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Invest Atlanta News

Making an Impact on Atlanta

Scroll down to see the impact and stories of people and places supported through Invest Atlanta programs.

 

2024 At A Glance

4,250

New Jobs Created (Business Attraction and Expansion)

$1.57B

Total Capital Investment

$1.85B

Total Economic Impact

2,475

Affordable Housing Units Financed (Multifamily)

409

Homeownership Incentives (Downpayment Assistance, Owner-Occupied Rehab and Tax Relief)

1,845

Small Businesses Supported (Grants, Loans and Technical Assistance)

 

See What We’ve Been Up To

{"result":[{"id":549,"title":"A Far-Reaching Impact","promo_title":"A Far-Reaching Impact","published_date":"2025-01-31","featured_image":{"id":467,"parent_id":7,"resource_file_name":"about_prmedia_mantle_940x360.jpg","resource_content_type":"image/jpeg","resource_file_size":482807,"resource_updated_at":"2018-01-09T11:29:57.446-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":4,"created_at":"2018-01-09T11:29:57.692-05:00","updated_at":"2025-02-06T12:49:01.801-05:00","filename_hash":"about_prmedia_mantle_940x360_Qg5Y7Mk.jpg","width":1880,"height":720},"filename":"a-far-reaching-impact","meta_data_id":null,"published":true,"token":"UTb6hw","created_at":"2025-02-06T12:49:01.775-05:00","updated_at":"2025-02-06T12:49:01.775-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta Emerging Markets, Inc. (AEMI) finished 2024 strong, making an impact throughout the city through its support of organizations that are tackling some of Atlanta\u0026rsquo;s most pressing issues.\n\u003c/div\u003e\n","project_year":"2024","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Emerging Markets, Inc. (AEMI) finished 2024 strong, making an impact throughout the city through its support of organizations that are tackling some of Atlanta\u0026rsquo;s most pressing issues.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;In 2024, AEMI reinforced its commitment to Atlanta\u0026rsquo;s social entrepreneurship ecosystem, providing impact-driven lending to support local innovators and their work in building stronger communities,\u0026quot; says Stephen McRae, president, Atlanta Emerging Markets, Inc.\u003c/p\u003e\r\n\r\n\u003cp\u003eCreated by Invest Atlanta in 2005, the certified Community Development Entity closed $600,000 in impact loans in December alone, totaling $1,001,437 in loan funding for Atlanta\u0026rsquo;s social entrepreneurs in 2024. Below are the latest organizations that received assistance from AEMI financing.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left: 40px;\"\u003e\u003cstrong\u003eGoodr\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left: 40px;\"\u003eFounded in Atlanta in 2017, \u003ca href=\"https://goodr.co/\"\u003eGoodr\u003c/a\u003e is a for-profit social impact enterprise (and certified B-Corp) that leverages logistics technology to reduce food waste and end hunger across the country. By recovering surplus food from organizations and securing food directly from retailers and wholesalers, Goodr ensures consistent, high-quality food access in food insecure communities.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left: 40px;\"\u003eGoodr\u0026rsquo;s leverage loan from AEMI will support strategic hires, technology improvements and continued operations. These initiatives will reduce the costs of goods sold, expand partnerships, increase Goodr\u0026rsquo;s runway and enable profitability. This is the second loan Goodr has received from AEMI and represents ongoing partnerships between the impact enterprise and Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left: 40px;\"\u003eGoodr\u0026rsquo;s work continues to have a significant impact throughout the city. Over the last 12 months alone, the organization has:\u003c/p\u003e\r\n\r\n\u003cul style=\"margin-left: 40px;\"\u003e\r\n\t\u003cli\u003eDistributed 477,654 pounds of food\u003c/li\u003e\r\n\t\u003cli\u003eServed 1,037,841 meals\u003c/li\u003e\r\n\t\u003cli\u003eDiverted 767,756 pounds of food from landfills\u003c/li\u003e\r\n\t\u003cli\u003ePrevented 416,891 CO2 emissions\u003c/li\u003e\r\n\t\u003cli\u003eContributed $1,846,587 in economic value\u003c/li\u003e\r\n\t\u003cli\u003eServed 14,076 households\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp style=\"margin-left: 40px;\"\u003e\u003cstrong\u003e2024 Civic Impact Borrowers\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left: 40px;\"\u003eEvery year AEMI partners with the \u003ca href=\"https://civicatlanta.org/\"\u003eCenter for Civic Innovation\u003c/a\u003e (CCI), offering graduates of its social impact incubator and awards programs the opportunity to apply for 0% interest loans to scale their impact in Atlanta. These organizations focus on hyper-local solutions to Atlanta\u0026rsquo;s most pressing issues, including everything from maternal health to gun violence prevention.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left: 40px;\"\u003eThis year\u0026rsquo;s Civic Impact Loan recipients help ensure Atlanta is a city where students receive culturally relevant education and where leaders are rooted in civic mindedness.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left: 40px;\"\u003e\u003ca href=\"https://www.werestoremore.com/\"\u003e\u003cstrong\u003eRestore More\u003c/strong\u003e\u003c/a\u003e\u003cb\u003e\u0026nbsp;\u003c/b\u003ebuilds capacity in the educational system through restorative practices, anti-racism work, teacher wellness and social-emotional learning trainings. AEMI\u0026rsquo;s funding will help launch a new curriculum and scale the business while maintaining the highly customizable programs that schools and educators know to expect from the organization.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left: 40px;\"\u003e\u003ca href=\"https://blazeleadership.co/about/\"\u003e\u003cstrong\u003eBlaze Leadership \u003c/strong\u003e\u003c/a\u003eis a leadership development and change management firm that focuses on leaders and organizations who are bringing about dramatic change in their community and in their world, providing the tools, coaching and strategic counsel they need to bring big visions into fruition. AEMI\u0026rsquo;s funding will fund increased staff capacity.\u003c/p\u003e\r\n\r\n\u003cp\u003eAtlanta Emerging Markets, Inc. (AEMI) is a certified Community Development Entity that fosters economic development, job creation and neighborhood revitalization in underinvested communities. It offers flexible financing to high-impact businesses and real estate development projects.\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":554,"title":"Invest Atlanta Celebrates Two Groundbreakings for Affordable Housing ","promo_title":"Invest Atlanta Celebrates Two Groundbreakings for Affordable Housing ","published_date":"2025-01-15","featured_image":{"id":2758,"parent_id":177,"resource_file_name":"hsp06732.png","resource_content_type":"image/png","resource_file_size":1361659,"resource_updated_at":"2025-02-06T13:56:07.941-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2025-02-06T13:56:07.976-05:00","updated_at":"2025-02-06T13:56:36.911-05:00","filename_hash":"hsp06732_YWMr3z3.png","width":1080,"height":721},"filename":"invest-atlanta-celebrates-two-groundbreakings-for-affordable-housing","meta_data_id":null,"published":true,"token":"WlmvZg","created_at":"2025-02-06T13:56:36.903-05:00","updated_at":"2025-02-06T13:56:36.903-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta team members were onsite to celebrate the groundbreaking of two notable housing developments that not only support Atlanta\u0026rsquo;s affordability goals, but also contribute to vibrant, diverse communities.\n\u003c/div\u003e\n","project_year":"2025","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta team members were onsite to celebrate the groundbreaking of two notable housing developments that not only support Atlanta\u0026rsquo;s affordability goals, but also contribute to vibrant, diverse communities.\u003c/p\u003e\r\n\r\n\u003cp\u003eAccording to Dr. Eloisa Klementich, president and CEO of Invest Atlanta, when families can access housing without a disproportionate financial burden, they can allocate resources toward education, healthcare and savings, leading to improved economic stability and opportunities for upward mobility. \u0026ldquo;By investing in affordable housing, we improve opportunities for upward mobility and long-term economic development,\u0026rdquo; says Eloisa. \u0026ldquo;Any day we break ground on an affordable housing project is a good day in my book.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eBelow are the first two groundbreakings of 2025.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left: 40px;\"\u003e\u003cstrong\u003eSweet Auburn Grande \u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left: 40px;\"\u003eSweet Auburn Grand is the site of a historic building built in 1908 that once housed the Atlanta State Savings Bank, the first Black-owned bank in Atlanta and Georgia\u0026rsquo;s first state-chartered Black bank. With financing help from Invest Atlanta and its housing partners, including $28 million in tax-exempt bond financing, $3 million in Housing Bond Opportunity and a $4 million Eastside Tax Allocation District (TAD) Grant, the building will be preserved and renovated to include 109 multifamily housing units \u0026ndash; 92 of which will be restricted to serve 80% area median income (AMI) and below.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left: 40px;\"\u003e\u003cstrong\u003eMetropolitan Place \u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left: 40px;\"\u003eA $37.5 million tax-exempt loan and a $2.9 million housing opportunity bond loan approved by the Invest Atlanta Board is financing the new construction of 176 affordable multifamily housing units and mixed-use development in the Perkerson neighborhood. All Metropolitan Place housing units will be available at 70% AMI or less with 36 units offered at or below 30% 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 \n\u003c/span\u003e\n"},{"id":538,"title":"Invest Atlanta Board Approves Five Affordable Housing Resolutions","promo_title":"Invest Atlanta Board Approves Five Affordable Housing Resolutions","published_date":"2024-08-31","featured_image":{"id":2699,"parent_id":5,"resource_file_name":"bowen3.jpg","resource_content_type":"image/jpeg","resource_file_size":106868,"resource_updated_at":"2024-09-04T12:26:49.848-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2024-09-04T12:26:49.868-04:00","updated_at":"2024-09-04T12:27:05.813-04:00","filename_hash":"bowen3_QzXYkjb.jpg","width":1059,"height":592},"filename":"invest-atlanta-board-approves-five-affordable-housing-resolutions","meta_data_id":null,"published":true,"token":"FN0HZw","created_at":"2024-09-04T12:27:05.804-04:00","updated_at":"2024-09-04T12:27:05.804-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Housing affordability in Atlanta remains a top priority, and Invest Atlanta is committed to working alongside Mayor Andre Dickens to create and preserve 20,000 affordable housing units by 2030. Developments continue to fill the pipeline, moving the City ever closer to its goal.\n\u003c/div\u003e\n","project_year":"2024","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eHousing affordability in Atlanta remains a top priority, and Invest Atlanta is committed to working alongside Mayor Andre Dickens to create and preserve 20,000 affordable housing units by 2030. Developments continue to fill the pipeline, moving the City ever closer to its goal.\u003c/p\u003e\r\n\r\n\u003cp\u003eYear to date, Invest Atlanta has closed on financing for 735 affordable housing units and is projected to exceed 2,000 units by the end of the year. Below are some of the latest developments approved for Invest Atlanta financing.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eBowen Homes I\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eBowen Homes I represents the first phase of a vibrant, mixed-income housing community and green space that will transform the surrounding Brookview Heights neighborhood. The development will revitalize a historically neglected and environmentally stressed area on James Jackson Parkway into a place of natural, social and economic regeneration. The Invest Atlanta Board authorized a $1.5 million Hollowell/M.L. King Tax Allocation District (TAD) grant, as well as $1.5 million in Series 2021 Housing Opportunity Bonds to finance the development. Affordability will include 48 units at 30% area median income (AMI), 49 units at 60% AMI and 54 units at market rate.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eVerbena\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta Board approved a $75.5 million Lease Purchase Bond inducement resolution to finance the new construction of a 240 multifamily housing development in the Dixie Hills neighborhood. Located on what is currently a vacant lot on Verbena Street, the development is designed to foster community and a high quality of life, with 240 residential units across 10 garden style multifamily buildings. Affordability will include 23 units at 30% AMI, 194 units at 50% AMI and 23 units at 60% AMI.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eBridge at Harwell\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eA $62.2 million Lease Purchase Bond inducement resolution approved by the Invest Atlanta Board will finance the new construction of a multifamily housing development in the Collier Heights neighborhood. Located on Harwell Road, the Bridge at Harwell will be a garden-style community featuring seven residential buildings and common areas. Of the 180 units, 152 will be made affordable at 60% AMI.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eThe Avenue at 3060\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eFinanced through $2.7 million in Housing Opportunity Bonds approved by the Invest Atlanta Board, The Avenue at 3060 will be a transformational gated community in the Collier Heights neighborhood. The former Sierra Ridge Apartment complex was originally built in 1973 and had a long history of violence, crime and substandard living conditions. In 2021, the property was gutted and is in the final phase of construction to preserve the development. Once complete, The Avenue at 3060 will feature 238 units \u0026ndash; 72 of which will be available at 60% AMI.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eHerndon Square Phase III\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe revitalization of Herndon Square continues with the Invest Atlanta Board\u0026rsquo;s approval of $37 million in tax-exempt loan financing for Phase III. This phase will include the new construction of 178 multifamily housing units \u0026ndash; 151 of which will be available between 30-80% AMI. Located in the English Avenue neighborhood, Herndon Square Phase III is part of a mixed-use, mixed-income, master-planned community located adjacent to the Georgia Tech/Trammell Crowe\u0026rsquo;s 18-acre Science Square.\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":532,"title":"Invest Atlanta Closes on Faith-Based Micro Loans","promo_title":"Invest Atlanta Closes on Faith-Based Micro Loans","published_date":"2024-07-29","featured_image":{"id":2679,"parent_id":5,"resource_file_name":"img_0547.jpeg","resource_content_type":"image/jpeg","resource_file_size":1063704,"resource_updated_at":"2024-07-29T12:26:34.011-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2024-07-29T12:26:34.072-04:00","updated_at":"2024-07-29T12:32:11.381-04:00","filename_hash":"img_0547_lPZYPqr.jpeg","width":2048,"height":1536},"filename":"invest-atlanta-closes-on-faith-based-micro-loans","meta_data_id":null,"published":true,"token":"ti3tMw","created_at":"2024-07-29T12:32:11.329-04:00","updated_at":"2024-07-29T12:32:11.329-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta has completed the first five closings tied to the Faith-Based Initiative Micro Loan Program. Loan recipients include Providence Missionary Baptist Church, Church of God and Saints of Christ, RIZE Empowerment and Development Corp, The Path Church and the Society of St. Vincent de Paul.\u003cbr /\u003e\r\n\n\u003c/div\u003e\n","project_year":"2024","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta has completed the first five closings tied to the Faith-Based Initiative Micro Loan Program. Loan recipients include Providence Missionary Baptist Church, Church of God and Saints of Christ, RIZE Empowerment and Development Corp, The Path Church and the Society of St. Vincent de Paul.\u003c/p\u003e\r\n\r\n\u003cp\u003eMayor Andre Dickens announced the launch of the $500,000 forgivable loan program as part of the City of Atlanta\u0026rsquo;s Faith-Based Development Initiative (FBDI) in late 2023. This funding supports the creation of affordable housing on sites owned by faith institutions.\u003c/p\u003e\r\n\r\n\u003cp\u003eThrough the forgivable loan program, faith-based organizations can engage in pre-development work to help activate their land holdings to create affordable housing. Approximately 25 partner projects will be funded and will include support site due diligence such as appraisal, survey, architectural renderings and other allowable costs.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;By partnering with places of worship to develop underutilized land owned by faith-based groups, we are leveraging even more tools to reach our Administration\u0026rsquo;s goal to build or preserve 20,000 units of affordable housing,\u0026rdquo; says Mayor Dickens. \u0026ldquo;Faiths of all backgrounds have the unifying thread of service to their community, so I thank these partners in advance because great things happen when we all come together for the good of the people.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe FBDI program was launched in February 2022 to connect faith-based organizations with resources and technical assistance to help bolster the activation of privately held land to create more affordable housing across Atlanta. The initiative has provided technical assistance to more than 500 organizations and has seen 12 faith institutions move forward with affordable housing development efforts on their sites.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Faith-Based Initiative Micro Loan Program is funded through the City\u0026rsquo;s Housing Trust Fund and is administered by Invest Atlanta, with up to $25,000 available per project. This program is for properties within the city of Atlanta, and planned development must include affordable housing.\u003c/p\u003e\r\n\r\n\u003cp\u003eLearn more about the Faith-Based Development Initiative \u003ca href=\"https://www.atlantaga.gov/government/departments/city-planning/housing/faith-based-development-initiative\"\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 \n\u003c/span\u003e\n"},{"id":533,"title":"Grant Opportunity Supports Access to Fresh Food","promo_title":"Grant Opportunity Supports Access to Fresh Food","published_date":"2024-07-26","featured_image":{"id":2003,"parent_id":7,"resource_file_name":"cpig_mantle.png","resource_content_type":"image/png","resource_file_size":436323,"resource_updated_at":"2022-07-25T13:03:14.630-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-07-25T13:03:15.336-04:00","updated_at":"2024-07-29T16:36:54.984-04:00","filename_hash":"cpig_mantle_j3DlByW.png","width":984,"height":360},"filename":"grant-opportunity-supports-access-to-fresh-food","meta_data_id":null,"published":true,"token":"WLoXMw","created_at":"2024-07-29T12:48:41.163-04:00","updated_at":"2024-07-29T16:36:54.962-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta has launched a $750,000 grant opportunity for grocery store owners looking to make internal and external improvements to their commercial properties. The grant program provides up to $50,000 per project and is an expansion of the existing \u003ca href=\"https://www.investatlanta.com/businesses/small-businesses/commercial-property-improvement-grant\"\u003eCommercial Property Improvement Grant (CPIG)\u003c/a\u003e.\n\u003c/div\u003e\n","project_year":"2024","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta has launched a $750,000 grant opportunity for grocery store owners looking to make internal and external improvements to their commercial properties. The grant opportunity provides up to $50,000 per project and is an expansion of the existing \u003ca href=\"https://www.investatlanta.com/businesses/small-businesses/commercial-property-improvement-grant\"\u003eCommercial Property Improvement Grant (CPIG)\u003c/a\u003e.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The fresh food access grant program is a way for our Administration to develop community partnerships to ensure access to fresh, nutritious food to all of Atlanta,\u0026rdquo; says Mayor Andre Dickens. \u0026ldquo;In addition to closing the food access gap, these grants can help independent grocers expand and create jobs, become more energy efficient, enhance their property and a variety of added benefits for the surrounding neighborhoods.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eQualified grocery businesses selling fresh food may use grant funds to maintain or expand properties with eligible expenses. These include fa\u0026ccedil;ade enhancements, interior renovations, energy-efficient upgrades and other modifications that contribute to a more inviting and functional shopping environment. Grocery operators can also access technical assistance provided through the Independent Grocers Alliance (IGA) to help optimize supply chain processes and increase access to healthy, affordable food for the community.\u003c/p\u003e\r\n\r\n\u003cp\u003eAccording to Dr. Eloisa Klementich, president and CEO of Invest Atlanta, the opportunity grant goes beyond increasing access to fresh food, it also supports small businesses, creates jobs and improves retail infrastructure. \u0026ldquo;Access to fresh food is not just a privilege, but a fundamental right that impacts our health and well-being,\u0026rdquo; says Dr. Klementich. \u0026ldquo;Alongside the City of Atlanta and our partners, we are working to ensure that investments to increase food access make a long-term, holistic impact on our communities.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Commercial Property Improvement Grant (CPIG) was created within the \u003ca href=\"https://www.investatlanta.com/businesses/small-businesses/openforbusiness\"\u003eAtlanta Open for Business Fund\u003c/a\u003e, in partnership with the United Way of Greater Atlanta. The fund was made possible by a $20 million donation from Wells Fargo to help small business owners in Atlanta own more of their businesses\u0026rsquo; assets, including property and equipment.\u003c/p\u003e\r\n\r\n\u003cp\u003eFor more information about the Commercial Property Improvement Grant and to apply, visit Invest Atlanta\u0026rsquo;s website, \u003ca href=\"http://investatlanta.com/cpig\"\u003einvestatlanta.com/cpig\u003c/a\u003e. There is also a webinar recording that details the application process, eligibility requirements and program benefits. To learn more about Grocery Technical Assistance, watch \u003ca href=\"https://www.youtube.com/watch?v=UFpZhQ5tQag\u0026amp;t=10s\"\u003eInvest Atlanta\u0026rsquo;s informational session\u003c/a\u003e with IGA.\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":528,"title":"Brownfield Cleanup Grant Paves Way for New Affordable Housing Development","promo_title":"Brownfield Cleanup Grant Paves Way for New Affordable Housing Development","published_date":"2024-06-26","featured_image":{"id":2664,"parent_id":170,"resource_file_name":"fcs2.jpg","resource_content_type":"image/jpeg","resource_file_size":69020,"resource_updated_at":"2024-07-09T17:07:32.691-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2024-07-09T17:07:32.709-04:00","updated_at":"2024-07-09T17:07:40.402-04:00","filename_hash":"fcs2_D3LkVRE.jpg","width":749,"height":495},"filename":"brownfield-cleanup-grant-paves-way-for-new-affordable-housing-development","meta_data_id":null,"published":true,"token":"V-vaYw","created_at":"2024-07-09T17:07:40.395-04:00","updated_at":"2024-07-09T17:07:40.395-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board has approved a $550,000 brownfield cleanup subgrant for the remediation of a contaminated site in South Atlanta prior to its development.\n\u003c/div\u003e\n","project_year":"2024","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board has approved a $550,000 brownfield cleanup subgrant for the remediation of a contaminated site in South Atlanta prior to its development.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe grant, funded by the U.S. Environmental Protection Agency (EPA), was awarded to FCS Urban Ministries Inc., to address a 0.53-acre property on McDonough Boulevard that was compromised by previous petroleum service stations and nearby dry-cleaning facilities.\u0026nbsp; The grant will remediate contaminated soil and remove asbestos-containing material. Vapor barriers will also be installed to mitigate contamination from the former dry-cleaning sites.\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce complete, FCS Urban Ministries will redevelop the property into two, three-story buildings that will house 18 apartment units \u0026ndash; 12 of which will be made affordable serving 60% area median income and below. The development will also include a third, two-story building that will house a restaurant tenant with below-market rents.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe $8 million project is expected to create 25 jobs and is located .5 miles from the Atlanta BeltLine. FCS Urban Ministries is a nonprofit community developer that has worked in South Atlanta for more than 20 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":525,"title":"The Vision for Centennial Yards","promo_title":"The Vision for Centennial Yards","published_date":"2024-06-26","featured_image":{"id":2663,"parent_id":170,"resource_file_name":"cent1.jpg","resource_content_type":"image/jpeg","resource_file_size":141458,"resource_updated_at":"2024-07-09T16:39:20.513-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2024-07-09T16:39:20.538-04:00","updated_at":"2024-07-10T13:56:38.213-04:00","filename_hash":"cent1_nMbK6RY.jpg","width":937,"height":529},"filename":"the-vision-for-centennial-yards","meta_data_id":null,"published":true,"token":"-QzQvw","created_at":"2024-07-09T16:40:01.432-04:00","updated_at":"2024-07-10T13:56:38.193-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Working with the City of Atlanta, Invest Atlanta and CIM Group are partnering to develop the area formerly known as the Gulch in Downtown Atlanta, representing a public-private partnership that will create a world-class destination and spur significant economic growth for the city.\n\u003c/div\u003e\n","project_year":"2024","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eWorking with the City of Atlanta, Invest Atlanta and CIM Group are partnering to develop the area formerly known as the Gulch in Downtown Atlanta, representing a public-private partnership that will create a world-class destination and spur significant economic growth for the city.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe vision for Centennial Yards includes the transformation of downtown rail lines and parking lots into a bustling, mixed-use, 50-acre development adjacent to State Farm Arena and Mercedes-Benz Stadium. This expansive city attraction will feature high-end restaurants and retail, entertainment, 5-star hotels, innovative workplaces for businesses of all sizes and thousands of residential units.\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce complete, Centennial Yards will boast 900,000 square feet of retail space, 2.8 million square feet of residential housing (including more than 200 affordable units), 1.7 million square feet of hospitality venues, along with a 300,000 square foot Data Center and 6,000 parking stalls.\u003c/p\u003e\r\n\r\n\u003cp\u003eCentennial Yards is situated at the crossroads of Georgia\u0026rsquo;s transportation system, 20 minutes from Atlanta Hartsfield-Jackson International Airport and 10 minutes from Midtown Atlanta. MARTA lines converge at Centennial Yards, along with easy access to the Atlanta BeltLine \u0026ndash; the 22-mile loop of trails, transit and parks connecting 45 intown neighborhoods.\u003c/p\u003e\r\n\r\n\u003cp\u003eAt its June 2024 meeting, the Invest Atlanta Board of Directors approved the monetization of previously issued bonds to help accelerate the development of Centennial Yards and further the City of Atlanta\u0026rsquo;s development goals for Downtown Atlanta and the adjacent Westside Tax Allocation District\u0026nbsp;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 Westside\n\u003c/span\u003e\n"},{"id":522,"title":"Salvation Army Receives Funding to Increase Impact","promo_title":"Salvation Army Receives Funding to Increase Impact","published_date":"2024-05-01","featured_image":{"id":2512,"parent_id":158,"resource_file_name":"sa4.jpg","resource_content_type":"image/jpeg","resource_file_size":487076,"resource_updated_at":"2023-09-28T10:33:46.983-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2023-09-28T10:33:47.126-04:00","updated_at":"2024-05-30T13:33:55.043-04:00","filename_hash":"sa4_pz3qN1p.jpg","width":2200,"height":1221},"filename":"salvation-army-receives-funding-to-increase-impact","meta_data_id":null,"published":true,"token":"hJgEOg","created_at":"2024-05-29T15:30:53.998-04:00","updated_at":"2024-05-30T13:33:55.026-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \u003ca href=\"https://atlantaemergingmarkets.org/\"\u003eAtlanta Emerging Markets, Inc.\u003c/a\u003e (AEMI) has awarded $15 million in New Markets Tax Credit (NMTC) allocation to the Salvation Army\u0026rsquo;s HOPE with Dignity campaign. This award is in addition to a $2 million Westside Tax Allocation District (TAD) Ascension Fund Grant previously approved by the Invest Atlanta Board.\n\u003c/div\u003e\n","project_year":"2024","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003e\u003ca href=\"https://atlantaemergingmarkets.org/\"\u003eAtlanta Emerging Markets, Inc.\u003c/a\u003e (AEMI) has awarded $15 million in New Markets Tax Credit (NMTC) allocation to the Salvation Army\u0026rsquo;s HOPE with Dignity campaign. This award is in addition to a $2 million Westside Tax Allocation District (TAD) Ascension Fund Grant previously approved by the Invest Atlanta Board.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe AEMI NMTC transaction will support the construction of a five-story, 53,000-square-foot addition to expand the Salvation Army\u0026rsquo;s Red Shield Shelter on Marietta Street. The building will include an emergency shelter with 230 beds, along with a dedicated Education and Workforce Development Center, medical exam rooms, laundry facilities and common areas.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe NMTC-financed project is the first phase of a broader campus redevelopment that will include extensive renovations to the existing 46,000-square-foot homeless shelter to improve sleeping areas, case management and kitchen/dining space.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project will allow the Salvation Army to provide shelter to more than 2,000 men, women and children experiencing homelessness annually and will create emergency shelter space with 230 beds across four floors.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Salvation Army\u0026rsquo;s Red Shield Services Emergency and Transitional Housing Facility is one of the largest shelters for individuals experiencing homelessness in Atlanta, delivering emergency assistance, residential treatment\u0026nbsp;and rehousing programs. Red Shield received a Gold Certification for its programs, making it the highest-rated Salvation Army shelter in the Southern Territory.\u003c/p\u003e\r\n\r\n\u003cp\u003eFounded in 1890, the Salvation Army of Metro Atlanta is a financially independent chapter with 17 locations across a 13-county footprint in Northeast Georgia. The organization provides a range of programming focused on homelessness services, youth enrichment and anti-trafficking programs.\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":516,"title":"March: Affordable Housing Roundup","promo_title":"March: Affordable Housing Roundup","published_date":"2024-03-27","featured_image":{"id":2613,"parent_id":5,"resource_file_name":"grande3.jpg","resource_content_type":"image/jpeg","resource_file_size":185476,"resource_updated_at":"2024-03-27T13:23:13.694-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2024-03-27T13:23:14.351-04:00","updated_at":"2024-04-02T13:55:02.802-04:00","filename_hash":"grande3_lPxwYJX.jpg","width":1076,"height":737},"filename":"march-affordable-housing-roundup","meta_data_id":null,"published":true,"token":"d2dGUQ","created_at":"2024-03-27T13:24:13.394-04:00","updated_at":"2024-04-02T13:55:02.768-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Housing affordability in Atlanta remains a top priority, and Invest Atlanta is committed to working alongside Mayor Andre Dickens to create and preserve 20,000 affordable housing units by 2030. Developments continue to fill the pipeline, moving us ever closer to our goal.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2024","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eHousing affordability in Atlanta remains a top priority, and Invest Atlanta is committed to working alongside Mayor Andre Dickens to create and preserve 20,000 affordable housing units by 2030. Developments continue to fill the pipeline, moving us ever closer to our goal. Below are the latest projects for development.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eTrinity Towers\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eLocated in the Perkerson neighborhood, Trinity Towers is a senior housing development originally constructed in 1975 and renovated in 2005 using Low-Income Housing Tax Credits. The Invest Atlanta Board approved $24.5 million in tax-exempt bonds for the building\u0026rsquo;s acquisition and restoration, which will preserve 239 restricted affordable units serving 60% of the area median income (AMI) and below. The renovation will include all common areas and residential units.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eSweet Auburn Grande\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe historic Sweet Auburn neighborhood will soon have a newly constructed multifamily housing development featuring 109 units \u0026ndash; 92 of which will be affordable at 30%-80% AMI. The original structure that is currently on the site was built in 1908 and once housed the Atlanta State Savings Bank, the first Black-owned bank in Atlanta and Georgia\u0026rsquo;s first state-chartered Black bank. Using $3 million in financing from the 2023 Housing Opportunity Bond, the developer will preserve this historic structure as part of the development. Sweet Auburn Grande will also include 8,700 square feet of ground-floor retail and a structured parking deck for the development and the planned future redevelopment of the nearby historic YMCA.\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":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":509,"title":"Key Milestone Reached for 2 Peachtree Street Redevelopment ","promo_title":"Key Milestone Reached for 2 Peachtree Street Redevelopment ","published_date":"2024-01-26","featured_image":{"id":2541,"parent_id":140,"resource_file_name":"2_peachtree_rendering_2.png","resource_content_type":"image/png","resource_file_size":637535,"resource_updated_at":"2024-01-18T13:42:19.841-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2024-01-18T13:42:20.327-05:00","updated_at":"2024-01-30T15:10:51.992-05:00","filename_hash":"2_peachtree_rendering_2_P1nyMXK.png","width":977,"height":554},"filename":"key-milestone-reached-for-2-peachtree-street-redevelopment","meta_data_id":null,"published":true,"token":"Zc0BFA","created_at":"2024-01-30T15:09:47.648-05:00","updated_at":"2024-01-30T15:10:51.965-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board approved Two Peachtree Partners, LLC as the developers for the large-scale redevelopment of 2 Peachtree Street. With this approval, the firm will begin negotiating the terms of the project \u0026ndash; a key milestone in what will become an innovative residential and mixed-use development downtown.\u0026nbsp;\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2024","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cdiv\u003e\r\n\u003cp paraeid=\"{d8ff9719-1dd8-4582-8fb8-3b6488fd6abe}{74}\" paraid=\"1722624093\"\u003eThe Invest Atlanta Board approved Two Peachtree Partners, LLC as the developers for the large-scale redevelopment of 2 Peachtree Street. With this approval, the firm will begin negotiating the terms of the project \u0026ndash; a key milestone in what will become an innovative residential and mixed-use development downtown.\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{d8ff9719-1dd8-4582-8fb8-3b6488fd6abe}{74}\" paraid=\"1722624093\"\u003eInvest Atlanta conducted a six-month competitive request for proposals process that evaluated respondents based on their ability to achieve the City\u0026#39;s vision for the building, prioritizing development proposals that considered LEED and WELL-certified standards with more affordable units that integrate all income levels throughout the property in a cohesive way. Proposals that demonstrated an ability to provide opportunities for local female and minority businesses were also prioritized.\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{d8ff9719-1dd8-4582-8fb8-3b6488fd6abe}{74}\" paraid=\"1722624093\"\u003e\u0026ldquo;Identifying Two Peachtree Partners, LLC as the developer is a major milestone in this project,\u0026rdquo; says Atlanta Mayor Andre Dickens. \u0026ldquo;The transformation of 2 Peachtree Street is potentially our most ambitious affordable housing undertaking, providing connectivity between housing units and transit while breathing new life into Downtown Atlanta.\u0026quot;\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{d8ff9719-1dd8-4582-8fb8-3b6488fd6abe}{74}\" paraid=\"1722624093\"\u003e2 Peachtree Street is an 890,000-square-foot, 44-story office tower adjacent to Woodruff Park and the Five Points MARTA station. The conversion is expected to create at least 200 new housing units and further Downtown\u0026#39;s redevelopment along with other catalytic development projects such as Centennial Yards and the Stitch.\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{d8ff9719-1dd8-4582-8fb8-3b6488fd6abe}{74}\" paraid=\"1722624093\"\u003eAccording to Dr. Eloisa Klementich, president and CEO of Invest Atlanta, 2 Peachtree was acquired two years ago with a vision to bring more residents and businesses to Downtown Atlanta. \u0026quot;What captivates me the most with the project is the commitment to equitable downtown revitalization, the promise of more affordable housing and the exciting potential for mixed-use spaces that will further the vibrancy of the area,\u0026rdquo; says Klementich. \u0026ldquo;2 Peachtree is poised to become a model of what transformative development can create for cities and their communities.\u0026quot;\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 Downtown\n\u003c/span\u003e\n"},{"id":505,"title":"C-PACE Applications Are Now Open","promo_title":"C-PACE Applications Are Now Open","published_date":"2023-11-29","featured_image":{"id":2422,"parent_id":7,"resource_file_name":"pace.png","resource_content_type":"image/png","resource_file_size":2749523,"resource_updated_at":"2023-07-10T11:03:15.588-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2023-07-10T11:03:17.013-04:00","updated_at":"2023-11-29T11:01:38.759-05:00","filename_hash":"pace_QzzvQ7o.png","width":1800,"height":1000},"filename":"c-pace-applications-are-now-open","meta_data_id":null,"published":true,"token":"U6V8JQ","created_at":"2023-11-29T10:58:23.785-05:00","updated_at":"2023-11-29T11:01:38.735-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta is excited to announce the successful relaunch of its Commercial Property Assessed Clean Energy (C-PACE) program, an innovative financing solution that empowers commercial property owners located within city of Atlanta limits to make energy-efficient and sustainable improvements to their properties.\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{68}\" paraid=\"745236505\"\u003eInvest Atlanta is excited to announce the successful relaunch of its Commercial Property Assessed Clean Energy (C-PACE) program, an innovative financing solution that empowers commercial property owners located within city of Atlanta limits to make energy-efficient and sustainable improvements to their properties. The relaunched C-PACE program utilizes an open-market structure, allowing property owners to leverage their existing financing relationships or seek financing from a variety of lenders.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{100}\" paraid=\"1614001570\"\u003eThe program provides long-term, low-interest financing for a wide range of energy-saving and sustainability-enhancing projects, including:\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{112}\" paraid=\"1654397034\"\u003eHVAC system upgrades\u003c/li\u003e\r\n\t\u003cli paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{112}\" paraid=\"1654397034\"\u003eSolar panel installations\u003c/li\u003e\r\n\t\u003cli paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{112}\" paraid=\"1654397034\"\u003eWater conservation measures\u003c/li\u003e\r\n\t\u003cli paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{112}\" paraid=\"1654397034\"\u003eLighting retrofits\u003c/li\u003e\r\n\t\u003cli paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{112}\" paraid=\"1654397034\"\u003eBuilding envelope improvements\u003c/li\u003e\r\n\t\u003cli paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{112}\" paraid=\"1654397034\"\u003eAnd more!\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{154}\" paraid=\"1141578387\"\u003eUnlike traditional financing options, C-PACE financing is secured by a special assessment on the property tax bill, ensuring repayment without impacting a property owner\u0026#39;s cash flow. C-PACE financing offers a multitude of benefits for Atlanta\u0026rsquo;s commercial property owners, including:\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{170}\" paraid=\"2057899007\"\u003eUp to 30-year fixed rate loan terms\u003c/li\u003e\r\n\t\u003cli paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{170}\" paraid=\"2057899007\"\u003eAccessible capital for start-up, minority and boutique developers\u003c/li\u003e\r\n\t\u003cli paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{170}\" paraid=\"2057899007\"\u003eRates can be up to 50% less than mezzanine debt\u003c/li\u003e\r\n\t\u003cli paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{170}\" paraid=\"2057899007\"\u003eOne payment per year through property tax bill\u003c/li\u003e\r\n\t\u003cli paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{170}\" paraid=\"2057899007\"\u003eObligation will be transferred upon sale of property to new owner\u003c/li\u003e\r\n\t\u003cli paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{170}\" paraid=\"2057899007\"\u003e100% financing available upfront for eligible improvements\u003c/li\u003e\r\n\t\u003cli paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{170}\" paraid=\"2057899007\"\u003eReduced energy costs and increased property value\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{219}\" paraid=\"1103280435\"\u003eVisit www.investatlanta.com/pace to explore the program guidelines and submit your application today!