 new permanent jobs. And over the next decade, that number will climb to 1,000 new positions. And importantly, Annie E. Casey will work with the Center for Working Families and other organizations to ensure local residents have access to employment and training opportunities.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003ePittsburgh Yards is a critical project for south Atlanta, which over the next few years will see unprecedented levels of investment, from the former site of Turner Field to the Atlanta BeltLine to Ft. McPherson to Atlanta Hartsfield-Jackson International Airport.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta supported this project with a New Markets Tax Credits allocation through our community development subsidiary, Atlanta Emerging Markets, Inc. Since 2010, AEMI has invested in 16 projects, including Grady Hospital\u0026rsquo;s Emergency Center and Women and Infants Center, as well as Families First\u0026rsquo;s new headquarters.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAnd recently, Mayor Bottoms announced the news that AEMI will receive another $60 million allocation from the U.S. Treasury Department. We stand at the ready to support many more game-changing projects like Pittsburgh Yards in the years to come.\u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":175,"title":"IA Supports Workforce Housing at Edgewood-Candler Park MARTA Station","promo_title":"IA Supports Workforce Housing at Edgewood-Candler Park MARTA Station","published_date":"2018-02-20","featured_image":{"id":545,"parent_id":5,"resource_file_name":"edgewood_tod_new.png","resource_content_type":"image/png","resource_file_size":1509798,"resource_updated_at":"2018-02-20T15:18:59.257-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-02-20T15:18:59.300-05:00","updated_at":"2018-05-29T13:48:19.855-04:00","filename_hash":"edgewood_tod_new_XJJX9B4.png","width":953,"height":604},"filename":"workforce-housing-edgewood-tod","meta_data_id":null,"published":true,"token":"trl6Ag","created_at":"2018-02-20T15:19:51.867-05:00","updated_at":"2018-05-29T13:48:19.837-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n A new transit-oriented development (TOD) near the Edgewood-Candler Park MARTA Station will include 34 affordable workforce housing units, thanks to support from Invest Atlanta.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eA new transit-oriented development (TOD) near the Edgewood-Candler Park MARTA Station will include 34 affordable workforce housing units, thanks to support from Invest Atlanta.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe IA board approved a resolution to issue $42.9 million in lease purchase bonds to support the project. The residential and retail development is nearly complete, and once open, will offer 224 rental units, 34 of which will be workforce housing units affordable to households earning 80% AMI or below.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eBy converting underutilized parking to productive mixed-use space, this TOD will provide new mixed-income housing, retail, and service options to the surrounding community. The total economic output for the project is estimated to be over $60 million.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThis project aligns with Invest Atlanta\u0026#39;s goal to create more affordable living options close to transit, and with it, greater access to opportunities for our residents. Invest Atlanta has supported MARTA\u0026rsquo;s Transit Oriented Development strategy with other projects, including one at \u003ca href=\"http://www.investatlanta.com/impact-insights/invest-atlanta-supports-projects-key-to-citys-past-present-and-future\"\u003eKing Memorial Station\u003c/a\u003e.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003e\u003cstrong\u003eUPDATE: \u003c/strong\u003eInvest Atlanta closed on the $42.9MM lease-purchase bond in early May 2018, a few months before the development\u0026#39;s grand opening.\u003c/em\u003e\u003c/p\u003e\r\n\r\n\u003cdiv\u003e\u0026nbsp;\u003c/div\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":167,"title":"Invest Atlanta Names Dawn Luke Chief Operating Officer","promo_title":"Invest Atlanta Names Dawn Luke Chief Operating Officer","published_date":"2018-01-09","featured_image":{"id":513,"parent_id":5,"resource_file_name":"dawnluke-cco-facebook-v2.jpg","resource_content_type":"image/jpeg","resource_file_size":85002,"resource_updated_at":"2018-02-06T15:03:32.732-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-02-06T15:03:32.759-05:00","updated_at":"2018-02-06T15:03:40.419-05:00","filename_hash":"dawnluke-cco-facebook-v2_4XEZym6.jpg","width":1200,"height":537},"filename":"invest-atlanta-names-dawn-luke-chief-operating-officer","meta_data_id":null,"published":true,"token":"2wZvEQ","created_at":"2018-02-04T13:56:20.053-05:00","updated_at":"2018-02-06T15:03:40.411-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta announced the appointment of Dawn Luke as chief operating officer of Invest Atlanta.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta announced the appointment of Dawn Luke as chief operating officer of Invest Atlanta. As a longtime employee of Invest Atlanta and member of its Executive Team, Ms. Luke brings substantial knowledge of Invest Atlanta and all facets of the agency\u0026rsquo;s operations to the position. In her new role, Ms. Luke will oversee Invest Atlanta\u0026rsquo;s finance, information technology, human resources and investment services departments, and continue to support Invest Atlanta\u0026rsquo;s community development programs.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I could not be prouder to announce Dawn Luke as our new COO,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;She is a proven leader and a passionate advocate for community development and affordable housing. I look forward to working alongside her as we strive to make Invest Atlanta more efficient, responsive and innovative than ever before.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eWith more than 20 years of experience at Invest Atlanta and the Urban Residential Finance Authority, she is an expert in housing development, finance, neighborhood investment and other areas of community development. Ms. Luke previously served as Invest Atlanta\u0026rsquo;s senior vice president of Community Development and was responsible for providing leadership and strategic direction in the successful execution of a shared vision of comprehensive community development, quality affordable housing, and economic growth in the City of Atlanta\u0026rsquo;s 10 Tax Allocation Districts (TADs).\u003c/p\u003e\r\n\r\n\u003cp\u003eBefore that, she was Managing Director of Housing Finance for five years overseeing the successful implementation of over $250 million in pivotal affordable housing programs which served to provide viable housing solutions for Atlanta\u0026rsquo;s workforce, seniors, disabled and individuals confronted with homelessness. During her tenure with Invest Atlanta, Ms. Luke also managed and operated a multifamily and single-family housing bond portfolio of approximately $1.6 billion and more than 20,000 units of housing.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;It is an honor and privilege to accept this position,\u0026rdquo; said Dawn Luke. \u0026ldquo;Over the years, I have seen Invest Atlanta grow into one of the premier organizations of its kind in the world, thanks in large part to our talented and dedicated staff. Under the leadership of Mayor Keisha Lance Bottoms and Dr. Klementich, our organization will continue to play a key role in fostering growth, equity and inclusion in Atlanta. I cannot wait to get started in this role.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eMs. Luke earned a Bachelor of Arts degree in economics from Spelman College and a MBA in International Business from Georgia State University. She currently serves as President Emeritus of the board of directors of Georgia Sustainable Committee Alliance, Chairwoman of the Southwest Atlanta Partnership board of directors, an active member of the board of directors for the National Association of Local Housing Finance Agencies (NALHFA), the Atlanta Land Trust as well as Partners for Prosperity.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":151,"title":"Financing Approved for Preservation of 812 Affordable Housing Units","promo_title":"Financing Approved for Preservation of 812 Affordable Housing Units","published_date":"2017-12-07","featured_image":{"id":381,"parent_id":34,"resource_file_name":"rolling_bends_3_feature.png","resource_content_type":"image/png","resource_file_size":1535694,"resource_updated_at":"2017-12-21T16:12:21.446-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T16:12:21.642-05:00","updated_at":"2017-12-21T16:13:29.521-05:00","filename_hash":"rolling_bends_3_feature_MYqVPxj.png","width":966,"height":724},"filename":"financing-approved-for-preservation-of-812-affordable-housing-units","meta_data_id":null,"published":true,"token":"M764EA","created_at":"2017-12-21T16:13:28.453-05:00","updated_at":"2017-12-21T16:13:28.453-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The URFA Board of Directors approved financing for the acquisition and rehabilitation of 812 units of affordable rental housing.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe URFA Board of Directors recently approved financing for the acquisition and rehabilitation of three multifamily rental complexes with 812 units of affordable rental housing.\u003c/p\u003e\r\n\r\n\u003cp\u003eAt 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, and Rolling Bends II. Here are the details:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eAllen Hills:\u0026nbsp;$66.7 million in tax-exempt bond financing will support the preservation of 458 units of multifamily housing in the Westhaven community.\u003c/li\u003e\r\n\t\u003cli\u003eRolling Bends I \u0026amp; II:\u0026nbsp;The URFA board approved a bond resolution approving $28.75 million and another for $33.35 million in tax-exempt bond financing. This will support a total of 354 units within the two complexes located in northwest Atlanta.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We are excited we are able to preserve affordable housing for families,\u0026rdquo; said Dawn Luke, Senior Vice President of Community Development at Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eAll the units will be reserved for households earning no more than 60% of the Area Median Income (AMI). (For example, a family of two can earn up to $33,390 and be eligible.) In addition, HUD subsidies ensure all residents will pay no more than 30% of their income in rent.\u003c/p\u003e\r\n\r\n\u003cp\u003ePreservation Partners Development will own and manage all three properties. They\u0026rsquo;ll soon start making extensive renovations to all three properties, including upgrades to kitchens, windows, and community spaces. In addition, the company will implement plans for both neighborhood integration and enhanced security, as well as work with nearby churches and community non-profits to offer support services to their residents.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":149,"title":"Civic Center to Be Redeveloped Into Mixed-Use Development With Affordable Housing","promo_title":"Redevelopment of Civic Center to Include Affordable Housing","published_date":"2017-11-21","featured_image":{"id":379,"parent_id":34,"resource_file_name":"civic-center.png","resource_content_type":"image/png","resource_file_size":1242938,"resource_updated_at":"2017-12-21T16:08:55.445-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T16:08:55.609-05:00","updated_at":"2017-12-21T16:10:08.967-05:00","filename_hash":"civic-center_vl6qay2.png","width":1005,"height":750},"filename":"civic-center-to-be-redeveloped-into-mixed-use-development-with-affordable-housing","meta_data_id":null,"published":true,"token":"UWSkDg","created_at":"2017-12-21T16:10:08.357-05:00","updated_at":"2017-12-21T16:10:08.357-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Kasim Reed announced the sale of the Civic Center to the Atlanta Housing Authority (AHA) for $31 million.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor 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.\u003c/p\u003e\r\n\r\n\u003cp\u003eAHA will partner with Weingarten Realty Investors to develop plans for the site, which is expected to result in a $300 million total investment, and will commit to 30 percent affordable housing at a time when affordability and mobility are the most important issues facing our city.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I am pleased to announce today that the City has closed on the sale of the Civic Center to our partners at the Atlanta Housing Authority, which has committed to making 30 percent of new residential units at this property affordable to low-income and working families,\u0026rdquo; said Mayor Reed.\u003c/p\u003e\r\n\r\n\u003cp\u003eThrough its HomeFlex program, AHA will build 250 low-income housing units. Through its bond inducement requirements, Invest Atlanta will support development of at least 10 percent workforce housing units. Overall, at least 30 percent of new residential units will be affordable to low-income and working families.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The redevelopment of the Civic Center will be a transformative project for north Downtown, bringing new jobs, investment, and amenities to the area,\u0026rdquo; said Rosalind Rubens Newell, general counsel for Invest Atlanta. \u0026ldquo;It will also create much-needed affordable workforce housing in the heart of our city, making it easier for more city residents to live near employment centers like Midtown and Downtown. Today\u0026rsquo;s announcement represents another important step forward in our work to increase economic vitality, mobility, and equity for all Atlantans.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We\u0026rsquo;re happy that we can help execute this game-changing acquisition,\u0026rdquo; says Catherine Buell, president and CEO of the Atlanta Housing Authority. \u0026ldquo;As the site land owner, we can collaborate with all parties in a way that allows AHA to structure and guarantee a level of permanent affordability.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe mixed-use development will also incorporate retail and commercial space, with consideration given to a performing arts venue.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":48,"title":"IA Moves Forward With Innovative Housing Affordability Strategies","promo_title":"IA Moves Forward With Innovative Housing Affordability Strategies","published_date":"2017-11-16","featured_image":{"id":256,"parent_id":33,"resource_file_name":"affordability_innovative_top.png","resource_content_type":"image/png","resource_file_size":1553524,"resource_updated_at":"2017-12-21T10:31:41.489-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T10:31:41.657-05:00","updated_at":"2017-12-21T10:37:50.990-05:00","filename_hash":"affordability_innovative_top_NnPxD6n.png","width":1081,"height":661},"filename":"ia-moves-forward-with-innovative-housing-affordability-strategies","meta_data_id":null,"published":true,"token":"iZgM8Q","created_at":"2017-12-21T10:37:50.414-05:00","updated_at":"2017-12-21T10:37:50.414-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors approved two resolutions to provide new opportunities for long-term affordability on the Westside.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe 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.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We recognize that we have to have a solution for all the residents living in this community,\u0026rdquo; said Dawn Luke, senior VP of community development for Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe board\u0026rsquo;s first action approved the selection of four developers to award the sale or ground lease of 24 vacant single-family home lots. These properties, all of which are located within the Westside TAD, will be redeveloped and marketed to residents earning between $39,000 \u0026ndash; $58,000 annually.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe homes will remain affordable through a community land trust model in which the trust acquires and maintains the land, while the homeowner finances and owns the improvements. When the homeowner sells, the family earns a portion of the increased property value. The remainder is kept by the trust, preserving the affordability for future low to moderate-income families. By separating the ownership of land and the home, this innovative approach lowers the property tax burden for the homeowners and guarantees that the housing will remain affordable for future generations.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe second board item focused on maintaining long-term affordability for Westside renters through the redevelopment of an existing multi-family property on English Avenue. The board authorized the staff to negotiate the terms of a long-term ground lease to allow the Westside Future Fund (WFF) to renovate 6 units for residents earning no more than 50% AMI. To ensure affordability in perpetuity, Invest Atlanta will retain ownership of the land and sell the building to WFF.\u003c/p\u003e\r\n\r\n\u003cp\u003eThis project supports the goals of the Invest Atlanta\u0026rsquo;s Westside TAD Neighborhood Strategic Implementation Plan and the Community Retention Strategy currently being finalized by the Westside Future Fund. Renovations are scheduled to be complete by the summer of 2018.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":46,"title":"Residents Learn About Atlanta BeltLine Affordability and Inclusionary Zoning","promo_title":"Residents Learn About Atlanta BeltLine Affordability and Inclusionary Zoning","published_date":"2017-11-02","featured_image":{"id":255,"parent_id":33,"resource_file_name":"beltline_iz_feature-1.jpg","resource_content_type":"image/jpeg","resource_file_size":73561,"resource_updated_at":"2017-12-21T10:26:45.894-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T10:26:46.033-05:00","updated_at":"2017-12-21T10:27:33.532-05:00","filename_hash":"beltline_iz_feature-1_lpV2BwY.jpg","width":800,"height":600},"filename":"residents-learn-about-atlanta-beltline-affordability-and-inclusionary-zoning","meta_data_id":null,"published":true,"token":"z3165w","created_at":"2017-12-21T10:27:32.954-05:00","updated_at":"2017-12-21T10:27:32.954-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Councilmember Andre Dickents recently led a special citywide conversation to discuss efforts to expand affordable housing around the Atlanta BeltLine.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eCouncilmember Andre Dickents recently led a special citywide conversation to discuss efforts to expand affordable housing around the Atlanta BeltLine.\u003c/p\u003e\r\n\r\n\u003cp\u003eAt 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 new rental housing developments with more than 10 units would be required to set aside a percentage of units for affordable workforce housing. Attendees at the October 12 event were able to learn more about this approach to create more opportunities for Atlanta to live affordably on the Atlanta BeltLine.\u003c/p\u003e\r\n\r\n\u003cp\u003eInclusionary zoning policy is not new to the City of Atlanta. Last year, Mayor Reed, Councilmember Dickens, and Invest Atlanta passed a new affordable housing policy last year that requires any developer receiving an incentive to either set aside 15% of total residential units for households earning 80% of Area Median Income (AMI) or 10% of units for households earning 60% AMI or below.\u003c/p\u003e\r\n\r\n\u003cp\u003eSince 2016, the City of Atlanta, Invest Atlanta, and our partners have allocated nearly $140 million to impact affordable housing and homelessness in our city, including $12 million from the Atlanta BeltLine Affordable Housing Trust Fund and $3.2 million from the BeltLine TAD. Additional funding was allocated through Invest Atlanta and the Atlanta Housing Authority ($60 million), Homeless Opportunity Bonds ($26 million + an additional $25 million from philanthropic sources), and Housing Opportunity Bonds ($40 million).\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":4,"title":"Westside Community Builders Program Officially Launched","promo_title":"Westside Community Builders Program Officially Launched","published_date":"2017-10-30","featured_image":{"id":39,"parent_id":5,"resource_file_name":"community_builders_feature.jpg","resource_content_type":"image/jpeg","resource_file_size":192291,"resource_updated_at":"2017-12-18T17:07:37.901-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-18T17:07:37.972-05:00","updated_at":"2017-12-20T13:30:56.249-05:00","filename_hash":"community_builders_feature_xD2qEjD.jpg","width":800,"height":600},"filename":"westside-community-builders-program-officially-launched","meta_data_id":null,"published":true,"token":"I1UL8A","created_at":"2017-12-20T11:41:58.394-05:00","updated_at":"2017-12-20T13:30:55.686-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The first members of the Community Builders program gathered at a welcoming reception to launch of the initiative.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe first members of the\u0026nbsp;Community\u0026nbsp;Builders program gathered at a welcoming reception the Invest Atlanta offices on October 26 to mark the official launch of the initiative.