Atlanta Beltline Launches Grant Program to Support Local Developers, Now Accepting Applications

Exciting news! The Beltline has launched the Local Developer Incentive Fund — a new pilot program that offers major funding to local developers who build or renovate along the Beltline and commit to keeping commercial space affordable for small businesses. 

As Atlanta grows and rents rise, the program aims to strengthen Beltline neighborhoods and create lasting opportunities to help local entrepreneurs succeed. Grants range from $150,000 to $500,000 and developers must keep rents low for at least 10 years. 

“Launching the Local Developer Incentive Fund marks a pivotal moment in the Beltline's evolution,” said Clyde Higgs, President & CEO at Atlanta Beltline, Inc. “We're proving that transformative development and community preservation aren't mutually exclusive, and we want to ensure that residents and visitors alike experience the authentic, locally-owned businesses that represent the true spirit of our city. This fund is our commitment to making that vision a reality.” 

Business rent along the Beltline is among the highest in the metro area, and many new developments don’t include space for local shops. This program aims to change that, preserving historic, diverse areas and culture by supporting existing and community-serving businesses.  

“Our local shops and restaurants are the heart of our neighborhoods but rising rent often stands in the way of their dreams,” said Kelvin Collins, Vice President of Economic Development at Atlanta Beltline, Inc. “The Local Developer Incentive Fund is our direct response—an innovative model that shares the responsibility of fostering small business success with our development community. This is how we ensure that Beltline’s growth works for everyone”. 

Administered by the Center by Lendistry, the Local Developer Incentive Fund includes these key benefits:   

• Helps cover project costs and attract more funding 

• Support from the Atlanta Beltline Business Solutions Office 

• Market research and data to help developers and businesses offset costs 

Grants must be paid back if rents aren’t kept affordable for 10 years. 

The fund is part of the Beltline’s broader economic development strategy, alongside programs like the Atlanta Beltline Marketplace. It’s also designed to help local businesses gear up for major upcoming events like the 2026 FIFA World Cup™ and Super Bowl LXII, and to thrive in the years that follow. 

The program is funded through 2016 bond proceeds specifically designated for economic development, making sure that public investment directly benefits Atlanta’s communities and small business ecosystem.  

Applications close on October 24. Click here to learn more and apply today.