\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{67e534ef-d366-46d3-bf8c-722461d3ceb8}{231}\" paraid=\"133152181\"\u003eIf you are a C-PACE capital provider and would like to register with Invest Atlanta\u0026rsquo;s C-PACE program, please reach out to Melody Echols \u003ca href=\"mailto:mechols@investatlanta.com\" rel=\"noreferrer noopener\" target=\"_blank\"\u003emechols@investatlanta.com\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":496,"title":"Invest Atlanta-Supported Projects Recognized with Two ULI Awards","promo_title":"Invest Atlanta-Supported Projects Recognized with Two ULI Awards","published_date":"2023-09-28","featured_image":{"id":2511,"parent_id":158,"resource_file_name":"uli_awards.jpg","resource_content_type":"image/jpeg","resource_file_size":309568,"resource_updated_at":"2023-09-28T10:29:09.858-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2023-09-28T10:29:10.604-04:00","updated_at":"2023-09-28T10:30:23.140-04:00","filename_hash":"uli_awards_lPbq3ze.jpg","width":1280,"height":960},"filename":"invest-atlanta-supported-projects-recognized-with-two-uli-awards","meta_data_id":null,"published":true,"token":"DBgqgw","created_at":"2023-09-28T10:30:22.995-04:00","updated_at":"2023-09-28T10:30:22.995-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Two Invest Atlanta-supported projects were honored at the Urban Land Institute (ULI) Atlanta 27th Awards of Excellence ceremony: \u003cstrong\u003eTrees Atlanta\u0026rsquo;s Kendeda TreeHouse\u003c/strong\u003e for Excellence of Mission Advancement and \u003cstrong\u003eMarchon\u003c/strong\u003e in the Multifamily Residential Development category.\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eTwo Invest Atlanta-supported projects were honored at the Urban Land Institute (ULI) Atlanta 27th Awards of Excellence ceremony: \u003cstrong\u003eTrees Atlanta\u0026rsquo;s Kendeda TreeHouse\u003c/strong\u003e for Excellence of Mission Advancement and \u003cstrong\u003eMarchon\u003c/strong\u003e in the Multifamily Residential Development category.\u003c/p\u003e\r\n\r\n\u003cp\u003eULI recognizes outstanding real estate development projects, related programs and visionaries in urban development. Its awards programs are highly selective and spotlight a wide range of project types, sizes and initiatives, including everything from housing, commercial and mixed-use developments to new communities, open spaces and policy initiatives.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eKendeda TreeHouse\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eLocated in Southwest Atlanta, the Kendeda TreeHouse was built on what was once an industrial brownfield lot in Oakland City and serves as Trees Atlanta\u0026rsquo;s home office. The location was chosen to provide the historically underinvested community with greater access to education programming and green job opportunities. The 23,000-square-foot-building on Warner Street sits on 2.9 acres of land surrounded by native plants and more than 200 trees.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe TreeHouse features multiple sustainability efforts, including maximizing previous land cover, reusing lumber, implementing efficient day-lighting, and more. In addition, the building is designed for the future installation of solar panels.\u003c/p\u003e\r\n\r\n\u003cp\u003eTrees Atlanta is a nonprofit founded in 1985 to protect and improve Atlanta\u0026#39;s urban forest through plantings, conservation and education. It worked in partnership with Invest Atlanta, the City of Atlanta and Atlanta Emerging Markets, Inc. to finance the Kendeda TreeHouse, receiving $150,000 from the Brownfield Revolving Loan fund, as well as $13 million in New Market Tax Credits.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMarchon\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eMarchon is a four-story multifamily development featuring 305 residential units, approximately 33% of which are available for workforce housing at 80% area median income (AMI).\u003c/p\u003e\r\n\r\n\u003cp\u003eBuilt on what was once an underutilized brownfield used as a parking lot for the King Memorial MARTA station, Marchon is now a vibrant transit-oriented, community-centered apartment complex that also includes retail space and outdoor amenities.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe development was funded through a partnership with Invest Atlanta and MARTA, with MARTA lowering the land cost through a ground lease and supporting 50% of the brownfield environmental remediation while Invest Atlanta provided $6 million in tax allocation district (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 \n\u003c/span\u003e\n"},{"id":497,"title":"Expanding Hope ","promo_title":"Expanding Hope ","published_date":"2023-09-28","featured_image":{"id":2512,"parent_id":158,"resource_file_name":"sa4.jpg","resource_content_type":"image/jpeg","resource_file_size":487076,"resource_updated_at":"2023-09-28T10:33:46.983-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2023-09-28T10:33:47.126-04:00","updated_at":"2024-05-30T13:33:55.043-04:00","filename_hash":"sa4_pz3qN1p.jpg","width":2200,"height":1221},"filename":"expanding-hope","meta_data_id":null,"published":true,"token":"H48wTA","created_at":"2023-09-28T10:34:07.714-04:00","updated_at":"2023-09-28T10:34:07.714-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Salvation Army will now have more resources to address the urgent needs of the city\u0026rsquo;s most vulnerable population with help from a $2 million Westside Tax Allocation District (TAD) Ascension Fund Grant approved by the Invest Atlanta Board.\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Salvation Army will now have more resources to address the urgent needs of the city\u0026rsquo;s most vulnerable population with help from a $2 million Westside Tax Allocation District (TAD) Ascension Fund Grant approved by the Invest Atlanta Board.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Salvation Army\u0026rsquo;s capital campaign \u0026ndash; HOPE with Dignity \u0026ndash; is raising funds to transform the organization\u0026rsquo;s current homeless shelter facility (Red Shield Services) into a new, expanded Center of Hope campus. Funding from the TAD grant will help double the size of the current 45,875 square-foot facility and house the Salvation Army\u0026rsquo;s emergency and transitional living shelter facility, increasing its number of beds from 321 to 437. New units will consist of two floors of individualized living spaces and two floors of dormitory beds for male residents.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project will also house an Education \u0026amp; Workforce Development Center that offers vital services to residents, including housing solutions, emergency assistance programs and other specialized programs that support veteran services, substance recovery, re-entry services and financial education. The center features six classrooms, a computer lab, as well as several informal collaboration and study areas. Construction of the new, expanded Center of Hope campus is expected to start in early 2024.\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":495,"title":"Atlanta Clean Energy Program Launches with an Open Market Funding Structure","promo_title":"Atlanta Clean Energy Program Launches with an Open Market Funding Structure","published_date":"2023-09-28","featured_image":{"id":2422,"parent_id":7,"resource_file_name":"pace.png","resource_content_type":"image/png","resource_file_size":2749523,"resource_updated_at":"2023-07-10T11:03:15.588-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2023-07-10T11:03:17.013-04:00","updated_at":"2023-11-29T11:01:38.759-05:00","filename_hash":"pace_QzzvQ7o.png","width":1800,"height":1000},"filename":"atlanta-clean-energy-program-launches-with-an-open-market-funding-structure","meta_data_id":null,"published":true,"token":"NjfV2Q","created_at":"2023-09-28T10:20:00.136-04:00","updated_at":"2023-09-28T11:54:42.998-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta has launched its Atlanta C-PACE program in an open market structure, providing property owners interested in C-PACE the flexibility to use their own private financing sources as opposed to the exclusive financing program offered previously.\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta has launched its Atlanta C-PACE program in an open market structure, providing property owners interested in C-PACE the flexibility to use their own private financing sources as opposed to the exclusive financing program offered previously.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe new program direction will maintain the existing benefits of the C-PACE structure, including attractive up-front capital to property owners and repayment schedules of up to 30 years, while creating a more streamlined process of approving financing.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;As the world community grapples with the global climate crisis, our Administration continues to explore new ways to incentivize responsible environmental stewardship\u0026mdash;for residents and the business community,\u0026rdquo; said Atlanta Mayor Andre Dickens. \u0026ldquo;The C-PACE program is essentially a call to action for commercial property owners to join us in creating a more sustainable and resilient Atlanta.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eC-PACE is a version of PACE applicable to only commercial properties and is distinctive from R-PACE, which applies to only residential properties. C-PACE provides commercial property owners and developers low-cost, long-term financing paid back through an annual assessment on the organization\u0026#39;s property tax bill. C-PACE financing is utilized for eligible energy efficiency improvements including, but not limited to, solar, water conservation, HVAC, and other clean energy improvements.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Atlanta C-PACE program officially launched in April 2022, and in its first 18 months, four projects were approved totaling more than $16 million in financing, including Pullman Yards and the historic Flatiron and Grant buildings.\u003c/p\u003e\r\n\r\n\u003cp\u003eThere is a robust pipeline of new construction and redevelopment projects, including community centers, multifamily housing, historic buildings and schools, which will further the City\u0026#39;s clean energy goal of reducing greenhouse gas emissions by 40% by 2030 and reaching 100% clean energy by 2035.\u003c/p\u003e\r\n\r\n\u003cp\u003eWhat\u0026rsquo;s more, the expansion of C-PACE financing will facilitate the creation and preservation of affordable housing, the reduction of household energy burdens for low-income renters, job creation for minority contractors and a positive cash flow for the organization that can be used for development.\u003c/p\u003e\r\n\r\n\u003cp\u003eLearn more about the C-PACE program, eligibility and requirements \u003ca href=\"http://www.investatlanta.com/pace\"\u003ehere\u003c/a\u003e.\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\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":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":486,"title":"Sizable Investments in Affordable Housing Continue","promo_title":"Sizable Investments in Affordable Housing Continue","published_date":"2023-07-31","featured_image":{"id":2443,"parent_id":151,"resource_file_name":"bw4.jpg","resource_content_type":"image/jpeg","resource_file_size":198184,"resource_updated_at":"2023-07-31T10:00:11.862-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2023-07-31T10:00:11.906-04:00","updated_at":"2023-07-31T10:00:25.118-04:00","filename_hash":"bw4_k3gNYa6.jpg","width":1120,"height":1080},"filename":"sizable-investments-in-affordable-housing-continue","meta_data_id":null,"published":true,"token":"ctsdgQ","created_at":"2023-07-31T10:00:25.090-04:00","updated_at":"2023-07-31T10:00:25.090-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board has approved more than $57 million in funding for several affordable housing developments throughout Atlanta. These investments will continue to move the city closer to its goal to build and preserve 20,000 units of affordable housing by 2026.\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board has approved more than $57 million in funding for several affordable housing developments throughout Atlanta. These investments will continue to move the city closer to its goal to build and preserve 20,000 units of affordable housing by 2026.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eBrentwood Commons\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eA $25 million tax-exempt loan, along with an additional $1.5 million Housing Opportunity Bond Fund loan, will finance the new construction of 112 multifamily housing units. Located in the Campbellton Road neighborhood, Brentwood Commons will feature workforce and affordable housing, including 36 units at 50% area median income (AMI), 52 units at 60% AMI, 18 units at 80% AMI and six units at market rate.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eVillages at Carver\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eA $27.2 million tax-exempt loan will finance the acquisition and rehabilitation of 220 multifamily housing units in the Villages at Carver neighborhood in South Atlanta. More than half of the units will be made affordable, including 110 units at 50% AMI and 44 units at 60% AMI.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eThe Simpson\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eAn approved $4 million from the 2023 Housing Opportunity Bond Fund will finance the new construction of 136 multifamily housing in the Vine City community. Located on Joseph E. Boone Boulevard, The Simpson will feature 39 units at 30% AMI, 58 units at 60% AMI and 42 units at 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 \n\u003c/span\u003e\n"},{"id":484,"title":"A Renovated Home for Georgia Works","promo_title":"A Renovated Home for Georgia Works","published_date":"2023-07-31","featured_image":{"id":2441,"parent_id":151,"resource_file_name":"gw3.jpg","resource_content_type":"image/jpeg","resource_file_size":87708,"resource_updated_at":"2023-07-31T09:50:15.052-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2023-07-31T09:50:15.709-04:00","updated_at":"2023-07-31T15:51:39.619-04:00","filename_hash":"gw3_zyjLwJl.jpg","width":533,"height":525},"filename":"a-renovated-home-for-georgia-works","meta_data_id":null,"published":true,"token":"izj23A","created_at":"2023-07-31T09:51:05.307-04:00","updated_at":"2023-07-31T15:51:39.575-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The historic Odd Fellows Building will soon be home to Georgia Works, a nonprofit that helps men who are chronically homeless overcome barriers and achieve self-sufficiency. The Invest Atlanta Board approved a $1.25 million grant from the Eastside Tax Allocation District (TAD) Ascension Fund to finance the building\u0026rsquo;s renovation.\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe historic Odd Fellows Building will soon be home to Georgia Works, a nonprofit that helps men who are chronically homeless overcome barriers and achieve self-sufficiency. The Invest Atlanta Board approved a $1.25 million grant from the Eastside Tax Allocation District (TAD) Ascension Fund to finance the building\u0026rsquo;s renovation.\u003c/p\u003e\r\n\r\n\u003cp\u003eGeorgia Works purchased the tower portion of the Odd Fellows Building, located on Auburn Avenue in the Old Fourth Ward, in early 2023 with a grant from the Governor\u0026rsquo;s Office of Planning and Budget. Once renovated, the facility will house all Georgia Works operations under one roof\u0026mdash;providing expanded capacity for program participants, low-cost housing for program graduates and office space for the organization.\u003c/p\u003e\r\n\r\n\u003cp\u003eAlso included as part of the project is the renovation of four retail spaces on the ground floor. These spaces will be leased to local businesses at below-market rates to foster entrepreneurial opportunities and reactivate a historically disinvested part of the Sweet Auburn corridor.\u003c/p\u003e\r\n\r\n\u003cp\u003eGeorgia Works is currently based at the Gateway Center where program participants live in converted jail facilities. In the refurbished Odd Fellows Building, Georgia Works will increase the number of men it serves\u0026mdash;housing up to 164 men at any one time, including 40 spaces for men participating in the Georgia Works program, as well as transitional housing for up to 124 program graduates in 60, two- and three-bed shared units.\u003c/p\u003e\r\n\r\n\u003cp\u003eGeorgia Works provides participants with room and board for up to one year for a nominal fee while they participate in transitional work (earning $7.40 per hour for 30+ hours per week). The program also includes case management, workforce training, wellness classes, GED classes, support in obtaining a driver\u0026rsquo;s license, help setting up a bank account and life skill preparation courses.\u003c/p\u003e\r\n\r\n\u003cp\u003eFollowing completion of the Georgia Works program, graduates receive job placement assistance and have access to low-cost transitional housing through Georgia Works\u0026rsquo; Housing Division, which is a crucial step toward permanent housing and stable employment.\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":485,"title":"Remediation Continues at Pullman Yards","promo_title":"Remediation Continues at Pullman Yards","published_date":"2023-07-31","featured_image":{"id":2442,"parent_id":151,"resource_file_name":"py1.jpg","resource_content_type":"image/jpeg","resource_file_size":129268,"resource_updated_at":"2023-07-31T09:56:30.035-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2023-07-31T09:56:30.078-04:00","updated_at":"2023-07-31T09:57:05.753-04:00","filename_hash":"py1_6XzokO4.jpg","width":1138,"height":586},"filename":"remediation-continues-at-pullman-yards","meta_data_id":null,"published":true,"token":"bOrcJw","created_at":"2023-07-31T09:56:33.417-04:00","updated_at":"2023-07-31T09:57:05.731-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Contamination cleanup efforts will enter a new phase at Pullman Yards with help from a $1.5 million brownfield cleanup loan approved by the Invest Atlanta Board.\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eContamination cleanup efforts will enter a new phase at Pullman Yards with help from a $1.5 million brownfield cleanup loan approved by the Invest Atlanta Board.\u003c/p\u003e\r\n\r\n\u003cp\u003eProperty owner Atomic Entertainment has been remediating and redeveloping the property in phrases since 2021 to create a mixed-used entertainment and arts district. The first phase focused on remediating and redeveloping existing property buildings for commercial uses, including film production, office space and mixed-income residential. Proposed redevelopment for other areas of the property includes wellness facilities, dining and entertainment spaces. The project will also accommodate parking and site amenities to handle various modes of travel.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 27-acre site, located on Rogers Street in the Kirkwood neighborhood, was once an active manufacturing facility in the early 1900s. From the 1920s to the 1950s, Pullman Rail Car Company operated a repair and storage yard at the site. The Pullman company was also one of the largest employers of African American men during segregation: The Pullman Porters. Essentially unused during the late 1980s and early 1990s, the site was acquired by The State of Georgia and remained inactive for 30 years until Atomic Entertainment purchased it in 2017.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe property\u0026rsquo;s redevelopment has been contingent on the cleanup of hazardous substances, pollutants and contaminants, including asbestos-containing material (ACM) and lead-based paint in the site\u0026rsquo;s industrial buildings, as well as lead-contaminated soil.\u003c/p\u003e\r\n\r\n\u003cp\u003eAs part of its phased remediation and redevelopment efforts, Atomic Entertainment has received assistance from the Brownfield Revolving Loan Fund, funded by the U.S. Environmental Protection Agency (EPA), as well as C-PACE Funding\u0026mdash;Better Building Initiative via the U.S. Department of Energy.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe cleanup at Pullman Yards allows for its continued conversion into a community asset. It also aligns with the Brownfield Revolving Loan Fund program goals of encouraging sustainable redevelopment of brownfield sites, protecting human health and the environment, and supporting the retention and attraction of jobs.\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 Kirkwood\n\u003c/span\u003e\n"},{"id":478,"title":"Invest Atlanta Issues RFQ for 2 Peachtree Street Conversion","promo_title":"Invest Atlanta Issues RFQ for 2 Peachtree Street Conversion","published_date":"2023-04-28","featured_image":{"id":2371,"parent_id":142,"resource_file_name":"2_peachtree_downtown_jll-35.jpg","resource_content_type":"image/jpeg","resource_file_size":2949983,"resource_updated_at":"2023-04-27T17:17:12.801-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2023-04-27T17:17:13.180-04:00","updated_at":"2023-05-04T13:37:28.777-04:00","filename_hash":"2_peachtree_downtown_jll-35_Ozl3glP.jpg","width":7008,"height":4670},"filename":"invest-atlanta-issues-rfq-for-2-peachtree-street-conversion","meta_data_id":null,"published":true,"token":"A1uHMw","created_at":"2023-05-04T13:37:28.695-04:00","updated_at":"2023-05-04T13:37:28.695-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta has officially launched the process of converting downtown\u0026rsquo;s 2 Peachtree Street tower and the adjacent 14 Marietta Street building into a vibrant residential/mixed-use development.\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta has officially launched the process of converting downtown\u0026rsquo;s 2 Peachtree Street tower and the adjacent 14 Marietta Street building into a vibrant residential/mixed-use development.\u003c/p\u003e\r\n\r\n\u003cp\u003eWith the issuance of a Request for Qualifications (RFQ), Invest Atlanta seeks to identify an experienced, visionary developer that will lead the buildings\u0026rsquo; transformation and introduce dynamic new life to the city through the adaptive re-use and residential conversion of the historic buildings.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The conversion of 2 Peachtree and 14 Marietta will advance one of my administration\u0026rsquo;s top goals of building and preserving affordable housing by bringing additional mixed-income transit-oriented development to Downtown,\u0026rdquo; says Atlanta Mayor Andre Dickens. \u0026ldquo;Once complete, 2 Peachtree will be a model of urban redevelopment and become the city\u0026rsquo;s tallest residential building.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe City of Atlanta acquired 890,000-square-foot 2 Peachtree Street from the State of Georgia in February 2023. The 44-story tower was built in 1966. 14 Marietta is a seven-story building with 126,000 square feet. Adjacent to the soon-to-be-renovated MARTA Five Points station, both buildings will be entirely vacated by current tenants the State of Georgia and Georgia State University by the end of 2023.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The redevelopment of 2 Peachtree is a landmark opportunity that will continue to propel investment in Downtown Atlanta, one of the city\u0026rsquo;s biggest growth opportunities,\u0026rdquo; says Dr. Eloisa Klementich, president and CEO of Invest Atlanta. \u0026ldquo;We are seeking a development partner who shares our vision of creating a vibrant, mixed-use community in the heart of Downtown with access to transit and job centers for more Atlantans.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta will evaluate responses to the RFQ, and respondents deemed most qualified will be issued a Request for Proposal (RFP), with selection of a developer following at a later date. Invest Atlanta envisions granting a 99-year ground lease to the selected developer whose plans will further the City\u0026rsquo;s efforts to establish Atlanta\u0026rsquo;s downtown as a world-class intown destination.\u003c/p\u003e\r\n\r\n\u003cp\u003eInterested developers are encouraged to bring forward proposals that align with the City\u0026rsquo;s community, financial, social and sustainability goals. Potential developers should consider including a combination of uses, including market-rate residential, affordable housing, student housing, hospitality, short-term residential, office and retail. This includes a target minimum of 200 residential units for residents earning 80% of the area median income or below.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta will prioritize development proposals with more affordable units that blend and integrate all income levels throughout the property in a cohesive fashion. Additionally, Invest Atlanta values diversity, inclusion and hiring local talent. Proposals that demonstrate an ability to provide opportunity for local female and minority businesses will also be prioritized.\u003c/p\u003e\r\n\r\n\u003cp\u003eClick \u003ca href=\"/two-peachtree\"\u003eHERE\u003c/a\u003e to view RFQ information.\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":474,"title":"A Nimble Approach for Housing Affordability","promo_title":"A Nimble Approach for Housing Affordability","published_date":"2023-03-31","featured_image":{"id":2359,"parent_id":145,"resource_file_name":"hob.jpg","resource_content_type":"image/jpeg","resource_file_size":63750,"resource_updated_at":"2023-04-03T16:31:11.746-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2023-04-03T16:31:11.781-04:00","updated_at":"2023-04-03T16:31:52.028-04:00","filename_hash":"hob_pz9vWaV.jpg","width":796,"height":767},"filename":"a-nimble-approach-for-housing-affordability","meta_data_id":null,"published":true,"token":"zQJVFQ","created_at":"2023-04-03T16:31:51.931-04:00","updated_at":"2023-04-03T16:31:51.931-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n In March, the Invest Atlanta Board approved a $6 million Housing Opportunity Bond Fund to acquire land that will be developed into additional affordable housing in the city of Atlanta.\u003cbr /\u003e\r\n\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eIn March, the Invest Atlanta Board approved a $6 million Housing Opportunity Bond Fund to acquire land that will be developed into additional affordable housing in the city of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eMetro Atlanta Land Bank, in coordination with the City of Atlanta and as a member of the Affordable Housing Strike Force, plans to strategically acquire property for the development of multifamily and single-family affordable housing. Developments will be located in the Hollowell corridor, Campbellton corridor, Thomasville and Downtown communities.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe goal is to serve families with the greatest needs, with affordability for rental properties available at 60% area median income (AMI) and below, while homeownership options will be available at 120% AMI and below.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We are moving quickly because there are opportunities in the Campbellton corridor,\u0026rdquo; says Josh Humphries, senior housing policy advisor to Mayor Dickens. \u0026ldquo;The goal is to be nimble. We are positioning this for folks who want to build affordable housing. We don\u0026rsquo;t want to landbank the property forever, we want to help move that land and get housing built on it.\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 \n\u003c/span\u003e\n"},{"id":470,"title":"Invest Atlanta Acquires 2 Peachtree Street","promo_title":"Invest Atlanta Acquires 2 Peachtree Street","published_date":"2023-02-27","featured_image":{"id":2333,"parent_id":142,"resource_file_name":"2_peach_2.jpg","resource_content_type":"image/jpeg","resource_file_size":149698,"resource_updated_at":"2023-02-27T12:28:12.944-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2023-02-27T12:28:13.670-05:00","updated_at":"2023-03-01T09:40:11.541-05:00","filename_hash":"2_peach_2_r9PgalR.jpg","width":1235,"height":915},"filename":"invest-atlanta-acquires-2-peachtree-street","meta_data_id":null,"published":true,"token":"a4N9fA","created_at":"2023-02-27T12:28:38.219-05:00","updated_at":"2023-03-01T09:40:11.496-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board closed on 2 Peachtree Street and will offer the property for redevelopment into a mixed-income, mixed-use site, bringing more affordable housing and economic activity to Downtown Atlanta.\n\u003c/div\u003e\n","project_year":"2023","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board closed on 2 Peachtree Street and will offer the property for redevelopment into a mixed-income, mixed-use site, bringing more affordable housing and economic activity to Downtown Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eAs the City of Atlanta\u0026rsquo;s economic development agency, Invest Atlanta purchased 1 Peachtree, 2 Peachtree and 14 Marietta, collectively known as 2 Peachtree, from the State of Georgia with funding assistance from a $41.5 million Eastside Tax Allocation District (TAD) Special Fund Grant. Invest Atlanta then created a single purpose entity known as IA 2 Peachtree and will hold the property as a real estate asset until a redevelopment partner is selected.\u003c/p\u003e\r\n\r\n\u003cp\u003eAccording to Mayor Andre Dickens, the redevelopment of 2 Peachtree will serve as an anchor for the ongoing revitalization of Downtown Atlanta and bring more long-term affordable housing and mixed-use space that\u0026#39;s accessible to the heart of Atlanta\u0026rsquo;s transit system. \u0026ldquo;Ensuring this development is attainable for a range of incomes and lifestyles will make Downtown the vibrant, connected urban community it was always meant to be,\u0026rdquo; says Dickens. \u0026ldquo;Thank you to the State and Invest Atlanta for their partnership in helping Georgia\u0026rsquo;s capitol city expand its affordable housing inventory.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eBuilt in 1966, 2 Peachtree Street is a 41-story office tower adjacent to Five Points MARTA station. The City\u0026rsquo;s acquisition of the property will create dedicated affordable housing units and ensure the property does not sit vacant during a crucial time in Downtown Atlanta\u0026rsquo;s redevelopment. The conversion is expected to create several hundred new housing units.\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce converted, 2 Peachtree will be the tallest residential building in Atlanta. Aside from residential space, the 1 million-square-foot tower will contain office and retail space, bringing even more economic activity to 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 Downtown\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":466,"title":"Atlanta Receives $45 Million for Community Investment ","promo_title":"Atlanta Receives $45 Million for Community Investment ","published_date":"2022-11-30","featured_image":{"id":2165,"parent_id":5,"resource_file_name":"151a1188.jpg","resource_content_type":"image/jpeg","resource_file_size":3715386,"resource_updated_at":"2022-12-08T14:51:34.740-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-12-08T14:51:35.913-05:00","updated_at":"2022-12-08T14:51:58.733-05:00","filename_hash":"151a1188_j3x214b.jpg","width":5760,"height":3840},"filename":"atlanta-receives-45-million-for-community-investment","meta_data_id":null,"published":true,"token":"pvw5Rw","created_at":"2022-11-30T09:39:54.644-05:00","updated_at":"2022-12-08T14:51:58.631-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta \u0026ndash; through Atlanta Emerging Markets Inc. (AEMI) \u0026ndash; received a $45 million New Markets Tax Credit (NMTC) allocation from the U.S. Department of the Treasury, which will be used for economic development projects that create jobs and revitalize Atlanta neighborhoods.\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta \u0026ndash; through Atlanta Emerging Markets Inc. (AEMI) \u0026ndash; received a $45 million New Markets Tax Credit (NMTC) allocation from the U.S. Department of the Treasury, which will be used for economic development projects that create jobs and revitalize Atlanta neighborhoods.\u003c/p\u003e\r\n\r\n\u003cp\u003eThis is the second consecutive allocation provided to AEMI, bringing a total of $95 million in additional economic development funding to Atlanta within the last two years through the City\u0026rsquo;s NMTC program.\u003c/p\u003e\r\n\r\n\u003cp\u003eCongress established the NMTC program in 2000 to attract investment to areas with low median income and high unemployment. The program takes private equity contributed by investors and turns it into gap financing for redevelopment projects. AEMI is one of only four community development entities in the state of Georgia to receive an award this year.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nAccording to Dr. Eloisa Klementich, president and CEO of Invest Atlanta, AEMI has invested $313 million in 62 projects, creating 3,754 new jobs since 2010. \u0026ldquo;Through the City of Atlanta\u0026rsquo;s New Markets Tax Credit program, AEMI continues to make very meaningful investments in our communities that change not only neighborhoods but also the lives of residents living in them,\u0026rdquo; said Klementich. \u0026ldquo;We look forward to seeing this successful strategy continue with this latest allocation.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAEMI is a U.S. Treasury-certified community development entity created by Invest Atlanta in 2005 that specializes in providing 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 \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":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":457,"title":"Atlanta Continues Affordable Housing Push","promo_title":"Atlanta Continues Affordable Housing Push","published_date":"2022-10-27","featured_image":{"id":2129,"parent_id":133,"resource_file_name":"villages_3.jpg","resource_content_type":"image/jpeg","resource_file_size":123919,"resource_updated_at":"2022-10-27T10:52:15.794-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-10-27T10:52:16.621-04:00","updated_at":"2022-10-27T10:52:26.087-04:00","filename_hash":"villages_3_9moVxg4.jpg","width":906,"height":525},"filename":"atlanta-continues-affordable-housing-push","meta_data_id":null,"published":true,"token":"GjnrMw","created_at":"2022-10-27T10:52:25.931-04:00","updated_at":"2022-10-27T10:52:25.931-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n At its October meeting, the Invest Atlanta Board of Directors approved two new development projects that will add or rehabilitate 308 affordable units within the city of Atlanta.\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt its October meeting, the Invest Atlanta Board of Directors approved two new development projects that will add or rehabilitate 308 affordable units within the city of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eA $19.5 million tax exempt loan was approved to finance the demolition and construction of 88 multifamily housing units in the Old Fourth Ward neighborhood. Adding to one of the southeast region\u0026rsquo;s largest mixed income housing communities, City Lights Boulevard North will reserve all 88 units for households making 60% area median income (AMI).\u003c/p\u003e\r\n\r\n\u003cp\u003eA $2 million Housing Opportunity Bond was approved to finance the acquisition and rehabilitation of 220 multifamily housing units in The Villages at Carver community. Located on Moury Avenue in southeast Atlanta, phase 1 of the development will feature 110 units at 50% AMI, 44 units at 60% AMI and 66 units at 70% AMI.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I love the fact that [The Villages at Carver] includes so many three- and four-bedroom units because there\u0026rsquo;s a huge gap in a lot of the affordable housing projects across the city,\u0026rdquo; says Fred Smith, a member of the Invest Atlanta Board of Directors. \u0026ldquo;Preserving that is instrumental for a lot of our families because to grow your family, you want to live in a community that you\u0026rsquo;re familiar with.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThrough the leadership of Mayor Andre Dickens, Invest Atlanta\u0026rsquo;s Board Chair, Invest Atlanta has financed 1,589 affordable housing units in 2022.\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":458,"title":"Transforming a Brownfield into Affordable Housing","promo_title":"Transforming a Brownfield into Affordable Housing","published_date":"2022-10-27","featured_image":{"id":2130,"parent_id":133,"resource_file_name":"alt.jpg","resource_content_type":"image/jpeg","resource_file_size":56053,"resource_updated_at":"2022-10-27T10:54:27.613-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-10-27T10:54:27.760-04:00","updated_at":"2022-10-27T10:54:31.873-04:00","filename_hash":"alt_YW7V4bm.jpg","width":430,"height":404},"filename":"transforming-a-brownfield-into-affordable-housing","meta_data_id":null,"published":true,"token":"nrthcw","created_at":"2022-10-27T10:54:31.845-04:00","updated_at":"2022-10-27T10:54:31.845-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta\u0026rsquo;s Board approved a $200,000 grant from the Brownfield Revolving Loan Fund to support the Atlanta Land Trust in its efforts to remediate a property in the East Lake community for future development.\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta\u0026rsquo;s Board approved a $200,000 grant from the Brownfield Revolving Loan Fund to support the Atlanta Land Trust in its efforts to remediate a property in the East Lake community for future development.\u003c/p\u003e\r\n\r\n\u003cp\u003eLocated at 697 and 721 Fayetteville Road, the property is currently designated a brownfield, which cannot be reused or redeveloped due to the presence of a hazardous substance, pollutant, or contaminant.\u003c/p\u003e\r\n\r\n\u003cp\u003eWith help from the approved grant, the Atlanta Land Trust will remediate the two-acre property, making it safe to construct 40 affordable for-sale town homes. All 40 units will be held by Atlanta Land Trust to ensure permanent affordability, with half reserved for families making at or below 120% area medium income (AMI) and the other half held for those at 80% AMI.\u003c/p\u003e\r\n\r\n\u003cp\u003eThis property clean-up will allow the conversion of a contaminated site into a future public asset for the community and is part of a larger East Lake Foundation initiative to help individuals build a better life for themselves and future generations through equitable cradle-to-college education, mixed-income housing, and community wellness.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Finding the first money to do some of the hard things like this \u0026ndash; you don\u0026rsquo;t get a bank loan to do remediation \u0026ndash; you\u0026rsquo;re going to have to just do it. So, [getting] $200,000 or $500,000 to clean up a brownfield allows you to go out and get the rest of your loan proceeds,\u0026rdquo; says Atlanta Mayor Andre Dickens. \u0026ldquo;With the revolving loan fund, we can go out and advertise [and say,] \u0026lsquo;Those ugly pieces of property that once was an old drycleaner or gas station or something else that needs to be remediated, tell us about it,\u0026rsquo; and we can supply you with this loan fund.\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 \n\u003c/span\u003e\n"},{"id":450,"title":"Affordable Housing Across Atlanta ","promo_title":"Affordable Housing Across Atlanta ","published_date":"2022-09-21","featured_image":{"id":2054,"parent_id":127,"resource_file_name":"sweet_auburn_6.jpg","resource_content_type":"image/jpeg","resource_file_size":118745,"resource_updated_at":"2022-09-21T11:40:06.296-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2022-09-21T11:40:06.328-04:00","updated_at":"2022-09-21T11:42:18.180-04:00","filename_hash":"sweet_auburn_6_lPj273e.jpg","width":862,"height":458},"filename":"affordable-housing-across-atlanta","meta_data_id":null,"published":true,"token":"6Y6LOA","created_at":"2022-09-21T11:42:17.961-04:00","updated_at":"2022-09-21T11:42:17.961-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Continuing its efforts to create, preserve and rehabilitate affordable housing throughout the city of Atlanta, the Invest Atlanta Board approved a series of grant resolutions from the BeltLine and Eastside Tax Allocation Districts (TADs) that will collectively add 365 more affordable units to the market.\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eContinuing its efforts to create, preserve and rehabilitate affordable housing throughout the city of Atlanta, the Invest Atlanta Board approved a series of grant resolutions from the BeltLine and Eastside Tax Allocation Districts (TADs) that will collectively add 365 more affordable units to the market.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left:.5in;\"\u003e\u003cimg alt=\"\" height=\"347\" src=\"/assets/englewood_2_lPj273e.jpg\" width=\"600\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left:.5in;\"\u003eA $2 million grant from the BeltLine TAD Increment Fund will finance the new construction of 227 multifamily housing units in the Chosewood Park community. Located at 505 Englewood Ave., the \u003cstrong\u003eEnglewood \u003c/strong\u003edevelopment will include 39 units at 30% area median income (AMI), 43 units at 50% AMI, 40 units at 60% AMI and 61 units at 80% AMI. Atlanta Housing HomeFlex vouchers are available, and residents will not payment more than 30% of their income.\u003cimg alt=\"\" height=\"363\" src=\"/assets/residences_2_lPj273e.jpg\" width=\"600\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left:.5in;\"\u003eA $2 million grant from the BeltLine TAD Increment Fund will support the new construction of 106 multifamily housing units in the Chosewood neighborhood. Located on McDonald Drive, the \u003cstrong\u003eResidences at Chosewood Park \u003c/strong\u003ewill replace the current blighted property and feature 19 units available at 50% AMI, 71 units at 60% AMI and 16 units at market rate.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left:.5in;\"\u003e\u003cimg alt=\"\" height=\"346\" src=\"/assets/ralph_4_lPj273e.jpg\" width=\"600\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left:.5in;\"\u003eMotel Atlanta, LLC will soon begin renovating and converting 54 rooms into supportive housing micro units with assistance from a $556,000 BeltLine TAD Increment Fund grant. Located at 277 Moreland Ave., in the Reyonldstown community, the development will be renamed the \u003cstrong\u003eRalph\u003c/strong\u003e \u003cstrong\u003eDavid House Project \u003c/strong\u003eand feature 54 units at 30% AMI.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left:.5in;\"\u003e\u003cimg alt=\"\" height=\"319\" src=\"/assets/sweet_auburn_6_lPj273e.jpg\" width=\"600\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left:.5in;\"\u003eA grant of up to $4 million from the Eastside TAD will help finance the construction of \u003cstrong\u003eSweet Auburn Grande\u003c/strong\u003e, a live-work development with new multifamily housing units and affordable commercial space in the Sweet Auburn neighborhood. The building, which was built in 1908, housed the Atlanta State Savings Bank, the first Black-owned bank in Atlanta and Georgia\u0026rsquo;s first state-chartered Black bank. The developer is preserving the existing structure as part of the larger project, which will include 19 units at 50% AMI, 73 units at 60% AMI and 17 units at market rate.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin-left:.5in;\"\u003e\u0026ldquo;[This project is by a group] Butler Street Community Development Corporation that is going through our technical assistance training, which was designed to help local developers,\u0026rdquo; says Dawn Arnold, executive vice president and chief operating officer of Invest Atlanta. \u0026ldquo;We\u0026rsquo;re happy to see this project is coming to fruition.\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 \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":446,"title":"Housing Affordability in the Westside","promo_title":"Housing Affordability in the Westside","published_date":"2022-07-27","featured_image":{"id":2005,"parent_id":124,"resource_file_name":"220_sunset_3.jpg","resource_content_type":"image/jpeg","resource_file_size":55515,"resource_updated_at":"2022-07-27T13:44:33.931-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-07-27T13:44:34.799-04:00","updated_at":"2022-07-27T13:44:40.479-04:00","filename_hash":"220_sunset_3_VRVZ7ke.jpg","width":542,"height":364},"filename":"housing-affordability-in-the-westside","meta_data_id":null,"published":true,"token":"yN7ofQ","created_at":"2022-07-27T13:44:40.384-04:00","updated_at":"2022-07-27T13:44:40.384-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board has approved $1.115 million in tax allocation district (TAD) grants to fund three small, multifamily residential projects that will increase affordability in the Westside community.