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest 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 commercial and multi-family properties. The goal of the program is to empower participants to partner with Invest Atlanta on the organization\u0026rsquo;s work on the Westside.\u003c/p\u003e\r\n\r\n\u003cp\u003eThrough this program, participants will learn core property redevelopment skills, and once they complete it, they\u0026rsquo;ll be eligible to apply for funding assistance to support their own redevelopment projects.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta has committed $15 million to the Westside Community Fund and leverages these dollars in coordination with public and private partners to address critical areas of need \u0026ndash; such as affordable housing, employment opportunities, and retail development. The work is focused on the neighborhoods of English Avenue, Vine City, and Castleberry Hill.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe work is being done in several different areas. First, IA is working to create and retain the affordable workforce housing stock so more people can call Atlanta \u0026ldquo;home,\u0026rdquo; whether they\u0026rsquo;re renting, leasing, or looking to buy a home.\u003c/p\u003e\r\n\r\n\u003cp\u003eFor example, IA is working with developers to turn 24 vacant properties into new affordable housing units in English Avenue and Vine City that will go to families earning 80%-100% of the area median income. IA is also expanding employment opportunities through our support of great organizations like Westside Works, and supporting area small businesses on the Westside like Steed Media Group through grants and low-interest small business loans. In addition, IA is improving quality of life in many ways, from removing blight to creating greenspace, and reenergizing the MLK corridor with economic investment to supporting service organizations like Families First.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe ultimate goals are to create jobs, invest in neighborhoods, and create greater equity in our communities. This is all being done along with our other economic and community development programs, as well as alongside Invest Atlanta\u0026rsquo;s many public and private partners.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":43,"title":"Invest Atlanta Joins 8th Annual APAB Citizen Engagement and Community Day","promo_title":"Invest Atlanta Joins Annual APAB Citizen Engagement and Community Day","published_date":"2017-10-28","featured_image":{"id":251,"parent_id":33,"resource_file_name":"apab_meeting_1_feature-1.jpg","resource_content_type":"image/jpeg","resource_file_size":46492,"resource_updated_at":"2017-12-21T10:14:36.930-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T10:14:37.092-05:00","updated_at":"2017-12-21T10:15:37.111-05:00","filename_hash":"apab_meeting_1_feature-1_OPqgQx9.jpg","width":800,"height":601},"filename":"invest-atlanta-joins-8th-annual-apab-citizen-engagement-and-community-day","meta_data_id":null,"published":true,"token":"POrJxw","created_at":"2017-12-21T10:15:36.123-05:00","updated_at":"2017-12-21T10:15:36.123-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta took an active role in the Atlanta Planning Advisory\u0026rsquo;s Citizen Engagement and Community Day, held at Zoo Atlanta.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta took an active role in the Atlanta Planning Advisory\u0026rsquo;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.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe annual event, now in its eighth year, aims to equip Atlanta residents with the information they need to mobilize their communities for positive change. This year\u0026rsquo;s event was themed, \u0026ldquo;MY City\u0026hellip;YOUR\u0026hellip; City\u0026hellip;OUR City,\u0026rdquo; and several panel discussions convened in the morning covered issues such as Economic Development, Health and Wellness, and Community Organizing and Public Policy. In the afternoon, attendees had the chance to participate in charrettes on affordable housing, economic and community development, and mobility.\u003c/p\u003e\r\n\r\n\u003cp\u003eThose who were able to attend gained valuable insights on how to advocate successfully for the resources, services, and programs they need to empower and strengthen their communities.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Atlanta Planning Advisory Board (APAB) draws on representation from the City of Atlanta\u0026rsquo;s Neighborhood Planning Unit (NPU) system and partner organizations. APAB\u0026rsquo;s mission is to facilitate citizen participation in advising City Administration and City Council on issues, goals, and objectives relative to Atlanta\u0026rsquo;s Comprehensive Development Plan. Bill Bozarth is the APAB representative on the Invest Atlanta Board of Directors.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":7,"title":"Boys \u0026 Girls Club Breaks Ground on The Innovation \u0026 Expression Studio","promo_title":"Boys \u0026 Girls Club's Innovation \u0026 Expression Studio Breaks Ground","published_date":"2017-10-12","featured_image":{"id":212,"parent_id":33,"resource_file_name":"bgc_pro_v1_feature.jpg","resource_content_type":"image/jpeg","resource_file_size":86117,"resource_updated_at":"2017-12-20T13:01:21.824-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T13:01:21.978-05:00","updated_at":"2017-12-20T13:03:40.444-05:00","filename_hash":"bgc_pro_v1_feature_W1aevkj.jpg","width":570,"height":428},"filename":"boys-girls-club-breaks-ground-on-the-innovation-expression-studio","meta_data_id":null,"published":true,"token":"LJIFTQ","created_at":"2017-12-20T13:03:39.926-05:00","updated_at":"2017-12-20T13:03:39.926-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Harland Boys \u0026amp; Girls Club broke ground on their new creative arts hub: The Innovation and Expression Studio (TIES).\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eOn Tuesday, October 10, the John H. Harland Boys \u0026amp; Girls Club in the West End of Atlanta broke ground on their new creative arts hub: The Innovation and Expression Studio (TIES).\u003c/p\u003e\r\n\r\n\u003cp\u003eThe new 27,000 square-foot space will provide arts and innovation programming to more than 200 children and teens per day. Both current members of the Harland Club, as well as youth from the surrounding area, will have access to TIES.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The focus is going to remain the same, helping kids reach their full potential,\u0026rdquo; said SunTrust CEO Bill Rogers during the speaking portion of the program. \u0026ldquo;But we\u0026rsquo;ll use creative youth development approach driven by arts, innovation, and expression.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe children and teens at TIES will have access to programming in the visual, performing, and culinary arts. Stephanie Blank, the outgoing Corporate Board chair for the Boys \u0026amp; Girls Clubs of Metro Atlanta announced that they had established partnerships with creative arts groups to provide training and educational support. The organizations include the Woodruff Arts Center, the High Museum of Art, Alliance Theater, the Atlanta Symphony Orchestra, Morehouse College, Spelman College, Georgia State University, Moving in the Spirit, Museum of Design Atlanta, the Center for Puppetry Arts, and re:imagine/ATL.\u003c/p\u003e\r\n\r\n\u003cp\u003eAtlanta Emerging Markets, Inc. (AEMI) supported the new center through a $7 million New Markets Tax Credit allocation. Other funding partners included The Harland Foundation, Chick-fil-A Foundation, Georgia-Pacific Foundation, LUBO Fund, Piedmont Charitable Foundation, SunTrust Bank Foundation, Toll Charitable Foundation, Wish Foundation, Fidelity Foundation, and the Atlanta Housing Authority (AHA).\u003c/p\u003e\r\n\r\n\u003cp\u003eAEMI is a U.S. Treasury-certified Community Development Entity (CDE) created by Invest Atlanta in 2006 that specializes in providing gap financing for projects that create jobs and revitalize Atlanta\u0026rsquo;s distressed neighborhoods.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n West End\n\u003c/span\u003e\n"},{"id":13,"title":"Long-Vacant Adair Elementary to Be Redeveloped Info Affordable Housing Units","promo_title":"Long-Vacant Adair Elementary to Be Redeveloped Info Affordable Housing Units","published_date":"2017-09-22","featured_image":{"id":219,"parent_id":33,"resource_file_name":"adair_park_feature_copy.jpg","resource_content_type":"image/jpeg","resource_file_size":208164,"resource_updated_at":"2017-12-20T13:57:49.341-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T13:57:49.500-05:00","updated_at":"2017-12-20T13:59:10.770-05:00","filename_hash":"adair_park_feature_copy_mpoarQ5.jpg","width":894,"height":670},"filename":"long-vacant-adair-elementary-to-be-redeveloped-info-affordable-housing-units","meta_data_id":null,"published":true,"token":"cMOtfw","created_at":"2017-12-20T13:59:10.090-05:00","updated_at":"2017-12-20T13:59:10.090-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Funding raised through the Housing Opportunity Bond will finance the adaptive reuse and redevelopment of the historic Adair Elementary School.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eOn 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\u0026rsquo;s.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe new development, called Academy Lofts, will include 35 residential units, of which 25 will be income-restricted to 60% Average Median Income (AMI). Another 5 will be income-restricted to 30% AMI. The school is located in the Adair Park neighborhood and is close to the West End and Oakland City MARTA rail stations.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Creatives Project, a local non-profit, will assist in marketing the units to local artists and creatives. The building will also include 10,000 square-feet of commercial and programmatic space. The resolution did not need to come before the full URFA board for approval.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Adair Park\n\u003c/span\u003e\n"},{"id":21,"title":"Sheltering Arms Early Education Center Officially Opens in Peoplestown","promo_title":"Sheltering Arms Early Education Center Officially Opens in Peoplestown","published_date":"2017-08-24","featured_image":{"id":229,"parent_id":33,"resource_file_name":"sheltering_arms_feature.jpg","resource_content_type":"image/jpeg","resource_file_size":2430033,"resource_updated_at":"2017-12-20T14:55:20.361-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T14:55:20.872-05:00","updated_at":"2017-12-20T14:55:37.267-05:00","filename_hash":"sheltering_arms_feature_1OmJlbw.jpg","width":5120,"height":3840},"filename":"sheltering-arms-early-education-center-officially-opens-in-peoplestown","meta_data_id":null,"published":true,"token":"jze3tw","created_at":"2017-12-20T14:55:36.763-05:00","updated_at":"2017-12-20T14:55:36.763-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Sheltering Arms, Georgia\u0026rsquo;s largest nonprofit early education and child care organization, opened its newest center with a ribbon cutting ceremony.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eSheltering Arms, Georgia\u0026rsquo;s largest nonprofit early education and child care organization, opened its newest center during a ribbon cutting ceremony on August 24. Members of the Atlanta Emerging Markets, Inc. (AEMI) team were on hand to celebrate the occasion.\u003c/p\u003e\r\n\r\n\u003cp\u003eLocated on the campus of Barack and Michelle Obama Academy (formerly D.H. Stanton Elementary School), the new 26,600 square-foot building will serve approximately 180 children and their families in the Peoplestown community. The center will provide high quality early education and care to children six weeks to five years of age, and serve as a partner with Atlanta Public Schools to promote a direct pipeline for education.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We are so excited about this brand new facility and the opportunity to impact the lives of children and families in this community,\u0026rdquo; said Blythe Keeler Robinson, president and CEO, Sheltering Arms. \u0026ldquo;Studies show that when children attend a high-quality early learning program, they\u0026rsquo;re more prepared for kindergarten and are more likely to succeed in school, graduate high school and college, and earn higher incomes as adults.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eSheltering Arms will also provide holistic support services that address a family\u0026rsquo;s needs from health and wellness to educational attainment to economic security.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe new facility will house 14 classrooms, with the infant, toddler and preschool rooms organized into \u0026ldquo;neighborhoods\u0026rdquo; that connect to offices for family support coaches and curriculum specialists. The building also has meeting rooms and hospitality areas for parents; a large multi-purpose room for indoor play and events; and a unique outdoor play area that mimics Georgia\u0026rsquo;s topography \u0026mdash; the Blue Ridge mountains, the Piedmont region and the coastal plains.\u003c/p\u003e\r\n\r\n\u003cp\u003eAEMI provided $6.3MM in New Markets Tax Credit (NMTC) allocation to provide financial support, and worked closely with Bank of America and Reinvestment Fund, a community development financial institution, to enable Sheltering Arms to secure financing to bridge capital campaign pledges and proceed with the construction of the building.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Peoplestown\n\u003c/span\u003e\n"},{"id":41,"title":"Invest Atlanta Approves Creation and Retention of Nearly 500 Units of Affordable and Workforce Housing","promo_title":"Creation and Retention of nearly 500 Affordable Workforce Housing Units Approved","published_date":"2017-07-20","featured_image":{"id":249,"parent_id":33,"resource_file_name":"avery_rendering_feature.jpg","resource_content_type":"image/jpeg","resource_file_size":292841,"resource_updated_at":"2017-12-21T10:06:04.526-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T10:06:04.720-05:00","updated_at":"2018-04-03T12:31:04.779-04:00","filename_hash":"avery_rendering_feature_1OmY7Ea.jpg","width":2223,"height":1667},"filename":"invest-atlanta-approves-creation-and-retention-of-500-units-of-affordable-and-workforce-housing","meta_data_id":null,"published":true,"token":"TbDKEg","created_at":"2017-12-21T10:08:03.113-05:00","updated_at":"2018-04-03T12:29:32.982-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \u003cdiv\u003e\r\n\u003cdiv\u003e\r\n\u003cdiv\u003e\r\n\u003cdiv\u003eMayor Kasim Reed and the Invest Atlanta board approved five projects that will support nearly 500 units of affordable workforce housing.\r\n\u003cdiv\u003e\u0026nbsp;\u003c/div\u003e\r\n\u003c/div\u003e\r\n\u003c/div\u003e\r\n\u003c/div\u003e\r\n\u003c/div\u003e\r\n\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt Invest Atlanta\u0026rsquo;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 484 units of affordable and workforce housing. The new developments will increase the availability of affordable housing within Atlanta\u0026rsquo;s in-town communities and are located near MARTA transit lines.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;For Atlanta to remain a place everyone can call home, we must continue to prioritize affordability and mobility. I am proud that the Invest Atlanta board was able to support the creation of nearly 500 units of affordable housing for working families,\u0026rdquo; said Mayor Kasim Reed. \u0026ldquo;I believe it is essential for every public agency in Atlanta to prioritize affordability, and I look forward to continuing to work with the development community to ensure more of our residents have access to affordable, high-quality housing.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Under Mayor Reed\u0026rsquo;s leadership, the board took significant action in our efforts to create, rehabilitate, and preserve affordable housing throughout Atlanta,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;Working with our partners at Atlanta Housing Authority (AHA), the City of Atlanta, and the Atlanta BeltLine Inc., our goal is to produce or rehabilitate 10,000 residential units for a range of incomes by 2020. Today, we took another step forward to achieve this.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe board approved resolutions dealing with five development projects:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eThe Avery at Underground Atlanta:\u0026nbsp;The board approved a $3.6 million Eastside TAD grant to develop a $36.7 million, 4-story workforce multifamily development within the heart of Underground Atlanta. Of the 180 total units, 150 (83%) will be income restricted to households earning 60% AMI or below and 30 units (17%) will be market-rate units targeted at households earning 80%-120% of AMI.\u003c/li\u003e\r\n\t\u003cli\u003eNewport South Downtown Redevelopment:\u0026nbsp;The board approved an $8 million Eastside TAD grant to Newport U.S. RE to renovate and adaptively reuse 38 buildings in South Downtown into a vibrant mixed-income, mixed-use neighborhood. The development will include 52 residential units, 11 of which will be targeted to households earning 80% AMI. The overall project is estimated to create 2,300 new permanent jobs and have an economic impact of $260 million.\u003c/li\u003e\r\n\t\u003cli\u003eKing Memorial MARTA Transit-Oriented Development (TOD):\u0026nbsp;The board approved a $6 million Eastside TAD grant to Place Properties to support the development of a $64.5 million, 385-unit modular multifamily community at the King Memorial MARTA station. Twenty-five percent of the units, or 93, will be income-restricted to households earning 80% AMI.\u003c/li\u003e\r\n\t\u003cli\u003eEdgewood Court Apartments:\u0026nbsp;The board approved an inducement resolution to issue $26.4 million in tax-exempt bonds to finance the acquisition, rehabilitation, and preservation of 222 units of multifamily affordable housing. These units are income-restricted to households earning 60% AMI, with residents paying no more than 30% of their income toward rent.\u003c/li\u003e\r\n\t\u003cli\u003eQuest Village at D\u0026rsquo;alvigney:\u0026nbsp;The board approved a resolution authorizing a $245,800 loan from the Vine City Housing Trust fund to rehabilitate a 12-unit multifamily development at 694 and 700 D\u0026rsquo;alvigney Street. Quest Community Development Organization will manage the construction.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta board approved an unprecedented 27 resolutions, including 16 projects that address our city\u0026rsquo;s most important goals like job growth, affordable housing, mobility, and neighborhood revitalization. From catalytic projects, like Underground Atlanta and Colony Square to transit-oriented development at King Memorial MARTA station, to preserving affordable housing in Edgewood, these newly approved projects will help our city for years to come. In total, these projects will bring more than 7,000 new jobs, a total capital investment in our city of over $750 million, an economic impact of $1.5 billion, and almost 500 affordable workforce housing units close to our major employment centers.\u003c/p\u003e\r\n\r\n\u003cp\u003eLast month, the Invest Atlanta board approved resolutions supporting the creation and retention of 161 affordable housing units. Looking ahead, a significant amount of funding for affordable housing will be invested in the coming years. This $140 million in funding includes $40 million from Housing Opportunity Bonds, $26 million in Homeless Opportunity Bonds (along with an additional $25 million contribution from the United Way), $60 million through a funding agreement between Invest Atlanta and the Atlanta Housing Authority (AHA), and $12 million from the Atlanta BeltLine Affordable Housing Trust Fund.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n South Downtown\n\u003c/span\u003e\n"},{"id":37,"title":"Cyclotron Arrival a Major Step Forward for Emory Proton Therapy Center","promo_title":"Cyclotron Arrives at Emory Proton Therapy Center","published_date":"2017-07-14","featured_image":{"id":244,"parent_id":33,"resource_file_name":"proton_center_main_option_2_feature.jpg","resource_content_type":"image/jpeg","resource_file_size":144609,"resource_updated_at":"2017-12-20T16:13:51.082-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T16:13:51.268-05:00","updated_at":"2017-12-20T16:15:08.015-05:00","filename_hash":"proton_center_main_option_2_feature_qN9gke9.jpg","width":1666,"height":1250},"filename":"cyclotron-arrival-a-major-step-forward-for-emory-proton-therapy-center","meta_data_id":null,"published":true,"token":"iv31Ug","created_at":"2017-12-20T16:15:07.344-05:00","updated_at":"2017-12-20T16:15:07.344-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The\u0026nbsp;Emory Proton Therapy Center\u0026rsquo;s cyclotron, nicknamed \u0026ldquo;Jocelyn,\u0026rdquo; will provide targeted cancer treatment to around 1,700 patients annually.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Emory Proton Therapy Center\u0026rsquo;s cyclotron, nicknamed \u0026ldquo;Jocelyn,\u0026rdquo; was loaded into the facility in front of dozens of onlookers on Thursday, July 13. Once operational, the Center will provide targeted cancer treatment to around 1,700 patients annually.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The most profound thing about today\u0026rsquo;s event is the tremendous capacity that this cyclotron has for saving lives and reducing suffering of cancer patients at their most vulnerable moments,\u0026rdquo; Mayor Kasim Reed said at the event.