Earth Day Clean-Up 2012

Hundreds of dedicated volunteers came out for Earth Day Clean-Up 2012 to clear the way for the Atlanta BeltLine Urban Farm in southwest Atlanta.

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The Atlanta BeltLine

Where Atlanta Comes Together. Learn more

 
 
Affordable Housing

Atlanta BeltLine Living Made Easier

The Atlanta BeltLine affordable housing program seeks to make city living financially attainable for both renters and homeowners. Our goal is to create 5,600 units of affordable housing over twenty-five years, with 15% of net bond proceeds dedicated to an affordable housing trust fund. To date, $8.8 million has been capitalized in this fund, administered by Invest Atlanta. This provides dollars to homebuyers through down payment assistance and incentives to developers to build affordable housing. To date, this funding has helped create 120 affordable housing units along the Atlanta BeltLine.

 
 
 
 
 
 
 
 
 
 
 
 
 
 

Build Affordable Housing

Affordable housing is critical to the Atlanta BeltLine development plan. Atlanta BeltLine Affordable Housing Trust Fund (BAHTF) assists with the creation and preservation of affordable housing along the Atlanta BeltLine. Funding from BAHTF can be combined with money from other programs to construct or renovate affordable housing.

Atlanta BeltLine Affordable Housing Advisory Board (BAHAB)

The transformative nature of the Atlanta BeltLine will impact housing availability and affordability in and around the corridor. In anticipation of changing realities, 15% of net TAD bond proceeds are reserved for workforce or affordable housing. BAHAB is designed to make recommendations for maximizing the use of tax allocation dollars.

Affordable Housing Trust Fund

The Atlanta City Council created the Atlanta BeltLine Affordable Housing Trust Fund (BAHTF) to promote the creation and preservation of affordable housing within Atlanta BeltLine neighborhoods. Grant funds from BAHTF add a necessary, flexible and unprecedented tool to Atlanta’s affordable housing toolkit. Trust Fund dollars are used to create and preserve both owner occupied and rental housing and provide direct assistance to homebuyers as well as incentives for affordable housing developers.

To view applications, guidelines, and contact information please visit Invest Atlanta’s Multifamily Developer Grants page.

Atlanta Land Trust Collaborative

The Atlanta Land Trust Collaborative (ALTC) was created to maintain affordability in neighborhoods at risk for displacement and gentrification as a result of the Atlanta BeltLine development. The Atlanta BeltLine Partnership, the Atlanta Housing Association of Neighborhood-based Developers (AHAND) and the Annie E. Casey Foundation led more than 30 public, private, non-profit, and community organizations for more than two years to bring the ALTC into existence in December 2009.

Policies and Studies

With the support of the Atlanta BeltLine Affordable Housing Advisory Board (BAHAB), Atlanta BeltLine, Inc. and the Atlanta Development Authority submitted affordable housing policies to the Atlanta City Council. Council approval was granted in October 2008.

Related Documents

DocumentDescription
Mixed Income Transit Oriented Development StrategyABI, BAHAB, Enterprise Community Partners, and Bleakly Advisory Group, Inc. together developed a series of recommendations to implement Mixed Income Transit Oriented Development. Download the presentation given to Atlanta City Council in March 2013.
Lofts at Reynoldstown Crossing Case StudyDetailed report about the Lofts at Reynoldstown Crossing project.
BeltLine Affordable Housing Advisory Board 2010 Annual BriefingPresentation that outlines BAHAB's guiding principles, framework, components and target audience. Recaps BAHAB's work plan and progress in 2010. Highlights accomplishments and future plans.
Atlanta BeltLine Affordable Housing Trust Fund Developer GrantsApplication for funding for Multi-Family and Single-Family Developer Grants. Grants are available to Multi-Family Developers from the BeltLine Affordable Housing Trust Fund to finance multifamily developments along the Atlanta BeltLine.
BeltLine Affordable Housing Advisory Board Affordable Housing Trust Fund RecommendationsBAHAB's policy recommendations to BAHTF, complete with detailed rationale and supporting appendices.
BeltLine Affordable Housing Advisory Board Statement of Guiding PrinciplesBAHAB is a citizens advisory board was created by the City of Atlanta in connection with the BeltLine TAD and outlines its guiding principles in this document.
BeltLine Affordable Housing Advisory Board BylawsBAHAB is a citizens advisory board was created by the City of Atlanta in connection with the BeltLine TAD and outlines its bylaws in this document.
Program Details

The Atlanta BeltLine Affordable Housing Program seeks to:

  • make city living financially attainable for renters and homeowners
  • create 5,600 units of affordable housing over 25 years
  • retain 15% of net bond proceeds for an affordable housing trust fund
  • provide downpayment assistance to homebuyers
  • provide incentives to developers
  • engender successful and transformational projects, such as the Lofts at Reynoldstown Crossing
Case Study: Lofts at
Reynoldstown Crossing

Atlanta BeltLine, Inc. acquired the formerly distressed property, and then led a public/private partnership to sell fully renovated units to 28 qualified buyers in a single day. All were sold as part of the first-ever affordable housing drawing in the City of Atlanta history, and included three units sold as part of a new Community Land Trust to Atlanta police officers and a teacher. The acquisition, renovation, and sale of the lofts occurred in just four months, making it one of the most successful and transformational projects in the country.

View the Lofts at Reynoldstown Crossing Case Study.

Measurable Results

Trust Fund policies were established in 2008 with the BeltLine Affordable Housing Advisory Board. $8.8 million has been capitalized into the fund to date. The Atlanta BeltLine Affordable Housing Trust Fund has committed funding for:

  • Over 75 affordable owner occupied units
  • Over 40 affordable rental units
  • Lofts at Reynoldstown Crossing
  • The Atlanta Land Trust Collaborative (ALTC) was formed in 2011 to foster affordable, transit-oriented development
  • The ALTC is a key steward for affordable housing along the Atlanta BeltLine, and an asset for affordable housing development in the region.