\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board has approved $1.115 million in tax allocation district (TAD) grants to fund three small, multifamily residential projects that will increase affordability in the Westside community.\u003c/p\u003e\r\n\r\n\u003cp\u003eA $340,000 Westside TAD Resurgens Fund Grant will assist in the current redevelopment of \u003cstrong\u003e400 Paines Ave.\u003c/strong\u003e in the English Avenue neighborhood. The property will include six one-bedroom units leased at 60% area median income (AMI). Renovations will include ADA enhancements, utility upgrades and updates to the interior and exterior of the property. Other improvements will include reconstruction of curbs, sidewalks, streetscapes, stormwater management and curb cuts.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Westside Future Fund, which is a place-based community organization that utilizes private and philanthropic partnerships to revitalize Westside neighborhoods, received a $325,000 Westside TAD grant to fund a redevelopment project at \u003cstrong\u003e613 Echo St.\u003c/strong\u003e The project will feature seven units of affordable rental housing priced at 50-60% AMI. Plus, assistance from Atlanta Housing Project-Based Rental Assistance Voucher Program ensures tenants will pay no more than 30% of their income on rent.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Westside Future Fund also will receive up to $450,000 in Westside TAD Resurgens Fund Grants to finance the stabilization and historic preservation of \u003cstrong\u003e220 Sunset Ave.\u003c/strong\u003e for affordable multifamily housing. Built in 1950, the property is a historic landmark to Atlanta\u0026rsquo;s Civil Rights Movement and was acquired in 2020 to preserve the structure. The redevelopment will include a complete interior and exterior renovation of the four original apartments and construction of an additional two-bedroom, one-bath unit.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I wholeheartedly support this,\u0026rdquo; says Atlanta Mayor Andre Dickens. \u0026ldquo;These are not only affordable houses\u0026ndash;seven at a time, six at a time, 10 at a time\u0026ndash;that all add up. This is also neighborhood revitalization\u0026hellip;when you start fixing them up and placing residents in them at affordable rates\u0026hellip;it has a huge amount of impact.\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":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":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":443,"title":"Affordability at Arden Avenue","promo_title":"Affordability at Arden Avenue","published_date":"2022-05-26","featured_image":{"id":1942,"parent_id":115,"resource_file_name":"1055_arden_2.jpg","resource_content_type":"image/jpeg","resource_file_size":86605,"resource_updated_at":"2022-05-26T15:14:14.174-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-05-26T15:14:14.996-04:00","updated_at":"2022-05-26T15:15:17.558-04:00","filename_hash":"1055_arden_2_aWgqLRm.jpg","width":1004,"height":668},"filename":"affordability-at-arden-avenue","meta_data_id":null,"published":true,"token":"KqSA3A","created_at":"2022-05-26T15:15:17.523-04:00","updated_at":"2022-05-26T15:15:17.523-04:00","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\u003eA $2 million loan\u0026nbsp;from the BeltLine Affordable Housing Trust Fund will pave the way for the new construction of 58 multifamily housing units in the Capitol View neighborhood \u0026ndash; 48 of which will be affordable.\u003c/p\u003e\r\n\r\n\u003cp\u003eLocated at 1055 Arden Ave., the development will include 2,000 square feet of commercial space on the ground floor, which could accommodate a restaurant or community grocery store. Affordability will include 28 units at 50% area median income (AMI), 20 units at 60% AMI and 10 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 Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":441,"title":"New Primary Care Facility to Open in the Westside","promo_title":"New Primary Care Facility to Open in the Westside","published_date":"2022-05-26","featured_image":{"id":1939,"parent_id":115,"resource_file_name":"propco.png","resource_content_type":"image/png","resource_file_size":275397,"resource_updated_at":"2022-05-26T09:50:20.902-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-05-26T09:50:21.677-04:00","updated_at":"2022-05-26T12:42:33.135-04:00","filename_hash":"propco_ooraeNr.png","width":489,"height":279},"filename":"new-primary-care-facility-to-open-in-the-westside","meta_data_id":null,"published":true,"token":"N2HVXg","created_at":"2022-05-26T09:50:48.149-04:00","updated_at":"2022-05-26T12:42:33.103-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n A blighted property that has been vacant for more than 20 years will soon be transformed into a full-service healthcare entity serving the Grove Park and greater Westside communities.\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eA blighted property, that has been vacant for more than 20 years, will soon be transformed into a full-service healthcare entity, serving the Grove Park and greater Westside communities.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta closed on a $500,000 Perry Bolton Tax Allocation District (TAD) grant to Ames Properties, LLC.\u0026nbsp; Owner and entertainment attorney, Jonathan Leonard, acquired the 11,000 square-foot commercial property located at 2056 Donald Lee Hollowell Parkway in 2021 with the intent to renovate.\u003c/p\u003e\r\n\r\n\u003cp\u003eNow under development, the property will be leased to a full-service healthcare entity, Primary Care Cohort 2 PropCo, which is an affiliate of Humana, Inc.\u0026nbsp;In addition to the nearly $1.8 million investment, supporting the whitebox construction\u0026nbsp;PropCo will invest capital to complete the buildout of its offices, which are scheduled to open in September 2022. The remaining 2,500 square footage will be available for lease to a compatible business.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This is a much-welcomed amenity to the corridor,\u0026rdquo; says Semira Ajani, assistant director, Westside Initiatives. \u0026ldquo;The project is the first Resurgence\u0026nbsp;Grant to be awarded in the Perry Bolton TAD and represents an outstanding win for the Grove Park neighborhood and the greater Westside.\u0026rdquo;\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":439,"title":"Construction Underway for Two Affordable Housing Developments","promo_title":"Construction Underway for Two Affordable Housing Developments","published_date":"2022-03-29","featured_image":{"id":1887,"parent_id":5,"resource_file_name":"the_trust_at_oakland_city1.jpg","resource_content_type":"image/jpeg","resource_file_size":108258,"resource_updated_at":"2022-03-29T12:07:23.747-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-03-29T12:07:23.789-04:00","updated_at":"2022-03-29T12:08:01.495-04:00","filename_hash":"the_trust_at_oakland_city1_7JLyRoL.jpg","width":1335,"height":498},"filename":"construction-underway-for-two-affordable-housing-developments","meta_data_id":null,"published":true,"token":"XUrAng","created_at":"2022-03-29T12:08:01.438-04:00","updated_at":"2022-03-29T12:08:01.438-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta Mayor Andre Dickens, Invest Atlanta CEO Eloisa Klementich and other city leaders gathered for groundbreaking ceremonies for two affordable housing developments \u0026ndash; Skyline Apartments and The Trust at Oakland City.\u003cbr /\u003e\r\n\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Mayor Andre Dickens, Invest Atlanta CEO Eloisa Klementich and other city leaders gathered for groundbreaking ceremonies for two affordable housing developments \u0026ndash; Skyline Apartments and The Trust at Oakland City.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eSkyline Apartments\u003c/strong\u003e will be located on Hank Aaron Drive in the Peoplestown neighborhood. The project received a $40 million tax exempt loan from Invest Atlanta for the construction of 250 units, which will include 46 studios, 101 one-bedroom apartments and 103 two-bedroom apartments. Skyline will be affordable to people earning 60% or less of the area median income (AMI) \u0026ndash; about $52,000 for a family of four in metro Atlanta \u0026ndash; and will remain affordable for 20 years.\u003c/p\u003e\r\n\r\n\u003cp\u003ePeoplestown is one of the oldest and most culturally rich historically African-American neighborhoods in Atlanta and is in close proximity to Downtown Atlanta. \u0026ldquo;When we enable more people to live in town near Atlanta\u0026rsquo;s job centers, we can reduce the time and expense of commuting and, in turn, increase their economic mobility,\u0026rdquo; said Mayor Dickens during the groundbreaking ceremony. \u0026ldquo;I\u0026rsquo;m extremely proud to be a part of a city and its partners who have stepped up with affordable housing solutions to meet the needs of our residents, retain potential workers and stimulate growth in Atlanta\u0026rsquo;s economy.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eThe Trust at Oakland City\u003c/strong\u003e received $1.48 million from the Beltline Tax Allocation District (TAD) Increment for the new construction of 21 affordable, for-sale townhomes. Located on Donnelly Avenue in Oakland City, this development will feature six units at 60% AMI, seven units at 80% AMI, eight units at 100% AMI and 21 units at market rate. All 21 affordable units will remain permanently affordable via the Atlanta Land Trust.\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":438,"title":"Mayor Dickens, Invest Atlanta and Ygrene Announce Completion of Major Green Building Project ","promo_title":"Mayor Dickens, Invest Atlanta and Ygrene Announce Completion of Major Green Building Project ","published_date":"2022-03-22","featured_image":{"id":1886,"parent_id":5,"resource_file_name":"20220322-ygrene-investatlanta_laurenlizphoto-3015_-1-.jpg","resource_content_type":"image/jpeg","resource_file_size":5987289,"resource_updated_at":"2022-03-29T10:40:04.845-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-03-29T10:40:05.369-04:00","updated_at":"2022-04-25T14:28:49.011-04:00","filename_hash":"20220322-ygrene-investatlanta_laurenlizphoto-3015_-1-_r6xExRV.jpg","width":7233,"height":4822},"filename":"mayor-dickens-invest-atlanta-and-ygrene-announce-completion-of-major-green-building-project","meta_data_id":null,"published":true,"token":"nkwohA","created_at":"2022-03-29T10:41:22.189-04:00","updated_at":"2022-04-25T14:28:48.957-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n One of Atlanta\u0026rsquo;s largest green construction projects has been completed at Pullman Yards as part of a partnership between Invest Atlanta and Ygrene, one of the nation\u0026rsquo;s leading property improvement financing providers.\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eOne of Atlanta\u0026rsquo;s largest green construction projects has been completed at Pullman Yards as part of a partnership between Invest Atlanta and Ygrene, one of the nation\u0026rsquo;s leading property improvement financing providers.\u003c/p\u003e\r\n\r\n\u003cp\u003eWorking with Invest Atlanta, Ygrene helped Atomic Entertainment, owner of Pullman Yards, secure $3.8 million in retroactive financing for a new roof and insulation for one of the buildings on the historic property. This financing allowed Atomic Entertainment to recoup its costs for reinvestment in future upgrades, including energy-efficient plumbing, heating and air conditioning, electrical systems, LED lighting, and windows and doors.\u003c/p\u003e\r\n\r\n\u003cp\u003eMaureen Muelen of Atomic Entertainment says the opportunity to retroactively finance nearly $4 million in construction costs has made it possible to reinvest even more in the local community and further develop Pullman Yards as a cultural asset and economic driver for Atlanta. \u0026ldquo;This partnership between Invest Atlanta and Ygrene is a game-changer for commercial property owners like us,\u0026rdquo; said Muelen. \u0026ldquo;It is an incredible opportunity for every business in Atlanta to do their part to help the city meet its climate and energy goals.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAccording to Atlanta Mayor Andre Dickens, in partnership with Invest Atlanta, the City authorized up to $500 million in bonds to finance commercial property improvements through the Ygrene. \u0026ldquo;Five years ago, the City approved the creation of this commercial PACE program that included a public and private partnership agreement with Ygrene Energy Fund,\u0026rdquo; said Dickens. \u0026ldquo;The City\u0026rsquo;s program provides financing for energy-efficiency and renewable energy building improvements \u0026ndash; since the cheapest energy is not wasting energy \u0026ndash; and this program helps move Atlanta forward toward its \u0026lsquo;100% clean energy goals\u0026rsquo; by the year 2035.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThis project, in fact, is a prime example of how public-private partnerships continue to grow and support the Atlanta economy, while also helping the city reach its climate and economic mobility goals\u003cstrong\u003e.\u003c/strong\u003e \u0026ldquo;With the partnership, we have another economic development tool to not only make buildings more efficient but also to increase affordable housing and support small business development while creating good, sustainable jobs in a growing industry,\u0026rdquo; said Dr. Eloisa Klementich, president and CEO of Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThrough the Ygrene program in Atlanta, commercial property owners can access smart capital to finance \u0026ndash; or retroactively finance \u0026ndash; hundreds of energy efficiency, renewable energy and water conservation upgrades, such as solar and battery storage, energy-efficient roofing, windows and doors and more. Ygrene provides flexibility and quick approvals, with up to 95% non-recourse financing and extended terms of up to 20 years.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We are thrilled to partner with the City of Atlanta on this important project and help cement Atlanta as a cultural and economic hub for years to come,\u0026rdquo; said Ygrene CEO Jim Reinhart. \u0026ldquo;Working with our exceptional partners at Invest Atlanta, we will continue to build on this collaboration and help more property owners lighten the financial burden of revitalizing their buildings while making strides toward a cleaner, greener future for Atlanta.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe launch of the Ygrene program is part of a broader push by Atlanta to lead on climate action and was supported by the Bloomberg Philanthropies American Cities Climate Challenge. Atlanta is one of the 25 winning cities in the Climate Challenge, which is helping cities set and surpass ambitious climate goals by ramping up action in the two highest-emitting sectors in cities: transportation and buildings.\u003c/p\u003e\r\n\r\n\u003cp\u003eTo learn more about Atlanta\u0026rsquo;s C-PACE program, visit \u003ca href=\"http://link.mediaoutreach.meltwater.com/ls/click?upn=hwe88iervpEfD8oLRdxVjejo26GUfl3s-2FaNDvjuBCA6keBCQmlJd2RIl1B6BrB2ZJKcA_bSpLi9k3QAq1gZUM1FutbjEIZ2EKTN7Y8pZ0zakRI79vnkyZykxUwLMnNLXx-2B-2Bja2aEiqduz-2FBq1kxIUGpcz0XsbJgdn414rDaeOdfsPWtSvMpoLF6zEYhs3T2dJ2hg5qj9VVmsYHPKwNlWua-2BPDSONdWWa5LC4wqMhPDrJWVsGnx5C3y8L08s4bJmALHR1-2FgxSuX6wdTucAz5TBTJze88sZLOo31b4Y-2BrkwSNe-2BsVKRBIP350Pf5KQmiF5OWwPlbw07KyNyQM4wE9JxZmB0vwM1twk-2FXwAPnB36dVOvk3IXttfIBhkEU9h2vDK13TU-2FlBZt-2Fa53RxZaSeQqMyT43Rjyps4dNRPck920yYLGgZJy0gEeym7DihqDDTiJAW3pTqLhniGge20xIWfkTJVw6Q-3D-3D\"\u003ewww.investatlanta.com/pace\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 \n\u003c/span\u003e\n"},{"id":435,"title":"National Center for Civil and Human Rights Expansion Will Scale Impact","promo_title":"National Center for Civil and Human Rights Expansion Will Scale Impact","published_date":"2021-12-20","featured_image":{"id":1771,"parent_id":86,"resource_file_name":"ncchr_1.jpg","resource_content_type":"image/jpeg","resource_file_size":64416,"resource_updated_at":"2021-12-20T14:53:53.609-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-12-20T14:53:53.642-05:00","updated_at":"2021-12-21T09:27:22.335-05:00","filename_hash":"ncchr_1_OP9Wa9p.jpg","width":902,"height":576},"filename":"national-center-for-civil-and-human-rights-expansion-will-scale-impact","meta_data_id":null,"published":true,"token":"6NgaUQ","created_at":"2021-12-20T15:11:50.524-05:00","updated_at":"2021-12-21T09:27:22.313-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta\u0026rsquo;s board of directors approved a $250,000 grant from the Westside TAD Ascension Fund for the planned 23,898-square-foot expansion of National Center for Civil and Human Rights (NCCHR).\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta\u0026rsquo;s Board of Directors approved a $250,000 grant from the Westside Tax Allocation District Ascension Fund for the planned 23,898-square-foot expansion of National Center for Civil and Human Rights (NCCHR).\u003c/p\u003e\r\n\r\n\u003cp\u003eBuilt in 2014 and operated primarily as a museum, the NCCHR not only houses museum exhibits, including the papers and artifacts of Dr. Martin Luther King Jr.,\u0026nbsp;but also serves as a training, education, conference, and performance facility.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The NCCHR is seeking to expand their local attraction to a national cultural institution that will serve as an education, training, conference and performance hub focused on human dignity, human rights and human justice,\u0026rdquo; said Dr. Eloisa Klementich, president and CEO of Invest Atlanta. \u0026ldquo;This expansion is both a physical and a programmatic expansion. This transformation will help them deliver impact, it will help them reach their mission and it expands on the diversity conversation.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe enlarged footprint and new educational offerings will fundamentally shift the Center\u0026rsquo;s business model going forward \u0026ndash; increase annual admissions from approximately 202,000 to over 250,000; adding new revenue streams from corporate and law enforcement trainings; and increasing its rental income for external events.\u003c/p\u003e\r\n\r\n\u003cp\u003eNCCHR\u0026rsquo;s buildout includes the addition of an east wing to house an Innovation Lab including 5,000 square feet of flexible classrooms for students and teacher training, especially for underserved schools; training facilities for non-profit and corporate Diversity, Equity\u0026nbsp;and Inclusion (DEI) experiences; and human rights training facilities for courses for police officers.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe new facilities will also allow the center to grow its Operation Inspiration Program to provide free and subsidized admission and transportation to up to 35,000 low-income (Title I-qualified) students annually.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We desperately want to build these wings because one of them will be devoted to having the kinds of conversations that bring community together in this space with the papers of Dr. King making progress on issues of equity, and diversity and inclusion like no other space can,\u0026rdquo; said Jill Savitt, president and CEO of the National Center for Civil and Human Rights. \u0026ldquo;We are seeking to be the hub of that in downtown Atlanta so people can come together and hash out these challenges.\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":426,"title":"Fifth Third Announces $20 Million Neighborhood Investment to Accelerate Revitalization in Grove Park","promo_title":"Fifth Third Announces $20 Million Neighborhood Investment to Accelerate Revitalization in Grove Park","published_date":"2021-10-25","featured_image":{"id":1735,"parent_id":5,"resource_file_name":"fbwczlkwyammxue.jpeg","resource_content_type":"image/jpeg","resource_file_size":673692,"resource_updated_at":"2021-10-26T10:54:32.605-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-10-26T10:54:32.874-04:00","updated_at":"2021-10-26T10:55:28.585-04:00","filename_hash":"fbwczlkwyammxue_E6KnE4q.jpeg","width":2064,"height":1376},"filename":"fifth-third-announces-20-million-neighborhood-investment-to-accelerate-revitalization-in-grove-park","meta_data_id":null,"published":true,"token":"w5B0nQ","created_at":"2021-10-26T10:55:28.515-04:00","updated_at":"2021-10-26T10:55:28.515-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Last week, Fifth Third Bank and Enterprise Community Partners announced the launch of a $180 million neighborhood program to accelerate revitalization in nine key majority-Black communities across seven states that have experienced disinvestment \u0026ndash; including Grove Park in Atlanta.\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eLast week, Fifth Third Bank and Enterprise Community Partners announced the launch of a $180 million neighborhood program to accelerate revitalization in nine key majority-Black communities across seven states that have experienced disinvestment \u0026ndash; including Grove Park in Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eFifth Third intends to commit up to $20 million in lending, investments, and philanthropic support, including grants from the Fifth Third Foundation to the Grove Park neighborhood. The investment will include $2 million in grants and $18 million in affordable financing from housing to small business loans.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The gift received by the Grove Park Foundation from Fifth Third Bank is a tremendous investment in the amazing residents of Grove Park and a vote of confidence to all who serve each day in this historic community,\u0026rdquo; said Gavin McKinney, executive director of the Grove Park Foundation. \u0026ldquo;It is a commitment to youth and families that says we believe in you and your dreams, and we want to provide adequate resources and support to make home ownership, starting a business and wealth building a reality.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe bank is collaborating with Enterprise Community Partners, a national nonprofit that exists to make a good home possible for millions of families without one. Together, they managed a criteria-based, invitation-only application process to select nine majority-Black neighborhoods that have seen a sustained period of disinvestment. Enterprise will provide technical assistance to support each neighborhood in developing and implementing a plan tailored to the unique challenges it faces. The national nonprofit will then assist with assessing the plan\u0026rsquo;s effectiveness at improving the economic well-being of residents and small locally owned businesses. Among other solutions, the program will include investments in small businesses, homeownership, and workforce development to create successful outcomes such as increased employment, economic stability, and growth.\u003c/p\u003e\r\n\r\n\u003cp\u003eOver a three-year period, the program will focus on organizations that create cross-sector partnerships to serve the communities within Fifth Third\u0026rsquo;s retail banking footprint.\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":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":409,"title":"Additional Affordable Housing Coming to Southwest Atlanta ","promo_title":"Bridges at Landrum: New Affordable Housing Coming to Southwest Atlanta ","published_date":"2021-06-22","featured_image":{"id":1632,"parent_id":5,"resource_file_name":"landrum.png","resource_content_type":"image/png","resource_file_size":885913,"resource_updated_at":"2021-06-22T20:35:28.913-04:00","caption":"Bridges at Landrum","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2021-06-22T20:35:28.981-04:00","updated_at":"2021-06-23T09:15:12.411-04:00","filename_hash":"landrum_E68kkQq.png","width":1200,"height":628},"filename":"additional-affordable-housing-coming-to-southwest-atlanta","meta_data_id":null,"published":true,"token":"1VHReA","created_at":"2021-06-22T20:36:42.604-04:00","updated_at":"2021-06-23T09:15:12.365-04:00","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 style=\"clear:both;\"\u003e\r\n\u003cp paraeid=\"{9fcb5324-6ddd-44c1-9308-5b5bf5bb8b7f}{24}\" paraid=\"1854046399\"\u003e\u003cspan data-contrast=\"none\" xml:lang=\"EN-US\"\u003eThe Invest Atlanta Board has approved\u0026nbsp;\u003c/span\u003e\u003cspan data-contrast=\"none\" xml:lang=\"EN-US\"\u003ea $26 million tax exempt bond, as well as\u003c/span\u003e\u003cspan data-contrast=\"none\" xml:lang=\"EN-US\"\u003e\u0026nbsp;a $46.22 million lease purchase bond that will provide an estimated $2.089 million incentive for the development of\u0026nbsp;\u003c/span\u003e\u003cspan data-contrast=\"none\" xml:lang=\"EN-US\"\u003ethe\u0026nbsp;\u003c/span\u003e\u003cspan data-contrast=\"none\" xml:lang=\"EN-US\"\u003eBridges at Landru\u003c/span\u003e\u003cspan data-contrast=\"none\" xml:lang=\"EN-US\"\u003em.\u003c/span\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{9fcb5324-6ddd-44c1-9308-5b5bf5bb8b7f}{24}\" paraid=\"1854046399\"\u003e\u003cspan data-contrast=\"none\" xml:lang=\"EN-US\"\u003eLocated in Southwest Atlanta, the development will feature 200\u0026nbsp;newly constructed\u0026nbsp;housing units \u0026ndash; 170 of which will be available at 60% Area Median Income (AMI) or below\u003c/span\u003e\u003cspan data-contrast=\"none\" xml:lang=\"EN-US\"\u003e\u0026nbsp;and 30 at market rate. Amenities will include a c\u003c/span\u003e\u003cspan data-contrast=\"none\" xml:lang=\"EN-US\"\u003eommunity room with fitness center, business center, swimming pool and EnergyStar appliances.\u003c/span\u003e\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 \n\u003c/span\u003e\n"},{"id":408,"title":"Breaking Ground and Increasing Affordability ","promo_title":"Haven at South Atlanta Breaks Ground, London Town Homes Opens","published_date":"2021-06-22","featured_image":{"id":1631,"parent_id":5,"resource_file_name":"haven_groundbreaking.png","resource_content_type":"image/png","resource_file_size":1734694,"resource_updated_at":"2021-06-22T20:29:53.180-04:00","caption":"Haven Homes Groundbreaking","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2021-06-22T20:29:53.719-04:00","updated_at":"2021-06-23T09:12:24.656-04:00","filename_hash":"haven_groundbreaking_r6mRREl.png","width":1200,"height":628},"filename":"breaking-ground-and-increasing-affordability","meta_data_id":null,"published":true,"token":"6vGUWA","created_at":"2021-06-22T20:31:13.986-04:00","updated_at":"2021-06-23T09:12:24.608-04:00","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=\"{ac9e4f87-0a00-4d5a-a24b-46c5b31d9e98}{215}\" paraid=\"1083831168\"\u003eMembers of Invest Atlanta, city officials and partner agencies were all\u0026nbsp;a\u0026nbsp;part of groundbreaking ceremonies for two affordable housing developments \u0026ndash; The Haven at South Atlanta and London Townhomes.\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{ac9e4f87-0a00-4d5a-a24b-46c5b31d9e98}{215}\" paraid=\"1083831168\"\u003eThe Haven at South Atlanta will be an 84-unit, mixed-income community\u0026nbsp;that provides\u0026nbsp;much-needed\u0026nbsp;affordability in close proximity to\u0026nbsp;downtown Atlanta and numerous job centers and amenities. Situated on what was once a vacant lot, The Haven will be a sustainable, energy-efficient community featuring one-, two- and three-bedroom garden apartments\u0026nbsp;with\u0026nbsp;affordable units targeted at 60% and 50% of Area Median Income (AMI).\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{ac9e4f87-0a00-4d5a-a24b-46c5b31d9e98}{215}\" paraid=\"1083831168\"\u003eLondon Townhomes is an existing development in the Ivan Hills neighborhood that is undergoing\u0026nbsp;extensive rehabilitation and preservation. Located on Scott Street and featuring 180 units at 60% AMI, the development will feature a computer center, fitness center, playground equipment, outdoor gathering spaces, new EnergyStar appliances (refrigerator, dishwasher) and washer/dryer hook-ups.\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 Southside\n\u003c/span\u003e\n"},{"id":404,"title":"Bond Resolutions Give Green Light for Three Affordable Housing Developments ","promo_title":"Bond Resolutions Green Light More Affordable Housing ","published_date":"2021-05-25","featured_image":{"id":1597,"parent_id":5,"resource_file_name":"may_i_i_-1-.png","resource_content_type":"image/png","resource_file_size":925306,"resource_updated_at":"2021-05-25T20:47:50.701-04:00","caption":"Lakewood-the-mallory-populus","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2021-05-25T20:47:50.930-04:00","updated_at":"2021-05-25T20:51:20.037-04:00","filename_hash":"may_i_i_-1-_JjL2Vr6.png","width":1066,"height":460},"filename":"bond-resolutions-give-green-light-for-three-affordable-housing-developments","meta_data_id":null,"published":true,"token":"GOs7zQ","created_at":"2021-05-25T20:50:16.679-04:00","updated_at":"2021-05-25T20:51:19.987-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta board\u0026nbsp;has approved $84 million worth of\u0026nbsp;tax-exempt\u0026nbsp;bond financing \u0026ndash; $30 million of which will go toward two affordable housing developments to support Atlanta\u0026rsquo;s senior community and another $54 million for multifamily housing.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta board has approved $84 million worth of\u0026nbsp;tax-exempt\u0026nbsp;bond financing \u0026ndash; $30 million of which will go toward two affordable housing developments to support Atlanta\u0026rsquo;s senior community and another $54 million for multifamily housing.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eLakewood Christian Manor\u0026nbsp;has been offered a $17.5 million tax-exempt loan for the acquisition and rehabilitation of a 250-unit senior housing development. Located on Springdale Road in the\u0026nbsp;Perkerson\u0026nbsp;neighborhood, this development will undergo a complete renovation and feature full amenities. Affordability will include 21 units at 30% area median income (AMI), 154 units at 50% AMI and 75 units at 60% AMI.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eA\u0026nbsp;$12.5 million tax-exempt loan has paved the way for construction of\u0026nbsp;another senior development \u0026ndash;\u0026nbsp;The Mallory\u0026nbsp;\u0026ndash;\u0026nbsp;in the Dixie Hills community. This development will feature 116 units and full amenities. Affordability will include 20 units at 50% AMI, 86 units at 60% AMI and 10 units at 80% AMI.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition, a $54 million lease-purchase bond will bring 286 new housing units to the Monroe Heights neighborhood \u0026ndash; 43 of which will be affordable.\u0026nbsp;The Populus at Westside\u0026nbsp;will feature a garden-style apartment community on what is now a vacant property on Northwest Drive. The development will include eight residential buildings on 349,199 total square feet. Affordability will include 13 units at 60% AMI and 30 units at 80% AMI.\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":403,"title":"TAD Grants to Fund More Affordable Housing ","promo_title":"TAD Grants to Fund More Affordable Housing ","published_date":"2021-05-25","featured_image":{"id":1596,"parent_id":5,"resource_file_name":"may_i_i_-_proctor.png","resource_content_type":"image/png","resource_file_size":10407621,"resource_updated_at":"2021-05-25T20:41:24.797-04:00","caption":"May TAD Grants","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2021-05-25T20:41:25.731-04:00","updated_at":"2021-05-25T20:45:10.490-04:00","filename_hash":"may_i_i_-_proctor_MYpjPEB.png","width":6912,"height":3456},"filename":"tad-grants-to-fund-more-affordable-housing","meta_data_id":null,"published":true,"token":"i6tdDg","created_at":"2021-05-25T20:44:43.824-04:00","updated_at":"2021-05-25T20:45:10.442-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta\u0026nbsp;Board\u0026nbsp;board\u0026nbsp;approved more than $3\u0026nbsp;million in\u0026nbsp;Tax\u0026nbsp;Allocation\u0026nbsp;District (TAD) grants\u0026nbsp;to fund\u0026nbsp;construction\u0026nbsp;of\u0026nbsp;298\u0026nbsp;affordable housing units.\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta board\u0026nbsp;approved more than $3\u0026nbsp;million in\u0026nbsp;Tax\u0026nbsp;Allocation\u0026nbsp;District (TAD) grants\u0026nbsp;to fund the construction\u0026nbsp;of\u0026nbsp;298\u0026nbsp;affordable housing units\u0026nbsp;\u0026ndash; further supporting Mayor Keisha Lance Bottoms\u0026rsquo; efforts to\u0026nbsp;expand housing affordability and\u0026nbsp;drive economic mobility\u0026nbsp;in Atlanta.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eUp to\u0026nbsp;$2 million\u0026nbsp;has been granted from the Westside TAD Ascension Fund\u0026nbsp;to finance a mixed-use development that will include 132 multifamily apartments and six live/work spaces\u0026nbsp;for small businesses. Located on Lindsay Street near the Donald Lee Hollowell and Joseph E. Lowery corridors,\u0026nbsp;The Proctor\u0026nbsp;will be\u0026nbsp;located\u0026nbsp;on what is\u0026nbsp;currently\u0026nbsp;a vacant lot\u0026nbsp;in the English Avenue neighborhood.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe\u0026nbsp;development\u0026nbsp;will include\u0026nbsp;138\u0026nbsp;housing units,\u0026nbsp;10,000 square feet of retail space for local entrepreneurs\u0026nbsp;and is situated near the Bankhead MARTA Station, the Atlanta BeltLine, Downtown and West Midtown employment centers. The six,\u0026nbsp;for-sale units will be available at 120% area median income (AMI), while rental affordability will include 14\u0026nbsp;units\u0026nbsp;at 50% AMI, 18\u0026nbsp;units\u0026nbsp;at 80% AMI and 100\u0026nbsp;units\u0026nbsp;at market rate.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eConstruction\u0026nbsp;also\u0026nbsp;will begin on a new senior housing development in the\u0026nbsp;Chosewood\u0026nbsp;Park community\u0026nbsp;with help\u0026nbsp;from\u0026nbsp;a $1 million grant from the BeltLine TAD. Located at\u0026nbsp;1265 Lakewood Ave., this development will include\u0026nbsp;full amenities and\u0026nbsp;160\u0026nbsp;multifamily\u0026nbsp;housing units, with 48 units\u0026nbsp;available\u0026nbsp;at 50% AMI, 88\u0026nbsp;units\u0026nbsp;at 60% AMI and 24\u0026nbsp;units\u0026nbsp;at 80% AMI.\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 Westside\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":401,"title":"Tax Allocation District Grants to Improve Safety in Atlanta","promo_title":"Tax Allocation District Grants to Improve Safety in Atlanta","published_date":"2021-04-21","featured_image":{"id":1557,"parent_id":5,"resource_file_name":"apf_2021.png","resource_content_type":"image/png","resource_file_size":1029124,"resource_updated_at":"2021-04-21T09:47:55.313-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-04-21T09:47:55.384-04:00","updated_at":"2021-04-21T09:48:10.901-04:00","filename_hash":"apf_2021_qN6ark9.png","width":1066,"height":600},"filename":"tax-allocation-district-grants-to-improve-safety-in-atlanta","meta_data_id":null,"published":true,"token":"A8cIZg","created_at":"2021-04-21T09:48:10.875-04:00","updated_at":"2021-04-21T09:48:10.875-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Atlanta Police Foundation has been granted $2.378 million as part of an effort to increase public safety infrastructure, reduce crime and promote new development through a focus on\u0026nbsp;safety.\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-b5e9f66c-7fff-17e0-1e9f-5fe62c6c0eac\"\u003eThe Atlanta Police Foundation has been granted $2.378 million as part of an effort to increase public safety infrastructure, reduce crime and promote new development through a focus on\u0026nbsp;safety.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-b5e9f66c-7fff-17e0-1e9f-5fe62c6c0eac\"\u003e\u0026ldquo;Having a strong sense of safety and security is a fundamental element of building healthy people and healthy communities,\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-b5e9f66c-7fff-17e0-1e9f-5fe62c6c0eac\"\u003eThe funds, which were approved by the Invest Atlanta Board, will be distributed from seven Tax Allocation Districts (TADs), including the Campbellton Road TAD, Eastside TAD, Hollowell-ML King TAD, Metropolitan TAD, Perry Bolton TAD, Stadium TAD and Westside TAD.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-b5e9f66c-7fff-17e0-1e9f-5fe62c6c0eac\"\u003eThe funding will allow the Atlanta Police Foundation to install security cameras and license plate readers within the boundaries of the seven TADs, which will increase police visibility and feedback to the Operation Shield Video Integration Center, where Atlanta police officers have access to cameras in real-time.\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-b5e9f66c-7fff-17e0-1e9f-5fe62c6c0eac\"\u003eAccording to Dave Wilkinson, president and CEO of the Atlanta Police Foundation, this investment is part of Mayor Bottoms\u0026rsquo; recently announced One Atlanta, One Atlanta Police Department (APD) plan. \u0026ldquo;This is an additional 250 cameras that will be installed throughout the city in what has been identified as priority-one hotspots by the Atlanta Police Department, city council members and community members,\u0026rdquo; said Wilkinson. \u0026ldquo;The impact of these cameras is really something special. They not only provide immediate deterrence through police visibility because the cameras go up with blue lights and signage, they also create immediate situational awareness for the police department when there is an incident or crime that\u0026rsquo;s just taken place, and they create great investigative value for the officers.\u0026rdquo;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-b5e9f66c-7fff-17e0-1e9f-5fe62c6c0eac\"\u003eIn addition, studies indicate that security cameras contribute to a minimum of 20% reduction of crime in hotspots within the first year. The cameras will be installed within 90-100 days. \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":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":396,"title":"Public Partnership Opens Doors for Affordable Housing in Reynoldstown","promo_title":"Public Partnership Opens Doors for Affordable Housing in Reynoldstown","published_date":"2021-03-24","featured_image":{"id":1498,"parent_id":5,"resource_file_name":"screen_shot_2021-03-24_at_3.18.30_pm.png","resource_content_type":"image/png","resource_file_size":2341173,"resource_updated_at":"2021-03-24T15:19:44.063-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-03-24T15:19:44.158-04:00","updated_at":"2021-03-24T15:21:29.614-04:00","filename_hash":"screen_shot_2021-03-24_at_3.18.30_pm_Pg2Yz5V.png","width":1842,"height":1060},"filename":"public-partnership-opens-doors-for-affordable-housing-in-reynoldstown","meta_data_id":null,"published":true,"token":"mFp8gg","created_at":"2021-03-24T15:16:58.975-04:00","updated_at":"2021-03-24T15:21:29.591-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Critical affordable housing is coming to the rapidly developing Reynoldstown community with a $18.5 million bond resolution 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\"\u003eCritical affordable housing is coming to the rapidly developing Reynoldstown community with a $18.5 million bond resolution approved by the Invest Atlanta Board.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003e\u0026ldquo;The project is a great example of partnership between public agencies,\u0026rdquo; said Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at Invest Atlanta. \u0026ldquo;We have land and property owned by Atlanta BeltLine, Atlanta Housing providing the capital structure and Atlanta HomeFlex vouchers to make the units more affordable, as well as Invest Atlanta with the conduit bond financing.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe Madison at Reynoldstown, located on Memorial Drive, will feature 116 multifamily, mixed-income housing units \u0026ndash; 24 of which will be made available at 30% area median income (AMI), 68 at 60% AMI and 24 at 80% AMI. Construction will be complete in 2022, and amenities will include a business center with computer stations, community rooms, fitness center, central laundry facility and access to public transportation.\u003c/span\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 Southside\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":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":387,"title":"Grant Approved for Historic Prince Hall Masonic Lodge Renovation","promo_title":"Grant Approved for Historic Prince Hall Masonic Lodge Renovation","published_date":"2021-02-23","featured_image":{"id":1483,"parent_id":5,"resource_file_name":"screen_shot_2021-02-18_at_9.08.46_am.png","resource_content_type":"image/png","resource_file_size":3527085,"resource_updated_at":"2021-02-23T16:32:18.567-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-02-23T16:32:19.174-05:00","updated_at":"2021-02-23T16:34:21.334-05:00","filename_hash":"screen_shot_2021-02-18_at_9.08.46_am_XJR8EE5.png","width":1790,"height":1218},"filename":"grant-approved-for-historic-prince-hall-masonic-lodge-renovation","meta_data_id":null,"published":true,"token":"_epH3g","created_at":"2021-02-23T16:34:21.300-05:00","updated_at":"2021-02-23T16:34:21.300-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The historic\u0026nbsp;Prince Hall Masonic Lodge building has been granted $1.5 million from the Eastside Tax Allocation District (TAD) Community Empowerment Fund to finance its preservation and create space for small businesses.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\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-27f2054c-7fff-ff4b-e857-da8d00f92cc2\"\u003eThe historic\u003c/span\u003e Prince Hall Masonic Lodge building has been granted $1.5 million from the Eastside Tax Allocation District (TAD) Community Empowerment Fund to finance its preservation and create space for small businesses.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-27f2054c-7fff-ff4b-e857-da8d00f92cc2\"\u003eThe building, located at the corner of Auburn Avenue and Hilliard Street, was built in 1937 as a meeting and community space for the fraternal order. Through the years, it has housed several historical organizations, including Dr. Martin Luther King, Jr.\u0026rsquo;s personal Southern Christian Leadership Conference office, WERD Radio Station and Madame C.J. Walker Beauty School.\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe building will be renovated into approximately 16,000 square feet of multi-use space. Once completed, the basement and first floor will be leased and operated by the National Park Service as an educational and interpretive exhibit of Dr. Martin Luther King Jr.\u0026rsquo;s office, while the second floor and Hilliard Street storefronts will be operated by local businesses. The current owner will continue to maintain a portion of the second floor and all of the third floor for organizational activities.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-27f2054c-7fff-ff4b-e857-da8d00f92cc2\"\u003eAccording to Ashley Jones, assistant director of Commercial Development for Invest Atlanta,\u003c/span\u003e the Prince Hall Masonic Lodge building is situated among a promising cluster of businesses and will preserve Sweet Auburn\u0026#39;s cultural legacy. \u0026ldquo;It really shows the improvement, change and direction of this district,\u0026rdquo; said Jones. \u0026ldquo;Other benefits include a close proximity to the Atlanta Streetcar and bus line, the reactivation of a historic building in this corridor and the ability to provide space to small businesses and nonprofits.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003e\u0026ldquo;I think all great cities respect and preserve their past,\u0026rdquo; said Invest Atlanta Board Member Bill Bozarth. \u0026ldquo;That\u0026rsquo;s what we\u0026rsquo;re doing here, and I think it\u0026rsquo;s commendable for us to be part of any opportunity we have.\u0026rdquo;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eInvest Atlanta Board Member Fred Smith agreed, saying: \u0026ldquo;On a monthly basis, we are investing in Sweet Auburn \u0026ndash; a site that is critical to our collective memory and also our imagination when it comes to our basic identity as a city.