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe new facility will be part of North Avenue\u0026rsquo;s expanding medical technology district, and will bring 128 permanent medical jobs and $500 million in projected economic impact to Midtown.\u003c/p\u003e\r\n\r\n\u003cp\u003eMayor Reed added: \u0026ldquo;I\u0026rsquo;m proud that the City of Atlanta, through Invest Atlanta, has been able to partner with the Emory Proton Therapy Center to see that this facility realizes its full potential. The Proton Center will further solidify the City of Atlanta\u0026rsquo;s reputation as a global healthcare destination.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAshley Preisinger, GPTC President, spoke about the cylcotron\u0026rsquo;s journey in numerical terms. She said it took a 78-wheel truck towing a 210-foot trailer to bring the 90-ton proton accelerator on its 250-mile trip from Savannah to Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;But 35,000 is my favorite number, and the one that has kept me motivated during uncertain times,\u0026rdquo; she said. \u0026ldquo;That\u0026rsquo;s the number of patients we\u0026rsquo;ll be able to treat here over the next 20 years.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta board supported the Center by agreeing to issue up to $400 million in tax-exempt 501(c)(3) bonds, with proceeds going toward final construction costs and refinancing the project\u0026rsquo;s existing debt. And on June 28, 2017, the board approved the final bond pricing.\u003c/p\u003e\r\n\r\n\u003cp\u003eProton therapy is a highly-advanced form of radiation therapy that can provide cancer patients with an increased likelihood of superior clinical outcomes and fewer side effects or complications when compared to surgery, chemotherapy, and conventional radiation therapy alternatives. The Emory Proton Therapy Center will be one of just 25 such facilities in the U.S.\u003c/p\u003e\r\n\r\n\u003cp\u003eBuilding construction will continue as additional equipment for each of four gantry rooms arrives. Patient consults are slated to begin for the center in fall 2018, and the first patients will be treated in winter 2018.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Site Selection\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Midtown\n\u003c/span\u003e\n"},{"id":40,"title":"Dr. Klementich to CREW Atlanta: Let’s Strenghten Our Commercial Corridors","promo_title":"Dr. Klementich to CREW Atlanta: Let’s Strenghten Our Commercial Corridors","published_date":"2017-07-12","featured_image":{"id":248,"parent_id":33,"resource_file_name":"commercial_corridors_metropolitan_feature_1.png","resource_content_type":"image/png","resource_file_size":1603476,"resource_updated_at":"2017-12-21T09:59:35.930-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T09:59:36.204-05:00","updated_at":"2017-12-21T10:02:51.234-05:00","filename_hash":"commercial_corridors_metropolitan_feature_1_38XmLal.png","width":1042,"height":782},"filename":"dr-klementich-to-crew-atlanta-lets-strenghten-our-commercial-corridors","meta_data_id":null,"published":true,"token":"isjSSg","created_at":"2017-12-21T10:02:50.120-05:00","updated_at":"2017-12-21T10:02:50.120-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n President and CEO Dr. Eloisa Klementich emphasized the importance of investing in our city\u0026rsquo;s emerging corridors for CREW Atlanta.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta President and CEO Dr. Eloisa Klementich recently wrote about the importance of investing in our city\u0026rsquo;s emerging corridors for the CREW (Commercial Real Estate Women) Atlanta blog. Atlanta\u0026rsquo;s real estate industry will be deeply involved with this issue in the coming years, especially as the City of Atlanta\u0026rsquo;s population continues to grow.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003ca href=\"http://www.crewatlanta.org/\"\u003eCREW Atlanta\u003c/a\u003e\u0026nbsp;is a member of\u0026nbsp;\u003ca href=\"https://crewnetwork.org/home\"\u003eCREW Network\u003c/a\u003e. Founded in 1982, CREW Atlanta\u0026rsquo;s mission is to influence the success of the commercial real estate industry by advancing the achievements of women. CREW Network is the industry\u0026rsquo;s premier business networking organization dedicated to supporting the achievements of women in commercial real estate. Its 8,000 members represent nearly every discipline within the industry and are located in 74 major markets across North America. CREW Network seeks to influence the success of the commercial real estate industry by focusing on fulfilling four key initiatives: business development, leadership development, industry research and career outreach.\u003c/p\u003e\r\n\r\n\u003cp\u003eImages courtesy of City of Atlanta Department of Planning.\u003c/p\u003e\r\n\r\n\u003cp\u003eHere is Dr. Klementich\u0026rsquo;s article,\u0026nbsp;\u003ca href=\"http://www.crewatlantablog.com/strengthening-atlantas-commercial-corridors/\"\u003ereprinted in full\u003c/a\u003e:\u003c/p\u003e\r\n\r\n\u003cp\u003eStrengthening Atlanta\u0026rsquo;s Commercial Corridors\u003c/p\u003e\r\n\r\n\u003cp\u003eBy: Dr. Eloisa Klementich, President and CEO, Invest Atlanta\u003cbr /\u003e\r\nPublished: July 12, 2017\u003c/p\u003e\r\n\r\n\u003cp\u003eThe future strength and equity of Atlanta\u0026rsquo;s economy depends on several key factors, one of which is how we can effectively invest in our city\u0026rsquo;s emerging commercial corridors.\u003c/p\u003e\r\n\r\n\u003cp\u003eAs the City of Atlanta\u0026rsquo;s population is expected to double in the coming years\u0026mdash;from 465,000 today to an estimated 1.3 million by 2050\u0026mdash;a large percentage of these new residents will be living and working along our city\u0026rsquo;s major corridors. Therefore, we must invest in these to ensure they connect neighborhoods and accommodate growth in a way that benefits all Atlantans.\u003c/p\u003e\r\n\r\n\u003cp\u003eWe have all heard that many of Atlanta\u0026rsquo;s driving directions include the phrase, \u0026ldquo;Go down Peachtree.\u0026rdquo; It\u0026rsquo;s our city\u0026rsquo;s most prominent street, connecting the areas with the highest employment densities in the region: Downtown, Midtown, and Buckhead. Peachtree has thrived throughout Atlanta\u0026rsquo;s history, and will continue do so in the future.\u003c/p\u003e\r\n\r\n\u003cp\u003eBut Invest Atlanta is now focused on making targeted investments along corridors in Atlanta that are in development\u0026mdash;streets like Martin Luther King, Jr. Drive and Hollowell Parkway on the Westside, and Campbellton Road and Metropolitan Road in Southwest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eCurrently, all these major avenues share similar characteristics. They are all wide, multiple-lane roads filled with high-speed vehicular traffic. Commercial properties are often small and narrow in shape and separated long distances from each other by parking lots and underutilized properties. In addition, these corridors lack the amenities found in other parts of the city, such as greenspace and grocery stores.\u003c/p\u003e\r\n\r\n\u003cp\u003eTo be successful, Invest Atlanta and many partners are working to address these issues. Working on multiple fronts, we hope to ensure these corridors become vibrant, attractive, and equitable connectors between neighborhoods for all forms of mobility.\u003c/p\u003e\r\n\r\n\u003cp\u003eImproving infrastructure along these corridors is a key focus area for us. Last year, Mayor Kasim Reed and the City of Atlanta secured a $10 million TIGER grant from the U.S. Department of Transportation to fund the Martin Luther King, Jr. Drive Innovation Corridor Project. The grant will fund improvements along MLK that include roadway enhancements such as synchronized traffic lights, new sidewalks, improved medians, and upgraded crosswalks.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe City of Atlanta and Invest Atlanta are both working to create more greenspace along these corridors. Near Hollowell, the Bellwood Quarry will soon be transformed into a reservoir and Atlanta\u0026rsquo;s largest park. Along Metropolitan Parkway, the Invest Atlanta board has approved funding for a Livable Communities Initiative (LCI) plan and the creation of a multiuse trail through the area\u0026rsquo;s Tax Allocation District (TAD\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta and our partners are also working to create concentrated nodes of activity along these corridors. We\u0026rsquo;re doing so by coordinating and reconfiguring investment through property assembly, improving the marketability to targeted users, such as grocery stores, and creating an improved \u0026ldquo;sense of place\u0026rdquo; in the process. We\u0026rsquo;re also working to activate commercial activity in a targeted away. A few years ago, Invest Atlanta provided a grant to EUE/Screen Gems with the expansion of their film studio on the former site of the Lakewood Fairgrounds on Metropolitan Parkway. More recently, our board approved a $410,000 Cambellton Road TAD grant to build the Fort Mac FiberNet that will serve residents and businesses along Cambellton Road, as well those in the Oakland City, Sylvan Hills, Venetian Hills, and Capital View neighborhoods.\u003c/p\u003e\r\n\r\n\u003cp\u003eAnd looking ahead, Invest Atlanta is working with MARTA to create an Innovation Village at the Hamilton E. Holmes MARTA station adjacent to MLK, Jr. Dr. made entirely of repurposed shipping containers. This \u0026ldquo;iVillage,\u0026rdquo; first of its kind in the city, will offer transit-accessible, affordable office and retail space to Atlanta\u0026rsquo;s entrepreneurs eager to build and grow their new businesses.\u003c/p\u003e\r\n\r\n\u003cp\u003eAll these efforts go hand in hand with the work we do every day to support residents and business owners throughout the city through our small business loan programs and down payment assistance programs. Many of those who have used our programs live and work along these corridors.\u003c/p\u003e\r\n\r\n\u003cp\u003eOur approach here at Invest Atlanta will include a key focus on redeveloping our city\u0026rsquo;s most important commercial corridors. By doing so, we\u0026rsquo;ll strengthen the city\u0026rsquo;s core neighborhoods, address equity and support increased resiliency and mobility.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":53,"title":"Grant to Fund Affordable Workforce Housing in Downtown Development","promo_title":"Grant to Fund Affordable Workforce Housing in Downtown Development","published_date":"2017-06-20","featured_image":{"id":262,"parent_id":33,"resource_file_name":"161_peachtree_feature_1.jpg","resource_content_type":"image/jpeg","resource_file_size":63990,"resource_updated_at":"2017-12-21T10:48:59.602-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T10:48:59.755-05:00","updated_at":"2017-12-21T10:50:04.702-05:00","filename_hash":"161_peachtree_feature_1_XJ5YRL4.jpg","width":852,"height":640},"filename":"grant-to-fund-affordable-workforce-housing-in-downtown-development","meta_data_id":null,"published":true,"token":"fg_rcQ","created_at":"2017-12-21T10:50:04.095-05:00","updated_at":"2017-12-21T10:50:04.095-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Board of Directors approved a $9 million Eastside TAD grant to develop a residential tower with sixty affordable units.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt their June 15 meeting, the Invest Atlanta Board of Directors passed a resolution approving the use of $9 million from the Eastside Tax Allocation District (TAD) for the development of a $90.5 million, 14-story, 302-unit residential tower at 161 Peachtree Center Avenue in Downtown Atlanta. Sixty of the units, or 20 percent of the total units, will be set aside as affordable workforce housing.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I am pleased that Invest Atlanta is able to support a new residential development in Downtown Atlanta with 20 percent affordable, workforce housing units,\u0026rdquo; said Mayor Kasim Reed. \u0026ldquo;The development at 161 Peachtree will be the second new residential development for families and young professionals in Downtown Atlanta in the past decade, demonstrating that developers are growing increasingly confident about building in the core of our city. This is another example of how we are taking action to ensure high-quality, affordable housing options for all families.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eBanyan Street Capital LLC, the owner of Peachtree Center, is proposing to partner with Greystar, a national multifamily developer and property manager, to build the residential tower above an existing parking garage adjacent to Peachtree Center.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project will bring approximately 150 temporary construction jobs, and more than $90M in capital investment to the Downtown area. The total economic impact of the project is estimated at more than $129 million. Construction is expected to begin in early 2018.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This project will not only attract more residents and commercial activity to Downtown, but activate an existing structure in a new and innovative way that brings greater affordability and mobility to Atlanta,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;With 20 percent of the units being offered at 80 percent of area median income, more working families can live within a short walk or transit trip from Atlanta\u0026rsquo;s jobs centers.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe news about the 161 Peachtree residential tower continues the positive economic momentum already underway in Downtown Atlanta. Post Centennial Park apartment complex will open soon, and construction of the Castleberry Park and Hard Rock Hotel development is underway. In addition, WRS, Inc. will soon begin the redevelopment of Underground Atlanta into a live-work-play destination, ensuring significant investment in the South Downtown area.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Downtown\n\u003c/span\u003e\n"},{"id":61,"title":"Publix On Moores Mill Now Open for Business","promo_title":"Publix On Moores Mill Now Open for Business","published_date":"2017-06-09","featured_image":{"id":782,"parent_id":5,"resource_file_name":"publix.png","resource_content_type":"image/png","resource_file_size":1282466,"resource_updated_at":"2019-01-16T08:38:40.571-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2019-01-16T08:38:40.689-05:00","updated_at":"2019-01-16T08:38:58.463-05:00","filename_hash":"publix_1OP6zJ6.png","width":1251,"height":690},"filename":"publix-on-moores-mill-now-open-for-business","meta_data_id":null,"published":true,"token":"Houp6g","created_at":"2017-12-21T11:06:10.907-05:00","updated_at":"2019-01-16T08:38:58.442-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Kasim Reed, members of the Atlanta City Council, Dr. Klementich, and Publix representatives opened the Moores Mill grocery store.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Kasim Reed, alongside members of the Atlanta City Council, Dr. Eloisa Klementich, and representatives of Publix, cut the ribbon to announce the grand opening of a Publix grocery store at Moores Mill. The new Publix, part of the first phase of the $95 million shopping center development, opened for business later that morning.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Today marks a great day for Atlanta\u0026rsquo;s upper Westside, and we\u0026rsquo;re proud to partner with Publix on this development effort,\u0026rdquo; said Herbert Ames, Vice President of Southeast for EDENS, the project developer. \u0026ldquo;Publix and Moores Mill have already proven to be a community catalyst for this corridor, sparking significant interest and investment throughout the neighborhood.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe shopping center, originally envisioned over a decade ago, will house a grocery store in an area of Atlanta that has lacked this resource for years. Construction on the second phase of the center will begin this summer, with plans for up to 345 apartments and 15,000 square-feet of retail space.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta was instrumental in getting this project across the finish line. In 2015, the board approved $500,000 from the Perry Bolton TAD bond issue to fund the extension Moores Mill Road from Bolton Road into the shopping center, including new traffic signalization at the nearby intersection. This infrastructure work was integral to the redevelopment of the Moores Mill Shopping Center and the construction of a Publix grocery store as the anchor tenant.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;It\u0026rsquo;s kind of funny that we\u0026rsquo;re that excited about the opening of a grocery store but it\u0026rsquo;s that important to this side of town,\u0026rdquo; Kevin Shankwiler, a resident of the area, told CBS46. \u0026ldquo;It really means a lot to the\u0026nbsp;\u003ca href=\"http://www.cbs46.com/story/35553534/opening-of-new-publix-location-part-of-neighborhood-revitalization-project\"\u003efuture development\u003c/a\u003e\u0026nbsp;that\u0026rsquo;s going to happen over here.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":66,"title":"ATL Officials Break Ground on Vine City’s Rodney Cook, Sr. Park","promo_title":"ATL Officials Break Ground on Rodney Cook, Sr. Park","published_date":"2017-05-25","featured_image":{"id":275,"parent_id":33,"resource_file_name":"cook_park_feature.png","resource_content_type":"image/png","resource_file_size":5505055,"resource_updated_at":"2017-12-21T11:18:19.779-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T11:18:20.099-05:00","updated_at":"2017-12-21T11:19:13.703-05:00","filename_hash":"cook_park_feature_5E5p43y.png","width":2048,"height":1536},"filename":"atl-officials-break-ground-on-vine-citys-rodney-cook-sr-park","meta_data_id":null,"published":true,"token":"D6k9ug","created_at":"2017-12-21T11:19:13.218-05:00","updated_at":"2017-12-21T11:19:13.218-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Kasim Reed gathered with other Atlanta dignitaries for the groundbreaking ceremony for Rodney Cook, Sr. Park in Vine City.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Kasim Reed gathered with other Atlanta officials and dignitaries on May 19 for the groundbreaking ceremony for Rodney Cook, Sr. Park in Historic Vine City.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe $45 million, 16-acre park represents the largest investment in a public park in the Westside neighborhoods in more than fifty years, and will serve as a grand and appropriate symbol of the neighborhood\u0026rsquo;s tremendous historical legacy. The park, slated to be completed in summer 2018, will feature a stormwater retention pond, a splash-pad, a playground, a performance plaza, a picnic pavilion, courts for multi-use sports, a fitness area, a boardwalk, an overlook and terraced pools.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta donated approximately 4 acres of land for this critically important project.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We are proud to break ground today and watch this state-of-the-art park move from vision to reality,\u0026rdquo; said Mayor Reed. \u0026ldquo;The synergy to revitalize and reactivate the Historic Vine City neighborhood and surrounding areas is remarkable, and I would like to thank all the partners involved who are making a positive impact. Rodney Cook, Sr. Park in Historic Vine City will serve as a catalyst for economic development in the Westside, and be a source of pride for Atlanta for decades to come.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eMayor Reed was joined by Ambassador Andrew Young, Arthur Blank, Invest Atlanta President and CEO Eloisa Klementich, Department of Watershed Management Commissioner Kishia L. Powell, Department of Parks and Recreation Commissioner, Amy Phuong, Atlanta City Councilmember Ivory Lee Young, Jr., National Monuments Foundation President Rodney Cook, Jr., The Trust for Public Land Georgia State Director George Dusenbury and Higher Ground Empowerment Center Rev. Dexter Johnson at the official ceremony.\u003c/p\u003e\r\n\r\n\u003cp\u003eAs part of the park design, the Department of Watershed Management will carry out important environmental remediation work, and has committed $20 million to fund and manage the design and construction of a stormwater retention pond. The official name for the project is the Upper Proctor Creek Capacity Relief Pond at Cook Park. In response to the floods in Vine City over the past decades, the new park will be able to accommodate a 100-year flood event. Similar to the Historic Old Fourth Ward Park stormwater retention pond model, the project aims to reduce flooding and the amount of pollutants entering Atlanta\u0026rsquo;s waterways, as well as increase the capacity of the combined sewer system which will eliminate sewer spills.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Trust for Public Land and its design consultant firm, Andropogon, in collaboration with the City of Atlanta, worked with several stakeholders and the community to finalize the plan design. In addition, The Trust for Public Land is raising $12.7 million from the private sector for the construction and design of the greenspace. With lead gifts from the Arthur M. Blank Family Foundation and the Robert W. Woodruff Foundation, and support from other notable family and corporate foundations, The Trust for Public Land is on track to complete fundraising for the project by the end of September.