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The Atlanta BeltLine
Where Atlanta Comes Together. Learn more
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. Through the end of 2014, this funding, in conjunction with Invest Atlanta, has helped create 985 affordable housing units along the Atlanta BeltLine.
Atlanta BeltLine Housing Initiative Program
The Atlanta BeltLine Housing Initiative Program (HIP) is designed to give qualified families the opportunity to buy or renovate homes along the trails, parks, and future transit of the Atlanta BeltLine. Eligible homebuyers could receive up to 25% or $45,000 for a downpayment. Eligible homeowners could receive up to $25,000 to make needed repairs to keep their home warm, safe, and dry. This program is brought to you by a partnership between Federal Home Loan Bank of Atlanta and Atlanta BeltLine, Inc. More information can be found on www.atlantabeltlinehomes.com. Pre-applications for downpayment assistance are due by August 30, 2015.
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.
|Mixed Income Transit Oriented Development Strategy||ABI, 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 Study||Detailed report about the Lofts at Reynoldstown Crossing project.|
|BeltLine Affordable Housing Advisory Board 2010 Annual Briefing||Presentation 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 Grants||Application 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 Recommendations||BAHAB's policy recommendations to BAHTF, complete with detailed rationale and supporting appendices.|
|BeltLine Affordable Housing Advisory Board Statement of Guiding Principles||BAHAB 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 Bylaws||BAHAB 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.|