\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 Sweet Auburn\n\u003c/span\u003e\n"},{"id":388,"title":"BE on Edgewood","promo_title":"BE on Edgewood","published_date":"2021-02-23","featured_image":{"id":1484,"parent_id":5,"resource_file_name":"screen_shot_2021-02-19_at_3.50.33_pm.png","resource_content_type":"image/png","resource_file_size":1017968,"resource_updated_at":"2021-02-23T16:41:47.025-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-02-23T16:41:47.176-05:00","updated_at":"2021-03-03T15:06:16.680-05:00","filename_hash":"screen_shot_2021-02-19_at_3.50.33_pm_jpewajY.png","width":2390,"height":1202},"filename":"be-on-edgewood","meta_data_id":null,"published":true,"token":"0LsTqQ","created_at":"2021-02-23T16:42:44.574-05:00","updated_at":"2021-03-03T15:06:16.618-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Edgewood and Sweet Auburn community will soon have a fully redeveloped community space that will house tenants like the National Center for Race Amity and a children\u0026rsquo;s theatre group.\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003eThe Edgewood and Sweet Auburn community will soon have a fully redeveloped community space that will house tenants like the National Center for Race Amity and a children\u0026rsquo;s theatre group.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-187f3ecb-7fff-0170-bf54-fb64492ec2dd\"\u003eThe Invest Atlanta Board approved a $1.45 million grant from the Eastside Tax Allocation District (TAD) Community Empowerment Fund to finance the redevelopment of approximately 8,091 square feet of office and community space for local businesses and nonprofits.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eAccording to Ashley Jones, assistant director of Commercial Development for Invest Atlanta,\u003c/span\u003e the building is in close proximity to the Atlanta Streetcar and will contribute to the revitalization of the Historic Sweet Auburn District. \u0026ldquo;It currently is an under-utilized space in\u0026nbsp;desperate need of repairs\u0026nbsp;that will be put back to good use,\u0026rdquo; said Jones. \u0026ldquo;The interior is in a raw form and will go through a complete gut and redevelopment.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-187f3ecb-7fff-0170-bf54-fb64492ec2dd\"\u003eThe building was constructed in 1941. When complete, it will contain 6,243 square feet of office space and 1,848 square feet of flexible community space. The primary focus of the project is to support community-oriented nonprofits and the surrounding neighborhood with quality, affordable space.\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eApproximately 2,500 square feet will be leased to the anchor tenant \u0026ndash; the National Center for Race Amity\u0026rsquo;s Atlanta office \u0026ndash; while the remaining office space will offer a collaborative environment for local businesses and nonprofits. The community space will be rented and leased for gatherings, readings, plays, a music venue, markets, speaker series and performances.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-187f3ecb-7fff-0170-bf54-fb64492ec2dd\"\u003eThe owner has committed to below-market rent for the 2,500-square-foot anchor tenant space, as well as 20% of additional leasable space to local nonprofits and small businesses at 20% below market value for 15 years.\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, this project continues the Edgewood Avenue corridor\u0026rsquo;s ongoing revitalization. \u0026ldquo;We are very excited about this development because it involves the historic renovation of an existing property, and we\u0026rsquo;re even more excited about its purpose,\u0026rdquo; said Ferguson. \u0026ldquo;It\u0026rsquo;s galvanizing this area and reinforcing its importance as a cultural center for racial equity and healing throughout the world.\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 Sweet Auburn\n\u003c/span\u003e\n"},{"id":389,"title":"Integrity Transformations CDC Receives Funding for Renovations","promo_title":"Integrity Transformations CDC Receives Funding for Renovations","published_date":"2021-02-23","featured_image":{"id":1485,"parent_id":5,"resource_file_name":"screen_shot_2021-02-19_at_3.30.55_pm.png","resource_content_type":"image/png","resource_file_size":912164,"resource_updated_at":"2021-02-23T16:50:32.805-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-02-23T16:50:32.878-05:00","updated_at":"2021-02-23T16:50:59.292-05:00","filename_hash":"screen_shot_2021-02-19_at_3.30.55_pm_387qVWB.png","width":1930,"height":1168},"filename":"integrity-transformations-cdc-receives-funding-for-renovations","meta_data_id":null,"published":true,"token":"-XFUjw","created_at":"2021-02-23T16:50:59.265-05:00","updated_at":"2021-02-23T16:50:59.265-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board approved a Westside Tax Allocation (TAD) grant of up to $75,000 to Integrity Transformations CDC (ITCDC) for interior building renovations, technology infrastructure improvements and furniture upgrades at 692 Lindsay Street.\u003cbr /\u003e\r\n\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2000","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003eThe Invest Atlanta Board approved a Westside Tax Allocation (TAD) grant of up to $75,000 to Integrity Transformations CDC (ITCDC) for interior building renovations, technology infrastructure improvements and furniture upgrades at 692 Lindsay Street.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-fa783640-7fff-5d22-33ac-ec0d1e66c651\"\u003eFounded in 1995, ITCDC is an established, local nonprofit whose mission is to facilitate job training, career readiness and access to jobs within English Avenue, Vine City and the surrounding neighborhoods. The approved TAD funding will be used to renovate and expand two restrooms, upgrade technology infrastructure and purchase furniture for a digital literacy lab, community resource center, training room and staff offices.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eAccording to Jennifer Fine, vice president of Planning \u0026amp; Strategic Initiatives for Invest Atlanta, these improvements and upgrades enable ITCDC to continue providing workforce readiness training and job placement services to its clients and modernize its facility. \u0026ldquo;It also will allow them to expand their services and increase capacity amid a growing demand for job placement services,\u0026rdquo; said Fine.\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":386,"title":"Bohica Development to Further Redevelopment of the Eastside","promo_title":"Bohica Development to Further Redevelopment of the Eastside","published_date":"2021-01-26","featured_image":{"id":1475,"parent_id":5,"resource_file_name":"impact___insights_2021_-13-.png","resource_content_type":"image/png","resource_file_size":540610,"resource_updated_at":"2021-01-26T10:10:03.812-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-01-26T10:10:03.923-05:00","updated_at":"2021-01-26T13:17:58.654-05:00","filename_hash":"impact___insights_2021_-13-_ymPpBjD.png","width":1000,"height":529},"filename":"bohica-development-to-further-redevelopment-of-the-eastside","meta_data_id":null,"published":true,"token":"lsyZ3g","created_at":"2021-01-26T10:11:19.525-05:00","updated_at":"2021-01-26T13:17:58.630-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n A new commercial restaurant space will be coming to 377 Edgewood Ave. with support from a $500,000 Eastside Tax Allocation District (TAD) Resurgens Fund Grant. The grant will support the renovation, restoration and expansion of what originally was built as a Gulf gas station in 1940. The art modern-influenced building is currently boarded up and in a state of disrepair.\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-558aded5-7fff-7340-6ce6-03f3f4492c1a\"\u003eA new commercial restaurant space will be coming to 377 Edgewood Ave. with support from a $500,000 Eastside Tax Allocation District (TAD) Resurgens Fund Grant. The grant will support the renovation, restoration and expansion of what originally was built as a Gulf gas station in 1940. The art modern-influenced building is currently boarded up and in a state of disrepair.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eDeveloper Bohica II, LLC will restore and expand the space to accommodate two potential restaurant concepts. The renovation will increase the space from 1,250 square feet to approximately 4,300 square feet, which includes the addition of a second story with a separate entrance. The renovation also will offer upgraded parking, a large street-side patio with a fireplace element, landscaping and new fencing. The ground floor will include an all-weather enclosed patio, and an upper-level deck will overlook the Atlanta skyline.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-558aded5-7fff-7340-6ce6-03f3f4492c1a\"\u003eThis project provides for economic development and historic preservation within the Martin Luther King Jr. Landmark District \u0026ndash; two key goals for the Eastside TAD.\u003c/span\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 Sweet Auburn\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":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":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":363,"title":"Board Greenlights Invest Atlanta-WorkSource Atlanta Integration","promo_title":"Board Greenlights Invest Atlanta-WorkSource Atlanta Integration","published_date":"2020-11-24","featured_image":{"id":1440,"parent_id":5,"resource_file_name":"wsa_ia_-1-.png","resource_content_type":"image/png","resource_file_size":1372178,"resource_updated_at":"2020-11-24T16:38:22.417-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2020-11-24T16:38:22.508-05:00","updated_at":"2021-06-23T11:47:24.993-04:00","filename_hash":"wsa_ia_-1-_6apWZVe.png","width":1080,"height":905},"filename":"board-greenlights-invest-atlanta-worksource-atlanta-integration","meta_data_id":null,"published":true,"token":"fjsA6w","created_at":"2020-11-24T16:38:54.911-05:00","updated_at":"2020-11-25T09:24:51.779-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n At its November 2020 meeting, the Invest Atlanta Board of Directors approved the integration of WorkSource Atlanta into Invest Atlanta.\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-9a1f2dcf-7fff-4ebc-359b-92ea909576f6\"\u003eAt its November 2020 meeting, the Invest Atlanta Board of Directors approved the integration of WorkSource Atlanta into Invest Atlanta.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe integration \u003c/span\u003ealigns the City of Atlanta\u0026rsquo;s economic and workforce development strategy, programming, implementation, reporting and accountability under one agency. Not only will it create stronger outcomes for employers, residents and efficiencies for both agencies, it also advances the City\u0026rsquo;s overall economic growth and mobility goals.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eAccording to Dr. Eloisa Klementich, President and CEO, Invest Atlanta, this is an important step to addressing persistent inequity and achieving better outcomes for Atlanta residents and is a key component of the recently released \u003c/span\u003eOne Atlanta: Economic Mobility, Recovery and Resiliency Plan.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003e\u0026ldquo;The decision to bring together the City\u0026rsquo;s workforce development and economic development arms will ensure that Atlanta not only is attracting new business and creating more jobs, but also giving our residents the skills to access those jobs,\u0026rdquo; says Klementich. \u0026ldquo;For Atlanta, this is an important pathway toward equity and economic mobility.\u0026rdquo;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eBringing WorkSource Atlanta into Invest Atlanta was announced in June 2019 by Mayor Keisha Lance Bottoms as part of her administration\u0026rsquo;s One Atlanta strategy, which includes providing greater access to good jobs.\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":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":365,"title":"Invest Atlanta Board Approves Two Small Business Improvement Grants ","promo_title":"Invest Atlanta Board Approves Two Small Business Improvement Grants ","published_date":"2020-11-24","featured_image":{"id":1442,"parent_id":5,"resource_file_name":"small_business_improvement_grants_.png","resource_content_type":"image/png","resource_file_size":1433538,"resource_updated_at":"2020-11-24T17:12:59.157-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-11-24T17:12:59.237-05:00","updated_at":"2020-11-24T17:13:23.035-05:00","filename_hash":"small_business_improvement_grants__vlpZDQx.png","width":1080,"height":905},"filename":"invest-atlanta-board-approves-two-small-business-improvement-grants","meta_data_id":null,"published":true,"token":"1PLX7w","created_at":"2020-11-24T17:13:23.007-05:00","updated_at":"2020-11-24T17:13:23.007-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Two commercial properties are each receiving up to $20,000 of improvement funds from the Hollowell/ML King Tax Allocation District (TAD) Small Business Improvement Grant.\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003eTwo commercial properties are each receiving up to $20,000 of improvement funds from the Hollowell/ML King Tax Allocation District (TAD) Small Business Improvement Grant.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-f7285188-7fff-8a10-824e-874116a2f717\"\u003eThe building owned by Cal Properties, located on James Jackson Parkway, is a 13,125-square-foot, multiple tenant commercial center built in 2000. The structure includes eight storefronts currently occupied by seven tenants, including a beauty supply store, salon, barbershop, convenience store, social club, natural food store and a clothing store.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe grant will help complete necessary improvements such as repainting the exterior of the building and repairing the parking lot. Additional owner funds, including the required 20 percent match, will pay for security cameras around the property and landscaping.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-f7285188-7fff-8a10-824e-874116a2f717\"\u003eA. Lawson Auto Center on Donald Lee Hollowell is a 2,500-square-foot auto service garage that\u0026rsquo;s been in business for more than half a century. The son and daughter of the original owners have grown the family business over the past 16 years to include Lawson\u0026rsquo;s Florist, HA Lawson Tax \u0026amp; Office Services and Lawson Auto Sales.\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eGrant funds will be used for the removal and replacement of damaged asphalt in front of the building and additional owner funds will pay for tree stump and root systems removal on the west side of the property.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eInvest Atlanta launched the Small Business Improvement Grant in 2019 to strengthen local businesses by using tax increment for matching grants toward the improvement of commercial buildings.\u0026nbsp;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003e\u0026ldquo;Helping our small businesses grow and thrive enhances economic development,\u0026rdquo; says Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at\u0026nbsp;Invest Atlanta. \u0026ldquo;This is one of the initiatives we\u0026rsquo;re promoting in terms of economic mobility and equity and inclusion within the city.\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 MLK Corridor\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":366,"title":"Approved Incentives Bring Jobs to Atlanta ","promo_title":"Approved Incentives Bring Jobs to Atlanta ","published_date":"2020-11-24","featured_image":{"id":1443,"parent_id":5,"resource_file_name":"nov._board_incentives.png","resource_content_type":"image/png","resource_file_size":171580,"resource_updated_at":"2020-11-25T08:43:52.211-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-11-25T08:43:52.286-05:00","updated_at":"2020-11-30T17:14:51.907-05:00","filename_hash":"nov._board_incentives_38LY3xe.png","width":600,"height":200},"filename":"approved-incentives-bring-jobs-to-atlanta","meta_data_id":null,"published":true,"token":"YElJCw","created_at":"2020-11-25T08:45:46.911-05:00","updated_at":"2020-11-30T16:46:05.063-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n This month, the Invest Atlanta Board approved four economic incentives that will help create and retain more than 2,420 jobs in Atlanta and will bring more than $703 million in capital investment to the city.\u0026nbsp;\r\n\u003cul\u003e\r\n\u003c/ul\u003e\r\n\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003eThis month, the Invest Atlanta Board approved four economic incentives that will help create and retain more than\u0026nbsp;2,420\u0026nbsp;jobs in Atlanta and will bring more than $703 million in capital investment\u0026nbsp;to the city.\u0026nbsp;The incentives\u0026nbsp;\u003cspan\u003ewere awarded to the following companies:\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cul style=\"list-style-type:disc;\"\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\" role=\"presentation\"\u003e\u003cstrong\u003e\u003cspan id=\"docs-internal-guid-3b058a3b-7fff-f0a4-ed41-a11b69f6df35\"\u003eBlackRock Financial Management Inc.\u003c/span\u003e\u003c/strong\u003e \u0026ndash; The financial services and investment company headquartered in New York City has brought its iHub to Atlanta, citing the city\u0026rsquo;s diverse and deep talent pool. BlackRock will create 1,000 new jobs, 600 of which will be middle-wage jobs.\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\" role=\"presentation\"\u003e\u003cstrong\u003e\u003cspan id=\"docs-internal-guid-3b058a3b-7fff-f0a4-ed41-a11b69f6df35\"\u003eInvesco Group Services\u003c/span\u003e \u003c/strong\u003e\u0026ndash; The independent investment management firm has committed to retain its headquarters in Atlanta and consolidate operations following its purchase of Oppenheimer Fund. This commitment keeps 586 existing Invesco employees in the city and adds 500 new jobs.\u0026nbsp;\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\" role=\"presentation\"\u003e\u003cstrong\u003e\u003cspan id=\"docs-internal-guid-3b058a3b-7fff-f0a4-ed41-a11b69f6df35\"\u003eNorfolk Southern Corporation\u003c/span\u003e\u003c/strong\u003e \u0026ndash; The North American freight railroad company is relocating its corporate headquarters to Atlanta and consolidating all its corporate staff and operation controllers in the city. This will retain 2,025 Norfolk Southern employees in the city and add 850 new jobs.\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\" role=\"presentation\"\u003e\u003cstrong\u003e\u003cspan id=\"docs-internal-guid-3b058a3b-7fff-f0a4-ed41-a11b69f6df35\"\u003eCoffee Café Bakery\u003c/span\u003e\u003c/strong\u003e \u0026ndash; The subsidiary of ZSC Enterprises and Chunara Food Group (CFG) provides donuts and bakery products to Dunkin\u0026rsquo; brand restaurants. The board approved a lease purchase bond resolution on its $10,000,000 personal property investment for the Coffee Café Bakery facility, which will create up to 70 middle-wage jobs in Southwest Atlanta.\u003c/p\u003e\r\n\t\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 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":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":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":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":354,"title":"Goodwill Receives AEMI Investment to Support First Job Training Center in the City of Atlanta","promo_title":"Goodwill Receives AEMI Investment to Support First Job Training Center in the City of Atlanta","published_date":"2020-10-19","featured_image":{"id":1068,"parent_id":5,"resource_file_name":"goodwill_insights.png","resource_content_type":"image/png","resource_file_size":1078421,"resource_updated_at":"2019-11-22T08:59:19.641-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":3,"created_at":"2019-11-22T08:59:19.791-05:00","updated_at":"2020-10-19T08:25:20.787-04:00","filename_hash":"goodwill_insights_zmKa8yX.png","width":1200,"height":725},"filename":"goodwill-receives-aemi-investment-to-support-first-job-training-center-in-the-city-of-atlanta","meta_data_id":null,"published":true,"token":"Q_Q1sw","created_at":"2020-10-19T08:24:18.378-04:00","updated_at":"2020-10-19T08:24:55.846-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \u003ca href=\"https://atlantaemergingmarkets.org/\"\u003eAtlanta Emerging Markets, Inc.\u003c/a\u003e\u0026nbsp;(AEMI), in partnership with Invest Atlanta, recently closed a $10 million deal to support the construction of Goodwill of North Georgia\u0026rsquo;s new 12,000-square-foot Center for Workforce Innovation, a job training and career services facility, located at 2160 Metropolitan Parkway.\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-ee7da65a-7fff-3cc2-e1fa-582b955b0152\"\u003e\u003ca href=\"https://atlantaemergingmarkets.org/\"\u003eAtlanta Emerging Markets, Inc.\u003c/a\u003e\u003c/span\u003e (AEMI), in partnership with Invest Atlanta, recently closed a $10 million deal to support the construction of Goodwill of North Georgia\u0026rsquo;s new 12,000-square-foot Center for Workforce Innovation, a job training and career services facility, located at 2160 Metropolitan Parkway.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-ee7da65a-7fff-3cc2-e1fa-582b955b0152\"\u003eThe Center for Workforce Innovation will provide job training and career support to 8,300 people facing barriers to employment annually by providing graduates with the necessary certifications to attain entry-level jobs and services like free computer access, job fairs, and r\u0026eacute;sum\u0026eacute; writing workshops.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-ee7da65a-7fff-3cc2-e1fa-582b955b0152\"\u003eThis is Goodwill\u0026rsquo;s first job training facility in the city of Atlanta. The space will also feature a 22,000-square-foot retail store, providing both accessible job training and affordable retail in Southwest Atlanta, a priority area for increasing economic mobility.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cspan id=\"docs-internal-guid-ee7da65a-7fff-3cc2-e1fa-582b955b0152\"\u003eInvest Atlanta has also supported this important project with $500,000 from the Economic Opportunity Fund (EOF) earlier this year and $150,000 from the Metropolitan Parkway Tax Allocation District (TAD) fund in 2019 to help more Atlantans prepare for and find good and promising jobs. These additional economic incentives have helped to create 50 new jobs in Southwest Atlanta.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003e\u003cspan id=\"docs-internal-guid-ee7da65a-7fff-3cc2-e1fa-582b955b0152\"\u003eEstablished in 1925, Goodwill of North Georgia (GNG) currently operates 65 thrift stores and 13 career centers across 45 North Georgia counties and has placed over 100,000 people facing barriers to employment in jobs over the past five years. \u003c/span\u003e\u003c/em\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":350,"title":"Two Atlanta Brownfield Projects Get the Greenlight","promo_title":"Two Atlanta Brownfield Projects Get the Greenlight","published_date":"2020-09-21","featured_image":{"id":1379,"parent_id":5,"resource_file_name":"board_brownfield_image.png","resource_content_type":"image/png","resource_file_size":251545,"resource_updated_at":"2020-09-21T11:32:42.106-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-09-21T11:32:42.670-04:00","updated_at":"2020-09-23T13:30:19.170-04:00","filename_hash":"board_brownfield_image_ZOnQjQ9.png","width":600,"height":200},"filename":"two-atlanta-brownfield-projects-get-the-greenlight","meta_data_id":null,"published":true,"token":"85vjKg","created_at":"2020-09-21T11:35:55.558-04:00","updated_at":"2020-09-23T13:30:19.148-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n At the September 2020 meeting, the Invest Atlanta Board of Directors awarded two Brownfield Loan Fund (BRLF) grants \u0026ndash; one to The Conservation Fund for the Paul Avenue Project and another to Trees Atlanta for the Warner Avenue Project.\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt the\u0026nbsp;September 2020 meeting, the Invest Atlanta Board of Directors awarded two Brownfield Loan Fund (BRLF) grants \u0026ndash; one to The Conservation Fund for the Paul Avenue Project and another to Trees Atlanta for the Warner Avenue Project.\u003c/p\u003e\r\n\r\n\u003cp\u003eA brownfield is a property whose expansion, reuse or redevelopment may be complicated by the presence of a hazardous substance, pollutant or contaminant. Not only do brownfields contribute to potential health risks and environmental contamination, they also act as a barrier between communities and limit the full tax value of properties.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe BRLF is funded by the U.S. Environmental Protection Agency (EPA). After the City of Atlanta received an initial $1 million in 2009, the EPA awarded another $1.9 million in supplemental funding.\u003c/p\u003e\r\n\r\n\u003ch3\u003e\u003cstrong\u003ePaul Avenue Project\u003c/strong\u003e\u003c/h3\u003e\r\n\r\n\u003cp\u003eThe Conservation Fund, a national nonprofit focused on land and water conservation, received an $80,000 brownfield clean-up sub-grant grant for the remediation of 0 Paul Avenue, located in the Riverside Neighborhood of NPU D and in Council District 9.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 0.2-acre parcel, along with other adjoining parcels on Paul Avenue, will become a 10-acre park owned and managed by the City of Atlanta Parks and Recreation Department.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe clean-up will allow the conversion of a contaminated site into a future public asset for the community that includes a new greenspace for the Riverside neighborhood, while also creating key trail connections for both the Whetstone Creek Trail and the future Chattahoochee River Trail. This project is also a key part of the larger Riverwalk Vision located in the Northwest Atlanta and Chattahoochee area.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This is a real win for the city,\u0026rdquo; says Nathan Regan, Senior Vice President of Economic Development\u0026nbsp;Invest Atlanta. \u0026ldquo;We are excited about the ability to clean up this site and view this as another way to make Atlanta a better and more attractive place to live.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003ch3\u003e\u003cstrong\u003eWarner Avenue Project\u003c/strong\u003e\u003c/h3\u003e\r\n\r\n\u003cp\u003eTrees Atlanta Inc. was awarded a $150,000 brownfield clean-up sub-grant for 825 Warner Street in Fulton County. The property includes approximately 2.9 acres of land and is developed with a one-story, 23,000-square-foot warehouse building constructed in 1952.\u003c/p\u003e\r\n\r\n\u003cp\u003eBefore acquiring the property in July 2019, Trees Atlanta filed for a limit of liability protection under the Georgia Brownfield Act. A provisional limit of liability was issued to Trees Atlanta by the Georgia EPD for concerns of lead in the soil.\u003c/p\u003e\r\n\r\n\u003cp\u003eAs a result of this clean-up project, the Trees Atlanta Urban Ecology Center will have indoor and outdoor programming, including a 21,000 square-foot facility for office spaces, community education spaces, as well as storage and workspace for tree planting implementation. Office space for other community-based nonprofits also will be available in the building.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;What\u0026rsquo;s really amazing about this project is that it\u0026rsquo;s currently an industrial site,\u0026rdquo; says Nathan Regan, Senior Vice President of Economic Development\u0026nbsp;Invest Atlanta. \u0026ldquo;This grant will allow Trees Atlanta to remediate the site and turn it into a better use for the community and the city.\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":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":349,"title":"Atlanta Breakfast Club Opens Second Location in the Eastside TAD","promo_title":"Atlanta Breakfast Club Opens Second Location in the Eastside TAD","published_date":"2020-09-11","featured_image":{"id":1375,"parent_id":5,"resource_file_name":"atlanta-breakfast-club_640v2.png","resource_content_type":"image/png","resource_file_size":18780,"resource_updated_at":"2020-09-11T14:54:27.165-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-09-11T14:54:27.197-04:00","updated_at":"2020-09-23T13:31:40.057-04:00","filename_hash":"atlanta-breakfast-club_640v2_YB85k4L.png","width":640,"height":300},"filename":"atlanta-breakfast-club-opens-second-location-in-the-eastside-tad","meta_data_id":null,"published":true,"token":"bEnVvg","created_at":"2020-09-11T14:57:28.497-04:00","updated_at":"2020-09-23T13:31:40.033-04:00","video_link":"https://player.vimeo.com/video/457046392","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \u003ca href=\"https://atlantabreakfastclub.com/\" style=\"text-decoration-line: none;\"\u003eAtlanta Breakfast Club\u003c/a\u003e, in partnership with \u003ca href=\"https://www.goodplaces.io/\" style=\"text-decoration-line: none;\"\u003eGood Places\u003c/a\u003e, held a virtual Ribbon Cutting Ceremony on September 5, 2020 for the grand opening of its second location amidst the COVID-19 pandemic. The virtual event coincided with \u003ca href=\"https://blackrestaurantweeks.com/atlanta-directory/\" style=\"text-decoration-line: none;\"\u003eBlack Restaurant Week\u003c/a\u003e, which kicked off September 4 and is now celebrating 4 years in the Atlanta community.\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-72c42322-7fff-815c-6164-1ad7280e7203\"\u003e\u003ca href=\"https://atlantabreakfastclub.com/\"\u003eAtlanta Breakfast Club\u003c/a\u003e\u003c/span\u003e, in partnership with \u003ca href=\"https://www.goodplaces.io/\"\u003eGood Places\u003c/a\u003e, held a virtual Ribbon Cutting Ceremony on September 5, 2020 for the grand opening of its second location amidst the COVID-19 pandemic. The virtual event coincided with \u003ca href=\"https://blackrestaurantweeks.com/atlanta-directory/\"\u003eBlack Restaurant Week\u003c/a\u003e, which kicked off September 4 and is now celebrating 4 years in the Atlanta community.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cspan id=\"docs-internal-guid-72c42322-7fff-815c-6164-1ad7280e7203\"\u003e\u0026ldquo;The Civil Rights District and the revitalizing area of Sweet Auburn and the Old Fourth Ward is the ideal spot for our second location,\u0026rdquo; said Osiris Ballard \u0026amp; Chef Anthony Sanders, owners of ABC. \u0026ldquo;We are honored to be a part of this catalytic development with Good Places and Invest Atlanta, helping revitalize an area with such a powerful historical beauty.\u0026rdquo;\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cspan id=\"docs-internal-guid-72c42322-7fff-815c-6164-1ad7280e7203\"\u003eInvest Atlanta allocated nearly $550,000 from the Eastside Tax District (TAD) towards this development with Good Places and Ethical Property Group. Located at 340 Auburn Avenue, the 5,200 square-foot commercial building renovation includes not only restaurant space but an events space and \u0026ldquo;micro unit\u0026rdquo; apartments. The development is projected to have an total economic impact of $2.6 million from capital investment.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eJoined by Invest Atlanta President and CEO Dr. Eloisa Klementich and Councilmember Amir Farokhi, the virtual celebration featured remarks from Cherie Ong of Good Places, a tour of the restaurant, and interviews with Brian Holland of \u003ca href=\"https://phoenixroasters.coffee/\"\u003ePhoenix Roasters\u003c/a\u003e and Bem Joiner of \u003ca href=\"https://aie.life/\"\u003eAtlanta Influences Everything\u003c/a\u003e among other key community leaders.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026ldquo;Invest Atlanta deserves a tremendous amount of credit,\u0026rdquo; said Councilmember Farokhi in closing on Saturday. \u0026ldquo;This is an intentional investment and the type of growth is we want to see in the corridor, particularly for underinvested parts of the eastside.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-72c42322-7fff-815c-6164-1ad7280e7203\"\u003eTo view the full recording of the online Ribbon Cutting Ceremony, visit \u003c/span\u003e\u003ca href=\"https://www.facebook.com/watch/?v=317916489424491\u0026amp;extid=ohF7pbMXnQnsEPFC\"\u003eABC\u0026rsquo;s Facebook Page\u003c/a\u003e. A downloadable menu of ABC\u0026rsquo;s world-famous chicken and waffles offerings along with Phoenix Roaster\u0026rsquo;s equitably-sourced nitro craft beverages can be found on their website \u003ca href=\"https://atlantabreakfastclub.com/\"\u003ehere.\u003c/a\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cem\u003eThe Eastside Tax Allocation District (TAD) was established in 2003 to help the City of Atlanta attract residents, jobs, and retail needed to make Downtown a vibrant 24-hour center of activity. Invest Atlanta, the city\u0026rsquo;s economic development arm, continues to accept applications for eligible projects that provide affordable housing, expand economic development, focus on historic preservation, and/or are supported by non-profit sponsors providing services with public benefits. Learn more \u003ca href=\"https://www.investatlanta.com/developers/opportunities-incentives/tax-allocation-district-financing/eastside\"\u003ehere\u003c/a\u003e\u003c/em\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":347,"title":"Invest Atlanta Approves Financing for 230 Units of Multifamily Housing in East Lake","promo_title":"230 Units of Multifamily Housing Approved for East Lake","published_date":"2020-08-26","featured_image":{"id":1372,"parent_id":1,"resource_file_name":"tama2.jpg","resource_content_type":"image/jpeg","resource_file_size":157793,"resource_updated_at":"2020-08-26T12:57:48.940-04:00","caption":"Tama Glenwood","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2020-08-26T12:57:48.975-04:00","updated_at":"2020-08-26T13:04:36.147-04:00","filename_hash":"tama2_Lg2X5Kr.jpg","width":1209,"height":750},"filename":"invest-atlanta-approves-financing-for-230-units-of-multifamily-housing-in-east-lake","meta_data_id":null,"published":true,"token":"869ucg","created_at":"2020-08-26T12:59:14.213-04:00","updated_at":"2020-08-26T13:04:36.114-04:00","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\u003eThe Invest Atlanta Board of Directors approved lease-purchase bond financing for Tama Glenwood, a 230-unit multifamily housing and retail development on Glenwood Avenue.\u003c/p\u003e\r\n\r\n\u003cp\u003eConvenient to MARTA, Publix, and the YMCA, Tama Glenwood will feature 39 units at 80 percent Annual Median Income (AMI) and approximately 8,000 SF of retail in the East Lake community. The developer, Perennial Properties, will seek local small businesses to occupy the commercial/retail space and plans to connect those businesses to services that support their growth and viability. The amenities of the property will include a co-working space with computers, community room, fitness center, pool, private courtyard and grills.\u003c/p\u003e\r\n\r\n\u003cp\u003eThis project is a part of the comprehensive vision for Villages of East Lake to be a mixed-income community, providing an attractive housing option for moderate to middle-income households.\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":343,"title":"Invest Atlanta Creates Predevelopment Assistance Fund for Beltline TAD","promo_title":"Predevelopment Assistance Fund Created for Beltline TAD","published_date":"2020-08-26","featured_image":{"id":1369,"parent_id":1,"resource_file_name":"atlanta_beltline_tad.jpg","resource_content_type":"image/jpeg","resource_file_size":140067,"resource_updated_at":"2020-08-26T12:36:45.470-04:00","caption":"Beltline TAD","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2020-08-26T12:36:45.595-04:00","updated_at":"2020-08-26T13:00:47.801-04:00","filename_hash":"atlanta_beltline_tad_r64qeQV.jpg","width":869,"height":779},"filename":"invest-atlanta-creates-predevelopment-assistance-fund-for-beltline-tad","meta_data_id":null,"published":true,"token":"VuVViA","created_at":"2020-08-26T12:38:43.533-04:00","updated_at":"2020-08-26T13:00:47.766-04:00","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\u003eThe Invest Atlanta Board of Directors has approved the authorization of up to $750,000 from the BeltLine TAD Affordable Housing Increment to establish a Predevelopment Assistance Fund. The purpose of the fund is to provide resources to help both for-profit and non-profit small developers to secure the needed capital to advance their residential real estate projects toward construction and development.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Predevelopment Assistance Fund mirrors aspects of \u003ca href=\"https://www.investatlanta.com/impact-insights/ia-approves-new-predevelopment-assistance-fund-program-within-tad-areas\"\u003esimilar programs\u003c/a\u003e launched within the Campbellton Road TAD, the Perry-Bolton TAD, as well as the Westside TAD. Maximum loan amounts will be $250,000 per project. The fund is intended to support design services, cost estimation and feasibility and financial analysis.\u003c/p\u003e\r\n\r\n\u003cp\u003eEligible projects must provide at least one of the following criteria: New multifamily rental with 20 percent of units at or below 60 percent AMI (Area Median Income); Rehab multifamily rental with 20 percent of units at or below 60 percent AMI; New or rehab single-family for-sale with 20 percent at or below 120 percent AMI.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe BeltLine TAD is one of 10 Tax Allocation Districts to help Atlanta grow and prosper by incentivizing development in areas needing additional investment. \u003ca href=\"https://www.investatlanta.com/developers/opportunities-incentives/tax-allocation-district-financing\"\u003eClick here\u003c/a\u003e for information on Invest Atlanta\u0026#39;s TAD programs.\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":346,"title":"Invest Atlanta Approves Financing for Construction of 209 Units of Affordable Multifamily Housing","promo_title":"209 Units of Affordable Housing Coming to Bolton Road","published_date":"2020-08-26","featured_image":{"id":1371,"parent_id":1,"resource_file_name":"the_reserve_1.jpg","resource_content_type":"image/jpeg","resource_file_size":168157,"resource_updated_at":"2020-08-26T12:51:37.352-04:00","caption":"The Reserve at Bolton Road","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2020-08-26T12:51:37.388-04:00","updated_at":"2020-08-26T13:07:09.900-04:00","filename_hash":"the_reserve_1_QgQXr5g.jpg","width":1165,"height":725},"filename":"invest-atlanta-approves-financing-for-construction-of-209-units-of-affordable-multifamily-housing","meta_data_id":null,"published":true,"token":"l2-YHQ","created_at":"2020-08-26T12:52:09.314-04:00","updated_at":"2020-08-26T13:07:09.866-04:00","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\u003eThe Urban Residential Finance Authority (URFA) Board of Directors, as part of Invest Atlanta, has approved financing for the construction of 209 units of affordable multifamily housing.\u0026nbsp;The Reserve at Bolton Road will be located at 1070 Bolton Road with close proximity to Interstate 285 and Donald Lee Hollowell Parkway.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Reserve at Bolton Road, developed by KCG Development, LLC, will contain 43 units at or below 40 percent Area Median Income (AMI), 133 units at or below 69 percent AMI and 33 units at or below 80 percent AMI. The property amenities will include a clubhouse/leasing office, swimming pool, laundry facility, exercise room, picnic and playground areas.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Board approved a $22,500,000 tax-exempt\u0026nbsp;loan to finance this development.\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":340,"title":"Invest Atlanta Approves Financing for Construction of 108 Units of Affordable Senior Housing","promo_title":"108 Units of Affordable Senior Housing Coming to Adamsville Neighborhood","published_date":"2020-07-28","featured_image":{"id":1301,"parent_id":1,"resource_file_name":"109124236_3475774935788733_3898905104437609280_o.jpg","resource_content_type":"image/jpeg","resource_file_size":90174,"resource_updated_at":"2020-07-28T16:52:51.106-04:00","caption":"Harmony Bakers Ferry","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2020-07-28T16:52:51.149-04:00","updated_at":"2025-01-31T13:07:42.319-05:00","filename_hash":"109124236_3475774935788733_3898905104437609280_o_p5yN4bj.jpg","width":1080,"height":680},"filename":"invest-atlanta-approves-financing-for-construction-of-108-units-of-affordable-senior-housing","meta_data_id":null,"published":true,"token":"6QpiUw","created_at":"2020-07-28T16:54:32.893-04:00","updated_at":"2020-07-28T16:55:04.129-04:00","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 dir=\"ltr\"\u003eThe Invest Atlanta Board of Directors approved financing for Harmony at Bakers Ferry, a 108-unit affordable housing development for seniors aged 55 and over. All 108 units will be available at 60 percent Area Median Income (AMI).\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eLed by GNTH Developments, LLC and Atlanta Housing, this new construction will be located at 3650 Bakers Ferry Road in the Adamsville neighborhood. The three-story building will offer units equipped with HVAC, energy star refrigerators and dishwashers, stove, microwave oven and a powder-based stovetop fire suppression canister installed above the range cook-top. The amenities will include a community room, computer center, on-site laundry, exercise room, covered drop-off/pick-up area, and covered picnic area with grills.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eThe Board approved a $15 million tax-exempt loan for this development.\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 \n\u003c/span\u003e\n"},{"id":339,"title":"Eastside TAD Financing Approved for Community of Hospitality Properties on Edgewood Ave.","promo_title":"Eastside TAD Financing Approved for Community of Hospitality","published_date":"2020-07-28","featured_image":{"id":1300,"parent_id":1,"resource_file_name":"107930547_3475903339109226_3754347603439383978_o.jpg","resource_content_type":"image/jpeg","resource_file_size":70413,"resource_updated_at":"2020-07-28T16:47:57.342-04:00","caption":"Community of Hospitality","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2020-07-28T16:47:57.380-04:00","updated_at":"2020-07-28T16:50:30.701-04:00","filename_hash":"107930547_3475903339109226_3754347603439383978_o_OPEyWR6.jpg","width":1080,"height":634},"filename":"eastside-tad-financing-approved-for-community-of-hospitality-properties-on-edgewood-ave","meta_data_id":null,"published":true,"token":"1AWQKw","created_at":"2020-07-28T16:49:37.961-04:00","updated_at":"2020-07-28T16:50:30.653-04:00","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 dir=\"ltr\"\u003eAt its July board meeting, Invest Atlanta approved financing from the Eastside TAD (Tax Allocation District) Community Empowerment Fund up to $320,000 to fund the building renovation of 458 and 460 Edgewood Avenue.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe renovation of the adjoining properties would create 6,600 square feet of affordable retail and office space for non-profit and social impact users. The properties are owned by Community of Hospitality (COH), an intentional, faith-based organization committed to the service of others by traditionally serving the homeless and now, via this project, cultivating socially-oriented small businesses and nonprofits to further their missions.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eCOH is most known for its work at the property through Caf\u0026eacute; 458, a restaurant concept that provided employment and a safe space for meals for homeless residents. The property was also home to the organization\u0026rsquo;s signature program The Edge, which provided comprehensive support services for homeless people seeking work.\u003c/p\u003e\r\n\r\n\u003cp\u003e458 Edgewood is a 2,000-square-foot single-story building built in 1940, comprised of a commercial kitchen and dining area. COH intends to activate the space with a social-impact food and beverage provider focused on economic and creative empowerment. 