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe park is named in honor of Rodney, Cook Sr., a former state representative from Atlanta who helped bridge racial divides. To pay tribute to the City of Atlanta being the cradle of the Civil Rights Movement, the park will include 18 statues of Georgia civil rights leaders and peacemakers, as well as a 110-foot peace column dedicated to civil and human rights and the Dr. C.T. Vivian Library of African American Literature.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":67,"title":"YMCA Regional HQ and Head Start Facility Coming to Vine City","promo_title":"YMCA Regional HQ and Head Start Facility Coming to Vine City","published_date":"2017-05-18","featured_image":{"id":276,"parent_id":33,"resource_file_name":"ymca_feature_second.png","resource_content_type":"image/png","resource_file_size":1597924,"resource_updated_at":"2017-12-21T11:22:06.602-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T11:22:06.841-05:00","updated_at":"2017-12-21T11:22:35.807-05:00","filename_hash":"ymca_feature_second_JjMQOax.png","width":1664,"height":1248},"filename":"ymca-regional-hq-and-head-start-facility-coming-to-vine-city","meta_data_id":null,"published":true,"token":"yX63hg","created_at":"2017-12-21T11:22:35.218-05:00","updated_at":"2017-12-21T11:22:35.218-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The IA board approved a $2.5 million Westside TAD grant for the YMCA of Metropolitan Atlanta Center in Vine City.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta board of directors approved at their May meeting a $2.5 million Westside TAD grant to fund the new YMCA of Metropolitan Atlanta Leadership and Learning Center in Vine City.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Center will house the YMCA of Metro Atlanta\u0026rsquo;s administrative offices and Head Start learning facility serving 70-90 children aged zero to four-years-old. Priority for these spaces will be given to eligible residents of Vine City, English Avenue, Castleberry Hill and other Westside neighborhoods.\u003c/p\u003e\r\n\r\n\u003cp\u003eA good deal of thought was put into the Center\u0026rsquo;s design, which involves the redevelopment of Jordan Hall, a privately‐owned former Morris Brown University facility. Based on the input received at community meetings and listening sessions, the Center will preserve the iconic entry building fronting Martin Luther King, Jr. Drive, and much of the new fa\u0026ccedil;ade will complement the style and scale of the original building. Significant areas of the Center will also be named to pay respect to the history of the site(pending approval from Morris Brown), including Bishop Jordan Hall Pavilion , the Asa Ware Early Learning Center, and the Ruth Hall Hodges Art Hall and Gallery.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe plans for the Center received recommendations from the Vine City Civic Association, NPU-L, and the Westside TAD Advisory Board.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Head Start learning facility will also serve as a regional innovation and training lab, providing training for all YMCA early learning classrooms and more than 1,500 YMCA staff throughout the southeast. Members of the surrounding communities, along with local non-profits, will also have access to the facility.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition, the Center will include a small community market offering quality, affordable groceries and healthy \u0026ldquo;grab and go\u0026rdquo; meal options sourced from local farms.\u003c/p\u003e\r\n\r\n\u003cp\u003eTwo-thirds of the funding for the $24 million Center will come from philanthropic contributions, raised as part of an aggressive YMCA capital campaign. Invest Atlanta is providing $2.5 million through the TAD grant approved on Thursday, and Atlanta Emerging Markets, Inc., Invest Atlanta\u0026rsquo;s certified community development entity, is using New Markets Tax Credits to attract private investors to contribute an additional $6.8 million to the project.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe YMCA of Metropolitan Atlanta Leadership and Learning Center is expected to begin construction this summer and open in the fall of 2018. Learn more about Invest Atlanta\u0026rsquo;s efforts on the Westside\u0026nbsp;\u003ca href=\"http://www.investatlanta.com/westside-tad-investments/\"\u003ehere\u003c/a\u003e.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":70,"title":"Reynoldstown Senior Residencies Celebrates Long-Awaited Opening","promo_title":"Reynoldstown Senior Residencies Celebrates Long-Awaited Opening","published_date":"2017-05-10","featured_image":{"id":281,"parent_id":33,"resource_file_name":"reynoldstown_ia_insight_400_2.jpg","resource_content_type":"image/jpeg","resource_file_size":534238,"resource_updated_at":"2017-12-21T13:02:24.149-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:02:24.545-05:00","updated_at":"2017-12-21T13:03:28.189-05:00","filename_hash":"reynoldstown_ia_insight_400_2_5E5pVDJ.jpg","width":4020,"height":3016},"filename":"reynoldstown-senior-residencies-celebrates-long-awaited-opening","meta_data_id":null,"published":true,"token":"pMbyzQ","created_at":"2017-12-21T13:03:27.486-05:00","updated_at":"2017-12-21T13:03:27.486-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The senior housing development along the Atlanta BeltLine offers 70 affordable housing units for residents over the age of 62.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAfter many years of hard work, the Reynoldstown Senior Residencies officially opened with a ribbon cutting ceremony on Thursday, May 4. The brand-new senior housing development along the Atlanta BeltLine offers 70 high-quality highly affordable housing units reserved for residents over the age of 62.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;What I find amazing is the commitment, not only of Invest Atlanta, but our partners in taking care of those who take care of us,\u0026rdquo; said Dawn Luke, SVP of Community Development at Invest Atlanta. \u0026ldquo;The seniors in this community have been the bedrock in this community for years, and the fact they get to reside and live in this community is amazing.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eMercy Housing, a nationally-recognized housing operator, will own and manage the Reynoldstown Senior Residencies. Financing for the project came from a variety of sources, including $5.5 million in financing from multifamily housing revenue bonds that the Invest Atlanta Board of Directors approved in 2014 under the leadership of Mayor Kasim Reed.\u003c/p\u003e\r\n\r\n\u003cp\u003eOther partners involved with the project include the Atlanta BeltLine, the City of Atlanta, U.S. Department of Housing and Urban Development, Atlanta City Councilmember Natalyn Archibong, the Georgia Department of Community Affairs, and the National Affordable Housing Trust.\u003c/p\u003e\r\n\r\n\u003cp\u003eHowever, few deserve more credit than Reynoldstown community activist Young Hughley, who originally began work on this project more than a decade ago. Through the non-profit he founded, Reynoldstown Revitalization Corporation, Hughley bought the property in 2002.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;What makes me happy and gives me joy is the end use, that\u0026rsquo;s my joy,\u0026rdquo; he said. \u0026ldquo;I want us to continue to do this difficult and hard work. I appreciate Mercy Housing and all the partners who helped to make it happen.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eProviding better housing options for our seniors is a key priority for Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eSince 2010, Invest Atlanta has joined with our public and private partners to invest in 9 senior housing developments located across the City of Atlanta. Most recently, Invest Atlanta has worked on projects such as City Lights in the Old Fourth Ward, The Remington in Carey Park, and Abernathy Towers in the West End.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAll these senior housing developments ensure more members of the City of Atlanta\u0026rsquo;s senior population, who represent the legacy of their respective communities, can age in place in a facility with the accessibility and amenities they need to thrive.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":72,"title":"Board Takes Steps Forward on Westside Affordable Housing","promo_title":"Board Takes Steps Forward on Westside Affordable Housing","published_date":"2017-05-03","featured_image":{"id":282,"parent_id":33,"resource_file_name":"oasis_vine_city_rendering_400.png","resource_content_type":"image/png","resource_file_size":1102623,"resource_updated_at":"2017-12-21T13:07:14.392-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:07:14.563-05:00","updated_at":"2017-12-22T08:40:43.463-05:00","filename_hash":"oasis_vine_city_rendering_400_BxkNe82.png","width":825,"height":619},"filename":"board-takes-steps-forward-on-westside-affordable-housing","meta_data_id":null,"published":true,"token":"f_yU6g","created_at":"2017-12-21T13:07:58.754-05:00","updated_at":"2017-12-21T13:07:58.754-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors signed off on two efforts to create more affordable housing options on the Westside.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt their April meeting, the Invest Atlanta Board of Directors signed off on two efforts to create more affordable housing options on the Westside.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe first, on Dalvigney Street in English Avenue, will involve the renovation of 12 units for residents earning no more than 50 percent area median income (AMI), with rents capped at 30 percent of income. And the 105-unit Oasis of Vine City complex will be reserved for seniors above the age of 62, who will pay no more than 60 percent AMI.\u003c/p\u003e\r\n\r\n\u003cp\u003eFor the Dalvigney Street properties, the board authorized staff to negotiate a ground lease with Quest Community Development Organization. Once terms are agreed to, Quest will convert the currently vacant facilities into 12 newly refurbished units, all with robust affordability requirements.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta originally bought the Dalvigney Street property as part of the larger Westside land acquisition strategy.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The purchase of this property was made with the intention of redeveloping this, along with our other multi-family assets, for affordable housing,\u0026rdquo; said Jennifer Fine, VP of Planning and Strategic Initiatives. \u0026ldquo;Having access to affordable rental housing is one of the top priorities identified by [Westside] residents.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe site is located on the same block as two other Invest Atlanta projects on the Westside:\u0026nbsp;\u003ca href=\"http://insight.investatlanta.com/2017/03/07/hagar-celebrates-renovation-of-nine-affordable-units/\"\u003eHagar House\u003c/a\u003eand the\u0026nbsp;\u003ca href=\"http://insight.investatlanta.com/2017/04/04/mattie-freeland-community-house-opening/\"\u003eMattie Freeland Community House\u003c/a\u003e. Quest has previously partnered with Invest Atlanta to finance the\u0026nbsp;\u003ca href=\"http://insight.investatlanta.com/2016/11/17/new-home-for-westside-works-opens-in-vine-city/\"\u003eQuest Community Complex\u003c/a\u003e, the new home of Westside Works.\u003c/p\u003e\r\n\r\n\u003cp\u003eWith Oasis of Vine City, the board approved a $10 million bond resolution to fund the construction of 105 units of senior housing, enabling these long-time residents to age in place in their communities. Additional funding for the project will come from a variety of sources, including Georgia\u0026rsquo;s Department of Community Affairs, the Vine City Trust Fund, and affordable housing tax credits.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe units will all be affordable and high quality, with amenities such as energy efficient appliances, pre-wired security, and a fitness center.\u003c/p\u003e\r\n\r\n\u003cp\u003eBoth Dalvigney and Oasis of Vine City support the goals of the Westside TAD Neighborhood Strategic Implementation Plan and the Community Retention Strategy currently being finalized by the Westside Future Fund.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":74,"title":"IA to Redevelop Westside Properties Into Affordable Workforce Housing","promo_title":"IA to Redevelop Westside Properties Into Affordable Workforce Housing","published_date":"2017-04-21","featured_image":{"id":284,"parent_id":33,"resource_file_name":"westside_400.jpg","resource_content_type":"image/jpeg","resource_file_size":997245,"resource_updated_at":"2017-12-21T13:12:22.689-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:12:23.047-05:00","updated_at":"2017-12-21T13:12:44.925-05:00","filename_hash":"westside_400_7J6b31p.jpg","width":4032,"height":3024},"filename":"ia-to-redevelop-westside-properties-into-affordable-workforce-housing","meta_data_id":null,"published":true,"token":"8nokDw","created_at":"2017-12-21T13:12:44.326-05:00","updated_at":"2017-12-21T13:12:44.326-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta is seeking to develop 24 abandoned land parcels in English Avenue and Vine City into affordable workforce housing.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta recently announced the release of a Request for Proposals (RFP) seeking to develop 24 single-family properties in Atlanta\u0026rsquo;s English Avenue and Vine City neighborhoods, with the goal of turning these currently abandoned land parcels into affordable workforce housing units.\u003c/p\u003e\r\n\r\n\u003cp\u003eThis redevelopment of 24 Invest Atlanta-owned properties will add new housing for Westside residents and help to reduce blight, enhance security and catalyze future private investment in these communities. The acquisition of these vacant and blighted properties for development was completed as part of the Westside TAD Neighborhood Strategic Implementation Plan with the approval of the Invest Atlanta board of directors.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We implemented a Westside land assembly strategy in 2014 to activate vacant and blighted land, putting these properties to use for the community as affordable workforce housing,\u0026rdquo; said Dr. Eloisa Klementich, president and CEO, Invest Atlanta. \u0026ldquo;This initiative is one part of our larger strategy to encourage equitable development that benefits residents in English Avenue, Vine City and other Westside neighborhoods.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eDevelopers can submit bids using a variety of unique and innovative housing types, whether through new construction or the renovation of existing homes. All responses must align with the vision articulated in the Land Use Action Plan, which recommends the preservation of homes with historical importance and the implementation of new housing design that is consistent with the existing historic homes.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This effort will bring a variety of new affordable housing options to English Avenue and Vine City while also preserving the heritage of these historic neighborhoods,\u0026rdquo; said Dawn Luke, senior vice president of Community Development, Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eAll units also must be developed for homeownership and be made available at prices affordable to households earning a maximum of 120 percent of the area median income for Atlanta\u0026rsquo;s metropolitan statistical area. A new unit also needs to be certified through the EarthCraft House residential green building program, demonstrating it is designed in an energy and resource efficient way.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":79,"title":"New Community Space Honors English Avenue’s Mattie Freeland","promo_title":"New Community Space Honors English Avenue’s Mattie Freeland","published_date":"2017-04-04","featured_image":{"id":289,"parent_id":33,"resource_file_name":"mattie_house_400.jpg","resource_content_type":"image/jpeg","resource_file_size":826601,"resource_updated_at":"2017-12-21T13:32:12.030-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:32:12.397-05:00","updated_at":"2017-12-21T13:32:32.557-05:00","filename_hash":"mattie_house_400_38XmmKP.jpg","width":4032,"height":3024},"filename":"new-community-space-honors-english-avenues-mattie-freeland","meta_data_id":null,"published":true,"token":"AI2SAg","created_at":"2017-12-21T13:32:31.707-05:00","updated_at":"2017-12-21T13:32:31.707-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Mattie Freeland Community House will host workshops, classes, and meetings for English Avenue residents.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Mattie Freeland Community House officially opened on Friday, March 31 in Atlanta\u0026rsquo;s English Avenue neighborhood.\u003c/p\u003e\r\n\r\n\u003cp\u003eThis new space will host workshops, classes, and meetings, all offering nearby residents a place to learn new skills, make connections within their community, and grow as individuals. Classes will focus on areas such as financial literacy, computer basics, and resume building. Neighbors will also be able to come together to discuss issues impacting the community such as affordable housing.\u003c/p\u003e\r\n\r\n\u003cp\u003eMattie Freeland, known affectionately as \u0026ldquo;Miss Mattie,\u0026rdquo; was an English Avenue anchor and icon for decades, opening her home to children and offering support to those in need.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;From this corner she brought healing, from this corner she brought restoration, and from this corner she brought reconciliation,\u0026rdquo; said New Life\u0026rsquo;s Senior Pastor Rev. Timothy Rodgers. \u0026ldquo;We will continue to build on her legacy and continue what she was doing here.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eDr. Mironda Williams, Miss Mattie\u0026rsquo;s granddaughter, was there to celebrate the grand opening, and shared stories of how her grandmother encouraged her to achieve her dream of becoming a doctor. Dr. Williams also announced that she was launching The Mattie Elizabeth Patterson Freeland Foundation.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;What I hope that foundation will be is to replicate what has happened in this community, and create community safe spaces for our children, for our neighbors, for our elderly,\u0026rdquo; she said.\u003c/p\u003e\r\n\r\n\u003cp\u003eA few minutes later, Councilmember Ivory Lee Young, Jr. (District 3) surprised Dr. Williams with the announcement he was donating $10,000 to the foundation to assist on developing a nearby park to honor Miss Mattie\u0026rsquo;s legacy.\u003c/p\u003e\r\n\r\n\u003cp\u003eYoung said the area will be a \u0026ldquo;visible reminder of how we are all called to love those around us.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eMany volunteers and organizations were involved in completing the construction of the Mattie Freeland Community House, including New Life Covenant Church, the Arthur M. Blank Family Foundation, the Home Depot Foundation, Holder, Hunt, Russell, and Moody and English Avenue residents.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta was involved from the start to ensure Miss Mattie\u0026rsquo;s house became a community resource, and several staff members volunteered their time to help with painting and landscaping.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Mattie Freeland Community House is only a block away from nine newly upgraded affordable housing units at the Hagar Housing Development, another Invest Atlanta project that also opened recently on the Westside.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":116,"title":"Construction Begins on Major New Development on Atlanta BeltLine","promo_title":"Construction Begins on Major New Development on Atlanta BeltLine","published_date":"2017-04-01","featured_image":{"id":348,"parent_id":33,"resource_file_name":"construction-begins-on-major-new-development-on-atlanta-beltline-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":79981,"resource_updated_at":"2017-12-21T14:58:15.820-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T14:58:15.989-05:00","updated_at":"2017-12-21T14:58:42.210-05:00","filename_hash":"construction-begins-on-major-new-development-on-atlanta-beltline-featured_jpv6yDN.jpg","width":1000,"height":750},"filename":"construction-begins-on-major-new-development-on-atlanta-beltline","meta_data_id":null,"published":true,"token":"oWwwPA","created_at":"2017-12-21T14:58:41.673-05:00","updated_at":"2017-12-21T14:58:41.673-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n 725 Ponce, the latest development along the Atlanta BeltLine, broke ground as the start of construction on an \u0026ldquo;urban prototype.\u0026rdquo;\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003e725 Ponce, the latest major development along the Atlanta BeltLine, broke ground on December 14, 2106 at a ceremony celebrating the start of construction on an \u0026ldquo;urban prototype\u0026rdquo; Kroger grocery store and a 360,000 square-foot office tower.