Atlanta BeltLine Affordable Housing Trust Fund (BAHTF)
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 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. These funds, created by BAHAB have committed funding for:
- Over 75 affordable owner occupied units
- Over 40 affordable rental units
- Lofts at Reynoldstown Crossing
- The Atlanta Land Trust Collaborative (ALTC) – formed in 2011 to foster affordable, transit-oriented development
To view applications, guidelines, and contact information please visit Invest Atlanta’s Multifamily Developer Grants here, and download the “Residential Development Incentives Application.”
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, 20% 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.
In November 2017, the Atlanta City Council unanimously passed legislation sponsored by Councilmember Andre Dickens to require developers building ten or more new residential rental units within the Atlanta BeltLine Overlay District to set aside units for affordable housing. The legislation specifies that a developer must set aside at least 10 percent of units for households earning 60 percent area median income (AMI) or less, or 15 percent of units for households earning 80 percent AMI or less. This legislation is one way to help ensure that areas around the Atlanta BeltLine remain affordable and accessible to all of Atlanta’s residents.
Integrated Action Plan
In 2015, ABI completed an Integrated Action Plan to determine how to best achieve the 2005 Redevelopment Plan’s ambitious economic development and housing goals. The approach of the IAP is practical and action-oriented. It concentrates on fiscal years 2016 to 2020 while establishing a longer-term general framework through 2030.
Key strategies of the Integrated Action Plan include:
- Pursue and diversify funding sources
- Build financial sources and tools for land acquistion
- Predevelopment and sale/lease of ABI owned land to include affordable workforce housing
- Strengthen partnerships and policy (i.e. Inclusionary Zoning)
Key projects of the Integrated Action Plan include:
- Capitalize an acquisition fund
- Directly support the creation of 3 major affordable workforce housing developments
Read more and download the Integrated Action Plan.
Affordable Housing Strategy
In 2012, Atlanta BeltLine, Inc., the Atlanta BeltLine Affordable Housing Advisory Board, and Enterprise Community Partners developed an affordable housing strategy for the Atlanta BeltLine. The study identified the existing and future inventory needed for affordable housing. It also created tools and financial models for developers to build affordable housing along Atlanta BeltLine. Through the end of 2017, this funding, in conjunction with Invest Atlanta, has helped create 1,311 affordable housing units in the Atlanta BeltLine Planning Area. Throughout the TAD, 11,343 housing units have been created.
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. ALTC brings needed development expertise and capacity with a focus on permanent affordable housing and transit oriented development. Learn more.
We archive important documents relating to our affordable housing initiatives. If you are unable to locate a particular document, please contact us for assistance.