460 Edgewood is approximately 4,600 square feet split between two floors. The ground floor will house community meeting space and private offices, with the second floor containing eight offices and a common collaborative area. Programming of the collaborative area will include community empowerment programming, educational and vocational classes, skills sharing, and community organizing.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn accordance with the Eastside TAD funding guidelines, 20 percent of leasable square footage\u0026nbsp;will be restricted to rents that are equal to or less than 20 percent of the area\u0026rsquo;s market rate.\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 \n\u003c/span\u003e\n"},{"id":329,"title":"Predevelopment Assistance Funding Approved for Mixed-Use Redevelopment in Campbellton Road TAD","promo_title":"Predevelopment Assistance Funding for Briarwood Mixed-Use Project","published_date":"2020-05-21","featured_image":{"id":1219,"parent_id":5,"resource_file_name":"briarwood.png","resource_content_type":"image/png","resource_file_size":1147391,"resource_updated_at":"2020-05-21T15:43:54.474-04:00","caption":"briarwood2","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2020-05-21T15:43:54.560-04:00","updated_at":"2020-05-21T15:53:15.666-04:00","filename_hash":"briarwood_BxB3wVO.png","width":1080,"height":1080},"filename":"predevelopment-assistance-funding-approved-for-mixed-use-redevelopment-in-campbellton-road-tad","meta_data_id":null,"published":true,"token":"4wagXA","created_at":"2020-05-21T15:37:16.968-04:00","updated_at":"2020-05-21T15:53:15.621-04:00","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 dir=\"ltr\"\u003eThe Invest Atlanta Board of Directors has approved funding from the Campbellton Road TAD Predevelopment Assistance Fund to redevelop approximately 11 acres immediately across from Greenbriar Mall.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eRiddle Property Group will receive up to $250,000 to provide mezzanine loan funds for the Briarwood redevelopment project, a $42 million mixed-use district comprised of affordable housing, medical offices, retail and other public amenities.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project will bring affordable housing, amenities and job opportunities to Southwest Atlanta, while activating a parcel of land that has been under-utilized in past years. The redevelopment includes 123 apartments, with 51 percent of those units offered at or below 60 percent AMI (Area Median Income).\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta launched the \u003ca href=\"about:blank\"\u003ePredevelopment Assistance Fund\u003c/a\u003e\u0026nbsp;earlier this year to develop or significantly rehabilitate affordable workforce housing and neighborhood-scale commercial property within the Perry-Bolton TAD, Westside TAD and Campbellton Road TAD areas.\u0026nbsp;\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 \n\u003c/span\u003e\n"},{"id":328,"title":"EPA Awards Brownfield Grant for Cleanup of Atlanta Beltline Southside Corridor","promo_title":"EPA Awards Brownfield Grant for Atlanta Beltline Southside Corridor Clean-up","published_date":"2020-05-14","featured_image":{"id":429,"parent_id":7,"resource_file_name":"atlantabeltline_tad_mantle_940x360.jpg","resource_content_type":"image/jpeg","resource_file_size":502292,"resource_updated_at":"2018-01-05T15:35:11.809-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":3,"created_at":"2018-01-05T15:35:11.992-05:00","updated_at":"2024-10-01T10:11:21.844-04:00","filename_hash":"atlantabeltline_tad_mantle_940x360_kbWgWOO.jpg","width":1880,"height":720},"filename":"epa-awards-brownfield-grant-for-cleanup-of-atlanta-beltline-southside-corrido","meta_data_id":null,"published":true,"token":"n-eQAg","created_at":"2020-05-14T07:55:31.093-04:00","updated_at":"2020-05-14T07:56:51.799-04:00","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 dir=\"ltr\"\u003eThe Atlanta BeltLine\u0026rsquo;s Southside Corridor will get a major boost with a $500,000 Brownfield Cleanup Grant. The grant will fund environmental remediation of a 0.85-mile section of former railroad corridor in the Atlanta Beltline Southside Corridor, encompassing approximately 16 acres.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026ldquo;The City of Atlanta has many examples, like Atlantic Station, of brownfield remediation playing a critical role in revitalizing underdeveloped areas,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;These latest grant funds will not only further development of the Atlanta Beltline\u0026rsquo;s Southside trail, but also pave the way for equity-driven investment in low-income census tracts, including the three Federal Opportunity Zones in the remediation area. We thank the U.S. Environmental Protection Division for their continued support of these strategic development efforts in our city.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eThis segment of the former CSX railroad corridor will weave through the emerging job center of Pittsburgh Yards; underneath the major interstate bisecting Atlanta \u0026ndash; the 75/85 Connector; and a major Atlanta Public Schools complex. It also safely crosses under a busy five-way road intersection via a beautiful, 120-year old stone railroad tunnel.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eDue to the BeltLine\u0026rsquo;s history as a former railroad, Brownfield remediation has been a core component of the Atlanta BeltLine since its official inception in 2005. Though the trains have stopped running, contamination remains. Along the corridor, an estimated 3,000 tons of soil will be excavated and transported to an appropriate off-site disposal facility.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026ldquo;Atlanta Beltline, Inc. is thrilled to continue our decades-long partnership with the EPA to remediate a segment of the Southside corridor and create new pathways for economic inclusion, such as the development of Pittsburgh Yards,\u0026rdquo; said Clyde Higgs, CEO of Atlanta Beltline, Inc. \u0026ldquo;Initiatives such as these strengthen workforce development efforts and incentivize nearby housing development, including new affordable units.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eThe Atlanta BeltLine repurposes a freight rail corridor constructed approximately 100 years ago to bypass the core of Atlanta and transforms it into a 22-mile transportation corridor with a 14-foot wide multi-purpose trail that encircles the heart of the city.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eIn 2009, the City of Atlanta, through Invest Atlanta, established the Brownfield Remediation Loan Fund (BRLF) to provide brownfield cleanup financing for eligible projects within the Atlanta city limits. The fund was initially capitalized by a $1 million grant from the EPA. Since 2009, the EPA has provided an additional $1.9 million to the program for a total of $2.9 million to fund additional brownfield investments. Invest Atlanta offers BRLF funds to businesses interested in or involved in the development of brownfield sites for commercial projects, including recent \u003ca href=\"https://www.investatlanta.com/impact-insights/brownfield-clean-up-loan-approved-for-pullman-yard\"\u003efinancing to Atomic Entertainment\u003c/a\u003e for environmental remediation of Pullman Yard.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026ldquo;EPA\u0026rsquo;s grant funding has helped make it possible for communities across Georgia to clean up contaminated properties and benefit from the resulting economic growth,\u0026rdquo; said Richard Dunn, Director of the Georgia Environmental Protection Division. \u0026ldquo;Since the Georgia Brownfields Program began 17 years ago, 598 properties have been cleaned up at minimal expense to taxpayers and we are excited to add these new projects in Atlanta and Albany to that list.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eGrants awarded by EPA\u0026rsquo;s Brownfields Program provide communities across the country with an opportunity to transform contaminated sites into community assets that attract jobs and achieve broader economic development outcomes while taking advantage of existing infrastructure.\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 Southside\n\u003c/span\u003e\n"},{"id":327,"title":"TAD Funds Approved for New StationSoccer Facility at iVillage@MLK","promo_title":"New SoccerStation Facility at iVillage@MLK","published_date":"2020-04-16","featured_image":{"id":1175,"parent_id":5,"resource_file_name":"untitled-130.jpg","resource_content_type":"image/jpeg","resource_file_size":459282,"resource_updated_at":"2020-04-16T17:08:43.343-04:00","caption":"SoccerintheStreets","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2020-04-16T17:08:43.392-04:00","updated_at":"2020-05-19T14:50:54.954-04:00","filename_hash":"untitled-130_YBvm7Wx.jpg","width":1500,"height":860},"filename":"tad-funds-approved-for-new-stationsoccer-facility-at-ivillagemlk","meta_data_id":null,"published":true,"token":"H2ZRKA","created_at":"2020-04-16T11:22:32.477-04:00","updated_at":"2020-05-19T14:50:54.915-04:00","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 dir=\"ltr\"\u003eAt its April meeting, the board of directors of Invest Atlanta, led by Mayor Keisha Lance Bottoms, voted to approve funding for the construction of a StationSoccer facility at\u0026nbsp;\u003ca data-saferedirecturl=\"https://www.google.com/url?q=https://www.investatlanta.com/businesses/medium-large-businesses/startups-creatives/ivillage-at-mlk\u0026amp;source=gmail\u0026amp;ust=1587157259584000\u0026amp;usg=AFQjCNHhtRB9LBoz13co2xJoVPG0YkyRBA\" href=\"https://www.investatlanta.com/businesses/medium-large-businesses/startups-creatives/ivillage-at-mlk\" target=\"_blank\"\u003eiVillage @ MLK\u003c/a\u003e. Invest Atlanta, MARTA,\u0026nbsp;\u003ca data-saferedirecturl=\"https://www.google.com/url?q=https://www.soccerstreets.org/\u0026amp;source=gmail\u0026amp;ust=1587157259584000\u0026amp;usg=AFQjCNHaq7RPwUsvM5eWYkjRQfqkoaqT6w\" href=\"https://www.soccerstreets.org/\" target=\"_blank\"\u003eSoccer in the Streets\u003c/a\u003e\u0026nbsp;(SITS), Atlanta United Foundation, Local Initiatives Support Corporation(LISC) and other\u0026nbsp;local\u0026nbsp;foundations are partnering on this venture, which will provide access to quality soccer and youth development programs for the community, while also supporting increased traffic and interest in iVillage @ MLK. Construction of the facility is expected to begin in June with a projected opening date in September 2020.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eiVillage @ MLK, is the city of Atlanta\u0026rsquo;s first shipping container village, providing retail and business space to entrepreneurs looking to launch or grow a business. Located at the Hamilton E. Holmes MARTA station, iVillage @ MLK was funded with almost $550,000 of Hollowell-ML King TAD (Tax Allocation District) grants allocated by Invest Atlanta and opened to the public in August 2019. Approximately $39,000 in funds from the project were authorized to construct the StationSoccer facility immediately adjacent to the iVillage @ MLK. Invest Atlanta also approved an additional allocation of $11,000 from the Hollowell-ML King TAD tax increment to support infrastructure costs.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eSITS is a not-for-profit organization that works to develop young leaders so they can lead rich lives and cultivate healthy communities through sports-based youth development. It serves over 5,000 youth through partnership programs with Atlanta Public Schools and other civic groups. Founded in 1989 in Atlanta, the organization reaches kids through soccer play, work-readiness training, hands-on experiential activities, and participation in youth leadership councils. The initiative is gaining worldwide recognition for its \u0026lsquo;StationSoccer\u0026rsquo; initiative \u0026ndash; which builds soccer fields and community classrooms in and around metro transit hubs.\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 \n\u003c/span\u003e\n"},{"id":325,"title":"Eastside TAD Grants Approved to Support Two Renovations on Two Historic Wheat Street Properties","promo_title":"Renovations for Wheat Street Buildings","published_date":"2020-04-16","featured_image":{"id":1172,"parent_id":1,"resource_file_name":"wheat_street.png","resource_content_type":"image/png","resource_file_size":1647927,"resource_updated_at":"2020-04-16T11:11:44.897-04:00","caption":"Wheat Street","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2020-04-16T11:11:45.395-04:00","updated_at":"2020-05-19T14:50:29.573-04:00","filename_hash":"wheat_street_r6OJmNl.png","width":1080,"height":1080},"filename":"eastside-tad-grants-approved-to-support-two-renovations-on-two-historic-wheat-street-properties","meta_data_id":null,"published":true,"token":"O59Drw","created_at":"2020-04-16T11:13:46.487-04:00","updated_at":"2020-05-19T14:50:29.531-04:00","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 dir=\"ltr\"\u003eAt its April board meeting, Invest Atlanta approved two grants from Eastside TAD (Tax Allocation District) funds to finance the rehabilitation of two buildings in the historic Wheat Street district.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe first grant of $1.5 million from the Eastside TAD Community Empowerment Fund will support the rehabilitation of the historic Wheat Street Educational Building (WSEB). The WSEB is a historic office building that has provided Church-centered educational services since its construction in 1955. The new space will be targeted towards community-serving small businesses and non-profits and offer 21,000 square feet of office space.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAtlanta Center for Self-Sufficiency, a non-profit organization will also be permanently housed at the site. The organization provides food, job training, interview training, job placement, housing assistant and other social services and has been in operation at WSEB since 1982.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe building will be fully renovated and restored to its original condition in accords with the State of Georgia\u0026rsquo;s Historic Preservation Office\u0026rsquo;s guidelines. Improvements include all new electrical, HVAC, double-pane windows, an expanded commercial kitchen, and an elevator serving all floors.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe second grant of $650,000 from the Eastside TAD Resurgens Fund will finance the rehabilitation of the historic Wheat Street American Legion Building (ALB) to provide space for local retail, restaurants and small businesses.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe ALB, once home to the neighborhood\u0026rsquo;s American Legion post, has provided neighborhood retail and office space along Auburn Avenue since the first level was built in 1930. However, the property has been vacant and unusable for nearly 20 years. The ALB will be restored to its original condition in coordination with the State of Georgia\u0026rsquo;s Historic Preservation Office\u0026rsquo;s guidelines so that it can support retail, restaurants, small businesses and non-profits. Improvements include: a new storefront, all new electrical, HVAC, double-pane windows, and an elevator serving all floors and the roof.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eWheat Street Charitable Foundation (WSCF), a 501(c)(3) formed in 1969 as a separate legal entity from Wheat Street Baptist Church, is the developer for both renovations. In accordance with the Eastside TAD funding guidelines, 20 percent of leasable square footage for both buildings will be restricted to rents that are 20 percent below the area\u0026rsquo;s market rate for 15 years. These guidelines allow WSCF to target community-serving small businesses and non-profit organizations.\u0026nbsp;\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 Sweet Auburn\n\u003c/span\u003e\n"},{"id":326,"title":"Invest Atlanta Approves Eastside TAD Grant for Multifamily Development Adjacent to Mercy Care Clinic","promo_title":"Eastside TAD Approved for Affordable Housing Near Mercy Care Clinic","published_date":"2020-04-16","featured_image":{"id":1173,"parent_id":5,"resource_file_name":"mcauley_park.jpg","resource_content_type":"image/jpeg","resource_file_size":116348,"resource_updated_at":"2020-04-16T11:16:58.635-04:00","caption":"McAuley Park","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2020-04-16T11:16:58.676-04:00","updated_at":"2020-05-19T14:50:42.911-04:00","filename_hash":"mcauley_park_ZOvPN39.jpg","width":1012,"height":621},"filename":"invest-atlanta-approves-eastside-tad-grant-for-multifamily-development-adjacent-to-mercy-care-clinic","meta_data_id":null,"published":true,"token":"POrtpQ","created_at":"2020-04-16T11:17:58.080-04:00","updated_at":"2020-05-19T14:50:42.873-04:00","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 dir=\"ltr\"\u003eThe Invest Atlanta Board of Directors has approved a $4 million grant from the Eastside TAD (Tax Allocation District) Ascension Fund to support construction of the first phase of McAuley Park, a multifamily development adjacent to the Mercy Care clinic in Southeast Atlanta.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eThe developer Pennrose, LLC (Pennrose), along with Saint Joseph\u0026rsquo;s Health System, Inc. (Mercy Care) have partnered together to improve health outcomes and decrease health care costs of traditionally underserved populations.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eThe first phase of McAuley Park will include a 180-unit multifamily development and 367-space parking deck that will serve both the multifamily development and the Mercy Care medical clinic. The development will offer 135 units at or below 60% AMI (Area Median Income) with 10 units controlled by Mercy Care to provide respite housing for patients.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eOnce complete, the master development will include a renovated and significantly expanded Mercy Care clinic and central office, 100 units of affordable senior housing, 180 units of mixed-income family housing and a 367-space parking deck to accommodate both the medical building and the family housing.\u0026nbsp; This multi-phased, mixed-use/mixed-income project addresses an important need and demand for affordable housing in the City of Atlanta, specifically close to downtown and MARTA rail.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eMercy Care was established in 1985 to bring healthcare to the most vulnerable, with a strong emphasis on serving the homeless. Mercy Care operates six permanent clinics as well as five mobile medical coaches throughout metro Atlanta.\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 \n\u003c/span\u003e\n"},{"id":324,"title":"Invest Atlanta Closes on Financing for Pullman Yard Clean-Up Loan","promo_title":"Financing Final for Pullman Yard Clean-Up Loan","published_date":"2020-04-15","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":"invest-atlanta-closes-on-financing-for-pullman-yard-clean-up-loan","meta_data_id":null,"published":true,"token":"u0GGrg","created_at":"2020-04-15T15:58:00.544-04:00","updated_at":"2020-05-19T14:51:07.433-04:00","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 dir=\"ltr\"\u003eInvest Atlanta closed $950,000 in financing from the Brownfield Revolving Loan Fund (BRLF) for Atomic Entertainment Development, LLC to fund environmental remediation for the historic Pratt-Pullman Yard site.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eOnce cleaned up, the site will be redeveloped into a mixed-use entertainment district called \u0026ldquo;Pratt-Pullman District.\u0026rdquo; The development will include residences, retail stores, a hotel, a digital incubator, creative offices, film production facilities, fine dining establishments, a fitness and wellness center and various points of interest. Atomic Entertainment will maintain the historic integrity of the property and has included a bike, walk, and nature paths in its design, as well as the maintenance of Woodland Preserves as a natural sanctuary. This project will create approximately 500 jobs and 10 percent affordable housing units.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eThe 27-acre site 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, and for the last 30 years it has been inactive.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eThe City of Atlanta\u0026rsquo;s Brownfields Program started in 1996. Since then, the City has managed several programs and initiatives aimed at identifying, assessing and remediating brownfield sites throughout the city. Invest Atlanta oversees the Brownfield RLF program.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eA brownfield is a real property whose expansion, redevelopment, or reuse may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. Examples include former industrial sites, gas stations, dry-cleaning establishments, and other industrial uses. Atlantic Station and the Atlanta BeltLine are two examples of successful brownfield cleanup and redevelopment projects in the City of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eIn June of 2018, the U.S. Environmental Protection Agency (EPA) announced $500,000 in supplemental funding to assist the City of Atlanta in cleaning up contaminated brownfield properties. The EPA provided a total of $15.7 million in funding to 33 other existing Brownfield Revolving Loan Fund (RLF) grantees, helping Atlanta and other communities around the country carry out cleanup and redevelopment projects.\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 \n\u003c/span\u003e\n"},{"id":323,"title":"Invest Atlanta Establishes Loan Fund for COVID-19 Affected Small Businesses","promo_title":"Emergency Funding for Small Businesses During COVID-19 Pandemic","published_date":"2020-03-24","featured_image":{"id":1149,"parent_id":1,"resource_file_name":"90652231_3160706653962231_2741339803831238656_o.jpg","resource_content_type":"image/jpeg","resource_file_size":121874,"resource_updated_at":"2020-03-24T20:52:13.514-04:00","caption":"small business ","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-03-24T20:52:14.037-04:00","updated_at":"2020-05-19T14:51:21.161-04:00","filename_hash":"90652231_3160706653962231_2741339803831238656_o_BxVNRMr.jpg","width":1080,"height":1080},"filename":"invest-atlanta-establishes-loan-fund-for-covid-19-affected-small-businesses","meta_data_id":null,"published":true,"token":"T0yaVA","created_at":"2020-03-24T20:53:47.538-04:00","updated_at":"2020-05-19T14:51:21.140-04:00","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\u003eOn March 20, 2020, Invest Atlanta launched a new loan fund to ensure the viability of businesses in the city of Atlanta in the wake of the COVID-19 pandemic. The new Business Continuity Loan Fund provides zero-interest loans to help businesses sustain their employee base and maintain operations during this period of economic shock. The fund is for small businesses located in the city of Atlanta that are experiencing economic distress from COVID-19.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta acted quickly to establish the fund because small businesses account for a critical portion of Atlanta\u0026rsquo;s economy. Of the approximately twenty thousand businesses operating in the city of Atlanta, almost 95 percent have less than fifty employees and/or $500K in revenue.\u003c/p\u003e\r\n\r\n\u003cp\u003eThrough the fund, businesses can apply for a loan between $5,000 and $30,000 to cover rent and mortgage payments, employee wages, inventory management, and for working capital. Loans have a zero percent interest rate and a 6 to 12-month deferment before the first payment is due. The loan term is not to exceed five years.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eTo be a qualified applicant for the BCLF, businesses must:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eBe an existing for-profit corporation, partnership, sole proprietorship, or non-profit with for-profit activities in the city of Atlanta that contributes to trade.\u003c/li\u003e\r\n\t\u003cli\u003eBe current on all financial obligations related to the lease or mortgage agreement for the business.\u003c/li\u003e\r\n\t\u003cli\u003eHave 50 or fewer full-time employees, i.e., employees working at least 30 hours per week or 130 hours per month.\u003c/li\u003e\r\n\t\u003cli\u003eHave been in operations for 1 year\u003c/li\u003e\r\n\t\u003cli\u003eHave a current City of Atlanta business license.\u003c/li\u003e\r\n\t\u003cli\u003eBe current on all City of Atlanta taxes and fees.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eAccording to the Institute for Business and Home Safety, an estimated 25 percent of businesses do not open again after a major disaster. Additionally, following a disaster, 90 percent of smaller companies fail within a year unless they can resume operations within five days.\u003c/p\u003e\r\n\r\n\u003cp\u003eMore information on the BCLF program and qualifications can be found \u003ca href=\"http://www.investatlanta.com/bclf\"\u003ehere\u003c/a\u003e.\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 Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":321,"title":"TAD Funds to Finance Renovations for School-Adjacent Affordable Rentals ","promo_title":"School Adjacent Affordable Rentals for English Ave","published_date":"2020-02-26","featured_image":{"id":1108,"parent_id":1,"resource_file_name":"oaksatl.jpg","resource_content_type":"image/jpeg","resource_file_size":221173,"resource_updated_at":"2020-02-26T11:16:28.767-05:00","caption":"oaksATL","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-02-26T11:16:29.169-05:00","updated_at":"2020-05-19T14:51:45.465-04:00","filename_hash":"oaksatl_NnaYPQy.jpg","width":1555,"height":798},"filename":"tad-funds-to-finance-renovations-for-school-adjacent-affordable-rentals","meta_data_id":null,"published":true,"token":"lK9wIg","created_at":"2020-02-26T11:18:36.755-05:00","updated_at":"2020-05-19T14:51:45.444-04:00","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\u003eThe Invest Atlanta Board of Directors has approved a Westside TAD grant of up to $500,000 to finance the renovation of sixteen school-adjacent multifamily apartment units in English Avenue.\u0026nbsp; The developer, oaksAtl Community Development, Inc. (oaksATL), is a non-profit development associated with Peace Preparatory Academy, Inc. Together, the two entities aim to support low-income families holistically through access to quality education, safe and affordable housing, and proximity to parks and employment, in an effort to address the relationship between housing stability and community wellbeing.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eCurrently, the school has 60 students spanning pre-kindergarten through fourth grade and plans to continue to expand through 12\u003csup\u003eth\u003c/sup\u003e\u0026nbsp;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.\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce renovated from its vacant, blighted state, 584 Lindsay Street will provide fifteen two-bedroom apartment units. The renovations will include new mechanical, electrical, plumbing, exterior doors and windows, and interior finishes. The building will also include exterior fa\u0026ccedil;ade and site improvements.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn January, the Invest Atlanta Board of Directors supported plans for oaksATL to renovate another sixteen multi-family apartment units in \u003ca href=\"https://www.investatlanta.com/impact-insights/tad-funds-allocated-to-help-provide-school-adjacent-affordable-rental-housing-in-english-ave\"\u003eEnglish Avenue\u003c/a\u003e.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eUnder the terms of the Westside TAD Community Improvement Fund, the developer will offer the rental units at a deep level of affordability.\u0026nbsp; Eight of the units will be offered at or below 50 percent Area Median Income (AMI) while the remaining seven units will be offered at or below 80 percent AMI.\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 \n\u003c/span\u003e\n"},{"id":322,"title":"New Predevelopment Assistance Fund Launching this Year","promo_title":"New Predevelopment Assistance Fund Launching this Year","published_date":"2020-02-26","featured_image":{"id":1109,"parent_id":1,"resource_file_name":"87063552_3091484454217785_6921540299462279168_o.jpg","resource_content_type":"image/jpeg","resource_file_size":120060,"resource_updated_at":"2020-02-26T14:26:05.869-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-02-26T14:26:05.913-05:00","updated_at":"2020-05-19T14:51:32.723-04:00","filename_hash":"87063552_3091484454217785_6921540299462279168_o_oM8nN6r.jpg","width":1280,"height":853},"filename":"ia-approves-new-predevelopment-assistance-fund-program-within-tad-areas","meta_data_id":null,"published":true,"token":"RoF-kA","created_at":"2020-02-26T14:28:54.176-05:00","updated_at":"2020-05-19T14:51:32.704-04:00","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\u003eInvest Atlanta has approved the establishment of a new fund to assist smaller project developers seeking to develop or significantly rehabilitate affordable workforce housing and neighborhood-scale commercial property within three Tax Allocation Districts (\u0026ldquo;TAD\u0026rdquo;).\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Predevelopment Assistance Fund aims to provide resources strategically to help ameliorate identified obstacles to real estate development and economic vibrancy in the Perry-Bolton TAD, Westside TAD, and Campbellton Road TAD areas.\u0026nbsp; The majority of services the fund is expected to provide to projects fall into the following categories: Feasibility and Financial Analysis, Design Services, and Cost Estimation.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta has authorized a Perry-Bolton grant as well as a Westside TAD grant, each of up to $1,000,000, for predevelopment assistance loans in the respective redevelopment areas.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe program will provide both for-profit and non-profit small developers with needed and necessary funding to advance their projects towards construction and development. Predevelopment assistance loans will be available to two types of projects, dependent upon size.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe fund is expected to launch in Q2 2020. \u003ca href=\"https://www.investatlanta.com/developers/opportunities-incentives/tax-allocation-district-financing\"\u003eClick here\u003c/a\u003e for information on Invest Atlanta\u0026#39;s TAD programs.\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":320,"title":"First Small Business Improvement Grant Approved for Commercial Property in Mechanicsville ","promo_title":"Talon Plumbing to receive first Small Business Improvement Grant ","published_date":"2020-02-24","featured_image":{"id":1107,"parent_id":5,"resource_file_name":"istock-929926146.jpg","resource_content_type":"image/jpeg","resource_file_size":5775286,"resource_updated_at":"2020-02-25T17:59:01.571-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-02-25T17:59:02.448-05:00","updated_at":"2020-02-25T18:00:58.899-05:00","filename_hash":"istock-929926146_eXjDkv3.jpg","width":3835,"height":2597},"filename":"first-small-business-improvement-grant-approved-for-commercial-property-in-mechanicsville","meta_data_id":null,"published":true,"token":"SnlLLQ","created_at":"2020-02-24T11:46:21.348-05:00","updated_at":"2020-02-25T18:00:58.860-05:00","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\u003eThe Invest Atlanta Board of Directors has approved the first allocation from the Small Business Improvement Grant, a new program launched in November 2019.\u003c/p\u003e\r\n\r\n\u003cp\u003eTalon Plumbing Services, LLC, located at 730 Pryor Street SW, will receive an amount up to $20,000 to finance improvements to its commercial property in the Stadium Neighborhoods TAD and Mechanicsville neighborhood. It will also receive an amount up to $10,000 from the NPU V Small Business Improvement Grant program to finance additional improvements to the property. The NPU V Small Business Improvement Grant program was created in partnership with the Annie E. Casey Foundation. Talon Plumbing Services, LLC, recently relocated from Dekalb County to the city of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta launched the Small Business Improvement Grant to utilize available tax increment to strengthen local businesses by providing matching grants toward the improvement of commercial buildings.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eDetails of the program can be found\u003ca href=\"https://www.investatlanta.com/businesses/small-businesses/small-business-improvement-grants\"\u003e 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 Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\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":315,"title":"Invest Atlanta Board Supports the Construction of Stanton Park Apartments, Including 56 Affordable Housing Units","promo_title":"Additional Affordable Housing Coming to Peoplestown","published_date":"2020-01-17","featured_image":{"id":1089,"parent_id":5,"resource_file_name":"stanton_park.jpg","resource_content_type":"image/jpeg","resource_file_size":187088,"resource_updated_at":"2020-01-17T09:17:31.605-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-01-17T09:17:31.648-05:00","updated_at":"2020-01-17T09:23:17.831-05:00","filename_hash":"stanton_park_jpaboyV.jpg","width":1044,"height":529},"filename":"invest-atlanta-board-supports-stanton-park-apartments","meta_data_id":null,"published":true,"token":"9iXJfg","created_at":"2020-01-17T09:19:57.389-05:00","updated_at":"2020-01-17T09:23:17.810-05:00","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\u003eThe board of Invest Atlanta has approved a loan of up to $2 million in Beltline tax allocation district (TAD) funding to finance the construction of 56 affordable multifamily housing units\u0026nbsp;on Atlanta\u0026rsquo;s south side.\u003c/p\u003e\r\n\r\n\u003cp\u003eStanton Park Apartments, developed by Woda Cooper Company, Inc. and Parallel Housing, Inc., will be located at the corner of Boynton Avenue and Hank Aaron Drive.\u0026nbsp; Woda Cooper Companies is responsible for two other affordable housing developments in the area.\u0026nbsp; \u003ca href=\"https://beltline.org/2016/09/29/a-warm-welcome-home-to-stanton-oaks/\"\u003eStanton Oaks\u003c/a\u003e, completed in 2016, renovated the former Boynton Village apartments into 43 units of multifamily housing in Peoplestown. Most recently, in November 2019, Adair Court, opened in southwest Atlanta near the Atlanta BeltLine Westside Trail. \u003ca href=\"https://www.investatlanta.com/impact-insights/adair-court-senior-mixed-income-community-opens-near-westside-atlanta-beltline-trail\"\u003eAdair Court\u003c/a\u003e is a 91-unit mixed-income rental community geared toward seniors aged 55 years and above.\u003c/p\u003e\r\n\r\n\u003cp\u003eStanton Park Apartments will also offer affordable housing options. Of the 56 units, 44 will be set aside for individuals earning at or below 60 percent area mean income (AMI). Invest Atlanta Board of Directors member Fred Smith remarked, \u0026ldquo;It\u0026rsquo;s great to see the income averaging in this project.\u0026nbsp; Folks of different income ranges will be living together.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAnother exciting component of the project is that it takes an innovative approach to address homelessness.\u0026nbsp; Developers collaborated with Partners for HOME, a nonprofit which manages the Atlanta continuum of care for homeless services, to help with providing funding for the units set aside for individuals earning less than 30 percent AMI.\u0026nbsp; Said Smith, \u0026ldquo;This is the second project we\u0026rsquo;ve seen where the Partners for Home component of homelessness is built into it, and that\u0026rsquo;s fantastic.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAmenities on the property will include a community room, business center with computer stations, basketball court, and a central laundry facility.\u0026nbsp; Additionally, Stanton Park Apartments is conveniently located near public transportation.\u003c/p\u003e\r\n\r\n\u003cp\u003eFinancing partners for Stanton Park Apartments include URFA (tax-exempt loan), ADA (Beltline TAD), DCA (tax credits), CREA (federal/state LIHTC investor), Merchants Capital (construction and permanent lender), and Partners for HOME (Atlanta HomeFirst grant).\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":314,"title":"Herndon Square to bring 97 units of affordable seniors housing to English Avenue neighborhood","promo_title":"Herndon Square Affordable Housing Development Underway","published_date":"2020-01-08","featured_image":{"id":1081,"parent_id":5,"resource_file_name":"herndon_square.jpg","resource_content_type":"image/jpeg","resource_file_size":6660608,"resource_updated_at":"2020-01-08T16:57:56.928-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-01-08T16:57:57.591-05:00","updated_at":"2020-01-08T17:08:05.933-05:00","filename_hash":"herndon_square_OPMVrM9.jpg","width":4608,"height":3456},"filename":"herndon-square-affordable-housing-development-underway","meta_data_id":null,"published":true,"token":"M6Kojg","created_at":"2020-01-08T17:02:30.806-05:00","updated_at":"2020-01-08T17:08:05.914-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \n\u003c/div\u003e\n","project_year":"2000","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eOn January 7, 2020, Atlanta Mayor Keisha Lance Bottoms joined Atlanta Housing, Invest Atlanta, and other city officials to break ground on the first phase of the highly anticipated Herndon Square project. The $23.9 million, 97-unit development will offer affordable housing to seniors above the age of 62, as well as bringing additional economic activity and jobs to the Westside.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This is an historic day for Atlanta, the Westside and the English Avenue community,\u0026rdquo; said Mayor Bottoms. \u0026ldquo;Thank you to Atlanta Housing and all of our partners for investing in our communities and understanding the importance of alleviating the burden associated with a lack of affordable housing. This Administration will utilize every available tool and resource to continue to create quality, affordable housing for all who call Atlanta home.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Hunt Companies and Oakwood Development Group project will be located in the English Avenue neighborhood at 464 Cameron Madison Alexander Blvd. The first phase of Herndon Square will consist of 87 one-bedroom/one-bath apartments and 10 two-bedroom/two-bath apartments, as well as greenspace and retail space.\u0026nbsp; Residents will pay no more than 30 percent of their income towards rent, as 100 percent of the units are covered under a HomeFlex Contract with Atlanta Housing. Amenities will include card access at entry points, health and business centers, and a fitness center.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe future four phases of the project will include varying percentages of market-rate and affordable units. The last phase will consist of 32 for-sale townhome units, seven of which will be available for residents earning less than 120% AMI (area median income).\u003c/p\u003e\r\n\r\n\u003cp\u003eIn remarks, Invest Atlanta\u0026rsquo;s CEO, Eloisa Klementich, noted that Mayor Bottoms, in her role as Invest Atlanta board chair, is \u0026ldquo;setting the tone\u0026rdquo; for Invest Atlanta to continue to find more opportunities to create affordable housing through equitable development projects.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta supported Herndon Square through $12.4 million in tax-exempt bond financing. Other financing parties include the Georgia Department of Community Affairs, the Westside Future Fund, Hunt Capital Partners, and Atlanta Housing.\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":313,"title":"Ron Clark Academy to Receive an $8 Million New Markets Tax Credit Allocation","promo_title":"AEMI Supports New Performing Arts Center for Youth in South Atlanta","published_date":"2020-01-07","featured_image":{"id":1080,"parent_id":5,"resource_file_name":"ron_clark_academy_photo.jpg","resource_content_type":"image/jpeg","resource_file_size":768614,"resource_updated_at":"2020-01-07T19:47:21.304-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-01-07T19:47:21.475-05:00","updated_at":"2020-01-08T09:19:44.672-05:00","filename_hash":"ron_clark_academy_photo_MYEapYR.jpg","width":2304,"height":1536},"filename":"aemi-supports-new-performing-arts-center-for-youth-in-south-atlanta","meta_data_id":null,"published":true,"token":"E5s-dQ","created_at":"2020-01-07T19:51:44.587-05:00","updated_at":"2020-01-08T09:19:44.639-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Emerging Markets, Inc. (AEMI), a U.S. Treasury-certified Community Development Entity created by Invest Atlanta, officially closed an $8 million New Markets Tax Credit (NMTC) transaction supporting the \u003ca href=\"http://ronclarkacademy.com/\"\u003eRon Clark Academy\u003c/a\u003e (RCA).\u0026nbsp; SunTrust, now Truist, was the investment partner on this project.\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nThe NMTC allocation will assist with the construction of the new 42,000-square-foot state-of-the-art Ryan Marshall Performing Arts Center, which will expand the existing school building both for student activities as well as for RCA\u0026rsquo;s teacher training programs. As a result, the school will be able to serve an additional 30 students annually and train an additional 2,500 teachers annually, increases which will help make the school 100 percent financially sustainable as well as subsidize tuition for students from households earning less than $30,000 annually. The $23 million expansion will also create seven new full-time positions.\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nLocated in South Atlanta in a formerly vacant warehouse, RCA is an innovative nonprofit middle school and teacher training facility founded in 2007 by Ron Clark and Kim Bearden, both award-winning educators. Stated on its website, RCA\u0026rsquo;s mission is to: \u0026ldquo;Deliver the highest quality educational experience where global citizens are born through advanced rigor, engaging teaching methods, and a passionate climate and culture.\u0026rdquo;\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nAEMI specializes in providing gap financing for projects that create jobs and revitalize Atlanta\u0026rsquo;s distressed neighborhoods. \u0026nbsp;South Atlanta qualifies as \u0026ldquo;highly distressed\u0026rdquo; based on the 2011 \u0026ndash; 2015 American Community Survey with a median family income of 31.84 percent of the area median income, a poverty rate of 40.9 percent, and an unemployment rate of 20.8 percent (2.5 times the national average).\u0026nbsp;\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nCurrently, the school teaches 150 children in grades fourth through eighth and offers a sliding tuition scale to assist families of all socioeconomic backgrounds. As a result of the school\u0026rsquo;s huge success (100 percent graduation rate with 95 percent of its graduates attending college or enlisting in the military), the RCA developed the \u0026ldquo;Ron Clark Experience,\u0026rdquo; for outside educators to learn about the school\u0026rsquo;s unique techniques and practices. The registration fees for the training program help cover student tuitions and enable 14,500 teachers to come from around the globe and train at the school each year.\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":312,"title":"Board Greenlights Expansion of City Lights Affordable Living Community","promo_title":" Board Greenlights Expansion of City Lights Affordable Community","published_date":"2019-12-24","featured_image":{"id":512,"parent_id":5,"resource_file_name":"city-lights-2_rendering_main.png","resource_content_type":"image/png","resource_file_size":1002626,"resource_updated_at":"2018-02-06T15:02:43.943-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-02-06T15:02:43.982-05:00","updated_at":"2019-12-24T08:34:05.064-05:00","filename_hash":"city-lights-2_rendering_main_RJNvPDD.png","width":1073,"height":494},"filename":"board-greenlights-expansion-of-city-lights-affordable-living-community","meta_data_id":null,"published":true,"token":"piT2Cw","created_at":"2019-12-24T08:30:10.192-05:00","updated_at":"2019-12-24T08:34:05.044-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta board approved $38 million in lease-purchase bond financing for Wingate Companies to develop an additional 124 multifamily affordable rental units at City Lights in the Old Fourth Ward.