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn October 2016, the Invest Atlanta Board of Directors approved $188 million in lease purchase bonds for the project, which will position the Ponce corridor as a robust area for future office space construction. Leases will be \u0026ldquo;triple net,\u0026rdquo; allowing the benefit of the tax incentive to be passed on to tenants leasing space at the project. The total economic impact of 725 Ponce is estimated to total more than $268 million.\u003c/p\u003e\r\n\r\n\u003cp\u003eMayor Kasim Reed, Councilmember Kwanzaa Hall, New City Founder and President Jim Irwin, and Atlanta BeltLine President and CEO Paul Morris were all on hand to celebrate the project\u0026rsquo;s official launch. The gathered crowd was treated to the sights and sounds of the start of demolition on the old Kroger store.\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce complete, 725 Ponce will be offer direct access to the BeltLine, both for shoppers at the 60,000 square-foot Kroger and for those working in the first Class A office space development along the BeltLine. The mixed-use development is in a prime location directly across the street from Ponce City Market.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This new development will bring more than 2,000 construction jobs and approximately 1,550 permanent office and retail jobs, welcoming a new, diverse population who can enjoy all what the community has to offer,\u0026rdquo; said Mayor Reed. \u0026ldquo;I\u0026rsquo;m certain 725 Ponce will create the same kind of inclusive, urban energy we see every day n the Atlanta BeltLine and at Ponce City Market.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project is led by New City, LLC. Jim Irwin, New City\u0026rsquo;s president and founder, who previously spearheaded the redevelopment of Ponce City Market while at Jamestown Properties. At the groundbreaking ceremony, Mayor Reed and Irwin each thanked the other for bringing the project to fruition.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The 725 Ponce project is the largest investment in new construction on the Atlanta BeltLine to date and would not have happened without the vision of Mayor Kasim Reed,\u0026rdquo; said Irwin.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":81,"title":"Mayor Kasim Reed Announces Closing of Sale of Underground Atlanta","promo_title":"Mayor Kasim Reed Announces Closing of Sale of Underground Atlanta","published_date":"2017-03-31","featured_image":{"id":291,"parent_id":33,"resource_file_name":"underground_rendering_400.jpg","resource_content_type":"image/jpeg","resource_file_size":57738,"resource_updated_at":"2017-12-21T13:40:54.393-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:40:54.542-05:00","updated_at":"2017-12-21T13:41:15.559-05:00","filename_hash":"underground_rendering_400_azn338W.jpg","width":425,"height":319},"filename":"mayor-kasim-reed-announces-closing-of-sale-of-underground-atlanta","meta_data_id":null,"published":true,"token":"lAPYvg","created_at":"2017-12-21T13:41:14.843-05:00","updated_at":"2017-12-21T13:41:14.843-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Kasim Reed announced the closing of the sale of Underground Atlanta to WRS, Inc. for $34.6 million.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Kasim Reed announced on March 31, 2017 the closing of the sale of Underground Atlanta to WRS, Inc. for $34.6 million. WRS, Inc., a real estate investment company based in Charleston, South Carolina, will redevelop the 12-acre site into a live-work-shop community with retail, hospitality, entertainment and residential space. The sale will result in $8 million annual cost savings for the City.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The sale of Underground Atlanta is another milestone in the revitalization of South Downtown Atlanta,\u0026rdquo; said Mayor Reed. \u0026ldquo;WRS, Inc. brings a high level of expertise and strong track record of successful developments to an area of our City in need of a fresh approach. Based on the City\u0026rsquo;s track record with Ponce City Market, the Lakewood Fairgrounds (now EUE Screen Gems) and Buckhead Atlanta, I am confident that we will succeed in transforming Underground Atlanta into a vibrant component of our City\u0026rsquo;s commercial business district.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eMayor Reed announced the sale of Underground Atlanta in 2014. Earlier this month, the Board of Directors of DDA approved WRS\u0026rsquo;s master development concept plan, which approval was necessary in order to close the sale of Underground Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eSince announcing the sale of Underground Atlanta to WRS, Inc. nearly two years ago, the City has facilitated and participated in numerous public conversations with stakeholders, residents and the developer. In their commitment to being an excellent partner for Atlanta and the surrounding downtown community, the firm has agreed to meet the requirements of the City\u0026rsquo;s affordable housing ordinance, regardless of whether it pursues development incentives. Any multi-family development at Underground Atlanta will include 10 or 15 percent units at 60 or 80 percent AMI \u0026ndash; a tremendous opportunity for working families to live in the new residential development.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;It\u0026rsquo;s been more than 30 years since we\u0026rsquo;ve seen any significant investment in this high-potential area of Downtown,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;As new development moves south from Buckhead and Midtown, Downtown is seeing a surge of new catalytic investments like Post Centennial, Castleberry Park, the redevelopment of Turner Field, and the Atlanta Streetcar. The sale of Underground will enable Downtown to continue its resurgence by bringing new business activity, more jobs, and additional housing to this unique and cherished part of our city.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eWRS, Inc. has also agreed to preserve a grid for public pedestrian and bicycle use on Alabama Street and Pryor Street; to share its written plan for community engagement to be conducted throughout the development process, which has been approved by the Atlanta Downtown Neighborhood Association, Inc. and the City; and to accept protective covenants which require the preservation of certain portions of Underground Atlanta that are historical in nature. WRS also agreed to accept the Downtown Development Authority\u0026rsquo;s (DDA) right to approve the master development concept plan for this project as well as any material modifications thereof, but only after public advertisement and opportunity for public review and comment of the modifications have been provided. These agreements will be memorialized in protective covenants and easements that run with the land and will bind WRS and future owners of Underground Atlanta. These agreements demonstrate WRS\u0026rsquo;s ongoing strong partnership with our city and with downtown stakeholders.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Some years ago, the idea of redeveloping Underground Atlanta was evidently slightly unseen and more than a few folks were skeptical, including skepticism from our peers. Not surprisingly, popular sentiment has certainly changed in a favorable direction,\u0026rdquo; said Scott Smith, President and Chief Executive Officer of WRS, Inc. \u0026ldquo;We have always been and remain strong believers in the potential for great things in downtown Atlanta and Underground in particular. The redevelopment of Underground is a truly unique opportunity, something that cannot be found anywhere else in the Southeast. For us as developers, this represents an incredibly awesome opportunity and we know that it also represents an equally awesome responsibility. We take both very seriously. Somewhat distinct from other projects in Atlanta, Underground Atlanta holds a special place in the memories of many people. We intend to undertake this redevelopment with great care, communicate closely with the neighboring constituents and most importantly we intend to create a new community that makes everyone very proud of this corner of the rapidly changing downtown Atlanta landscape.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe DDA was created in 1982 by state law to revitalize and redevelop Atlanta\u0026rsquo;s central business district. The City and DDA have jointly owned Underground Atlanta since August 1986. In April 2014, the City purchased a long-term sublease to make the property available for revitalization and redevelopment.\u003c/p\u003e\r\n\r\n\u003cp\u003eWRS, Inc. has a significant track record in retail development. WRS, Inc. has developed over thirty anchored shopping centers covering seven million square feet of retail space and has also aided in the development of more than 100 additional retail projects encompassing more than ten million square feet of retail space. Notable development projects in the WRS, Inc. portfolio include the Horizon District in South Carolina, an urban research district that will contain over 2.5 million square feet of mixed-used space with street-level retail, restaurant and office space, and workforce housing. The company has also developed a number of retail anchored projects for nationally known corporations including Belk, Staples, Kohl\u0026rsquo;s, and Dick\u0026rsquo;s Sporting Goods.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;It\u0026rsquo;s exciting to see a new chapter in Underground Atlanta\u0026rsquo;s history begin,\u0026rdquo; said A.J. Robinson, President of Central Atlanta Progress. \u0026ldquo;We support the WRS vision and capability to bring the density of mixed uses to the 12 acres of downtown Atlanta that has so much potential. Bravo to the city and WRS for reaching an agreement.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Downtown\n\u003c/span\u003e\n"},{"id":82,"title":"Resurgens Fund Grants to Bring New Life to Eastside Properties","promo_title":"Resurgens Fund Grants to Bring New Life to Eastside Properties","published_date":"2017-03-24","featured_image":{"id":292,"parent_id":33,"resource_file_name":"hub_featured.jpg","resource_content_type":"image/jpeg","resource_file_size":62842,"resource_updated_at":"2017-12-21T13:44:17.266-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:44:17.400-05:00","updated_at":"2017-12-21T13:44:37.128-05:00","filename_hash":"hub_featured_xD2nnMq.jpg","width":788,"height":591},"filename":"resurgens-fund-grants-to-bring-new-life-to-eastside-properties","meta_data_id":null,"published":true,"token":"4D0Q3w","created_at":"2017-12-21T13:44:36.541-05:00","updated_at":"2017-12-21T13:44:36.541-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n One grant will allow The Ethical Property Group to create a new space for non-profit organizations.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt their March meeting, the Invest Atlanta board approved two Resurgens Fund grants, including one that will allow The Ethical Property Group to create a new space for non-profit organizations.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The Resurgens Fund was deliberately created to with the intention of reactivating these vacant and obsolete buildings,\u0026rdquo; said Jennifer Fine, Invest Atlanta\u0026rsquo;s Vice President of Planning and Strategic Initiatives.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Ethical Property Group will receive a grant of up to $547,565 to transform a vacant commercial property on Auburn Avenue into The Hub. The bottom floor of The Hub will offer office space for local non-profits, while the top floor will consist of short-term and long-term \u0026ldquo;micro unit\u0026rdquo; apartments. Two of the units will be available for rent with income restrictions to ensure affordability.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe recipient of another Resurgens Fund grant of up to $297,115 will renovate a two-story historic building dating back to the late 19th century, at 101 Peachtree St. SW in South Downtown. Once fa\u0026ccedil;ade improvements and interior renovations are complete, the building will house a first-floor retail space and the second floor will bring two much-needed residential apartment units to the area.\u003c/p\u003e\r\n\r\n\u003cp\u003eSouth Downtown, Fine pointed out, is an area where Invest Atlanta really sees a \u0026ldquo;tremendous need for this type of funding.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta has now issued three Resurgens Fund grants within the Eastside Tax Allocation District (TAD). In December 2016, the board approved a $1 million grant for the future Sweet Auburn Ballroom, an entertainment space located along the Atlanta Streetcar route.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":85,"title":"AEMI Helps Cristo Rey Serve More Students","promo_title":"AEMI Helps Cristo Rey Serve More Students","published_date":"2017-03-09","featured_image":{"id":295,"parent_id":33,"resource_file_name":"invest-atlanta-helps-cristo-rey-serve-more-students-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":88433,"resource_updated_at":"2017-12-21T13:52:44.763-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:52:44.936-05:00","updated_at":"2017-12-21T13:53:01.687-05:00","filename_hash":"invest-atlanta-helps-cristo-rey-serve-more-students-featured_1OmY6ZP.jpg","width":800,"height":600},"filename":"aemi-helps-cristo-rey-serve-more-students","meta_data_id":null,"published":true,"token":"u4tWNw","created_at":"2017-12-21T13:53:01.126-05:00","updated_at":"2017-12-21T13:53:01.126-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n An $11 million New Markets Tax Credits transaction will help Cristo Rey Atlanta complete renovations of their new Downtown building.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Emerging Markets, Inc., Invest Atlanta\u0026rsquo;s certified Community Development Entity, has closed an $11 million New Markets Tax Credits transaction that will allow Cristo Rey Atlanta to complete the renovations of their new high school building in Downtown Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Cristo Rey network serves students of limited means, most whom are Hispanic or African-American, and combines a challenging college preparatory curriculum with extracurricular activities and an innovative Corporate Work Study Program. This year, Cristo Rey partnered with 100 Atlanta businesses to place every student in an office work-study job while completing their academic studies. The academic rigor and innovative work-study program has helped 100 percent of Cristo Rey graduates earn college acceptance since 1996. In most cases, these students will be the first person in their extended family to go to college, providing them with a path to opportunity.\u003c/p\u003e\r\n\r\n\u003cp\u003eCristo Rey Atlanta currently leases its existing campus, and with nearly 400 students from grades 9-11, is at capacity. The new 88,000 square-foot Downtown facility will allow them to accept an incoming freshman class and serve 520 total students, with the capacity to grow enrollment to 600 in the future. The campus also provides Cristo Rey Atlanta with resources that were previously unavailable, such as a gymnasium, assembly space, music and arts space, and their own kitchen.\u003c/p\u003e\r\n\r\n\u003cp\u003eAtlanta Emerging Markets, Inc. (AEMI) offers service providers like Cristo Rey flexible financing to support catalytic projects that serve low-income residents.\u0026nbsp;In November 2016, AEMI received a $50 million NMTC allocation from the U.S. Department of Treasury. In December, AEMI closed on another education-focused transaction\u0026mdash;an early childhood education center operated by Sheltering Arms in the Peoplestown neighborhood.\u003c/p\u003e\r\n\r\n\u003cp\u003eRenovations on the seven-story Cristo Rey\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Downtown\n\u003c/span\u003e\n"},{"id":86,"title":"Work Begins on Phoenix House Affordable Housing Complex","promo_title":"Work Begins on Phoenix House Affordable Housing Complex","published_date":"2017-03-08","featured_image":{"id":296,"parent_id":33,"resource_file_name":"work-begins-on-phoenix-house-affordable-housing-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":45146,"resource_updated_at":"2017-12-21T13:55:27.108-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:55:27.243-05:00","updated_at":"2017-12-21T13:55:45.251-05:00","filename_hash":"work-begins-on-phoenix-house-affordable-housing-featured_p5VDm2p.jpg","width":710,"height":532},"filename":"work-begins-on-phoenix-house-affordable-housing-complex","meta_data_id":null,"published":true,"token":"XyvzDw","created_at":"2017-12-21T13:55:44.752-05:00","updated_at":"2017-12-21T13:55:44.752-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Phoenix House broke ground on the site of their 69-unit affordable housing complex reserved for the homeless and mentally disabled.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe groundbreaking ceremony for Phoenix House, the future site of a 69-unit affordable housing complex reserved for the homeless and mentally disabled, took place on Friday, March 3.\u003c/p\u003e\r\n\r\n\u003cp\u003eLeading the project are Invest Atlanta, The National Housing Trust Enterprise Preservation Corporation (NHT-Enterprise)\u0026mdash;a Washington, D.C. non-profit affordable housing owner and developer\u0026mdash;Tapestry Development Group, and 3Keys, Inc.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta awarded a $500,000 Housing Opportunity Bond-CHDO loan in support of this project, which is another example of the investments being made in Atlanta\u0026rsquo;s Westside communities.\u003c/p\u003e\r\n\r\n\u003cp\u003eCouncilmember Joyce Sheperd (District 12) and project partners were there to celebrate the launch of this $10.2 million redevelopment.\u003c/p\u003e\r\n\r\n\u003cp\u003eThree existing buildings on the Phoenix House property which will be rebuilt to feature 69 efficiency units, and two houses will be rehabilitated for continued use as tenant common space and property staff offices. Once complete, the Phoenix House will offer many great amenities to its residents, including a computer center, job training, supportive services for the special needs population, and access to mass transit at the nearby Oakland City MARTA Station.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":87,"title":"Hagar Celebrates Renovation of Nine Affordable Units","promo_title":"Hagar Celebrates Renovation of Nine Affordable Units","published_date":"2017-03-07","featured_image":{"id":297,"parent_id":33,"resource_file_name":"hagar-celebrates-renovation-of-nine-affordable-units-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":139083,"resource_updated_at":"2017-12-21T13:58:48.114-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:58:48.266-05:00","updated_at":"2017-12-21T13:59:02.188-05:00","filename_hash":"hagar-celebrates-renovation-of-nine-affordable-units-featured_E6x2K6q.jpg","width":1200,"height":900},"filename":"hagar-celebrates-renovation-of-nine-affordable-units","meta_data_id":null,"published":true,"token":"s_ZERA","created_at":"2017-12-21T13:59:01.703-05:00","updated_at":"2017-12-21T13:59:01.703-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n With a cut of a blue ribbon, nine retained and renovated affordable units opened in the English Avenue neighborhood.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eWith a cut of a blue ribbon, the partners involved in completing the Hagar Housing Development celebrated the opening of nine retained and renovated affordable units in the English Avenue neighborhood.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I love turning concept into concrete,\u0026rdquo; said Akilah Ali of Hagar Civilization Missionary, an all-volunteer organization that spearheaded the effort. \u0026ldquo;We\u0026rsquo;re working to keep our residents living in Vine City and English Avenue.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Hagar Housing Development now has 9 upgraded affordable units for seniors, along with a community space. Other renovations included renovations to the plumbing, HVAC, fixtures, and flooring. All nine units now have modern kitchens, new cabinetry, countertops, appliances, and lighting.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta provided the project a $500,000 award through the Westside TAD Community Improvement Fund. The total project cost was $2,980,000.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This is just the beginning and the first of many projects like this on the Westside,\u0026rdquo; said Invest Atlanta President and CEO Dr. Eloisa Klementich. Dr. Klementich pointed out these nine apartments are part of the 120 affordable units on the Westside currently in the Invest Atlanta project pipeline.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We want to make a difference and be a partner in any way we can,\u0026rdquo; she added.\u003c/p\u003e\r\n\r\n\u003cp\u003eAlong with Hagar Civilization Missionary and Invest Atlanta, other partners participating in the ribbon cutting were Councilmember Ivory Lee Young (District 3), Makeda Johnson of the Sisters Action Team, and the Sustainable Design Collaborative of Atlanta. SDCA members volunteered their services to ensure some of the elements of the apartment building were sustainable. Two of the residents, both named George, were also on hand.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I believe in the dream and the possibilities,\u0026rdquo; said Johnson. \u0026ldquo;I want to be sure the assets within our community are fed so they can grow. What you\u0026rsquo;re looking at today is love, passion, and determination.