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe five-story new construction building is located at Boulevard and Parkway Drive and is the second phase of the City Lights affordable development. The affordable units will be available to households earning 60 percent AMI (area median income) or below, and residents will pay no more than 30 percent of their income in rent.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition to its proximity to Historic Fourth Ward Park, City Lights is conveniently located near several MARTA bus stops and restaurants.\u0026nbsp; Amenities on the property 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\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":311,"title":"The Front Porch to Add Affordable Housing, Retail and Community Space to Sweet Auburn","promo_title":"The Front Porch to Add Affordable Housing, Retail and Community Space to Sweet Auburn","published_date":"2019-12-24","featured_image":{"id":1078,"parent_id":5,"resource_file_name":"front_porch.jpg","resource_content_type":"image/jpeg","resource_file_size":44086,"resource_updated_at":"2019-12-24T08:07:35.135-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2019-12-24T08:07:35.161-05:00","updated_at":"2019-12-26T08:21:26.857-05:00","filename_hash":"front_porch_kbjqQnV.jpg","width":678,"height":376},"filename":"the-front-porch-to-add-affordable-housing-retail-and-community-space","meta_data_id":null,"published":true,"token":"pyEINA","created_at":"2019-12-24T08:13:01.354-05:00","updated_at":"2019-12-26T08:21:26.818-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Eastside TAD Ascension Fund supports the construction of a mixed-use development in the heart of the Historic Sweet Auburn District.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt its December meeting, the board of Invest Atlanta, led by Mayor Keisha Lance Bottoms, voted to approve a grant of up to $2,000,000 from the Eastside TAD Ascension Fund to support the construction of a mixed-use development in the heart of the Historic Sweet Auburn District. It will consist of 42 units of housing as well as 27,000 square feet of retail. Twenty-three of the units will be available at affordable rentals rates as workforce housing, and the planned redevelopment will repurpose two historic buildings and an unutilized parking lot.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Front Porch at Auburn Avenue is a project developed by three mission-driven minority organizations sharing the same vision. The Historic District Development Corporation (HDDC), Partnership for Southern Equity, along with The Guild, all share the same goal of increasing economic mobility in Atlanta. The redevelopment project is called The Front Porch to evoke sentiments of welcoming and gathering\u0026mdash;invoking the history and legacy of Sweet Auburn as a center of black entrepreneurship and the importance of community in Southern traditions.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Front Porch aims to further reinvigorate the street and neighborhood. The two-story signature front porch promises to serve as a gathering space with a variety of uses geared toward welcoming all, such as a farmer\u0026rsquo;s market, children\u0026rsquo;s activity center, and sub-grade parking for residents. Additionally, the development will imbue the neighborhood economy with critical elements of environmentally and economically sustainable infrastructure, urban agriculture, and commerce.\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":309,"title":"Invest Atlanta Recognized as Leading Opportunity Zone Community in New National List","promo_title":"Invest Atlanta Recognized as Leading Opportunity Zone Community in New National List","published_date":"2019-12-16","featured_image":{"id":1072,"parent_id":5,"resource_file_name":"forbes_oz_v2.png","resource_content_type":"image/png","resource_file_size":584340,"resource_updated_at":"2019-12-16T09:02:23.245-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2019-12-16T09:02:23.299-05:00","updated_at":"2019-12-16T09:20:09.631-05:00","filename_hash":"forbes_oz_v2_7JWlRKg.png","width":752,"height":563},"filename":"invest-atlanta-recognized-as-leading-opportunity-zone-community-in-new-national-list","meta_data_id":null,"published":true,"token":"Yws1-g","created_at":"2019-12-16T09:00:27.917-05:00","updated_at":"2019-12-16T09:20:09.608-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The City of Atlanta\u0026rsquo;s economic development agency was named to the Forbes OZ 20: Top Opportunity Zone Catalysts list.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe City of Atlanta\u0026rsquo;s economic development agency was named to the Forbes OZ 20: Top Opportunity Zone Catalysts list.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Forbes OZ 20: Top Opportunity Zone Catalysts, a partnership between the Sorenson Impact Center and Forbes,\u0026nbsp;announced this list recognizing community organizations and OZ Funds that are committed to achieving equitable economic growth in underserved and overlooked communities throughout the country.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eChaired by Atlanta\u0026#39;s Mayor Keisha Lance Bottoms, Invest Atlanta is creating city-backed programs and financial incentives to fuel job creation, growth, and neighborhood revitalization. Offering workshops for OZ investors and founders, a pipeline of projects, a dedicated OZ website, and a transparent system of metrics and tracking, Invest Atlanta puts the full weight of City Hall behind Atlanta\u0026#39;s dynamic business community. Recently Atlanta received a $1 million grant from the Rockefeller Foundation\u0026rsquo;s Opportunity Zone Community Capacity Building Initiative.\u003c/p\u003e\r\n\r\n\u003cp\u003eMore than 8,700 opportunity zones were designated as part of the 2017 Tax Cuts and Jobs Act. These zones were selected in collaboration with State and Federal leaders to drive investment into distressed communities. The incentive offers deferments and savings on capital gains when investors deploy funds in opportunity zone projects. Investments in opportunity zones are empowering teachers to live in the communities they serve, extending grid infrastructure and solar array construction in rural America, and expanding economic opportunity.\u003c/p\u003e\r\n\r\n\u003cp\u003eJim Sorenson, Founder of the Sorenson Impact Center, said, \u0026ldquo;We received 113 applications to the Forbes OZ 20, with 62 Funds and 51 communities testing their OZ strategies through a rigorous selection process.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The quality and standard of applications was excellent with communities and OZ funds showing a clear commitment to social impact. We are excited to share learnings from the Forbes OZ 20 to help other community organizations and OZ funds deliver real and meaningful change in the communities they support.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Forbes OZ 20 officially launched in the spring of 2019, with applications closing at the end of August 2019. The purpose of this new list is to showcase how large and small investors, as well as rural and urban communities, are pioneering dynamic, equity-minded approaches to the revitalization of distressed communities. By elevating the best examples of OZ work from around the country we hope to showcase the promise and possibilities of the entire OZ landscape.\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":307,"title":"TAD Funds to Support Goodwill of North Georgia's New Career Center in Atlanta ","promo_title":"TAD Funds to Support Goodwill of North Georgia's New Career Center in Atlanta ","published_date":"2019-11-21","featured_image":{"id":1068,"parent_id":5,"resource_file_name":"goodwill_insights.png","resource_content_type":"image/png","resource_file_size":1078421,"resource_updated_at":"2019-11-22T08:59:19.641-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":3,"created_at":"2019-11-22T08:59:19.791-05:00","updated_at":"2020-10-19T08:25:20.787-04:00","filename_hash":"goodwill_insights_zmKa8yX.png","width":1200,"height":725},"filename":"tad-funds-to-support-goodwill-of-north-georgias-new-career-center-in-atlanta","meta_data_id":null,"published":true,"token":"9qatzw","created_at":"2019-11-22T09:00:48.259-05:00","updated_at":"2019-11-22T09:00:48.259-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors recently approved up to $150,000 from the Metropolitan Parkway TAD to support the construction of the Goodwill Job Training Center and Retail Store.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors recently approved up to $150,000 from the Metropolitan Parkway TAD to support the construction of the Goodwill Job Training Center and Retail Store.\u003c/p\u003e\r\n\r\n\u003cp\u003eGoodwill of North Georgia will transform an empty parcel into a state-of-the-art Center for Workforce Innovation, consisting of a job training center and community space, alongside a\u0026nbsp; retail space. This will serve as Goodwill\u0026rsquo;s first career center within the City of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Center for Workforce Innovation will work with local partner agencies to impact the economic mobility of southside Atlanta residents, meeting the increased demand for job training and placement services in high-growth sectors of the changing economy.\u003c/p\u003e\r\n\r\n\u003cp\u003eGoodwill\u0026rsquo;s job programs provide people who are having trouble finding work, those wanting to change careers in need of skill development, and people with disabilities with access to job training and career resources. The donated goods retail operation creates jobs for individuals with barriers to employment and subsidized employment options for job training program participants, resulting in connecting 8,000 individuals with employment each year.\u003c/p\u003e\r\n\r\n\u003cp\u003eThis location will also create 50 full time and five part time positions, both professional and entry-level.\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":308,"title":"Adair Court Senior Mixed-Income Community Opens Near Westside Atlanta BeltLine Trail","promo_title":"Adair Court Senior Mixed-Income Community Opens Near Westside Atlanta BeltLine Trail","published_date":"2019-11-19","featured_image":{"id":1069,"parent_id":5,"resource_file_name":"adair_court_ribbon.png","resource_content_type":"image/png","resource_file_size":1529669,"resource_updated_at":"2019-11-22T10:17:51.569-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-11-22T10:17:51.646-05:00","updated_at":"2019-11-22T10:18:15.520-05:00","filename_hash":"adair_court_ribbon_p54LByb.png","width":1200,"height":615},"filename":"adair-court-senior-mixed-income-community-opens-near-westside-atlanta-beltline-trail","meta_data_id":null,"published":true,"token":"7Zg2iA","created_at":"2019-11-22T10:18:15.481-05:00","updated_at":"2019-11-22T10:18:15.481-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Seniors in the Adair Park neighborhood of southwest Atlanta now have access to a new mixed-income rental community near the Atlanta BeltLine Westside Trail following the highly awaited ribbon-cutting ceremony of Adair Court.\u003cbr /\u003e\r\n\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eSeniors in the Adair Park neighborhood of southwest Atlanta now have access to a new mixed-income rental community near the Atlanta BeltLine Westside Trail following the highly awaited ribbon-cutting ceremony of Adair Court.\u003c/p\u003e\r\n\r\n\u003cp\u003eAtlanta Mayor Keisha Lance Bottoms, along with \u0026nbsp;Invest Atlanta CEO Dr. Eloisa Klementich. Department of Community Affairs Commissioner Christopher Nunn, Atlanta City Councilmember Joyce Shepherd, and Atlanta BeltLine, Inc. CEO Clyde Higgs, were among the City officials and housing leaders present to cut the ribbon of the 91-unit community. Developed by Woda Cooper Companies, Inc. and Parallel Housing, Inc, the $51 million property provides cutting-edge energy efficiency as well as close proximity to intown amenities including the MARTA West End Station, Adair Park, retail stores, restaurants, and health care services.\u003c/p\u003e\r\n\r\n\u003cp\u003eGeared towards seniors aged 55 years and above, Adair Court offers nineteen of the units for residents earning up to 50% of the area median income (AMI) and 58 for residents earning up to 60% AMI.\u0026nbsp; Fourteen units are offered at market rate with no income restrictions. Seven apartments were designed for those with disabilities.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Atlanta BeltLine is committed to helping residents connect with affordable housing, economic development and a healthy lifestyle and has supported Adair Court from its inception.\u0026nbsp; \u0026ldquo;Adair Court exemplifies our work with our partners to create and preserve affordable homes in our Atlanta BeltLine neighborhoods,\u0026rdquo; said Clyde Higgs, President and CEO of ABI. \u0026ldquo;Affordability is key to equity and ensuring that legacy residents can continue to live and thrive in their communities.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe opening of this development represents the culmination of numerous partners dedicated to improving affordable housing in Atlanta, including the City of Atlanta, the Georgia Department of Community Affairs, and Invest Atlanta, with the support of Bank of America Merrill Lynch. The 77 new affordable housing units bring the Atlanta BeltLine one step closer to achieving its goal of 5,600 affordable workforce housing units by 2030.\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":304,"title":"First Step Staffing Receives $3 Million Loan","promo_title":"First Step Staffing Receives $3 Million Loan","published_date":"2019-11-13","featured_image":{"id":1065,"parent_id":5,"resource_file_name":"staffing_impact_2.png","resource_content_type":"image/png","resource_file_size":1066228,"resource_updated_at":"2019-11-18T09:46:48.786-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-11-18T09:46:48.867-05:00","updated_at":"2019-11-18T09:47:02.542-05:00","filename_hash":"staffing_impact_2_DNw7J1W.png","width":1200,"height":829},"filename":"first-step-staffing-receives-3-million-loan","meta_data_id":null,"published":true,"token":"vkaxyg","created_at":"2019-11-18T09:47:02.496-05:00","updated_at":"2019-11-18T09:47:02.496-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta Emerging Markets, Inc. (AEMI), The Reinvestment Fund (TRF), and Access to Capital for Entrepreneurs (ACE) closed this month on a $3 million loan to support First Step Staffing, a non-profit staffing agency that helps employ people with barriers to workforce re-entry.\u0026nbsp;\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Emerging Markets, Inc. (AEMI), The Reinvestment Fund (TRF), and Access to Capital for Entrepreneurs (ACE) closed this month on a $3 million loan to support First Step Staffing, a non-profit staffing agency that helps employ people with barriers to workforce re-entry.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eFounded in 2007, First Step Staffing is a non-profit alternative staffing company that specializes in finding job opportunities for the homeless, military veterans, and individuals who have been previously incarcerated.\u0026nbsp; Their goal is to help homeless workers become permanent members of the workforce, providing them the first step out of homelessness. \u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eEvery day, they place approximately 200 homeless men and women in job assignments and provide additional job and life coaching, transportation, and housing assistance.\u0026nbsp; Their clients come from strong referral partners, including the United Way, Goodwill and MUST Ministries.\u003c/p\u003e\r\n\r\n\u003cp\u003eFirst Step Staffing also provides workers with the necessary support to ensure success and improve retention. Support activities include providing uniforms, transportation, and skills coaching. Since 2007, FSS has helped over 2,000 homeless individuals re-enter the workforce. Seventy percent of FSS workers have retained employment after 90 days (vs. the industry average of 50%) and over 30% of the current associates are US veterans.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe loan will be used for working capital to support the business\u0026rsquo; growth as they ramp up services locally and scaling nationally.\u0026nbsp; \u003ca href=\"https://atlantaemergingmarkets.org/\"\u003eAtlanta Emerging Markets, Inc.\u003c/a\u003e is providing $1 million of the $3 million loan.\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":300,"title":"709 Affordable Housing Units Created or Retained in October","promo_title":"709 Affordable Housing Units Created or Retained in October","published_date":"2019-10-21","featured_image":{"id":1011,"parent_id":5,"resource_file_name":"sylvan_insight.png","resource_content_type":"image/png","resource_file_size":923289,"resource_updated_at":"2019-10-17T11:04:27.806-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-10-17T11:04:27.928-04:00","updated_at":"2019-10-21T13:23:09.853-04:00","filename_hash":"sylvan_insight_YBMWWZj.png","width":1200,"height":755},"filename":"709-affordable-housing-units-created-or-retained-in-october","meta_data_id":null,"published":true,"token":"8X66mg","created_at":"2019-10-17T11:05:24.080-04:00","updated_at":"2019-10-21T13:23:09.813-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n At Invest Atlanta\u0026rsquo;s monthly meeting, Mayor Keisha Lance Bottoms and the Invest Atlanta board of directors unanimously supported five resolutions that will help fund the creation and rehabilitation of 709 new affordable rental units in Southside and Westside neighborhoods of Atlanta.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt Invest Atlanta\u0026rsquo;s monthly meeting, Mayor Keisha Lance Bottoms and the Invest Atlanta board of directors unanimously supported five resolutions that will help fund the creation and rehabilitation of 709 new affordable rental units in Southside and Westside neighborhoods of Atlanta. The five developments approved for bond financing will provide affordable housing options for individuals, families and senior residents at rental rates ranging from 30 to 80 percent of the area median income (AMI), with the majority of the units offered at 60 AMI percent or less.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Supporting new and strategic solutions to address Atlanta\u0026rsquo;s affordable housing needs is one of our administration\u0026rsquo;s top priorities,\u0026rdquo; said Mayor Bottoms. \u0026ldquo;All of our residents should have access to safe, quality, affordable housing, and today\u0026rsquo;s actions are another step in this direction. As we continue to progress toward our affordable housing goals, we get closer to achieving our vision of One Atlanta.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eHerndon Square Apartments\u003c/strong\u003e\u003cbr /\u003e\r\nThe Invest Atlanta board approved a $12.5 million bond resolution to help finance the construction of 97 units of senior housing on Cameron Madison Alexander Boulevard in Vine City near Mercedes-Benz Stadium. Herndon Square, a development by Hunt Companies and Oakwood Development Group, will sit in the midst of a mixed-use, mixed-income development area and include amenities such as a health and business center. All units will be available at 60 percent AMI and under a HomeFlex contract with Atlanta Housing.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eSylvan Hills Senior\u003c/strong\u003e\u003cbr /\u003e\r\nSylvan Hills Senior, a project by Benoit Group Development, LLC, will create 183 new senior housing units in the Sylvan Hills community available at 50 to 60 percent AMI. The development is located near MARTA bus stops and includes amenities for recreation and livability. The Invest Atlanta board approved a $17.5 million bond resolution for the project.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eCapitol View Apartments\u003c/strong\u003e\u003cbr /\u003e\r\nThe Invest Atlanta board approved an increase in bond financing to support the renovation of Capitol View Apartments in Southwest Atlanta. The 120-unit garden-style complex by New Columbia Residential, LLC, increases affordable housing along the Atlanta BeltLine where the trail intersects Metropolitan Parkway. Units will be available from 30 to 80 percent AMI and offer new building systems, interiors and amenities.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMarietta Road Senior Towner\u003c/strong\u003e\u003cbr /\u003e\r\nMarietta Road Senior Tower is an existing affordable housing development serving seniors and disabled individuals that will undergo renovations to improve the life expectancy of the building while lowering the building\u0026rsquo;s operating costs and carbon footprint. The renovation led by The Michaels Development Company includes in-unit, common area and elevator improvements, new water heaters, boilers, central AC equipment, emergency power generation, windows and other improvements. Marietta Road Senior Tower\u0026rsquo;s 129 units will rent at 60 percent AMI and Rental Assistance Demonstration project vouchers will be applied to the cost of the renovation.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eLondon Townhomes\u003c/strong\u003e\u003cbr /\u003e\r\nLocated in Atlanta\u0026rsquo;s Ivan Hills neighborhood, the London Townhomes project will receive $20 million in bond financing to support the acquisition, rehabilitation and preservation of the property by TBG London Townhomes, LP and the Benoit Group. The property will provide 200 housing units with 180 renting for 60 percent AMI or less, and will offer a variety of apartment sizes to accommodate single residents and families.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Today\u0026rsquo;s actions by the Invest Atlanta board bring us closer to achieving the Mayor\u0026rsquo;s goal of producing and preserving 20,000 units of affordable housing by 2026 and speak to the collaborative teamwork between our public agencies,\u0026rdquo; said Terri Lee, Chief Housing Officer for the City of Atlanta. \u0026ldquo;We are working to align our agencies\u0026rsquo; efforts and optimize our public resources to help ensure that Atlanta is a city that everyone can call home.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;To achieve the goal of being an affordable city for all, we need to redouble our efforts on housing strategies that address a range of incomes and living options,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;Seventy-three percent of the housing units approved by the board today will be available at 60 percent of the area median income or less to provide deeper affordability to residents and families. The board\u0026rsquo;s accomplishments today, under the leadership of Mayor Bottoms and with support from Atlanta Housing, will help to ensure residents can remain in their neighborhoods and continue to thrive.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eMayor Keisha Lance Bottoms pledged to leverage $1 billion toward housing affordability to produce and preserve 20,000 units of affordable housing within the City of Atlanta by 2026. Through its various affordable housing strategies, Invest Atlanta continues to take a lead role in facilitating the creation of affordable housing throughout the city in coordination with other community-focused organizations\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":295,"title":"Invest Atlanta Supports 241 Affordable Units at 60% AMI ","promo_title":"Invest Atlanta Supports 241 Affordable Units at 60% AMI ","published_date":"2019-09-19","featured_image":{"id":721,"parent_id":5,"resource_file_name":"pakrside_qy_insight.png","resource_content_type":"image/png","resource_file_size":1165049,"resource_updated_at":"2018-09-20T13:51:58.758-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":4,"created_at":"2018-09-20T13:51:58.822-04:00","updated_at":"2019-09-19T13:30:11.795-04:00","filename_hash":"pakrside_qy_insight_ZOXw1vW.png","width":1299,"height":585},"filename":"invest-atlanta-supports-241-affordable-units-at-60-ami","meta_data_id":null,"published":true,"token":"RrZ2iQ","created_at":"2019-09-19T10:19:17.989-04:00","updated_at":"2019-09-19T13:30:11.748-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors approved financing for the Capitol View and Parkside developments.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors approved financing for the Capitol View and Parkside developments. The financing will retain 88 units of affordable housing at Capitol View on Metropolitan Parkway near the Atlanta BeltLine, and the creation of 153 new units at Parkside on Donald Lee Hollowell Parkway. All 241 of these units will be set aside for families earning at or below 60% of the Area Median Income (AMI).\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eCapitol View\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 120-unit, garden-style Capitol View complex in southwest Atlanta was built in 1948 and will be preserved and renovated with new building systems, interiors, and amenities. The complex sits on the Atlanta Beltline as it crosses Metropolitan Parkway and will ensure affordable units have direct access to the Beltline loop. Residents will also have access to meeting rooms, laundry facilities, a picnic area, play areas for small children, and after-school programs.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Board approved $13.4 million in tax-exempt loan for this development.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eParkside\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Parkside development will consist of the new construction of 182 units, 153 units of which will be affordable for families earning at or below 60% AMI, in the Bankhead neighborhood. Amenities will include a central laundry facility, washer dryer hookups in units, picnic area, tot lots, fitness room, and a business center.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Board approved $22 million tax-exempt bond financing, and it has previously approved a $2 million loan 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 Westside\n\u003c/span\u003e\n"},{"id":294,"title":"Urban Land Institute Atlanta Recognizes John H. Harland Boys \u0026 Girls Club","promo_title":"Urban Land Institute Atlanta Recognizes John H. Harland Boys \u0026 Girls Club","published_date":"2019-09-16","featured_image":{"id":996,"parent_id":5,"resource_file_name":"hardland_insights.png","resource_content_type":"image/png","resource_file_size":1084465,"resource_updated_at":"2019-09-16T10:21:30.713-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-09-16T10:21:30.787-04:00","updated_at":"2019-09-17T14:35:16.891-04:00","filename_hash":"hardland_insights_6aee82v.png","width":1200,"height":570},"filename":"urban-land-institute-atlanta-recognizes-john-h-harland-boys-girls-club","meta_data_id":null,"published":true,"token":"YbDbng","created_at":"2019-09-16T10:22:56.563-04:00","updated_at":"2019-09-17T14:35:16.846-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n As part of its 25th-anniversary celebration, the Urban Land Institute (ULI) Atlanta honored the John H. Harland Boys \u0026amp; Girls Club: The Innovation \u0026amp; Expression Studio with its Excellence in Civic/Institutional Development Award.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAs part of its 25th-anniversary celebration, the Urban Land Institute (ULI) Atlanta honored the John H. Harland Boys \u0026amp; Girls Club: The Innovation \u0026amp; Expression Studio with its Excellence in Civic/Institutional Development Award. Atlanta Emerging Markets, Inc. (AEMI) supported the project, a two-story 25,143-square-foot art- and innovation-focused Boys \u0026amp; Girls Club, with a New Markets Tax Credit allocation.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe ULI Atlanta Awards recognize\u0026nbsp;outstanding Atlanta area projects that exemplify the ULI\u0026rsquo;s mission to provide \u0026ldquo;leadership in the responsible use of land and in creating and sustaining thriving communities.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe John H. Harland Boys \u0026amp; Girls Club: The Innovation \u0026amp; Expression Studio\u0026nbsp;replaced an underutilized and outdated Boys \u0026amp; Girls Club on the same land. The Harland T.I.E.S Club includes an art studio, maker space, teen loft, and spoken word caf\u0026eacute;, teaching kitchen and gym. The project is located in the West End, and serves the Washington cluster of Atlanta Public Schools, along with multiple public charter schools, with after-school programming.\u003c/p\u003e\r\n\r\n\u003cp\u003eConstruction began in 2018 on the first-ever Boys \u0026amp; Girls Club focused on the arts in the nation. This club is part of a national study supported by the Wallace Foundation focused on exploring how high-quality arts programs can drive positive developmental outcomes for youth.\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. AEMI 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\r\n\u003cp\u003eOther 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\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":293,"title":"Woodson Park Academy, YMCA \u0026 Health Clinic Breaks Ground in Grove Park","promo_title":"Woodson Park Academy, YMCA \u0026 Health Clinic Breaks Ground in Grove Park","published_date":"2019-09-16","featured_image":{"id":995,"parent_id":5,"resource_file_name":"woodson_park_insights.png","resource_content_type":"image/png","resource_file_size":1455239,"resource_updated_at":"2019-09-16T10:06:46.678-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-09-16T10:06:46.761-04:00","updated_at":"2019-09-17T14:36:29.317-04:00","filename_hash":"woodson_park_insights_lpYYBxQ.png","width":1092,"height":575},"filename":"woodson-park-academy-ymca-health-clinic-breaks-ground-in-grove-park","meta_data_id":null,"published":true,"token":"OohC7g","created_at":"2019-09-16T10:07:00.692-04:00","updated_at":"2019-09-17T14:36:29.275-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta Emerging Markets, Inc. recently celebrated another investment in high-quality education for the Westside and bright futures for children on this side of the city.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Emerging Markets, Inc. recently celebrated another investment in high-quality education for the Westside and bright futures for children on this side of the city. Many community and financial partners came together to provide the resources to make Woodson Park Academy a reality and a symbol of opportunity, empowerment, and equity for Grove Park.\u0026nbsp;AEMI\u0026rsquo;s New Markets Tax Credit program supported Woodson Park academy with a $15 million allocation.\u003c/p\u003e\r\n\r\n\u003cp\u003eWoodson Park Academy will be a 115,000-square-foot, 900-seat K-8 public school serving 900 students. KIPP Metro Atlanta to operate the neighborhood school, which will be open to all students in the Woodson Park Academy zone.\u0026nbsp;The 23,000-square-foot YMCA and 2,500-square-foot community health facility be a beacon for brighter futures, as well as a community and neighborhood hub and a central component of larger revitalization and economic mobility effort in Grove Park and Westside neighborhoods.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eIt will also help to further activate the Donald Lee Hallowell commercial corridor. The academy is expected to provide 120 jobs and includes a $37 million capital investment \u0026ndash; which, in turn, will make a $52.1 million economic impact for the community.\u003c/p\u003e\r\n\r\n\u003cp\u003eA project like this is rooted in inclusive development and economic mobility meant to ensure that economic resources are provided to communities where they can make a meaningful and even life-changing difference for residents.\u0026nbsp;With support from APS, YMCA, Grove Park Foundation, KIPP, Purpose Built Communities, SunTrust, Bank of America and Atlanta Emerging Markets, this facility is a model, not only in Atlanta but nationally, for what can be accomplished when best-in-class partners come together to make a positive, lasting impact for 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":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":292,"title":"Atlanta Youth Academy Expansion Will Serve Southside Students","promo_title":"Atlanta Youth Academy Expansion Will Serve Southside Students","published_date":"2019-09-10","featured_image":{"id":994,"parent_id":5,"resource_file_name":"aya_insights.png","resource_content_type":"image/png","resource_file_size":1266282,"resource_updated_at":"2019-09-16T09:50:43.648-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-09-16T09:50:43.927-04:00","updated_at":"2019-09-16T09:52:13.802-04:00","filename_hash":"aya_insights_7JvvE3L.png","width":1200,"height":635},"filename":"atlanta-youth-academy-expansion-will-serve-southside-students","meta_data_id":null,"published":true,"token":"9EaFgQ","created_at":"2019-09-16T09:51:46.802-04:00","updated_at":"2019-09-16T09:52:13.757-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta Emerging Markets, Inc. closed on a $9MM NMTC transaction to support the Atlanta Youth Academy campus redevelopment and expansion project in Thomasville Heights.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Emerging Markets, Inc. closed on a $9MM NMTC transaction to support the Atlanta Youth Academy campus redevelopment and expansion project in Thomasville Heights.\u003c/p\u003e\r\n\r\n\u003cp\u003eWhen the Atlanta Youth Academy was founded in 1997 it had only one teacher and nine students.\u0026nbsp; Today, the school serves 150 students (Pre-K through 8th grade) and most students are from low-income, single-parent households with median annual incomes of under $24,000.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eOnly 64% of students from this income bracket graduate high school nationally, however 100% of AYA students graduate 8th grade and enroll in high school, 100% of AYA alumni graduate high school, and 93% matriculate to a 4-year college and 6% matriculate to a 2-year college.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe NMTC funding will allow Atlanta Youth Academy to increase their capacity to 225 students and replace their outdated facilities with a new campus that includes dedicated spaces for STEM and arts education.\u0026nbsp; In addition, they are redeveloping a blighted six-acre brownfield site that previously housed crime and drug-ridden industrial buildings.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eEducation is a key component to breaking the cycle of poverty and building wealth, and project will allow 75 additional students to receive a quality education and help stabilize blighted property in Atlanta\u0026rsquo;s southside.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAEMI partnered with SunTrust on the transaction.\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":289,"title":"Mayor Keisha Lance Bottoms, Invest Atlanta, and MARTA Open iVillage @ MLK","promo_title":"Mayor Bottoms, Invest Atlanta, and MARTA Open iVillage @ MLK","published_date":"2019-08-28","featured_image":{"id":988,"parent_id":5,"resource_file_name":"ivillage_insight.png","resource_content_type":"image/png","resource_file_size":1827833,"resource_updated_at":"2019-08-28T08:46:55.536-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-08-28T08:46:55.946-04:00","updated_at":"2019-08-28T08:47:29.954-04:00","filename_hash":"ivillage_insight_zmEDVRZ.png","width":1200,"height":707},"filename":"mayor-keisha-lance-bottoms-invest-atlanta-and-marta-open-ivillage-mlk","meta_data_id":null,"published":true,"token":"PqmpMg","created_at":"2019-08-28T08:47:29.911-04:00","updated_at":"2019-08-28T08:47:29.911-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The first shipping container village in the City of Atlanta provides space for small business and entrepreneurship adjacent to transit.\u003cbr /\u003e\r\n\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Keisha Lance Bottoms, Invest Atlanta, and MARTA announced the grand opening of the iVillage @ MLK. The project houses a mix of local entrepreneurs in innovative office space to help them launch businesses and test new ideas along the MLK Corridor. The iVillage @ MLK is the first shipping container village in the City of Atlanta and a model for future innovation spaces in the city.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nAnnounced in December 2017, iVillage @ MLK houses eight small businesses that are expected to create approximately 20-25 jobs along MLK Drive. The shipping container development is designed to give small businesses the opportunity to grow and scale in an underserved community. By providing an affordable, transit-oriented office and retail option for local entrepreneurs, iVillage @ MLK aims to create a unique, equitable opportunity for entrepreneurs who are interested in starting a business in the City of Atlanta.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;To build thriving neighborhoods, communities, and businesses throughout the city, we need to think creatively about how we utilize space and ensure it serves the needs of our neighborhoods and residents,\u0026rdquo; said Mayor Keisha Lance Bottoms. \u0026ldquo;The iVillage @ MLK is a great example of partners coming together to create a place that brings opportunity and vibrancy to this community. Entrepreneurs are a cornerstone of Atlanta\u0026rsquo;s business ecosystem, and we are excited to be providing an opportunity for them to grow and become job creators.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAlthough this is the first project of its kind in the City of Atlanta, container villages have been launched around the world. Cities including Las Vegas, London, Copenhagen, and San Francisco have developed container villages to create new, affordable retail or living space. Innovative developments like these around the world have been successful in not only economic growth, but also creating a greater sense of place within communities.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The iVillage @ MLK is more than a new place for small businesses to locate, it is part of a larger strategy to bring economic investment and equity to key commercial corridors throughout the city,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO at Invest Atlanta. \u0026ldquo;Locating the iVillage @ MLK within the community and adjacent to rapid transit creates a sense of place and connectivity for residents and iVillage tenants alike. It exemplifies how we can work in partnership to create economic opportunities and places where entrepreneurs can build their dreams.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eiVillage @ MLK is part of the City of Atlanta\u0026rsquo;s larger effort to continue investing in Westside communities, especially along the MLK Drive Corridor. In 2016, the city was awarded a $10 million TIGER grant from the U.S. Department of Transportation to help improve MLK Drive. That grant is part of a $22.7 million effort to improve mobility and increase access to transit, employment centers, and services along MLK.\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 MLK Corridor\n\u003c/span\u003e\n"},{"id":286,"title":"Brownfield Clean-Up Loan Approved for Pullman Yard ","promo_title":"Brownfield Clean-Up Loan Approved for Pullman Yard ","published_date":"2019-08-16","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":"brownfield-clean-up-loan-approved-for-pullman-yard","meta_data_id":null,"published":true,"token":"cidwew","created_at":"2019-08-15T13:42:55.981-04:00","updated_at":"2019-08-16T15:41:16.626-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n ​The Invest Atlanta Board of Directors approved a loan of up to $950,000 from the Brownfield Clean-up Revolving Loan Fund that will finance the environmental remediation of the Pullman Yard site.\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 a loan of up to $950,000 from the Brownfield Clean-up Revolving Loan Fund that will finance the environmental remediation of the Pullman Yard site.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce the clean-up is\u0026nbsp;complete, Atomic Entertainment will begin work on renovating the historic Pullman Yard into a mixed-use entertainment district with a film stages, hotel, office space, restaurants, retail, greenspace, and live performance space.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAtomic Entertainment purchased the site in the Kirkwood neighborhood from the Georgia Building Authority in 2017. The $125 million project will create approximately 260 new jobs, including many in the film and entertainment industry, and generate $179.8 million in economic impact.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 27-acre site 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 late 1980s and early 1990s, the site was severely underused, and for the last 30 years it has been inactive.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe BCRLF will provide clean-up of the contaminated sites. The Environmental Protection Agency (EPA) has reviewed and approved the clean plan.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe City of Atlanta\u0026rsquo;s Brownfields Program started in 1996. Since then, the City has managed several programs and initiatives aimed at identifying, assessing and remediating brownfield sites throughout the city. Invest Atlanta oversees the Brownfield RLF program, and the board has recently approved loans for cleanup in the Southwest Atlanta BeltLine Trail corridor, as well as on properties located along Moores Mill Road NW and Cascade Avenue SW.\u003c/p\u003e\r\n\r\n\u003cp\u003eA brownfield is a real property whose expansion, redevelopment, or reuse may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. Examples include former industrial sites, gas stations, dry cleaning establishments, and other industrial uses. Atlantic Station and the Atlanta BeltLine are two examples of successful brownfield cleanup and redevelopment projects in the City of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn June of 2018, the U.S. Environmental Protection Agency (EPA) announced $500,000 in supplemental funding to assist the City of Atlanta in cleaning up contaminated brownfield properties. The EPA provided a total of $15.7 million in funding to 33 other existing Brownfield Revolving Loan Fund (RLF) grantees, helping Atlanta and other communities around the country carry out cleanup and redevelopment projects.\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":288,"title":"Financing for More Than 300 Affordable Housing Units Approved by IA Board","promo_title":"Financing for More Than 300 Affordable Housing Units Approved by IA Board","published_date":"2019-08-16","featured_image":{"id":982,"parent_id":5,"resource_file_name":"peachtree_senior_insight.png","resource_content_type":"image/png","resource_file_size":1187995,"resource_updated_at":"2019-08-16T15:38:58.662-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-08-16T15:38:58.797-04:00","updated_at":"2019-08-16T15:40:42.579-04:00","filename_hash":"peachtree_senior_insight_wj6DRjx.png","width":1200,"height":669},"filename":"financing-for-more-than-300-affordable-housing-units-approved-by-ia-board","meta_data_id":null,"published":true,"token":"k0TpoA","created_at":"2019-08-16T15:40:42.543-04:00","updated_at":"2019-08-16T15:40:42.543-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board approved bond resolutions to support the financing of two affordable housing developments.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board approved bond resolutions to support the financing of two affordable housing developments. Hartland Station will be a new multifamily housing community in the Sylvan Hills neighborhood with 110 units of affordable housing at 60% average AMI. The board also approved a tax-exempt bond resolution to rehabilitate Peachtree Road Senior Tower, a 196-unit affordable living facility for seniors and young disabled residents.