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eCouncilmember Young and others also recognized the contribution of Sister Precious Muhammad, a Westside resident who Young described as a \u0026ldquo;giant\u0026rdquo; of the community.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;People driving by this place said, \u0026lsquo;We can do better\u0026rsquo;; Sister Precious said, \u0026lsquo;We\u0026nbsp;will\u0026nbsp;do better,\u0026rsquo;\u0026rdquo; said Young.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":89,"title":"Invest Atlanta Joins College and Career Week at Hollis","promo_title":"Invest Atlanta Joins College and Career Week at Hollis","published_date":"2017-03-06","featured_image":{"id":303,"parent_id":33,"resource_file_name":"invest-atlanta-joins-college-and-career-week-at-hollis-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":138567,"resource_updated_at":"2017-12-21T14:11:20.704-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T14:11:20.847-05:00","updated_at":"2017-12-21T14:12:03.065-05:00","filename_hash":"invest-atlanta-joins-college-and-career-week-at-hollis-featured_982qa3V.jpg","width":1000,"height":750},"filename":"invest-atlanta-joins-college-and-career-week-at-hollis","meta_data_id":null,"published":true,"token":"Z6oKQA","created_at":"2017-12-21T14:12:02.194-05:00","updated_at":"2017-12-21T14:12:02.194-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The team spent a day at Hollis, part of a week of career-related activities exposing students to professional possibilities.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003ePresident and CEO Dr. Eloisa Klementich, Assistant General Counsel Justin Giboney, Mortgage Loan Specialist Michele Lewis, and Vice President of Compliance Christie Barnes recently took part in Michael R. Hollis Innovation Academy\u0026rsquo;s College and Career Week. The team spent a day in February with the students, and it was part of a full week of career-related activities meant to expose a broader scope of future educational and professional possibilities open to the Hollis students.\u003c/p\u003e\r\n\r\n\u003cp\u003eHollis is a PreK-8 STEM neighborhood school on the Westside led by Dr. Diamond Jack. Their College and Career Week is just one way in which Hollis is taking hands-on approach to learning, allowing kids to connect the instruction they\u0026rsquo;re getting in the classroom to the real world. Guest speakers from Invest Atlanta, as well as a Delta Air Lines pilot, came to speak with the students.\u003c/p\u003e\r\n\r\n\u003cp\u003eEveryone from Invest Atlanta had a wonderful time and came away impressed by the sharp questions the 1st, 2nd, and 3rd grade students asked. Dr. Klementich informed students about all of the exciting developments going on in the city, while Giboney spoke about the importance of doing great work each and every day. Barnes talked about her experience going to law school and how her education opened up a world of opportunities for her. And as a fun way to show how Invest Atlanta can help families buy a home, Lewis worked with the kids to decorate a play house.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn December, Dr. Klementich and Invest Atlanta, along with Portman Holdings, worked with Dr. Jack to raise $10,000 to provide all of Hollis\u0026rsquo; students with two school uniforms each.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":88,"title":"Castleberry Park Breaks Ground on Westside","promo_title":"Castleberry Park Breaks Ground on Westside","published_date":"2017-03-06","featured_image":{"id":302,"parent_id":33,"resource_file_name":"castleberry_400.jpg","resource_content_type":"image/jpeg","resource_file_size":694760,"resource_updated_at":"2017-12-21T14:07:39.237-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T14:07:39.630-05:00","updated_at":"2017-12-21T14:08:22.471-05:00","filename_hash":"castleberry_400_zmlZvr8.jpg","width":4106,"height":3080},"filename":"castleberry-park-breaks-ground-on-westside","meta_data_id":null,"published":true,"token":"j_W7Jw","created_at":"2017-12-21T14:08:21.482-05:00","updated_at":"2017-12-21T14:08:21.482-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Kasim Reed, Dr. Eloisa Klementich, and others broke ground on Castleberry Park, a $90M mixed-use development in Castleberry Hill.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Kasim Reed and Invest Atlanta President and CEO Dr. Eloisa Klementich were among those who celebrated the official groundbreaking for Castleberry Park, a new $90 million mixed-use development in the Castleberry Hill neighborhood on Atlanta\u0026rsquo;s Westside.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Castleberry Park is yet another example of how our Administration is keeping our promise of promoting revitalization and equitable development in Atlanta\u0026rsquo;s Westside neighborhoods,\u0026rdquo; said Mayor Reed. \u0026ldquo;Castleberry Hill has already established itself as one of Atlanta\u0026rsquo;s most vibrant arts communities, and welcoming a new complex with a Hard Rock brand hotel is a perfect addition to the neighborhood. The new development is steps away from the Mercedes-Benz Stadium, and will serve as an economic catalyst for the area.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eOthers in attendance for the Feb. 28 event included: Bolton Atlanta, LP general manager Yanfeng \u0026ldquo;Frank\u0026rdquo; Chen, Gallman Development Group, LLC CEO Bruce Gallman, Central Atlanta Progress President A.J. Robinson, Atlanta City Councilmembers Ivory Young, Kwanza Hall and Cleta Winslow, Horwath HTL Managing Director Paul Breslin, and Castleberry Hill Neighborhood Association President Carrie Sagel Burns.\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce complete, Castleberry Park will include a 200-room Hard Rock brand hotel, ground-level retail, a public park, and approximately 130 apartments. The Invest Atlanta board has approved a grant of $4.2 million from the Westside Tax Allocation District (TAD) to assist with the project, which will help ensure that 20 percent of the new apartments in the development are affordable units. The property is slated to be completed in 2019.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Invest Atlanta continues to focus on delivering strategic investments in projects throughout the Westside TAD, and we are proud to work with Bolton Atlanta, LP and Gallman Development Group to bring Castleberry Park to fruition,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;Thanks to our partnership, this new complex will offer more affordable housing options for working families within the City of Atlanta.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eMayor Reed and Invest Atlanta continue to bring in new public and private resources to support economic and civic development in the Westside, particularly along the Martin Luther King Jr. Drive corridor. Last year, the City of Atlanta pledged more than $30 million in new infrastructure, greenspace expansion and to fund MLK Dr. streetscape improvements, which will transform the iconic road into a connected corridor with a Complete Streets approach.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":119,"title":"IA Staff Helps Restore Mattie Freeland House","promo_title":"IA Staff Helps Restore Mattie Freeland House","published_date":"2017-02-28","featured_image":{"id":351,"parent_id":33,"resource_file_name":"ia-staff-helps-restore-mattie-freeland-house-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":141631,"resource_updated_at":"2017-12-21T15:03:26.453-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:03:26.610-05:00","updated_at":"2017-12-21T15:03:55.375-05:00","filename_hash":"ia-staff-helps-restore-mattie-freeland-house-featured_lpV2rpe.jpg","width":1000,"height":750},"filename":"ia-staff-helps-restore-mattie-freeland-house","meta_data_id":null,"published":true,"token":"gTs8tw","created_at":"2017-12-21T15:03:54.459-05:00","updated_at":"2017-12-21T15:03:54.459-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Dr. Eloisa Klementich and members of the Invest Atlanta team volunteered to help renovate the former home of Mattie Freeland\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003ePresident and CEO Dr. Eloisa Klementich, along with four other members of the Invest Atlanta team, volunteered their time to help renovate the former home of English Avenue matriarch Mattie Freeland. The team spent time on Saturday, February 25 painting the exterior of the building, which is being converted into a community center operated by New Life Covenant Church (NLCC).\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce complete, the building will serve as a welcoming neighborhood community center in honor of Ms. Freeland, who sheltered and took care of many in her English Avenue home until her death in 2008. She also loved to give candy to children and send bread to her neighbors. Her legacy will continue through the educational programs, meetings, and events that will be held at the Mattie Freeland House.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition to Invest Atlanta, the NLCC has also enlisted the help of the English Avenue community, Home Depot, and the Arthur M. Blank Foundation to reconstruct Ms. Freeland\u0026rsquo;s former home. Skilled workers from the nearby Mercedes-Benz Stadium construction site kicked off the project, with the rest to be completed through a collaborative volunteer effort spanning several weeks.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":101,"title":"Westside Residents Learn Latest on Community Projects","promo_title":"Westside Residents Learn Latest on Community Projects","published_date":"2017-02-07","featured_image":{"id":326,"parent_id":33,"resource_file_name":"westside-residents-learn-latest-on-community-projects-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":159755,"resource_updated_at":"2017-12-21T14:32:32.355-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T14:32:32.515-05:00","updated_at":"2017-12-21T14:32:48.687-05:00","filename_hash":"westside-residents-learn-latest-on-community-projects-featured_DNxymDB.jpg","width":1000,"height":750},"filename":"westside-residents-learn-latest-on-community-projects","meta_data_id":null,"published":true,"token":"3yDFdQ","created_at":"2017-12-21T14:32:48.069-05:00","updated_at":"2017-12-21T14:32:48.069-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta provided more than 100 Westside residents updates on Community Improvement Fund (CIF) projects happening in their communities.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eOn January 25, Invest Atlanta provided more than 100 Westside residents the latest updates on all the Community Improvement Fund (CIF) projects happening in their communities. Invest Atlanta staff, including Vice President of Planning \u0026amp; Strategic Initiatives Jennifer Fine, presented at the Westside Community Benefits Plan Committee meeting.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe committee meets periodically to update communities around the new Mercedes-Benz Stadium on the implementation of the Westside Community Benefits plan. Members include Councilmembers Kwanza Hall (D-2), Ivory Young (D-3), Cleta Winslow (D-4), Michael Bond (Post-1), and Ceasar Mitchell (Council President). Community stakeholders also participate, as do representatives from the Mayor\u0026rsquo;s office, key city departments and agencies, Invest Atlanta and the Arthur M. Blank Family Foundation.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta has committed $15 million to the CIF and leverages these funds in coordination with public and private partners to address critical areas of need in the English Avenue, Vine City, and Castleberry Hill neighborhoods. The fund focuses on these six key areas:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eHousing: Increasing access to homeownership opportunities and affordable rental housing through property redevelopment and rehabilitation.\u003c/li\u003e\r\n\t\u003cli\u003eEmployment: Increasing access to permanent fulltime jobs through training and job placement.\u003c/li\u003e\r\n\t\u003cli\u003eBusiness: Strengthening neighborhood businesses and creating more economic activity.\u003c/li\u003e\r\n\t\u003cli\u003eNeighborhood: Improving streets, parks, and blighted properties to make neighborhoods safer and more attractive.\u003c/li\u003e\r\n\t\u003cli\u003eSecurity: Improving neighborhood safety and deterring crime.\u003c/li\u003e\r\n\t\u003cli\u003eCommunity: Supporting service providers and promoting community life.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eEarlier in January, Invest Atlanta staff also convened the Westside TAD Neighborhood Advisory Board, a body comprised of representatives from neighborhood and civic associations in English Avenue and Vine City. The board\u0026rsquo;s role is to make recommendations to Invest Atlanta on projects that could receive TAD funding. The homeownership team also hosted a workshop on January 27 with Westside Works graduates to help prepare them for the home buying process. The workshop covered how to secure a mortgage loan, as well as Invest Atlanta\u0026rsquo;s first-time homebuyer incentives.\u003c/p\u003e\r\n\r\n\u003cp\u003eAt a future community meeting, Invest Atlanta plans to discuss strategies to retain residents through diverse housing models.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":107,"title":"Grant Supports Preliminary Study for Atlanta Urban Ecology Resource Center in Vine City","promo_title":"Grant Supports Study for Atlanta Urban Ecology Resource Center","published_date":"2017-01-18","featured_image":{"id":339,"parent_id":33,"resource_file_name":"grant-supports-preliminary-study-for-atlanta-urban-ecology-resource-center-in-vine-city-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":102521,"resource_updated_at":"2017-12-21T14:42:39.334-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T14:42:39.493-05:00","updated_at":"2017-12-21T14:43:05.184-05:00","filename_hash":"grant-supports-preliminary-study-for-atlanta-urban-ecology-resource-center-in-vine-city-featured_zmlZwN7.jpg","width":444,"height":333},"filename":"grant-supports-preliminary-study-for-atlanta-urban-ecology-resource-center-in-vine-city","meta_data_id":null,"published":true,"token":"0NTryQ","created_at":"2017-12-21T14:43:04.657-05:00","updated_at":"2017-12-21T14:43:04.657-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta has given a $100,000 grant to Community Improvement Association, a partner for the Atlanta Urban Ecology Resource Center.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta has given a $100,000 grant to Community Improvement Association, the lead partner for the Atlanta Urban Ecology Resource Center (AUERC) Collaborative. The grant will fund a feasibility study for the creation of the Center and will be sited near the soon-to-be-developed Boone Park West in the English Avenue neighborhood in NW Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Center will provide environmental education for students of all ages, host events, provide employment opportunities, and be a valuable resource for the Westside communities within the Proctor Creek watershed.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We see the Center as being able to deliver a variety of positive outcomes for the local community, including environmental education, workforce training, and employment opportunities,\u0026rdquo; said Shannon Lee, the Urban Conservation Manager at The Conservation Fund. \u0026ldquo;In addition, by siting this facility in English Avenue, AUERC offers a chance to reconnect this community with downtown and deliver additional benefits to local residents.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe feasibility study grant will enable the AUERC Collaborative to build out future programming, and to work hand-in-hand with the community to identify the Center\u0026rsquo;s long-term goals and objectives. The study will also outline funding, operational, and capital campaign requirements this project will need to ensure long-term sustainability.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This is looking at the idea of building an environmental resource center that\u0026rsquo;s focused on K-12 education, but also plays a role in terms of hosting jobs training events and other activities along those lines,\u0026rdquo; said Michael Halicki, Executive Director of Park Pride. \u0026ldquo;It\u0026rsquo;s really trying to provide something that\u0026rsquo;s more than a park and helps to lift up the community in a meaningful way.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Collaborative performing the study consists of several community groups and non-profits, including the Community Improvement Association, ECO-Action, the West Atlanta Watershed Alliance (WASA), Park Pride, The Conservation Fund, and University Center Development Corporation of the Atlanta University Center.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe idea of creating the Atlanta Urban Ecology Resource Center came from Tony Torrence of the Community Improvement Association, a grassroots organization based in English Avenue. While on a trip to Milwaukee sponsored by The Conservation fund, Tony saw the benefits their Urban Ecology Center had within the Riverside Park neighborhood. He quickly brought the idea back with him to Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eAll of this is part of a larger effort to provide the Westside with additional greenspace to beautify and improve the quality of life in these neighborhoods. Lindsay Street Park and Vine City Park have recently opened, thanks to the support of Invest Atlanta, Park Pride, The Conservation Fund, the Arthur Blank Foundation, and others. Boone Park West is set to be built soon. Once open, Boone Park West will not only create a safe place for kids and families to gather, but it will also reduce the impacts of flooding by providing nearly 300,000 gallons of additional stormwater storage capacity.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":120,"title":"Sweet Auburn Ballroom Receives Resurgens Grant","promo_title":"Sweet Auburn Ballroom Receives Resurgens Grant","published_date":"2016-12-14","featured_image":{"id":353,"parent_id":33,"resource_file_name":"sweet-auburn-ballroom-receives-resurgens-grant-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":68452,"resource_updated_at":"2017-12-21T15:05:45.730-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:05:45.875-05:00","updated_at":"2017-12-21T15:06:06.223-05:00","filename_hash":"sweet-auburn-ballroom-receives-resurgens-grant-featured_NnPx8Yv.jpg","width":427,"height":320},"filename":"sweet-auburn-ballroom-receives-resurgens-grant","meta_data_id":null,"published":true,"token":"anndzw","created_at":"2017-12-21T15:06:05.638-05:00","updated_at":"2017-12-21T15:06:05.638-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Sweet Auburn Ballroom will receive the first grant from Invest Atlanta\u0026rsquo;s recently-established Resurgens Fund in the Eastside TAD.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Sweet Auburn Ballroom will receive the first grant from Invest Atlanta\u0026rsquo;s recently-established Resurgens Fund in the Eastside TAD. Named after the historic downtown neighborhood, the vacant former Butler Street YMCA building at 17 Jesse Hill Jr. Drive will soon be transformed into a 1,200-person capacity live music venue for established and rising artists alike.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe board was unanimous in its support for the resolution approving the $1 million grant.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This is a transformative project for the historic Sweet Auburn neighborhood, and will attract visitors to the area for years to come\u0026rdquo; said Dawn Luke, Invest Atlanta\u0026rsquo;s Senior Vice President of Community Development.\u003c/p\u003e\r\n\r\n\u003cp\u003eButler Street Community Development Corporation (\u0026ldquo;BSCDC\u0026rdquo;) and world-class venue operator Live Nation are partnering on the project. BSCDC has executed a 20-year lease with Live Nation, who will develop and manage the venue. Live Nation also runs The Tabernacle, a 2,600-person capacity music venue located near Centennial Olympic Park.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Sweet Auburn Ballroom project is part of a larger multi-phase effort by the BSCDC to revitalize the neighborhood\u0026rsquo;s Jesse Hill block along the Atlanta Streetcar line.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Eastside TAD includes Sweet Auburn, the Old Fourth Ward, as well as parts of Grant Park, Cabbagetown, and Downtown Atlanta. As the redevelopment agent for the Eastside TAD, Invest Atlanta supports real estate development, streetscape improvements, and new economic activity in these neighborhoods. The Resurgens Fund Grant program provides gap financing for real estate projects in these neighborhoods, while the Downtown Fa\u0026ccedil;ade Improvement Grant program offers matching grants toward improving building exteriors.\u003c/p\u003e\r\n\r\n\u003cp\u003eWith the help of this Resurgens Grant, the Sweet Auburn Ballroom will support the City of Atlanta\u0026rsquo;s long-held role as the region\u0026rsquo;s dominant entertainment and tourism center, create new construction and permanent jobs, and bring $5.4 million in much needed direct capital investment to this area of downtown.\u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":124,"title":"Invest Atlanta Supports New Early Education Center in Peoplestown","promo_title":"Invest Atlanta Supports New Early Education Center in Peoplestown","published_date":"2016-12-08","featured_image":{"id":357,"parent_id":33,"resource_file_name":"invest-atlanta-supports-new-early-education-center-in-peoplestown-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":151125,"resource_updated_at":"2017-12-21T15:16:57.354-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:16:57.492-05:00","updated_at":"2017-12-21T15:17:24.743-05:00","filename_hash":"invest-atlanta-supports-new-early-education-center-in-peoplestown-featured_8myVWqm.jpg","width":400,"height":300},"filename":"invest-atlanta-supports-new-early-education-center-in-peoplestown","meta_data_id":null,"published":true,"token":"QQQDVw","created_at":"2017-12-21T15:17:24.184-05:00","updated_at":"2017-12-21T15:17:24.184-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta Emerging Markets, inc., has closed a transaction to support the construction of a new Sheltering Arms early education center.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta\u0026rsquo;s New Markets Tax Credits entity, Atlanta Emerging Markets, inc. (AEMI), has closed a major transaction that will support the construction of a new Sheltering Arms early education center in the Peoplestown neighborhood.\u003c/p\u003e\r\n\r\n\u003cp\u003eAEMI is providing $6.3MM in New Markets Tax Credit (NMTC) allocation to assist with the new development at D.H. Stanton Elementary School. Sheltering Arms provides early education services to families throughout the Atlanta area. They annually serve over 3,300 children, 93% of which are minorities.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe approximately 26,000-square-foot facility will include 14 classrooms and serve almost 300 children, from infants to 5 year-olds. The facility will house 86 pre-K and 213 child care students and provide child care, education, and comprehensive support services for families. The project will also create 54 jobs. Sheltering Arms will occupy the site as a tenant of Atlanta Public Schools, who will amend the lease to be compatible with NMTC financing.\u003c/p\u003e\r\n\r\n\u003cp\u003eMore deals like this one are on the horizon, thanks to the recently announced U.S. Department of the Treasury allocation of $50 million in NMTC to AEMI. Invest Atlanta, through AEMI, will use the NMTC allocation to provide gap financing for projects like the Sheltering Arms facility that jumpstart economic development, create jobs, and revitalize neighborhoods in Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Invest Atlanta is proud to see the U.S. Department of the Treasury allocate another substantial New Markets Tax Credit award to AEMI, validating the strategic investments we are making,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO, Invest Atlanta. \u0026ldquo;Since 2006, we have received nearly $200 million in New Markets Tax Credit awards to fund projects that are strengthening the economic vibrancy of our community. This latest award enables us to continue to play a key role in financing more catalytic development.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eMost recently, AEMI assisted Grady Memorial Hospital and Families First through the NMTC program. AEMI used a $12,000,000 NMTC transaction to help finance Grady\u0026rsquo;s $76,000,000 expansion and renovation of its new Emergency Department building. The recently dedicated Marcus Trauma and Emergency Center will serve 20,000 additional patients annually.\u003c/p\u003e\r\n\r\n\u003cp\u003eSocial services provider Families First received an $8,500,000 NMTC investment to convert a former Atlanta Public Schools\u0026rsquo; building on the Westside into their new 38,000 square-foot headquarters. Families First is now able to serve 52,000 children, women, and families a year, many of whom report income well below the poverty line.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition, Downtown Atlanta\u0026rsquo;s recently redeveloped Flatiron Building received an $11,200,000 New Markets Tax Credit investment to renovate the previously vacant 119-year-old historic landmark into an entrepreneurship hub and innovation center.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n South Downtown\n\u003c/span\u003e\n"},{"id":126,"title":"New Westside Financial Capability Center Receives TAD Support","promo_title":"New Westside Financial Capability Center Receives TAD Support","published_date":"2016-12-02","featured_image":{"id":359,"parent_id":33,"resource_file_name":"new-westside-financial-capability-center-receives-tad-support-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":110541,"resource_updated_at":"2017-12-21T15:22:39.007-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:22:39.154-05:00","updated_at":"2017-12-21T15:23:15.297-05:00","filename_hash":"new-westside-financial-capability-center-receives-tad-support-featured_zmlZRkb.jpg","width":400,"height":300},"filename":"new-westside-financial-capability-center-receives-tad-support","meta_data_id":null,"published":true,"token":"xg2O_A","created_at":"2017-12-21T15:23:14.746-05:00","updated_at":"2017-12-21T15:23:14.746-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n $100,000 Westside TAD Community Improvement Fund grant approved to help fund a new Westside Financial Capability Center in Vine City.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors recently approved a $100,000 Westside TAD Community Improvement Fund grant to help fund a new Westside Financial Capability Center in Vine City. Once open, the Center will provide residents with high-quality financial counseling, entrepreneurship training, and homeownership education.\u003c/p\u003e\r\n\r\n\u003cp\u003eFormer 1st Choice Credit Union CEO Sheilah Montgomery, who spoke passionately on behalf of the project at the IA board meeting, said the Center will help put more Westside residents on the \u0026ldquo;road to financial self-sufficiency.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The goal is to be open to the community and cater to their needs,\u0026rdquo; she added.\u003c/p\u003e\r\n\r\n\u003cp\u003eForty-four percent of adults on the Westside live below the poverty line, and the average credit score is around 500. Those without a bank account are often left with no other option than to turn to payday lending or check cashing businesses that charge exorbitant interest rates and fees. Unable to gain their financial footing, many Westside residents find it difficult, if not impossible, to obtain a loan to buy a home or start a business.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Center\u0026rsquo;s one-on-one financial education and services will help residents develop greater financial literacy and gain improved access to services they currently lack. Armed with these resources, more of the unbanked will open bank accounts, strengthen their credit, and eventually acquire safe and affordable home or small business loans.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe National Federation of Community Development Credit Unions sponsored the project, with funding support from credit reporting agency Equifax and the Arthur M. Blank Family Foundation (AMBFF). Over a three-year period, Equifax has made a $500,000 commitment to support the Center\u0026rsquo;s core operations, while AMBFF has committed to provide the facility and related costs in excess of $100,000 per year.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Westside Financial Capability Center will initially open a temporary site on Joseph E. Boone Boulevard in the former home of Westside Works. AMBFF is providing the space pro bono, and the TAD grant funding from Invest Atlanta will be used to purchase computers, IT equipment, office and classroom furniture and signage at the site.\u003c/p\u003e\r\n\r\n\u003cp\u003eIt\u0026rsquo;s anticipated that by the end of 2018, the Center will move into a permanent home and begin to offer a full range of transactional financial services.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":127,"title":"Westside Students Receive Early Holiday Surprise","promo_title":"Westside Students Receive Early Holiday Surprise","published_date":"2016-12-01","featured_image":{"id":360,"parent_id":33,"resource_file_name":"westside-students-receive-early-holiday-surprise-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":77971,"resource_updated_at":"2017-12-21T15:24:57.145-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:24:57.281-05:00","updated_at":"2017-12-21T15:25:21.865-05:00","filename_hash":"westside-students-receive-early-holiday-surprise-featured_QgDn1ny.jpg","width":400,"height":300},"filename":"westside-students-receive-early-holiday-surprise","meta_data_id":null,"published":true,"token":"uTOm2A","created_at":"2017-12-21T15:25:21.396-05:00","updated_at":"2017-12-21T15:25:21.396-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta is living up to its long-term commitment to help stabilize Westside communities.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta is living up to its long-term commitment to help stabilize Westside communities. The goal is to ensure current residents of neighborhoods like English Avenue, Vine City, and Castleberry Hill benefit from the new investments being made around the new Mercedes-Benz Stadium.\u003c/p\u003e\r\n\r\n\u003cp\u003eTo date, Invest Atlanta has injected approximately $56 million into the transformation of streets, parks, vacant properties and community development in the Westside Tax Allocation District. But the organization\u0026rsquo;s commitment doesn\u0026rsquo;t stop there.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta recently partnered with Michael R. Hollis Innovation Academy, a new PreK-8 STEM neighborhood school led by Dr. Diamond Jack for children in the 30314 zip code. When the community development team first met with Dr. Jack, she spoke about her ongoing effort to provide all of Hollis\u0026rsquo; 560 students two school uniforms. Upon hearing this, Invest Atlanta CEO Dr. Klementich put out a call for donations to her extensive network of local business contacts.\u003c/p\u003e\r\n\r\n\u003cp\u003ePortman Holdings, an Atlanta-based commercial real estate firm concentrating on urban development, quickly responded. They agreed to cover the entire $10,000 amount Hollis needed to give each student two uniforms, just in time for the holidays. To celebrate, Invest Atlanta staff attended the school\u0026rsquo;s Parent Involvement Day, where parents, teachers, and staff received information about IA\u0026rsquo;s homeownership and small business loan programs.\u003c/p\u003e\r\n\r\n\u003cp\u003eAs these Westside partnerships grow, Invest Atlanta will continue to find opportunities to engage Atlanta\u0026rsquo;s robust business community in the revitalization of the city\u0026rsquo;s core neighborhoods.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition, Invest Atlanta staff continues to volunteer their time to improving the area. Over the past six months, they\u0026rsquo;ve participated in two neighborhood cleanups and helped secure in-kind donations of supplies, all in partnership with the Vine City Civic Association. Staff also took part in the Trunk or Treat festivities at Vine City Park, which provided them a fun opportunity to dress up and hand out candy to Westside youth.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":129,"title":"New Home for Westside Works Opens in Vine City","promo_title":"New Home for Westside Works Opens in Vine City","published_date":"2016-11-17","featured_image":{"id":362,"parent_id":33,"resource_file_name":"new-home-for-westside-works-opens-in-vine-city-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":52434,"resource_updated_at":"2017-12-21T15:35:12.174-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:35:12.315-05:00","updated_at":"2017-12-21T15:35:32.850-05:00","filename_hash":"new-home-for-westside-works-opens-in-vine-city-featured_4X3JZXx.jpg","width":400,"height":300},"filename":"new-home-for-westside-works-opens-in-vine-city","meta_data_id":null,"published":true,"token":"cmRvkQ","created_at":"2017-12-21T15:35:32.320-05:00","updated_at":"2017-12-21T15:35:32.320-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Quest Community Complex held its grand opening celebration on October 10, 2016.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eQuest Community Complex, a catalytic project that will have substantial impact toward creating successful outcomes for Atlanta\u0026rsquo;s Westside, held its grand opening celebration on October 10, 2016. Invest Atlanta provided a $3.5 million grant for the project. As the new home to Westside Works, the contemporary 12,000 square-foot facility in Vine City will be a community resource, providing nearby residents with access to job training, economic development opportunities, and other resources.\u003c/p\u003e\r\n\r\n\u003cp\u003eWestside Works is a long-term neighborhood program with a mission focused on creating employment opportunities and job training for residents of Vine City, English Avenue, Castleberry Hill and other contiguous Westside neighborhoods. To date, Westside Works has placed about 350 people into full-time jobs earning an average of $12 an hour. They\u0026rsquo;re training hundreds more to work in the construction, technology, healthcare and food and beverage services industries.\u003c/p\u003e\r\n\r\n\u003cp\u003eSponsors for the Quest Community Complex include Invest Atlanta, PNC Bank, Atlanta Housing Authority, The Home Depot Foundation, and The Arthur M. Blank Family Foundation.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":157,"title":"City of Refuge Receives Funding to Expand Westside Job Training","promo_title":"City of Refuge Receives Funding to Expand Westside Job Training","published_date":"2016-10-19","featured_image":{"id":387,"parent_id":33,"resource_file_name":"city-of-refuge-receives-funding-to-expand-job-training-on-the-westside-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":49949,"resource_updated_at":"2017-12-22T08:54:16.465-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-22T08:54:16.607-05:00","updated_at":"2017-12-22T08:55:11.645-05:00","filename_hash":"city-of-refuge-receives-funding-to-expand-job-training-on-the-westside-featured_4X3rMwn.jpg","width":400,"height":300},"filename":"city-of-refuge-receives-funding-to-expand-westside-job-training","meta_data_id":null,"published":true,"token":"Pq6xcw","created_at":"2017-12-22T08:55:11.195-05:00","updated_at":"2017-12-22T08:55:11.195-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The City of Refuge will expand job training programs and foster economic development in the Westside.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe City of Refuge, a non-profit organization that provides access to opportunities in housing, vocational training, healthcare and youth development to impoverished and homeless people on Atlanta\u0026rsquo;s Westside, will receive an infusion of more than $7 million from the Coca-Cola Foundation, Chick-Fil-A and the City of Atlanta to expand job training programs and foster economic development in the area. Invest Atlanta joined the City of Atlanta in its financial commitment to make this initiative possible.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe funds will finance construction and operation of an innovative jobs hub that will give people skills training in automotive technology, retail, culinary arts, landscaping, security services and HVAC installation and repair. Critical elements of the hub will be a computer-coding academy for young adults and a small business incubator and accelerator to support aspiring entrepreneurs.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe investments made by The Coca-Cola Company and Chick-Fil-A have laid the foundation for the City of Refuge\u0026rsquo;s new \u0026ldquo;Shining the Light\u0026rdquo; capital campaign, which aims to raise $25 million by 2018 to support the organization\u0026rsquo;s core programs, including permanent supportive housing and workforce housing.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe planning phase for the job hub has begun. Construction and renovation of the more than 20,000-sq.ft. training center and culinary academy \u0026ndash; as well as programming for the facility \u0026ndash; will begin soon and continue through September 2019.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe mission of the City of Refuge is about complementing job training with the comprehensive social services that can help people attain self-sufficiency and middle-class economic status as adults. This assistance includes transitional housing \u0026ndash; accompanied by a daily hot breakfast, lunch and dinner \u0026ndash; onsite health care, and activities for children and youth.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":138,"title":"Atlanta Emerging Markets Provides Funding For Grady Hospital Expansion","promo_title":"Atlanta Emerging Markets Provides Funding For Grady Hospital Expansion","published_date":"2016-10-19","featured_image":{"id":370,"parent_id":34,"resource_file_name":"nmtc-entity-provides-funding-for-grady-hospital-expansion-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":89405,"resource_updated_at":"2017-12-21T15:51:39.412-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:51:39.553-05:00","updated_at":"2017-12-21T15:52:28.210-05:00","filename_hash":"nmtc-entity-provides-funding-for-grady-hospital-expansion-featured_kbVye65.jpg","width":400,"height":300},"filename":"atlanta-emerging-markets-provides-funding-for-grady-hospital-expansion","meta_data_id":null,"published":true,"token":"HKrMJg","created_at":"2017-12-21T15:52:27.741-05:00","updated_at":"2017-12-21T15:52:27.741-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Grady Hospital dedicated the new Marcus Trauma and Emergency Center building on its Downtown campus.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eIn October, Grady Hospital dedicated the new Marcus Trauma and Emergency Center building on its Downtown campus. Atlanta Emerging Markets, Inc., Invest Atlanta\u0026rsquo;s New Markets Tax Credit (NMTC) entity, partnered with SunTrust Community Capital to provide $3.3 million in funding for the development of the new 90,000-square-foot tower that will allow Grady to serve 20,000 additional patients each year.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe completed $76 million project will house all Grady Hospital Emergency Department functions, create a total patient capacity of 135,000, and provide enough trauma bays to accommodate 25,000 trauma patients each year \u0026ndash; up from 18,000 currently. New additions will include triage areas, 10 exam rooms for imaging and procedures, and 12 exam rooms for clinical and behavioral health.\u003c/p\u003e\r\n\r\n\u003cp\u003eSunTrust Community Capital and Community Hospitality Healthcare Services (CHHS) also contributed NMTC allocations to the project.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Downtown\n\u003c/span\u003e\n"},{"id":141,"title":"IA Closes on Loan to Finance Affordable Senior Multi-Family Housing","promo_title":"IA Closes on Loan to Finance Affordable Senior Multi-Family Housing","published_date":"2016-10-19","featured_image":{"id":373,"parent_id":34,"resource_file_name":"ia-closes-on-loan-to-finance-affordable-multi-family-housing-for-seniors-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":72958,"resource_updated_at":"2017-12-21T15:59:09.729-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:59:09.868-05:00","updated_at":"2017-12-21T16:00:02.098-05:00","filename_hash":"ia-closes-on-loan-to-finance-affordable-multi-family-housing-for-seniors-featured_r6PaxVB.jpg","width":400,"height":300},"filename":"ia-closes-on-loan-to-finance-affordable-senior-multi-family-housing","meta_data_id":null,"published":true,"token":"7lojQw","created_at":"2017-12-21T16:00:01.503-05:00","updated_at":"2017-12-21T16:00:01.503-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta is helping to finance Gateway Capital View, a 160-unit affordable housing community for seniors within the BeltLine TAD.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta has closed a $14.5-million tax-exempt loan to finance Gateway Capital View, a much-needed, 160-unit affordable housing community for senior citizens near the Oakland City MARTA station and within the BeltLine Tax Allocation District. It\u0026rsquo;s the first Freddie Mac tax-exempt loan transaction that Invest Atlanta has concluded.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This project will add more affordable housing to the BeltLine and provides another transit-oriented development in the city near a MARTA station,\u0026rdquo; said Alan Ferguson, vice president and deputy director of community development for Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eSince all of the units at Gateway Capital View will include Project Based Rental Assistance from the Atlanta Housing Authority, none of the residents will pay more than 30 percent of their income for housing costs. Construction of the project should begin this fall with the first units becoming available in 12-14 months.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe transaction, which Invest Atlanta closed in fewer than 150 days, is IA\u0026rsquo;s first with Prestwick Development, a well-established developer that operates in the Southeast. IA expects to engage in more closings with Prestwick in the coming months in areas that include Memorial Drive in East Atlanta.