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eHartland Station\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eHartland Station will be a 110-unit modern garden-style 3-story community aimed at revitalizing the Metropolitan Parkway corridor and becoming an asset to the Sylvan Hills neighborhood. This community will be equipped with several amenities including a business center, picnic area, tot lots and exercise room. The Urban Residential Finance Authority (URFA) Board approved an $18.8 million tax-exempt loan and a $1.5 million Housing Opportunity Bond multifamily loan for the development.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003ePeachtree Road Senior Tower\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe URFA Board approved $14.5 million in tax-exempt bond financing for the 196-unit Peachtree Road Senior Tower in the Peachtree/Collier neighborhood. All the units will be available to residents at 60% AMI. \u0026nbsp;This will involve the rehabilitation of an existing public housing tower serving seniors and young disabled individuals.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe renovation and rehab budget is focused on meeting key property needs\u0026nbsp;in accordance with the \u003ca href=\"https://www.hud.gov/RAD\"\u003eRental Assistance Demonstration (RAD) program\u003c/a\u003e to preserve and improve public housing properties. Most of the work focused on the mechanical system and energy efficiency improvements. Interior in-unit work will be limited to new kitchen cabinets, flooring, new paint, and new bathtubs. Common area work will involve a complete redo of all interior hallways and elevator lobbies. These combined improvements will improve the life expectancy of the building while lowering operating costs and the buildings carbon footprint.\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":287,"title":"New Andrew Young At-Promise Center to Provide Opportunities for Atlanta Youth ","promo_title":"New Andrew Young At-Promise Center to Provide Opportunities for Atlanta Youth ","published_date":"2019-08-15","featured_image":{"id":981,"parent_id":5,"resource_file_name":"promise_center_insight.png","resource_content_type":"image/png","resource_file_size":1305700,"resource_updated_at":"2019-08-15T13:46:00.065-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2019-08-15T13:46:00.139-04:00","updated_at":"2019-08-15T16:21:43.788-04:00","filename_hash":"promise_center_insight_npmeqQq.png","width":1200,"height":641},"filename":"new-andrew-young-at-promise-center-to-provide-opportunities-for-atlanta-youth","meta_data_id":null,"published":true,"token":"nni10Q","created_at":"2019-08-15T13:46:55.699-04:00","updated_at":"2019-08-15T16:21:43.768-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors approved a $1 million grant from the Campbellton Road Tax Allocation District (TAD) to support the construction of the Andrew Young At-Promise Center.\u0026nbsp;\u003cbr /\u003e\r\n\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 a $1 million grant from the Campbellton Road Tax Allocation District (TAD) to support the construction of the Andrew Young At-Promise Center.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe At-Promise Youth and Community Center will be a 15,000 square foot state-of-the-art learning and community facility located on the campus of the existing Walter and Andrew Young YMCA. It will house specialized services for youth and be a gathering place for residents, group activities and other purposes.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe facility will allow community stakeholders such as the Boys and Girl Clubs, Chris 180, Police Athletic, Street Smart Youth Project, and the Urban League to counsel at-risk youth and prevent further community crime. Funding for the facility will also come from the Coca-Cola and SunTrust Foundations.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Center is envisioned as a place that provides youth with positive opportunities to view police and public institutions as partners and to have full access to an excellent education, premier health and social services and a community untroubled by violence. Teens in at-risk communities have a higher likelihood of being involved in criminal activity; in fact, last year, more than 50% of the crime in Atlanta was committed by juveniles.\u003c/p\u003e\r\n\r\n\u003cp\u003eWithin the At-Promise Center, the Atlanta Police Foundation (APF)\u0026nbsp;has created a collaborative community hub where youth receive personalized and comprehensive intervention plans within one facility. APF engages leading youth service providers and experts to operate within the Center to provide wrap-around services. This form of intervention and diversion provides officers with an alternative youth arrest.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe At-Promise Initiative also creates an avenue of prevention for teens considered at-risk for committing crimes. It is designed to set youth on a safer path to a brighter future. The first At-Promise Center opened its doors in the English Avenue neighborhood in August of 2017. The Center has served about 400 youth from the community, far exceeding expectations. The second At-Promise Center will be located on Metropolitan Parkway.\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":283,"title":"Atlanta Part of Rockefeller Foundation’s Opportunity Zone Community Capacity Building Initiative","promo_title":"Atlanta Part of Rockefeller Foundation’s Opportunity Zone Community Capacity Building Initiative","published_date":"2019-08-01","featured_image":{"id":939,"parent_id":5,"resource_file_name":"foz_event_2.png","resource_content_type":"image/png","resource_file_size":1222085,"resource_updated_at":"2019-08-01T14:00:11.851-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-08-01T14:00:11.921-04:00","updated_at":"2019-08-02T14:22:48.190-04:00","filename_hash":"foz_event_2_kbmvg6y.png","width":1200,"height":593},"filename":"atlanta-named-newest-city-in-rockefeller-foundations-opportunity-zone-community-capacity-building-initiative","meta_data_id":null,"published":true,"token":"0TYDsQ","created_at":"2019-08-01T14:01:24.795-04:00","updated_at":"2019-08-02T14:22:48.152-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Keisha Lance Bottoms announced Atlanta will become the second city to participate in The Rockefeller Foundation\u0026rsquo;s Opportunity Zone Community Capacity Building Initiative. The initiative, which launched in May 2019, aims to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Keisha Lance Bottoms announced Atlanta will become the second city to participate in The Rockefeller Foundation\u0026rsquo;s Opportunity Zone Community Capacity Building Initiative. The initiative, which launched in May 2019, aims to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Opportunity Zones are an exciting new tool for building economic development in underserved communities,\u0026rdquo; said Mayor Bottoms. \u0026ldquo;These grants will help guide us as we implement the program to maximize the benefits of job creation and neighborhood improvement in the most vulnerable areas of our city. Thank you to the Rockefeller Foundation for this commitment that will advance equity citywide, as we continue to build One Atlanta, and provide a level playing field for all.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAtlanta, which has more than 82,000 residents living in 26 designated Opportunity Zones, will receive $920,000 in grants and supportive services, including a $400,000 grant to establish and fund a Chief Opportunity Zone Officer embedded in Invest Atlanta, the City of Atlanta\u0026rsquo;s economic development authority. Funding will also support the placement of two AmeriCorps VISTA (Volunteers In Service To America) members who will facilitate community involvement in proposed Opportunity Zone projects and businesses; and technical assistance to help develop project pipelines that balance the interests of investors with those of existing community members.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Opportunity Zones are the first federal incentive for community development in 15 years and a unique opportunity to leverage private capital to help achieve Atlanta\u0026rsquo;s economic and community development goals,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;Invest Atlanta has been a first mover in the city with Opportunity Zones and partnerships with the Rockefeller Foundation and Cities of Service will help us further the goal of bringing meaningful investment and greater equity to our communities.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;As the wealth gap in the United States continues to widen, we recognize how a zip code impacts the economic opportunities for a community and its residents,\u0026rdquo; said Dr. Rajiv J. Shah, President of the Rockefeller Foundation. \u0026ldquo;Atlanta has shown strong commitment to ensuring investment in its Opportunity Zones are designed with the most vulnerable in mind, and we are pleased to provide additional support to ultimately lift up these communities by enabling new pathways to economic mobility.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Rockefeller Foundation also announced it will award a $600,000 grant to Cities of Service, an independent nonprofit organization that helps mayors build stronger, more vibrant cities by changing the way local government and citizens work together. Cities of Service will provide Atlanta and five other cities participating in the Foundation\u0026rsquo;s Opportunity Zones initiative with technical assistance and two AmeriCorps VISTA members who will lead and manage community engagement efforts in each city. Through this effort, Cites of Service will help selected cities achieve positive economic and social outcomes for their communities through community-informed Opportunity Zone efforts.\u003c/p\u003e\r\n\r\n\u003cp\u003eFor more information about Opportunity Zones in the City of Atlanta, including development projects seeking investment, visit \u003ca href=\"http://www.atlopportunityzones.com\"\u003ewww.atlopportunityzones.com\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 Southside\n\u003c/span\u003e\n"},{"id":285,"title":"Invest Atlanta Staff Provides National Affordable Housing Advocacy and Thought Leadership","promo_title":"Invest Atlanta Staff Provides National Affordable Housing Advocacy and Thought Leadership","published_date":"2019-07-30","featured_image":{"id":978,"parent_id":5,"resource_file_name":"dawn_housing_event.png","resource_content_type":"image/png","resource_file_size":1757772,"resource_updated_at":"2019-08-12T10:15:53.326-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-08-12T10:15:53.504-04:00","updated_at":"2019-08-12T10:17:25.996-04:00","filename_hash":"dawn_housing_event_QgljJQ2.png","width":1200,"height":838},"filename":"invest-atlanta-staff-provides-national-affordable-housing-advocacy-and-thought-leadership","meta_data_id":null,"published":true,"token":"Jv6u_A","created_at":"2019-08-12T10:16:05.674-04:00","updated_at":"2019-08-12T10:17:25.961-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Several members of Invest Atlanta\u0026rsquo;s Community Development team featured prominently in regional and national events on affordable housing policy.\u0026nbsp;\u003cbr /\u003e\r\n\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eSeveral members of Invest Atlanta\u0026rsquo;s Community Development team featured prominently in regional and national events on affordable housing policy.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eThe National Association of Local Housing Finance Agencies (NALHFA) Trip to DC\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta Chief Operating Officer Dawn Arnold serves as NALHFA Vice President, and in July she joined other members of the organization on a trip to Washington, DC to meet with Congressional offices to discuss critically important affordable housing issues.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe first meeting was with Matt Jones, a Senate majority Banking Committee staffer, to discuss Chairman Mike Crapo\u0026rsquo;s (R-ID) GSE Reform package that came out earlier this spring and the Committee\u0026rsquo;s recent GSE hearings.\u003c/p\u003e\r\n\r\n\u003cp\u003eNALHFA then met with Congresswoman Patricia Murphy\u0026rsquo;s (D-FL-7) office to talk about enhancing the Low Income Housing Tax Credit Program by urging her to sign on as a cosponsor to the recent reintroduction of H.R. 3077, the Affordable Housing Credit Improvement Act 2019 (AHCIA).\u003c/p\u003e\r\n\r\n\u003cp\u003eNALHFA again advocated for the AHCIA with Representative Drew Ferguson (R-GA-3), who was excited to learn more about all of the rural housing provisions in the legislation, and to have an in-depth discussion with Arnold about the situation in the state of Georgia.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eNALHFA was excited to have the opportunity to visit senior officials at the Federal Housing Finance Agency (FHFA) to share its 2019 Legislative and Regulatory Priorities. They discussed several issues, including the enhancement of the Low Income Housing Tax Credit with Members of Congress and GSE Reform.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eHUD Region IV Emerging Strategies to Affordable Housing Expo\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eArnold,\u0026nbsp;\u0026nbsp;Invest Atlanta Senior Vice President of Community Development Alan Ferguso, and Opportunity Zones \u0026amp; Special Initiatives Manager Ed Smith\u0026nbsp;joined over 350 non-profit leaders, public housing authority directors, developers and financial partners at the region\u0026#39;s inaugural Emerging Strategies in Affordable Housing Expo in Atlanta. They gathered to discuss affordable housing policy and to share best practices concerning innovative methodologies to address the affordable housing crisis.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026quot;What brings us together today is a joint mission and mutual understanding that our nation faces an affordable housing crisis and needs leadership, innovation and expertise if we are to help bring about meaningful affordable housing policy change that provides hope for those we mutually serve,\u0026quot; said Region IV Administrator Denise Cleveland Leggett, who hosted the event and welcomed attendees. \u0026quot;Today, we are gathered here to develop a real vision of shared understanding, characterized by tangible approaches for what is truly possible when leaders of conscience gather, roll up their sleeves, and commit to work and not give up.\u0026quot;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Region IV Emerging Strategies to Affordable Housing Expo was a two-day event at the Atlanta Marriott Buckhead Hotel and Conference Center focused on increasing awareness of the range of housing strategies available in affordable housing.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eArnold joined Dr. Troy Nash to discuss how best to leverage public-private partnerships, while Ferguson shared best practices from his experience supporting affordable housing developments in the City of Atlanta. Smith discussed shovel-ready projects the in City of Atlanta\u0026#39;s 26 Federal Opportunity Zones, social impact investing and more valuable\u0026nbsp;information.\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":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":281,"title":"Invest Atlanta Supports Hundreds of Affordable Rental Units \u0026 For-Sale Homes","promo_title":"Invest Atlanta Supports Hundreds of Affordable Rental Units \u0026 For-Sale Homes","published_date":"2019-07-20","featured_image":{"id":932,"parent_id":5,"resource_file_name":"east_medinah.png","resource_content_type":"image/png","resource_file_size":1419229,"resource_updated_at":"2019-07-20T07:27:52.956-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-07-20T07:27:53.395-04:00","updated_at":"2022-03-16T13:40:58.250-04:00","filename_hash":"east_medinah_bzmn4aN.png","width":1077,"height":661},"filename":"invest-atlanta-supports-hundreds-of-affordable-multifamily-senior-housing-units","meta_data_id":null,"published":true,"token":"0Rwlkw","created_at":"2019-07-20T07:29:05.550-04:00","updated_at":"2022-03-16T13:40:58.169-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt their monthly meeting, Invest Atlanta took the first step toward supporting several affordable housing developments. The Board approved support for three major projects, which when complete will provide 305 units of multifamily affordable housing units, 124 for seniors, and 23 affordable single-family homes.\u003c/p\u003e\r\n\r\n\u003cp\u003eContinuing to support new and strategic solutions to address Atlanta\u0026rsquo;s affordable housing needs remains a top priority for Invest Atlanta. All residents should have access to safe, quality, affordable housing, and these actions were another step in the right direction. Invest Atlanta continues to make significant progress toward our affordable housing goals, as we move closer to achieving our vision for One Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eTrue Light Haven Senior\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Board approved an inducement resolution to provide an $18 million tax-exempt loan for the construction of 124 units of high-quality senior affordable housing near the West Lake MARTA station. National Church Residences will provide holistic senior living services to ensure that each resident can remain independent by preserving their quality of life and creating a home for life.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eCity Views\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Board also approved a $27 million tax-exempt loan for City Views at Rosa Burney Park. The multifamily development will preserve and rehabilitate 154 units set aside for families earning 60% AMI or below. For 127 of the units, residents will pay no more than 30% of their income.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eEast Medinah Village\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta Board approved $27 million in tax-exempt bonds and a $440,000 grant from the BeltLine Affordable Housing Trust Fund for East Medinah Village Phase I. This first of four phases, this development will bring 255 units of multifamily housing to Hank Aaron Drive in Peoplestown. All 255 units will be affordable, and 205 units will be set aside for households earning 60 percent AMI or below. Phase I of the development will also include approximately 25,000 square feet of retail space and parking.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eAtlanta Land Trust: 1091 Tucker Avenue\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe previous week,\u0026nbsp;the URFA Housing Committee approved a $920,000 grant from the BeltLine Affordable Housing Trust Fund to be used to support the construction of 23 affordable single-family homes in the Oakland City neighborhood. The development will include a mix of modular housing designed by Smith Dalia Architects and built by Oak Construction Group. The Atlanta Land Trust and Homeplace Solutions are leading the project, and all homes will be priced for families at 80% of AMI and below.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eMayor Keisha Lance Bottoms pledged to leverage $1 billion towards housing affordability to produce and preserve 20,000 units of affordable housing within the City of Atlanta by 2026. Through its various affordable housing strategies, Invest Atlanta continues to advocate for affordable housing in Atlanta as the city grows and serves as a primary objective of the agency.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eAn update to this project can be found \u003ca href=\"https://www.investatlanta.com/impact-insights/affordable-townhomes-coming-to-tucker-avenue\"\u003ehere\u003c/a\u003e.\u0026nbsp;\u003c/em\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 \n\u003c/span\u003e\n"},{"id":279,"title":"Atlanta BeltLine Eastside Trail Now Connects Atlanta From Midtown to Memorial","promo_title":"Atlanta BeltLine Eastside Trail Now Connects Atlanta From Midtown to Memorial","published_date":"2019-07-16","featured_image":{"id":927,"parent_id":5,"resource_file_name":"beltline_trail.png","resource_content_type":"image/png","resource_file_size":1769227,"resource_updated_at":"2019-07-16T09:39:15.231-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-07-16T09:39:15.366-04:00","updated_at":"2019-07-16T09:40:58.059-04:00","filename_hash":"beltline_trail_kbmLZky.png","width":1200,"height":634},"filename":"atlanta-beltline-eastside-trail-now-connects-atlanta-from-midtown-to-memorial","meta_data_id":null,"published":true,"token":"qer7EQ","created_at":"2019-07-16T09:39:32.447-04:00","updated_at":"2019-07-16T09:40:58.024-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n At a ribbon-cutting ceremony on Thursday, July 11, Mayor Keisha Lance Bottoms and the Atlanta BeltLine celebrated the\u0026nbsp;\u003ca href=\"https://beltline.org/event/eastside-trail-ribbon-cutting-ceremony/\"\u003eofficial opening\u003c/a\u003e\u0026nbsp;of the portion of the Eastside Trail connecting with Memorial Drive.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt a ribbon-cutting ceremony on Thursday, July 11, Mayor Keisha Lance Bottoms and the Atlanta BeltLine celebrated the \u003ca href=\"https://beltline.org/event/eastside-trail-ribbon-cutting-ceremony/\"\u003eofficial opening\u003c/a\u003e of the portion of the Eastside Trail connecting with Memorial Drive.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;It is a very exciting day that we have now connected Midtown all the way to Memorial Drive,\u0026rdquo; said Atlanta Beltline, Inc. CEO Clyde Higgs. \u0026quot;That is a big deal, a big, big deal. Please know that ABI does not advance\u0026nbsp;the Beltline in a solo, or alone. It is truly with our partners that this is possible.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;With this connectivity, it really is creating one community for us,\u0026rdquo; said Mayor Keisha Lance Bottoms. \u0026ldquo;As a native of Atlanta, I am very fortunate to see this transformation and to be a part of this transformation.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eShe added: \u0026ldquo;To look at what\u0026rsquo;s happening in our city in just 10 short years is nothing short of amazing. It\u0026rsquo;s not happenstance\u0026mdash;it\u0026rsquo;s because of great leaders, like our school board, it\u0026rsquo;s because of great partnerships with Fulton County, it\u0026rsquo;s because of leadership of our philanthropic partners and our corporate partners. And we recognize we are all a piece of a puzzle that\u0026rsquo;s creating this amazing city.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I want to thank the community,\u0026rdquo; said Councilmember Natalyn Archibong. \u0026ldquo;We\u0026rsquo;re standing in Council District 5 And I want to welcome constituents and friends, stakeholders, those who are in love with Atlanta as we all are sitting up here today. The journey continues. We are fixed to our course, and I am so grateful to all of you.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Atlanta BeltLine will ultimately connect 45 intown neighborhoods via a 22-mile loop of multi-use trails, modern streetcar, and parks, all based on railroad corridors that formerly encircled Atlanta. The Atlanta BeltLine also supports affordable workforce housing, economic development, job creation, public health, streetscapes, public art, environmental clean-up, and historic preservation, all with an eye towards sustainability.\u003c/p\u003e\r\n\r\n\u003cp\u003eAs of 2019, the Atlanta BeltLine consists of five open trails and seven parks that welcome nearly 2 million visitors each year. More than $4.1 billion has been generated in private economic redevelopment. In May, the Atlanta BeltLine announced its largest budget for affordable housing at\u0026nbsp;$11.9 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 Eastside\n\u003c/span\u003e\n"},{"id":275,"title":"Mayor Keisha Lance Bottoms Releases Housing Affordability Action Plan","promo_title":"Mayor Keisha Lance Bottoms Releases Housing Affordability Action Plan","published_date":"2019-06-25","featured_image":{"id":919,"parent_id":5,"resource_file_name":"housing_plan_insights.png","resource_content_type":"image/png","resource_file_size":1567893,"resource_updated_at":"2019-06-25T09:54:12.839-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-06-25T09:54:12.970-04:00","updated_at":"2019-06-25T09:58:49.458-04:00","filename_hash":"housing_plan_insights_DNX5Wno.png","width":1200,"height":523},"filename":"mayor-keisha-lance-bottoms-releases-housing-affordability-action-plan","meta_data_id":null,"published":true,"token":"F2KVsA","created_at":"2019-06-25T09:58:49.422-04:00","updated_at":"2019-06-25T09:58:49.422-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Keisha Lance Bottoms released the City of Atlanta Housing Affordability Action Plan \u0026ndash; a roadmap to increase the supply of housing in the City of Atlanta for a full spectrum of residents.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Keisha Lance Bottoms released the City of Atlanta Housing Affordability Action Plan, a roadmap to increase the supply of housing in the City of Atlanta for a full spectrum of residents.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Affordability is the foundation of any livable and thriving community,\u0026rdquo; said Mayor Bottoms. \u0026ldquo;Creating and preserving affordable housing is critical to the future of all those who call Atlanta home. For too many residents, their zip code determines their opportunities. This action plan is a vision for a more equitable city where each Atlantan has access to quality, and safe affordable housing. As our city continues to grow, we want to ensure neighborhoods in the north, south, east, and Westside remain welcoming and inclusive places for all.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 45-action oriented plan aims to substantially increase the number of Atlanta residents who can afford their housing costs. The Plan represents a collaborative and shared effort from multiple City agencies--including Invest Atlanta--and a diverse group of non-profits, philanthropic organizations, faith-based organizations, educational institutions, private companies, residents, and community members who came together under the banner of House ATL to develop recommendations that are critical to the future of housing in Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe plan entails 13 initiatives based on four key goals:\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eCreate or preserve 20,000 a\u0026shy;ffordable homes by 2026 and increase overall supply\u003c/em\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e1. Leverage vacant public land for housing\u003c/p\u003e\r\n\r\n\u003cp\u003e2. Create and expand housing affordability tools\u003c/p\u003e\r\n\r\n\u003cp\u003e3. Revise the zoning code\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eInvest $1 billion from public, private, and philanthropic sources in the production and preservation of aff\u0026shy;ordable housing\u003c/em\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e4. Maximize existing funding sources\u003c/p\u003e\r\n\r\n\u003cp\u003e5. Develop new funding sources\u003c/p\u003e\r\n\r\n\u003cp\u003e6. Increase philanthropic and private investment in affordable housing\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eEnsure equitable growth for all Atlantans and minimize displacement\u003c/em\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e7. Prevent involuntary displacement\u003c/p\u003e\r\n\r\n\u003cp\u003e8. Explore the expansion of property tax programs for the creation and preservation of affordable housing\u003c/p\u003e\r\n\r\n\u003cp\u003e9. Expand awareness of and increase participation in housing affordability programs\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eSupport innovation and streamline processes\u003c/em\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e10. Establish a Housing Innovation Lab\u003c/p\u003e\r\n\r\n\u003cp\u003e11. Continually improve building and zoning codes\u003c/p\u003e\r\n\r\n\u003cp\u003e12. Improve our system for developing and delivering affordable housing\u003c/p\u003e\r\n\r\n\u003cp\u003e13. Enhance community engagement\u003c/p\u003e\r\n\r\n\u003cp\u003eDuring the release of the Action Plan, the City of Atlanta and affordable housing developers Atlanta Neighborhood Development Partnership (ANDP) and Laurel Street Residential broke ground on Creekside at Adamsville Place, a new rental community designed to address the affordable housing needs in the City of Atlanta. The $27.6M, 147-unit development will offer rental rates affordable to families with incomes at 30%, 60%, and 80% of area median income.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;How to tackle affordability and meaningfully address inequality are at the forefront for every major American city,\u0026rdquo; said Sarah Kirsch, Executive Director of the Urban Land Institute. \u0026ldquo;Although the problem is significant and accelerating in Atlanta, the data suggests we have a window in time to make a difference. That is why the City\u0026rsquo;s Housing Affordability Action Plan is so important. It comes at a critical time, creating a playbook for us to work together to achieve our goals of creating and preserving 20,000+ affordable homes by 2026. The approach of unlocking existing resources, particularly publicly owned land, while lining up new policies and funding is ambitious but achievable. The partners in HouseATL look forward to working alongside the City to make this reality, working toward a thriving city for all.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eFinancing for the project includes tax-exempt bond financing\u0026nbsp;from Invest Atlanta, and\u0026nbsp;4% Low-Income Housing Tax Credits from Georgia Department of Community Affairs. Red Capital is providing first mortgage financing for the project. RBC Bank is the Federal and State equity investor.\u003c/p\u003e\r\n\r\n\u003cp\u003eVisit the City of Atlanta \u003ca href=\"https://www.atlantaga.gov/government/mayor-s-office/projects-and-initiatives/housing-affordability-action-plan\"\u003eAffordable Housing Website\u003c/a\u003e to read the full plan and learn more about programming, policies, and initiatives.\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":274,"title":"Invest Atlanta Board Supports Financing for 150 New Affordable Housing Units","promo_title":"Invest Atlanta Board Supports Financing for 150 New Affordable Housing Units","published_date":"2019-06-20","featured_image":{"id":917,"parent_id":5,"resource_file_name":"dlh_insight.png","resource_content_type":"image/png","resource_file_size":584607,"resource_updated_at":"2019-06-20T09:41:37.236-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-06-20T09:41:37.315-04:00","updated_at":"2019-07-11T14:58:35.941-04:00","filename_hash":"dlh_insight_QgXllLE.png","width":1320,"height":597},"filename":"invest-atlanta-board-supports-financing-for-150-new-affordable-housing-units","meta_data_id":null,"published":true,"token":"yx6mlQ","created_at":"2019-06-20T09:42:23.936-04:00","updated_at":"2019-07-11T14:58:35.905-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n At its monthly meeting, Mayor Keisha Lance Bottoms and the Invest Atlanta Board of Directors supported the creation of 150 affordable rental units in the Grove Park and Center Hill neighborhoods.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt its monthly meeting, Mayor Keisha Lance Bottoms and the Invest Atlanta Board of Directors supported the creation of 150 affordable rental units in the Grove Park and Center Hill neighborhoods.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta Board approved $15 million in tax-exempt bond financing and $1 million in Hollowell/MLK TAD Grant funding for construction of new a multifamily development along Donald Lee Hollowell Parkway. The development will contain 150 affordable units, with 130 units set aside for households earning 60 percent AMI or below.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition, the developer intends to reserve 10 percent of the units for young adults who are aging out of the foster care system.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe developer, Vecino Group, has a history of creating affordable housing developments across the United States, and the development will be one of its first projects in Georgia. In addition to affordable housing, the development will include space for urban farming, an amphitheater, artists gallery, a recording studio, and 10,000 square feet of retail space. Vecino Group is currently working with the Center Hill Neighborhood Association to gain insight and feedback on ideas for community-focused retail.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I\u0026rsquo;m also very pleased with the project,\u0026rdquo; said IA Board Member Bill Bozarth. \u0026ldquo;It\u0026rsquo;s design, when you look at the whole package, has a number of items that are very innovative.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eMayor Keisha Lance Bottoms pledged to leverage $1 billion towards housing affordability to produce and preserve 20,000 units of affordable housing within the City of Atlanta by 2026. Through its various affordable housing strategies, Invest Atlanta continues to advocate for affordable housing in Atlanta as the city grows and serves as a primary objective of the agency.\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":273,"title":"Atlanta Drives the Conversation Around Equitable Federal Opportunity Zone Investment ","promo_title":"Atlanta Driving the Conversation Around Equitable Federal Opportunity Zone Investment ","published_date":"2019-06-12","featured_image":{"id":913,"parent_id":5,"resource_file_name":"foz_event.png","resource_content_type":"image/png","resource_file_size":1226697,"resource_updated_at":"2019-06-12T14:46:57.415-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-06-12T14:46:57.549-04:00","updated_at":"2019-06-13T10:06:09.232-04:00","filename_hash":"foz_event_8mk1aR2.png","width":1200,"height":619},"filename":"atlanta-drives-the-conversation-around-equitable-federal-opportunity-zone-investment","meta_data_id":null,"published":true,"token":"FVw0aQ","created_at":"2019-06-12T14:47:13.046-04:00","updated_at":"2019-06-13T10:06:09.184-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta has been a first mover and thought leader when it comes to driving the conversation about an effective\u0026nbsp;Federal Opportunity Zone development strategy.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta has been a first mover and thought leader when it comes to driving the conversation about an effective\u0026nbsp;Federal Opportunity Zone development strategy. The City of Atlanta is at the forefront of examining how to maximize the program\u0026#39;s\u0026nbsp;potential for equity, neighborhood revitalization, affordable housing, business development, and living wage job creation in our communities.\u003c/p\u003e\r\n\r\n\u003cp\u003eFederal Opportunity Zones are the first federal economic and community development tool to launch since the New Markets Tax Credits program 15 years ago. This new program provides an opportunity to drive private investment into neighborhoods in Atlanta\u0026rsquo;s 26 Opportunity Zones, located primarily in the south and southwest areas of the city. Many of Invest Atlanta\u0026rsquo;s incentives can be layered with Opportunity Zone investments to deliver additional economic benefits to the city and its residents.\u003c/p\u003e\r\n\r\n\u003cp\u003eDr. Edward Smith has gotten off to a running start as our very first Opportunity Zones and Special Initiatives Manager. In this role, Dr. Smith is developing and leading the Invest Atlanta strategy\u0026nbsp;for connecting qualified investors to place-based initiatives, development projects, and businesses seeking investment capital located within the City of Atlanta\u0026rsquo;s Federal Opportunity Zones.\u003c/p\u003e\r\n\r\n\u003cp\u003eRecently, Invest Atlanta has partnered with other local organizations to host two informative events. On May 23, 2019 at Southface, Invest Atlanta and the Atlanta Wealth Building Initiative brought in financial and development experts for a Federal Opportunity Zone Forum for Entrepreneurs. Speakers included Alicia Reeves of AWBI; Dr. Shireda P. Howard, Managing Director, Diversified Financial Management Group, Inc.; Will Lambe, Director of Capital Solutions, Enterprise Community Investments, Inc.; and Dale Royal, Executive Director, Local Initiatives Support Corporation (LISC). A packed house heard a spirited discussion on the benefits of Opportunity Zones for residents and businesses, and best practices for mobilizing capital to invest in small businesses located in underserved markets.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nOn June 4, 2019, Invest Atlanta hosted a Federal Opportunity Zone Empowerment Forum at the MET Atlanta in Southwest Atlanta. Two panels of experts covered different aspects of the new tools. The audience heard from organizations including Invest Atlanta, HUD, Impact Fund, Community Reinvestment Fund, Urban League, UGA Small Business Development Center, and the Georgia Tech Minority Business Development Center.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe City of Atlanta also recently published an \u003ca href=\"https://www.investatlanta.com/assets/city_of_atlanta_oz_prospectus_2019_1ORmaZa.pdf\"\u003eOpportunity Zone Prospectus\u003c/a\u003e to educate potential investors about Atlanta\u0026rsquo;s economy, economic development tools, and the demographics and opportunities within each Opportunity Zone. Within Atlanta\u0026rsquo;s Opportunity Zones, the City and its economic development partners, including Central Atlanta Progress, The Arthur M. Blank Family Foundation, and Invest Atlanta, have identified a diverse set of investment opportunities within commercial real estate and operating businesses.\u003c/p\u003e\r\n\r\n\u003cp\u003eLooking ahead, Invest Atlanta will continue to push a proactive strategy of connecting qualified investors to place-based initiatives, development projects, and businesses seeking investment capital located within the City of Atlanta\u0026rsquo;s Federal Opportunity Zones.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe primary focus will be to facilitate and streamline the connection process between investors and projects within Atlanta\u0026rsquo;s Opportunity Zones and ensure that Atlanta is well positioned for investments in catalytic projects that can make a significant social and economic impact for the city.\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":271,"title":"Newly Rehabbed Wheat Street Towers Reopens to Atlanta Seniors","promo_title":"Newly Rehabbed Wheat Street Towers Reopens to Atlanta Seniors","published_date":"2019-06-03","featured_image":{"id":911,"parent_id":5,"resource_file_name":"wheat_street_ribbon.png","resource_content_type":"image/png","resource_file_size":1665267,"resource_updated_at":"2019-06-03T11:02:46.171-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-06-03T11:02:46.265-04:00","updated_at":"2019-06-03T11:03:35.637-04:00","filename_hash":"wheat_street_ribbon_KDX1Rqv.png","width":1200,"height":769},"filename":"newly-rehabbed-wheat-street-towers-reopens-to-atlanta-seniors","meta_data_id":null,"published":true,"token":"K6C-IQ","created_at":"2019-06-03T11:03:35.592-04:00","updated_at":"2019-06-03T11:03:35.592-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n A ribbon-cutting ceremony marked the completion of the $24 million renovation project of 210 affordable units for seniors in the Sweet Auburn Historic District.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eA ribbon-cutting ceremony marked the completion of the $24 million renovation project of 210 affordable units for seniors in the Sweet Auburn Historic District.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Urban Residential Finance Authority (URFA) supported the acquisition, rehabilitation, preservation of the residential complex through a $12.5 million bond financing. As Atlanta Daily World reported, the development is the \u0026quot;\u003ca href=\"https://atlantadailyworld.com/2017/07/03/wheat-street-baptist-nations-first-church-based-senior-high-rise-gets-green-light-for-24m-renovation-project/#.WVzakkjP5KU.twitter\"\u003enation\u0026rsquo;s first\u003c/a\u003e federally funded, church-sponsored affordable senior high rise,\u0026quot; and these upgrades will allow\u0026nbsp;Wheat Street Charitable Foundation to continue to pursue its mission at this development for years to come.\u003c/p\u003e\r\n\r\n\u003cp\u003eWheat Street Towers is available to seniors earning 60% Average Median Income (AMI). The existing Housing Assistance Payments Contract means residents will pay no more than 30% of their income. Residents will live in updated residences, with access to amenities like a business center, fitness center, and a central laundry.\u003c/p\u003e\r\n\r\n\u003cp\u003eMembers of the Invest Atlanta team were at the ceremony alongside the Benoit Group, Wheat Street Charitable Foundation, Dorchester Management, and others.\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":269,"title":"Co-Living Model Provides New Pathway to Affordable Housing","promo_title":"Co-Living Model Provides New Pathway to Affordable Housing","published_date":"2019-05-16","featured_image":{"id":902,"parent_id":5,"resource_file_name":"memorial_coliving_v2.png","resource_content_type":"image/png","resource_file_size":1412542,"resource_updated_at":"2019-05-16T14:19:24.077-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-05-16T14:19:24.155-04:00","updated_at":"2019-05-21T11:54:51.917-04:00","filename_hash":"memorial_coliving_v2_1OLjmVw.png","width":1200,"height":618},"filename":"new-co-living-model-provides-new-pathway-to-affordable-housing","meta_data_id":null,"published":true,"token":"_8Qr1A","created_at":"2019-05-16T14:20:16.403-04:00","updated_at":"2019-05-21T11:54:51.854-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors, under the leadership of Mayor Keisha Lance Bottoms, approved support for two new co-living developments. This marks the first time IA has supported this type of co-living development, which offers a new solution for the creation of new affordable housing in Atlanta.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors, under the leadership of Mayor Keisha Lance Bottoms, approved support for two new co-living developments. This marks the first time IA has supported this type of co-living development, which offers a new solution for the creation of new affordable housing in Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Board approved $22 million lease-purchase bond financing for the construction of 176 multifamily housing at the 1061 Memorial development. Twenty-seven of the units (15% of the total) will be restricted to\u0026nbsp;80% AMI.\u0026nbsp;In addition, the Board approved $32 million lease-purchase bond financing for Englewood, a 250-unit multifamily housing development in the Chosewood Park community. Thirty-eight of the units will be restricted to those earning 80% AMI or below.\u003c/p\u003e\r\n\r\n\u003cp\u003eWhile all 426 units are projected to be affordable to those earning 80% AMI or below, 65 of the units will be restricted as affordable workforce housing to comply to the City of Atlanta\u0026rsquo;s inclusionary zoning policy. This policy requires new developments within the Atlanta BeltLine Overlay District to restrict 15% of the units at 80% Area Median Income (AMI) or 10% of the units at 60% AMI. (Current HUD income limits can be found \u003ca href=\"https://www.investatlanta.com/developers/opportunities-incentives/residential-housing-incentives\"\u003ehere\u003c/a\u003e.)\u003c/p\u003e\r\n\r\n\u003cp\u003eCo-Living is a modern, high-quality approach that is meant to serve the over 25 million American adults who currently live with roommates. Co-Living offers those who can\u0026#39;t afford to live alone in a studio\u0026nbsp;a better experience than the typical roommate share (whether sharing with friends or sharing with strangers via Craigslist). The co-living model provides residents with a private bedroom, a stocked shared kitchen, weekly cleaning services, free laundry, and communal living spaces.