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":118,"title":"Invest Atlanta Accepting Applications for New Eastside TAD Projects","promo_title":"Invest Atlanta Accepting Applications for New Eastside TAD Projects","published_date":"2016-09-20","featured_image":{"id":350,"parent_id":34,"resource_file_name":"invest-atlanta-now-accepting-applications-for-new-eastside-tad-projects-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":100433,"resource_updated_at":"2017-12-21T15:00:45.763-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:00:45.905-05:00","updated_at":"2017-12-21T15:02:28.400-05:00","filename_hash":"invest-atlanta-now-accepting-applications-for-new-eastside-tad-projects-featured_NnPx8k5.jpg","width":400,"height":300},"filename":"invest-atlanta-accepting-applications-for-new-eastside-tad-projects","meta_data_id":null,"published":true,"token":"zKE-ww","created_at":"2017-12-21T15:02:27.866-05:00","updated_at":"2017-12-21T15:02:27.866-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n After its previous success in the Eastside TAD, Invest Atlanta is\u0026nbsp;accepting new applications for qualified development and improvement projects.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAfter achieving success with previous Eastside Tax Allocation District (TAD) development and fa\u0026ccedil;ade improvement grant projects, Invest Atlanta is now accepting new applications for qualified development and improvement projects in the Eastside TAD. Through the Eastside TAD, the City of Atlanta is providing tax increment financing to fund infill projects in Downtown and surrounding neighborhoods and to promote the implementation of public infrastructure and amenities that are critical to building a sustainable community.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Eastside TAD includes the areas of Sweet Auburn, Old 4th Ward and parts of Grant Park, Cabbagetown and Downtown Atlanta. As the redevelopment agent for the Eastside TAD, Invest Atlanta periodically invites developers, property owners and businesses seeking to develop real estate projects or improve eligible property within the Eastside TAD to apply for funding from one of two programs:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eResurgens Fund Grant, providing gap financing for catalytic real estate projects; or\u003c/li\u003e\r\n\t\u003cli\u003eDowntown Fa\u0026ccedil;ade Improvement Grant, offering matching grants toward the exterior improvement of buildings.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eProjects applying for TAD funding must show how they positively impact and revitalize the community by creating a diverse base of permanent jobs, reusing vacant or obsolete buildings, developing near public transit stations or stops, and increasing the property tax base. One example of a recently completed Eastside TAD-funded project is the exterior renovation of property along Auburn and Edgewood Avenues that was funded through $900,000 in Eastside TAD grants.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":113,"title":"Façade Improvement Grants Underwrite Openings of Trendsetter Restaurants","promo_title":"Façade Improvement Grants Underwrite Openings of Trendsetter Restaurants","published_date":"2016-09-14","featured_image":{"id":345,"parent_id":34,"resource_file_name":"facade-improvement-grants-underwrite-openings-of-trendsetter-restaurants-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":95006,"resource_updated_at":"2017-12-21T14:52:37.411-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T14:52:37.580-05:00","updated_at":"2017-12-21T14:53:49.843-05:00","filename_hash":"facade-improvement-grants-underwrite-openings-of-trendsetter-restaurants-featured_xD2n9nJ.jpg","width":400,"height":300},"filename":"facade-improvement-grants-underwrite-openings-of-trendsetter-restaurants","meta_data_id":null,"published":true,"token":"6yBoqw","created_at":"2017-12-21T14:53:49.223-05:00","updated_at":"2017-12-21T14:53:49.223-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Both Caf\u0026eacute; + Velo and Georgia Beer Garden received Downtown Fa\u0026ccedil;ade Improvement Grants (DFIGs) from Invest Atlanta.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe imminent opening of two of the most anticipated new restaurants to come to Atlanta this year \u0026ndash; Caf\u0026eacute; + Velo and Georgia Beer Garden \u0026ndash; is being made possible by Downtown Fa\u0026ccedil;ade Improvement Grants (DFIGs) issued to both projects by Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eGeorgia Beer Garden received a $233,000 DFIG for the renovation of its building at 420 Edgewood, while Caf\u0026eacute; + Velo is leasing space in 381 Edgewood, which obtained a $111,000 DFIG. The grants were issued through IA\u0026rsquo;s Eastside Tax Allocation District (TAD).\u003c/p\u003e\r\n\r\n\u003cp\u003eCaf\u0026eacute; + Velo is a one-of-its-kind space \u0026ndash; a caf\u0026eacute; and bike rental shop with a large patio and rooftop dining deck that will host morning yoga and a mini croquet course.\u003c/p\u003e\r\n\r\n\u003cp\u003eGeorgia Beer Garden will serve only beers from Georgia breweries (24 of them on tap) to go with a Southern-style menu that features a German influence \u0026ndash; think the likes of country chicken and biscuits with schnitzel. The third floor of the space will become a sports bar.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition to these two buildings, 145 Auburn, which houses Condessa Coffee and Arden\u0026rsquo;s Garden, and 339-347 Edgewood, where Uptop Lounge and the recently announced Hungry Ghost, an Asian street food concept from the owners of Poor Calvin\u0026rsquo;s, are recipients of DFIGs from Invest Atlanta.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":36,"title":"Auburn Avenue Building Gets a Facelift","promo_title":"Auburn Avenue Building Gets a Facelift","published_date":"2016-08-17","featured_image":{"id":243,"parent_id":34,"resource_file_name":"340-auburn-avenue-gets-a-facelift-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":68746,"resource_updated_at":"2017-12-20T16:12:47.220-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T16:12:47.375-05:00","updated_at":"2017-12-20T16:13:29.181-05:00","filename_hash":"340-auburn-avenue-gets-a-facelift-featured_YBNelVz.jpg","width":400,"height":300},"filename":"auburn-avenue-building-gets-a-facelift","meta_data_id":null,"published":true,"token":"Z0ezjQ","created_at":"2017-12-20T16:13:28.629-05:00","updated_at":"2017-12-20T16:13:28.629-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The exterior renovation of 340 Auburn Avenue, partly financed through a grant awarded by Invest Atlanta, has been completed.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe exterior renovation of 340 Auburn Avenue, which was partly financed through a grant awarded by Invest Atlanta, has been completed and fully funded. Work on the project began last October and included the installation of new storefront systems, front and back windows and awnings, as well as graffiti removal and brick repair.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe downtown fa\u0026ccedil;ade improvement grant provided $63,371 of the total project cost of $156,237. Invest Atlanta allotted these funds from the Eastside Tax Allocation District to Sweet Auburn Apartments, LLC, the owner of the property.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Downtown Fa\u0026ccedil;ade Improvement Grant (DFIG) program provides a 2/3 matching grant to property and business owners to make exterior improvements to commercial property in the Eastside and Westside Tax Allocation Districts (\u0026ldquo;TAD\u0026rdquo;). This grant was created to enhance the appearance of commercial areas, supporting the Atlanta Streetcar, leveraging private investment, and complementing community revitalization efforts.\u003c/p\u003e\r\n\r\n\u003cp\u003eGene Kansas Real Estate is listing the property for sale; interested parties can call Gene Kansas at 404-635-0027.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":45,"title":"NAVMAR Uses Eastside TAD Grant To Improve Edgewood Avenue Property","promo_title":"NAVMAR Uses Eastside TAD Grant To Improve Edgewood Avenue Property","published_date":"2016-07-21","featured_image":{"id":254,"parent_id":34,"resource_file_name":"navmar-uses-eastside-tad-grant-to-improve-edgewood-avenue-property-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":66707,"resource_updated_at":"2017-12-21T10:23:57.347-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T10:23:57.483-05:00","updated_at":"2017-12-21T10:24:51.985-05:00","filename_hash":"navmar-uses-eastside-tad-grant-to-improve-edgewood-avenue-property-featured_W1aK8pj.jpg","width":400,"height":300},"filename":"navmar-uses-eastside-tad-grant-to-improve-edgewood-avenue-property","meta_data_id":null,"published":true,"token":"bR-XkA","created_at":"2017-12-21T10:24:51.467-05:00","updated_at":"2017-12-21T10:24:51.467-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n A Downtown Fa\u0026ccedil;ade Improvement grant from the Eastside TAD will support the exterior refurbishment of 381 Edgewood Avenue.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eA $111,625 downtown fa\u0026ccedil;ade improvement grant awarded by Invest Atlanta from the Eastside Tax Allocation District to NAVMAR, LLC has been used to help refurbish the exterior of 381 Edgewood Avenue. Work on the project, formerly known as 393 Edgewood Avenue, began last January and was completed in June of this year. The site will soon host a new bicycle-oriented business.\u003c/p\u003e\r\n\r\n\u003cp\u003eBefore undergoing a full renovation, including new electrical and plumbing infrastructure, the one-story building had been just a shell. But now, the property has new windows, doors, and paint, and a second-story rooftop patio. And, the adjacent vacant lot has been transformed into a fully paved and landscaped side patio.\u003c/p\u003e\r\n\r\n\u003cp\u003eTotal project cost was $421,000, of which $305,000 \u0026ndash; including the Invest Atlanta grant \u0026ndash; paid for the all of the exterior fa\u0026ccedil;ade renovations.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Eastside\n\u003c/span\u003e\n"},{"id":57,"title":"Refunding of Eastside TAD Bonds Saves Atlanta $10 Million","promo_title":"Refunding of Eastside TAD Bonds Saves Atlanta $10 Million","published_date":"2016-06-16","featured_image":{"id":266,"parent_id":34,"resource_file_name":"refunding-of-eastside-tad-bonds-saves-atlanta-10-million-dollars-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":72923,"resource_updated_at":"2017-12-21T10:54:38.448-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T10:54:38.589-05:00","updated_at":"2017-12-21T10:55:30.455-05:00","filename_hash":"refunding-of-eastside-tad-bonds-saves-atlanta-10-million-dollars-featured_BxkNq77.jpg","width":400,"height":300},"filename":"refunding-of-eastside-tad-bonds-saves-atlanta-10-million","meta_data_id":null,"published":true,"token":"IiF7qQ","created_at":"2017-12-21T10:55:29.912-05:00","updated_at":"2017-12-21T10:55:29.912-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta and the City of Atlanta have refunded $36.4 million of Atlanta\u0026rsquo;s outstanding Eastside Tax Allocation District bonds.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta and the City of Atlanta have refunded $36.4 million of Atlanta\u0026rsquo;s outstanding Eastside Tax Allocation District bonds. The transaction will save Atlanta $10 million on interest payments over the next 14 years.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Eastside Tax Allocation District, encompassing parts of east and south Downtown, Sweet Auburn, the Old Fourth Ward and Grant Park, has provided $39 million in funding assistance to several projects that have created jobs, boosted the tax base and improved the District\u0026rsquo;s economic vitality. In turn, that TAD financial assistance has leveraged $367 million in private investment in projects including: TWELVE, 30 Allen Plaza, Renaissance Walk, Capitol Gateway, land acquisition for Memorial Greenway and building fa\u0026ccedil;ade improvements along the Atlanta Streetcar route.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":51,"title":"Loan to Finance Rehabilitation of Apartments For Senior and Disabled Citizens","promo_title":"Loan Finances Rehabilitation of Apartments For Senior and Disabled Citizens","published_date":"2016-06-16","featured_image":{"id":260,"parent_id":34,"resource_file_name":"loan-to-finance-rehabilitation-of-apartments-for-senior-and-disabled-citizens-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":56030,"resource_updated_at":"2017-12-21T10:41:50.357-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T10:41:50.492-05:00","updated_at":"2017-12-21T10:42:59.763-05:00","filename_hash":"loan-to-finance-rehabilitation-of-apartments-for-senior-and-disabled-citizens-featured_azn3EwX.jpg","width":400,"height":300},"filename":"loan-to-finance-rehabilitation-of-apartments-for-senior-and-disabled-citizens","meta_data_id":null,"published":true,"token":"LcZq8w","created_at":"2017-12-21T10:42:59.196-05:00","updated_at":"2017-12-21T10:42:59.196-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta closed on a $9.5-million tax-exempt loan to renovate the Ralph David Abernathy Towers Apartments in the West End.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta has closed on a $9.5-million tax-exempt loan to acquire and renovate the 100-unit Ralph David Abernathy Towers Apartments in the Historic West End.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe property, which houses people who are 62 years of age and older as well as physically disabled persons, will receive new energy-efficient appliances, kitchen cabinets, fixtures, countertops and flooring. Other building refurbishments will include new high-performance energy-efficient sliding windows and doors, upgraded elevators, roof and boiler replacements, and energy cost-saving solar panels.\u003c/p\u003e\r\n\r\n\u003cp\u003eRenovated community rooms also will be part of the renewal project, along with a new courtyard picnic area, indoor/outdoor exercise and activity spaces, and new community gardens. An onsite resident activities coordinator also will be coming on board to help residents make maximum use of the facilities.\u003c/p\u003e\r\n\r\n\u003cp\u003eDecember 2017 is the project completion date for the renovations.\u003c/p\u003e\r\n\r\n\u003cp\u003eMore good news for the residents of Abernathy Towers comes from the U.S. Department of Housing and Urban Development (HUD); everyone living at Abernathy Towers will continue to pay no more than 30 percent of their income for rent and utilities because HUD has extended the property\u0026rsquo;s housing-assisted payments contract.\u003c/p\u003e\r\n\r\n\u003cp\u003eApplying this type of lending instrument to improve affordable housing is nothing new to Invest Atlanta, since it was the first finance authority in Georgia to use tax-exempt loans.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"},{"id":142,"title":"Grant Is Catalyst for Post Centennial Park Housing","promo_title":"Grant Is Catalyst for Post Centennial Park Housing","published_date":"2016-03-16","featured_image":{"id":374,"parent_id":33,"resource_file_name":"grant-is-catalyst-for-post-centennial-park-housing-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":74255,"resource_updated_at":"2017-12-21T16:00:28.582-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T16:00:28.736-05:00","updated_at":"2017-12-21T16:00:48.336-05:00","filename_hash":"grant-is-catalyst-for-post-centennial-park-housing-featured_E6x2QQW.jpg","width":427,"height":320},"filename":"grant-is-catalyst-for-post-centennial-park-housing","meta_data_id":null,"published":true,"token":"500nOw","created_at":"2017-12-21T16:00:47.757-05:00","updated_at":"2017-12-21T16:00:47.757-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n A $4.35-million Westside Tax Allocation District grant approved by Invest Atlanta will help finance construction of Post Centennial Park.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eA $4.35-million Westside Tax Allocation District grant approved by Invest Atlanta will help finance construction of Post Centennial Park, a 438-unit apartment community located across the street from the Center for Civil and Human rights and the World of Coca-Cola in downtown Atlanta. Post Properties is the developer for the project, which broke ground in February and should be completed sometime in the spring of 2018.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe grant leverages a $95-million lease purchase bond towards total project costs, resulting in a $4.5-million tax incentive.\u003c/p\u003e\r\n\r\n\u003cp\u003eTen percent of the units, or 44 homes, will be allocated to workforce housing at Post Centennial Park, which is the first new non-student rental development in the Westside/Downtown district in the past 15 years. Workforce households are those that earn 80 percent of the area median income of the Atlanta Metropolitan Statistical Area.\u003c/p\u003e\r\n\r\n\u003cp\u003eReplacing a blighted parking surface, this new community is expected to add about 800 residents to the downtown population.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Downtown\n\u003c/span\u003e\n"},{"id":145,"title":"An Award for City Lights Senior Rental Community","promo_title":"An Award for City Lights Senior Rental Community","published_date":"2016-03-12","featured_image":{"id":376,"parent_id":33,"resource_file_name":"an-award-for-city-lights-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":85786,"resource_updated_at":"2017-12-21T16:04:27.807-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T16:04:27.962-05:00","updated_at":"2017-12-21T16:04:44.093-05:00","filename_hash":"an-award-for-city-lights-featured_YBN6b7l.jpg","width":400,"height":300},"filename":"an-award-for-city-lights-senior-rental-community","meta_data_id":null,"published":true,"token":"2CCUvA","created_at":"2017-12-21T16:04:42.952-05:00","updated_at":"2017-12-21T16:04:42.952-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The National Association of Home Builders (NAHB) awarded City Lights its GOLD as the country\u0026#39;s Best 55+ Affordable Rental Community.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe National Association of Home Builders (NAHB) has given City Lights Apartment Homes, in Atlanta\u0026rsquo;s Old Fourth Ward, its GOLD award as the Best 55+ Affordable Rental Community in the U.S. NAHB announced the honor in January at its International Builders Show in Las Vegas as part of its annual Best of 55+ Housing Awards presentation that recognizes excellence and innovation in the design, development, lifestyle and marketing of housing that appeals to the mature market.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Urban Residential Finance Authority, a component unit of Invest Atlanta, issued $7.5 million in tax-exempt bonds and provided $600,000 in HOME funds to finance the first phase of the City Lights development, which will consist of an 80-unit apartment community for low-income, independent seniors, ages 62 and older.\u003c/p\u003e\r\n\r\n\u003cp\u003eDeveloped by Wingate Companies and its partner, Columbia Residential, City Lights is the first step in the multi-phase redevelopment of the Village of Bedford Pine. The apartment homes are expected to be completed this summer, and will provide residents with a state-of-the-art fitness center, TV and movie room, community kitchen, sun deck, covered garage, business center, and WiFi access.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Old Fourth Ward\n\u003c/span\u003e\n"},{"id":146,"title":"A New HQ for Families First","promo_title":"A New HQ for Families First","published_date":"2016-03-11","featured_image":{"id":377,"parent_id":33,"resource_file_name":"a-new-hq-for-families-first-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":174562,"resource_updated_at":"2017-12-21T16:06:33.291-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T16:06:33.470-05:00","updated_at":"2017-12-21T16:06:49.529-05:00","filename_hash":"a-new-hq-for-families-first-featured_r6PpMPm.jpg","width":1000,"height":750},"filename":"a-new-hq-for-families-first","meta_data_id":null,"published":true,"token":"qnm4Dw","created_at":"2017-12-21T16:06:49.063-05:00","updated_at":"2017-12-21T16:06:49.063-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta Emerging Markets, Inc. provided Families First with an $8.5 million New Markets Tax Credits (NMTC) allocation.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Emerging Markets, Inc., an affiliate of Invest Atlanta, provided Families First with an $8.5 million New Markets Tax Credits (NMTC) investment from SunTrust to acquire and convert a former Atlanta Public Schools building on Atlanta\u0026rsquo;s Westside into its headquarters and main services complex.\u003c/p\u003e\r\n\r\n\u003cp\u003eFamilies First\u0026rsquo;s mission is providing safe homes for at-risk children, housing and self-sufficiency-support services for families, and parental growth and skill-building counseling services. The 38,000-sq. ft. renovation project, near the Ashby Street MARTA station in Washington Park, will help to relocate Families First programs to a more client-accessible location in upgraded facilities and substantially expand the non-profit agency\u0026rsquo;s programming. The new headquarters, in what used to be E.R. Carter Elementary School, will enable Families First to annually serve 52,000 clients \u0026ndash; 91 percent of whom are expected to be low-income.\u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Westside\n\u003c/span\u003e\n"}]}