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We\u0026rsquo;ve been working here in Atlanta on market-rate affordable housing\u0026nbsp;for the last 10 years or so,\u0026rdquo; said Derrick Barker of the developer Civitas. \u0026ldquo;We are doing anything we can to harness market forces to build more affordable units.\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":270,"title":"345-Unit Ascent Peachtree to Rise Up Above Parking Garage ","promo_title":"345-Unit Ascent Peachtree to Rise Up Above Parking Garage ","published_date":"2019-05-15","featured_image":{"id":903,"parent_id":5,"resource_file_name":"ascent_insight_mc.png","resource_content_type":"image/png","resource_file_size":1257266,"resource_updated_at":"2019-05-20T08:55:39.561-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-05-20T08:55:39.816-04:00","updated_at":"2019-07-11T15:01:08.833-04:00","filename_hash":"ascent_insight_mc_XJmRBm5.png","width":1200,"height":537},"filename":"345-unit-ascent-peachtree-to-rise-up-above-parking-garage","meta_data_id":null,"published":true,"token":"8sfCvg","created_at":"2019-05-20T08:55:57.842-04:00","updated_at":"2019-05-21T11:55:17.066-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta, the City of Atlanta,\u0026nbsp;Banyan Street Capital, and Greystar gathered to break ground on\u0026nbsp;Ascent Peachtree, a multifamily project in Downtown Atlanta atop an existing parking garage. The $125 million project will bring 345 residential units, including 70 workforce units, to the city\u0026rsquo;s business core.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta, the City of Atlanta, Banyan Street Capital and Greystar gathered to break ground on\u0026nbsp;Ascent Peachtree, a multifamily project in Downtown Atlanta atop an existing parking garage. The $125 million project will bring 345 residential units, including 70 workforce units, to the city\u0026rsquo;s business core.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This project is so exciting because we are able to create affordable housing out of thin air, literally,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;161 Peachtree Center Avenue\u0026rsquo;s innovative adaptation of an existing parking structure adds density within the city\u0026rsquo;s Downtown core and provides affordable housing near job centers, amenities and transit nodes. This transformative project is expected to create more than 150 new jobs and make a $165 million economic impact on the city.\u003c/p\u003e\r\n\r\n\u003cp\u003eWith more than 154,000 daytime workers in Downtown Atlanta and 13,600 housing units, the project is focused on filling the residential vacancy the downtown market is experiencing by providing rental properties at a sustainable rate. Twenty percent of the units within the project will be set aside for residents earning 80% of the area median income or less, providing the opportunity for more people to live near major employment centers and transit.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Ascent Peachtree will be one of the most transit-oriented residential projects in Atlanta, offering easy access to the Peachtree Center MARTA station, a MARTA express bus stop and an Atlanta Streetcar stop, as well as direct frontage on the Peachtree Center Avenue bike lane.\u0026nbsp; Ascent Peachtree will also be one of the most amenity-rich projects in Atlanta, with walkability to over 50 restaurant options at Peachtree Center\u0026rsquo;s The Hub, as well as a variety of retail and restaurant amenities along the Peachtree Street corridor,\u0026rdquo; said John Roberson, Managing Director of Development for Greystar.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 29-story, high-rise project will be located at Downtown Atlanta\u0026rsquo;s epicenter for commerce. Ascent Peachtree will feature unrivaled views with lowest level units starting on Level 11. The mix of floor plans will include studios, one, two and three-bedrooms apartment homes ranging in size from 680 square feet to 2,380 square feet. Featured amenities will include a resort-style swimming pool, outdoor entertainment space and rooftop lounge.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eFocused on the continued investment in Downtown Atlanta, Invest Atlanta has partnered with Banyan Street Capital and Greystar, providing a $9 million loan from Atlanta\u0026rsquo;s Eastside Tax Allocation District to ensure that 70 units within the project will be allocated for workforce housing, as well as providing a lease-purchase bond financing for the project.\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 Downtown\n\u003c/span\u003e\n"},{"id":264,"title":"Mayor Bottoms Announces $60 Million in Funding for Affordable Housing","promo_title":"Mayor Bottoms Announces $60 Million in Funding for Affordable Housing","published_date":"2019-04-26","featured_image":{"id":879,"parent_id":5,"resource_file_name":"mayor_final.png","resource_content_type":"image/png","resource_file_size":1105645,"resource_updated_at":"2019-05-02T10:33:43.455-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-05-02T10:33:43.592-04:00","updated_at":"2021-03-24T16:17:21.066-04:00","filename_hash":"mayor_final_YBmnyNm.png","width":1200,"height":535},"filename":"mayor-bottoms-announces-60-million-in-funding-for-affordable-housing","meta_data_id":null,"published":true,"token":"PQ5-Iw","created_at":"2019-04-26T09:02:10.745-04:00","updated_at":"2019-07-11T15:02:30.461-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Keisha Lance Bottoms, in partnership with Atlanta Housing and Invest Atlanta,\u0026nbsp;announced $60 million in new spending for affordable housing projects.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp style=\"color: rgb(38, 38, 38); font-family: Arial; font-size: 16px; text-align: justify;\"\u003eMayor Keisha Lance Bottoms, in partnership with Atlanta Housing and Invest Atlanta, announced $60 million in new spending for affordable housing projects. The new funds were approved by Atlanta Housing Board of Commissioners at a meeting on Wednesday, April 24. The funds are projected to create and preserve more than 2,000 new affordable housing units in the city of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp style=\"color: rgb(38, 38, 38); font-family: Arial; font-size: 16px; text-align: justify;\"\u003eMayor Bottoms has pledged to leverage $1 billion towards housing affordability to produce and preserve 20,000 units of affordable housing within the city of Atlanta by 2026. With this new funding, the Bottoms Administration has reached 20 percent of this goal to deliver a range of new affordable housing units and programing.\u003c/p\u003e\r\n\r\n\u003cp style=\"color: rgb(38, 38, 38); font-family: Arial; font-size: 16px; text-align: justify;\"\u003eThe new funds will be used to build units, preserve existing affordable units and spur community revitalization through investment in new or existing multifamily developments and rehabilitation of owner-occupied single-family homes. These funds will be used to develop quality affordable housing in the City of Atlanta through co-investment funds with Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp style=\"color: rgb(38, 38, 38); font-family: Arial; font-size: 16px; text-align: justify;\"\u003e\u0026quot;This is a prime example of what can happen when government, the private sector, and our nonprofit partners join together for the common good,\u0026quot;\u0026nbsp;said Mayor Bottoms. \u0026quot;Today represents the new era of cooperation among our public and private partners that will help Atlanta remain a place where working families, and residents at all income levels, can afford to live and build their dreams as we become One Atlanta.\u0026quot;\u003c/p\u003e\r\n\r\n\u003cp style=\"color: rgb(38, 38, 38); font-family: Arial; font-size: 16px; text-align: justify;\"\u003e\u0026quot;This historic collaboration between the City of Atlanta, Invest Atlanta and Atlanta Housing shows that by working together, we can accomplish the mayor\u0026#39;s goal of creating $1 billion in affordable housing,\u0026quot; said Dr. Christopher Edwards, chairman of the AH Board of Commissioners.\u003c/p\u003e\r\n\r\n\u003cp style=\"color: rgb(38, 38, 38); font-family: Arial; font-size: 16px; text-align: justify;\"\u003e\u0026quot;This new funding is the result of true inter-agency collaboration,\u0026quot; said Terri Lee, City of Atlanta Chief Housing Officer. \u0026quot;By creating new affordable housing mechanisms, and having a laser-like focus in identifying funding opportunities, we can continue to help make Atlanta a city that everyone can call home.\u0026quot;\u003c/p\u003e\r\n\r\n\u003cp style=\"color: rgb(38, 38, 38); font-family: Arial; font-size: 16px; text-align: justify;\"\u003e\u0026quot;We, along with our partners, are focused on providing more affordable housing units throughout the city,\u0026quot; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026quot;Funding injections like this one will add to our already expansive and robust affordable housing toolkit to ensure greater equity and economic mobility in the City of Atlanta.\u0026quot;\u003c/p\u003e\r\n\r\n\u003cp style=\"color: rgb(38, 38, 38); font-family: Arial; font-size: 16px; text-align: justify;\"\u003eThe funding will be used towards several new and ongoing affordable housing programs, such as:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli style=\"color: rgb(38, 38, 38); font-family: Arial; font-size: 16px; text-align: justify;\"\u003e\u003cstrong\u003eMultifamily Gap Financing\u003c/strong\u003e\u0026nbsp;to support for new construction and acquisition or rehabilitation of multifamily properties within the City of Atlanta for long-term affordability.\u003c/li\u003e\r\n\t\u003cli style=\"color: rgb(38, 38, 38); font-family: Arial; font-size: 16px; text-align: justify;\"\u003e\u003cstrong\u003eSmall Urban Infill Financing\u003c/strong\u003e\u0026nbsp;to provide funding for small multifamily properties less than 100 units and single-family infill development with mixed-income affordability.\u003c/li\u003e\r\n\t\u003cli style=\"color: rgb(38, 38, 38); font-family: Arial; font-size: 16px; text-align: justify;\"\u003e\u003cstrong\u003eHeritage Owner-Occupied Rehab Program\u003c/strong\u003e\u0026nbsp;$10 million allocation to the Heritage ORR Program, a joint effort from partners including Invest Atlanta, City of Atlanta, the Atlanta Housing Authority, Choice Atlanta, Synergy Real Estate, and several other organizations to help lower-income residents remain in their homes and avoid displacement.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp style=\"color: rgb(38, 38, 38); font-family: Arial; font-size: 16px; text-align: justify;\"\u003eThe City of Atlanta has worked closely with Invest Atlanta, Atlanta Housing, and the Atlanta Beltline on several recent affordable housing developments. These include the affordable senior housing developments The Remington, Gateway Capitol View, Legacy at Vine City, and the Madison Reynoldstown.\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":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":257,"title":"New Affordable Housing Developments Demonstrate Power of Partnerships","promo_title":"New Affordable Housing Developments Demonstrate Power of Partnerships","published_date":"2019-03-26","featured_image":{"id":846,"parent_id":5,"resource_file_name":"milton_mc.png","resource_content_type":"image/png","resource_file_size":914872,"resource_updated_at":"2019-03-26T16:19:06.807-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-03-26T16:19:06.939-04:00","updated_at":"2019-07-11T15:04:43.713-04:00","filename_hash":"milton_mc_6abenrq.png","width":1200,"height":536},"filename":"new-affordable-housing-developments-demonstrate-power-of-partnerships","meta_data_id":null,"published":true,"token":"bbrsHA","created_at":"2019-03-26T16:19:57.200-04:00","updated_at":"2019-03-27T10:18:17.724-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Last week at its monthly meeting, the Invest Atlanta Board of Directors supported the preservation or creation of 288 multifamily rental housing units, 232 of which will be available to those earning 60 percent of Area Median Income (AMI) or below.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eLast week at its monthly meeting, the Invest Atlanta Board of Directors supported the preservation or creation of 288 multifamily rental housing units, 232 of which will be available to those earning 60 percent of Area Median Income (AMI) or below.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Board approved support from tax-exempt bond financing and the Atlanta BeltLine Affordable Housing Trust Fund for two large multifamily developments\u0026mdash;Madison Reynoldstown and 55 Milton\u0026mdash;both of which sit along the Atlanta BeltLine. Another item receiving approval allowed for the negotiation of a long-term ground lease that will allow the Westside Future Fund to redevelop four properties into 36 units of quality, affordable housing.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;When we work together to tackle key issues like affordable housing, great things can happen,\u0026rdquo; said Mayor Bottoms. \u0026ldquo;Ensuring that more people in the City of Atlanta have access to safe, quality, affordable housing is a major component of our One Atlanta vision. Our actions represent another step in the right direction, and I am looking forward to increasing Atlanta\u0026rsquo;s affordable housing inventory as the year progresses.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Today\u0026rsquo;s actions to create and preserve affordable housing in the City of Atlanta demonstrate the power of partnerships,\u0026rdquo; said Terri Lee, Chief Housing Officer, City of Atlanta. \u0026ldquo;Under the leadership of Mayor Bottoms, we are working alongside Invest Atlanta, the Atlanta BeltLine, Atlanta Housing, Westside Future Fund and others to achieve long-term affordability for more of our residents. It\u0026rsquo;s particularly important for us to support developments with this kind of income mix in areas where a lot of development is happening, such as Memorial Drive and the Atlanta BeltLine.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eWestside Neighborhoods\u003c/strong\u003e\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nOver the last four years, Invest Atlanta has acquired vacant properties in Westside with the intent to preserve and create affordable housing in these neighborhoods. The Invest Atlanta Board authorized the negotiation of a long-term ground lease with Westside Future Fund on four properties to allow for the complete renovation of 20 units and new construction of up to 16 units of affordable rental housing.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe long-term lease partnership structure between Invest Atlanta and the Westside Future Fund will ensure a greater level of affordability for a longer duration on these properties. Once complete, 36 units will be available to households with incomes from 30 percent to 60 percent AMI, in perpetuity.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Rapidly accelerating affordable housing development across income levels requires a coordinated approach from the City, agencies and our partners,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;We need to continually challenge ourselves and our partners to find new approaches to addressing this issue and fully leverage our available resources. With these board items, Invest Atlanta has facilitated the creation of more than 1,200 affordable housing units since 2018 as part Mayor Bottoms\u0026#39; affordable housing strategy.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMadison Reynoldstown\u003c/strong\u003e\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe Invest Atlanta Board approved $17 million in tax-exempt bond financing and a $2 million grant from the BeltLine Affordable Housing Trust Fund to finance the construction of Madison Reynoldstown, which will sit along Memorial Drive with direct frontage to the Atlanta BeltLine Eastside Trail. The 116-unit multifamily development will have 78 units set aside for those earning 60 percent AMI or below with remaining units available up to 80 percent of AMI.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe partnership on this property is a unique one with Atlanta Housing, who will acquire the site from Atlanta BeltLine and ground lease it to Rea Ventures Group to develop. AHA is also providing $8.5 million in financing and the property will have 46 HomeFlex units that allow tenants to pay no more than 30 percent of their income on rent.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThis development represents an important opportunity to preserve affordability along Memorial Drive and shows a path forward in the collective approach to achieving affordability on the Atlanta BeltLine, with private and public partners all playing different roles.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We are glad to support the City\u0026rsquo;s vision in making strides toward a more equitable and inclusive Atlanta,\u0026rdquo; said Clyde Higgs, President and CEO of Atlanta BeltLine, Inc. \u0026ldquo;ABI and its partners are proactively securing affordability around future segments of the Atlanta BeltLine such as the Southside Trail, to ensure legacy residents can continue to thrive in their communities and benefit from the opportunities the Atlanta BeltLine brings.\u0026rdquo;\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\n\u003cstrong\u003e55 Milton\u003c/strong\u003e\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe Invest Atlanta Board approved $17.5 million in tax-exempt bond financing and $2 million in funding from the BeltLine Affordable Housing Trust Fund for 55 Milton, a 136-unit multifamily rental housing development that will have 118 units set aside for households earning 60 percent AMI or below. The affordable units will consist of a healthy mix of units for those restricted to the 40 percent, 60 percent and 80 percent AMI levels.\u003c/p\u003e\r\n\r\n\u003cp\u003e55 Milton will be located along the Atlanta BeltLine Southside Trail in the Peoplestown neighborhood.\u0026nbsp; The Prestwick Companies previously worked with Invest Atlanta on Gateway Capitol View, a 162-unit affordable senior housing rental development that opened last year in Southwest 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 \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":253,"title":"Invest Atlanta Launches NPU-V Small Business Improvement Grant Program","promo_title":"Invest Atlanta Launches NPU-V Small Business Improvement Grant Program","published_date":"2019-03-11","featured_image":{"id":835,"parent_id":5,"resource_file_name":"npuv_sbig.png","resource_content_type":"image/png","resource_file_size":1099365,"resource_updated_at":"2019-03-15T12:52:13.712-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-03-15T12:52:13.787-04:00","updated_at":"2019-03-27T09:19:06.902-04:00","filename_hash":"npuv_sbig_OPBxzRQ.png","width":1200,"height":470},"filename":"invest-atlanta-launches-npu-v-small-business-improvement-grant-program","meta_data_id":null,"published":true,"token":"yYsvgg","created_at":"2019-03-15T12:53:52.543-04:00","updated_at":"2019-03-27T09:19:06.853-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The NPU-V Small Business Improvement Grant (NPU-V SBIG) program will help strengthen local businesses in certain neighborhoods located in Southwest Atlanta by providing grants toward improvements intended to make small businesses more attractive to customers.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe NPU-V Small Business Improvement Grant (NPU-V SBIG) program will help strengthen local businesses in certain neighborhoods located in Southwest Atlanta by providing grants toward improvements intended to make small businesses more attractive to customers.\u003c/p\u003e\r\n\r\n\u003cp\u003eQualified business or property owners in the Mechanicsville, Pittsburgh, and Summerhill neighborhoods can receive between $3,000 and $10,00 for eligible exterior and interior renovations. Applications are available \u003ca href=\"/businesses/small-businesses/npu-v-small-business-improvement-program\"\u003ehere\u003c/a\u003e and due May 3, 2019.\u003c/p\u003e\r\n\r\n\u003cp\u003eNPU-V SBIG aims to enhance the appearance of commercial areas in the neighborhoods of Mechanicsville, Pittsburgh, and Peoplestown to help new and established businesses attract customers and increase revenues, attract more businesses to the area, and build safer, more attractive and stable neighborhoods. The funding has been made available by the Annie E. Casey Foundation.\u003c/p\u003e\r\n\r\n\u003cp\u003eEligible applicants must be occupied by an operating business licensed by the City of Atlanta that have a minimum 3-year lease. A minimum of 50% of NPU-V SBIG funds must be used for exterior improvements to the property. Additional application requirements and eligible uses of funds can be found are located within the \u003ca href=\"https://www.investatlanta.com/assets/npu_v_sbig_application_jp9LWxV.pdf\"\u003eNPU-V SBIG guidelines and application\u003c/a\u003e.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe program is part of Invest Atlanta\u0026rsquo;s larger efforts in the City of Atlanta\u0026rsquo;s southside neighborhoods. The Campbellton Road Small Business Improvement Grant program assisted three small businesses along the southwest Atlanta commercial corridor. In addition, Invest Atlanta recently announced the hiring of Erika Smith as the Southside Community and Economic Development Manager. These announcements come after years of investing in these neighborhoods through our small business loan programs, multifamily housing financing, and homeownership incentives.\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":249,"title":"True Light Haven Development to Offer 124 New Affordable Housing Units for Seniors","promo_title":"True Light Haven Development to Offer 124 New Affordable Housing Units for Seniors","published_date":"2019-02-22","featured_image":{"id":824,"parent_id":5,"resource_file_name":"true_life_haven.png","resource_content_type":"image/png","resource_file_size":1308988,"resource_updated_at":"2019-02-22T10:36:58.040-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-02-22T10:36:58.128-05:00","updated_at":"2019-02-26T09:00:08.872-05:00","filename_hash":"true_life_haven_ZOB1eoo.png","width":1200,"height":723},"filename":"true-light-haven-development-to-offer-124-new-affordable-housing-units-for-seniors","meta_data_id":null,"published":true,"token":"JyKkKQ","created_at":"2019-02-22T10:38:53.801-05:00","updated_at":"2019-02-26T09:00:08.839-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Housing Committee approved $1.2 million in Housing Opportunity Bond financing for the construction of the 124-unit True Light Haven senior affordable housing development.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Housing Committee approved $1.2 million in Housing Opportunity Bond financing for the construction of the 124-unit True Light Haven senior affordable housing development. The Committee took action at their monthly meeting on Thursday, February 14, 2019.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eOf the units, 119 will be set aside for seniors 55-years-old and above earning 60% or below the Area Median Income (AMI), and 5 units will be rented to those earning 50% AMI or below.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eNational Church Residences, in partnership with True Light Baptist Church, is developing the project and will take a holistic approach to ensuring each resident can remain independent with a high quality of life.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Penelope Neighbors\u0026nbsp;is full of seniors, the area is about 95%\u0026nbsp;seniors,\u0026rdquo; said Derrick Jordan of National Church Residences. \u0026ldquo;What we\u0026rsquo;re going to do here in Atlanta, we have built a new system in the community. We have a service coordinator that will go up to 3-mile radius outside the community and help and assist seniors in that community.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce complete, the seniors living at True Life Haven will live near the West Lake MARTA station and have access to amenities including a fitness center, a business center with computer stations, a community garden,\u0026nbsp;and a central laundry facility.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta has worked with National Church Residencies before. IA provided $3.5 million in tax-exempt bond financing for the 62-unit Betmar Village senior affordable housing development in southwest Atlanta.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We thank you for helping the community,\u0026rdquo; said Bill Bozarth, Secretary of the Invest Atlanta Board of Directors. \u0026ldquo;You\u0026rsquo;ve done the right things, you\u0026rsquo;ve been working with the community, and we appreciate that.\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":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":240,"title":"Dr. Klementich Honored by Atlanta Commercial Board of Realtors","promo_title":"Dr. Klementich Honored by Atlanta Commercial Board of Realtors","published_date":"2018-12-30","featured_image":{"id":784,"parent_id":5,"resource_file_name":"acbr_eloisa_award.png","resource_content_type":"image/png","resource_file_size":918578,"resource_updated_at":"2019-01-17T11:38:07.338-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-01-17T11:38:07.402-05:00","updated_at":"2019-01-17T11:40:03.247-05:00","filename_hash":"acbr_eloisa_award_7JP4X5z.png","width":1030,"height":614},"filename":"dr-klementich-honored-by-atlanta-commercial-board-of-realtors","meta_data_id":null,"published":true,"token":"65zVlA","created_at":"2019-01-17T11:38:53.608-05:00","updated_at":"2019-01-17T11:40:03.216-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta President \u0026amp; CEO Dr. Eloisa Klementich was recently awarded the Henry H. Robinson Award by the Atlanta Commercial Board of Realtors (ACBR). Dr. Klementich received the honor at a ceremony held in December of 2018.\u003cbr /\u003e\r\n\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta President \u0026amp; CEO Dr. Eloisa Klementich was recently awarded the Henry H. Robinson Award by the Atlanta Commercial Board of Realtors (ACBR). Dr. Klementich received the honor at a ceremony held in December of 2018.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I can think of no one more deserving of this award than Eloisa Klementich,\u0026rdquo; said Chris Ahrenkiel, executive vice president of Selig Enterprises, and a member of the board of directors of Invest Atlanta and the Atlanta Commercial Board of Realtors (ACBR). \u0026ldquo;The major wins she\u0026rsquo;s had during her tenure include some of the most high-profile real estate deals and community development efforts the city of Atlanta has seen in decades.\u003c/p\u003e\r\n\r\n\u003cp\u003eHe added: \u0026ldquo;Throughout my time on the Invest Atlanta board of directors and in Atlanta\u0026rsquo;s real estate community, I have witnessed Eloisa\u0026rsquo;s tirelessness, tenacity, and resilience first-hand. Her dedication to Atlanta has left a mark on our city for generations to come.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eSince her appointment as CEO of Invest Atlanta in 2016, Dr. Klementich has overseen more than 1,500 economic and community development projects; facilitated the creation of more than 28,000 new jobs; created more than 3,000 affordable housing units; and brought $4.6 billion of new capital investment to the city \u0026ndash; efforts that have yielded a total of $10.3 billion in economic output. During her tenure, projects including NCR and Norfolk Southern headquarters have come to fruition, as well as the revitalization of Westside neighborhoods working with the Arthur M. Blank Family Foundation and other community partners, and helping finance new assets such as the Coda high-performance computing facility at Georgia Tech and the Emory Proton Therapy Center in Midtown.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I have never met anyone more hard-working than Eloisa,\u0026rdquo; said Kirk Rich, Avison Young Agency leasing principal, ACBR board director and awards committee member who served on the Invest Atlanta board for three years. \u0026ldquo;She has absolutely hit a home run with her leadership at Invest Atlanta.\u0026rdquo;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;During my time at Invest Atlanta, we have facilitated the creation of more than 44,000 direct jobs and $6.1 billion of new capital investment for the city \u0026ndash; but those are just numbers,\u0026rdquo; she said. \u0026ldquo;Seeing first-hand how our tools can change lives \u0026ndash; whether it\u0026rsquo;s providing affordable housing to families, facilitating the goal of homeownership or helping an entrepreneur realize their dream of starting a business \u0026ndash; is something I cherish and am proud to be a part of.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003ePhoto credit: KarenImages.com\u003c/em\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 \n\u003c/span\u003e\n"},{"id":236,"title":"Norfolk Southern Announces Headquarters Relocation to Atlanta","promo_title":"Norfolk Southern Announces Headquarters Relocation to Atlanta","published_date":"2018-12-13","featured_image":{"id":778,"parent_id":1,"resource_file_name":"norfolk_souther.jpg","resource_content_type":"image/jpeg","resource_file_size":171365,"resource_updated_at":"2018-12-13T12:00:22.557-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-12-13T12:00:22.598-05:00","updated_at":"2018-12-13T12:01:17.406-05:00","filename_hash":"norfolk_souther_KDKQElx.jpg","width":1500,"height":726},"filename":"norfolk-southern-announces-headquarters-relocation-to-atlanta","meta_data_id":null,"published":true,"token":"wIb0Lg","created_at":"2018-12-13T12:01:17.367-05:00","updated_at":"2018-12-13T12:01:17.367-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Governor Nathan Deal and Mayor Keisha Lance Bottoms announced that Norfolk Southern Corporation will relocate its headquarters from Virginia to Atlanta.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eGovernor Nathan Deal and Mayor Keisha Lance Bottoms announced that Norfolk Southern Corporation will relocate its headquarters from Virginia to Atlanta. Norfolk Southern is a premier transporter of coal, automotive, and industrial products and operates the most extensive intermodal network in the eastern United States.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;As a major hub for both transportation and innovation, Georgia is a fitting home for Norfolk Southern\u0026rsquo;s new headquarters,\u0026rdquo; said Deal. Norfolk Southern is purchasing property at 650 West Peachtree St. NW in Midtown and collaborating with Cousins Properties for development purposes. The company currently has existing operations in Midtown near the Woodruff Arts Center.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe new campus will house the company\u0026rsquo;s headquarters, dispatch operations, operations and service support center, crew management center, corridor operations offices, national customer service center, administrative functions, marketing department, and police communications center.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We are proud that another Fortune 500 company will make Atlanta its home,\u0026rdquo; said Bottoms. \u0026ldquo;Norfolk Southern\u0026rsquo;s decision to expand its current Atlanta operations and relocate its headquarters here is a testament to Atlanta\u0026rsquo;s thriving business community and talented workforce.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta collaborated with the Georgia Department of Economic Development, the Metro Atlanta Chamber, and Georgia Power to assist with the project. With this relocation, Norfolk Southern will create 850 new jobs, retain 2,025 jobs, and invest $575 million.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;As a city founded as the terminus of a railroad line, it means so much for Atlanta to have Norfolk Southern choose to locate their headquarters here,\u0026rdquo; said Dr. Eloisa Klementich, President \u0026amp; CEO of Invest Atlanta. \u0026ldquo;The estimated $811 million economic impact the company will bring to our city will create and retain jobs, attract investment, and further strengthen our position as a top-tier transportation and logistics hub.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eProgress on Norfolk Southern\u0026rsquo;s move to Atlanta has already commenced and will span the next several years as the new headquarters is constructed. More details about the project are expected during the first quarter of 2019.\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 Midtown\n\u003c/span\u003e\n"},{"id":234,"title":"Emory Proton Therapy Center Opens in Midtown","promo_title":"Emory Proton Therapy Center Opens in Midtown","published_date":"2018-12-10","featured_image":{"id":774,"parent_id":1,"resource_file_name":"ribbom_full03_1544457569_.jpg","resource_content_type":"image/jpg","resource_file_size":135823,"resource_updated_at":"2018-12-10T10:59:29.609-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-12-10T10:59:29.638-05:00","updated_at":"2018-12-10T11:02:42.238-05:00","filename_hash":"ribbom_full03_1544457569__mpgD1LR.jpg","width":1024,"height":486},"filename":"emory-proton-therapy-center-opens-in-midtown","meta_data_id":null,"published":true,"token":"GzlI7A","created_at":"2018-12-10T10:56:39.593-05:00","updated_at":"2018-12-10T10:59:38.817-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Emory Proton Therapy Center will create 128 jobs, a projected $500 million economic impact, and treat nearly 35,000 patients over the next 20 years.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Winship Cancer Institute held the grand opening of the Emory Proton Therapy Center on December 6 in Midtown. More than 150 special guests were in attendance to witness the ribbon cutting for this cutting-edge facility.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Emory Proton Therapy Center is approximately 170,000 square feet with three levels housing a cyclotron, treatment rooms, examinations rooms, and administrative space. The new facility will treat nearly 35,000 patients over the next 20 years and will further solidify the City of Atlanta\u0026rsquo;s reputation as a global healthcare destination.\u003c/p\u003e\r\n\r\n\u003cp\u003eProton therapy is a highly advanced form of radiation therapy that can provide cancer patients with fewer side effects and complications and an increased likelihood of superior outcomes in comparison to surgery, chemotherapy, and other conventional radiation therapy options. The first patient was treated at the Center on December 4.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta board unanimously 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 debt.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The support we received from Invest Atlanta, Dr. Klementich, Alan Ferguson, and their executive and senior leadership was absolutely tremendous,\u0026rdquo; said Steve Hicks, President \u0026amp; CEO of Provident Resources Group.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Center is a part of North Avenue\u0026rsquo;s expanding medical technology district and will bring 128 permanent medical jobs and a projected $500 million economic impact to Midtown. It is the first facility of its kind in Georgia and one of 25 in the United States.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe closest facility offering similar treatment was in Jacksonville, FL. Now, the Emory Proton Therapy Center is a more accessible option for local patients looking to receive advanced treatments for brain, spine, breast, and other types of cancer.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;On behalf of the City of Atlanta and the Invest Atlanta team, we are excited to have been a part of the economic impact that this will have on our city,\u0026rdquo; said Mayor Keisha Lance Bottoms. \u0026ldquo;But most importantly, we are excited to be a part of saving lives. We look forward to celebrating life, and longer lives, in the City of Atlanta.\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 Midtown\n\u003c/span\u003e\n"},{"id":235,"title":"Bisnow Names Eloisa Klementich \u0026 Dawn Luke Among 2018 Atlanta Power Women","promo_title":"Bisnow Names Eloisa Klementich \u0026 Dawn Luke Among 2018 Atlanta Power Women","published_date":"2018-11-29","featured_image":{"id":777,"parent_id":5,"resource_file_name":"dawn_bisnow_award.png","resource_content_type":"image/png","resource_file_size":1237973,"resource_updated_at":"2018-12-13T10:24:53.888-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-12-13T10:24:53.954-05:00","updated_at":"2018-12-20T12:50:35.609-05:00","filename_hash":"dawn_bisnow_award_r6vDmED.png","width":1000,"height":692},"filename":"bisnow-names-eloisa-dawn-among-2018-atlanta-power-women","meta_data_id":null,"published":true,"token":"DoZJcg","created_at":"2018-12-13T10:25:48.323-05:00","updated_at":"2018-12-20T12:50:35.574-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \u003cem\u003eBisnow\u003c/em\u003e named Dr. Eloisa Klementich, Invest Atlanta\u0026#39;s President \u0026amp; CEO, as well as Dawn Luke, Invest Atlanta\u0026#39;s Chief Operating Officer, as two of their \u003ca href=\"https://www.bisnow.com/events/atlanta/atlanta-power-women-2291\"\u003e2018 Atlanta Power Women\u003c/a\u003e at a ceremony on November 29.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003e\u003cem\u003eBisnow\u003c/em\u003e named Dr. Eloisa Klementich, Invest Atlanta\u0026#39;s President \u0026amp; CEO, as well as Dawn Luke, Invest Atlanta\u0026#39;s Chief Operating Officer, as two of their\u0026nbsp;\u003ca href=\"https://www.bisnow.com/events/atlanta/atlanta-power-women-2291\"\u003e2018 Atlanta Power Women\u003c/a\u003e\u0026nbsp;at a ceremony on November 29.\u0026nbsp;The honor recognizes our city\u0026#39;s top leaders in commercial real estate. Both Klementich \u0026amp; Luke answered a few quick questions about themselves for Bisnow:\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eHow do you describe your job to people who are not in the industry?\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eKLEMENTICH:\u0026nbsp;As the CEO of Invest Atlanta, the economic development arm for the city, I have the opportunity to oversee all the work we do to impact jobs, investment, and people\u0026rsquo;s quality of life in Atlanta.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eLUKE: My role as Invest Atlanta\u0026rsquo;s COO is to make sure the internal infrastructure is in place to manage the programs we oversee effectively. That includes our infrastructure and our HR services. This allows us to deploy our program teams to focus their efforts serving our residents through our job creation, affordable housing, and community development tools and initiatives.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eWhat is the biggest business problem you have faced and how did you solve it?\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eKLEMENTICH:\u0026nbsp;The biggest challenge I face is figuring out how to ensure our tools and programs meet the evolving needs of our businesses.\u003c/p\u003e\r\n\r\n\u003cp\u003eOne recent example of this was providing gap financing for businesses, specifically startups, who are now shifting from traditional office environments to shared workspaces. We realized that because our small business loan programs were tied to leases, we were limiting ourselves in how we could help the growing percentage of entrepreneurs in these spaces. Once we figured that out, we tweaked our loan guidelines so that we no longer tie them to a lease, and instead just require they be located within the City of Atlanta.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eLUKE: One of our biggest problems is information sharing. We\u0026rsquo;ve implemented a CRM system to be able to better share information internally and externally and to manage our clients.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe other challenge that we have is figuring out a strategic way to communicate about our work. We do so many great things and we have so many tools in our toolkit, it\u0026rsquo;s sometimes challenging to market those effectively. We\u0026rsquo;ve done that by making sure we have a strategic marketing plan for all our different audiences, including residents, small businesses, developers, and homeowners.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eWhat is one thing you think companies can do to address wage and gender inequality?\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eKLEMENTICH:\u0026nbsp;Companies first have to look and evaluate themselves with a fair and open set of eyes. To do this, they can bring in an outside expert to do a salary survey to ensure you are paying people fairly and competitively.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eLUKE: The first thing companies can do is to conduct a pay review to ensure their employees receive equal pay for equal work.\u003c/p\u003e\r\n\r\n\u003cp\u003eThey also should have policies and procedures in place that make it easier for both women and men to be workers and family caregivers. What often happens is that when a woman has a child or need to care for a sick family member, and they end up leaving the job market to go. These gaps in employment can hurt them down the road. Companies that offer paternity leave right away are sending a message that the husband can be part of that process too.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eWhat piece of advice do you give others entering the industry?\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eKLEMENTICH:\u0026nbsp;You have to love and be passionate about what you do. Because there\u0026rsquo;s going to be a lot of challenges, a lot of hurdles, and if you don\u0026rsquo;t have that passion and drive, you\u0026rsquo;re going to walk away. In this industry, you have to stay persistent if you want to accomplish something. In the end, if you\u0026rsquo;re passionate about what you do, you\u0026rsquo;ll be willing to push forward until you\u0026rsquo;ve reached your goals.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eLUKE: I tell them three things. First, they should have a passion for the work. Second, the need to commit fully to delivering value to their clients at all times. Third, they should never stop learning and working to improve.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eWhat do you do to unwind when you\u0026rsquo;re not working?\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eKLEMENTICH:\u0026nbsp;To unwind, I run. I run about a 5K, on my own, four times a week. It\u0026rsquo;s funny because my kids will sometimes notice I\u0026rsquo;m stressed and say to me, \u0026ldquo;Mom, do you think you need to go on a run?\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eLUKE: I spend time with my family and friends, especially my husband and daughter. I also take in football, both college and pro, any time I can. I love to watch the Falcons, and recently traveled to see my Falcons play the Saints in New Orleans.\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":232,"title":"Mayor Keisha Lance Bottoms and Invest Atlanta Announce New Resources to Assist Atlanta Small Businesses and Entrepreneurs","promo_title":"Mayor Keisha Lance Bottoms and Invest Atlanta Announce New Resources to Assist Atlanta Small Businesses and Entrepreneurs","published_date":"2018-11-29","featured_image":{"id":770,"parent_id":5,"resource_file_name":"southside_insight.png","resource_content_type":"image/png","resource_file_size":1540253,"resource_updated_at":"2018-11-29T14:30:18.021-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-11-29T14:30:18.104-05:00","updated_at":"2019-01-30T09:54:20.409-05:00","filename_hash":"southside_insight_ZO3g2ve.png","width":1252,"height":700},"filename":"mayor-keisha-lance-bottoms-and-invest-atlanta-announce-new-resources-to-assist-atlanta-small-businesses-and-entrepreneurs","meta_data_id":null,"published":true,"token":"Vt_dkA","created_at":"2018-11-29T14:31:39.188-05:00","updated_at":"2018-11-30T07:37:37.077-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Keisha Lance Bottoms and Invest Atlanta today announced the introduction of new resources to support Atlanta small businesses, including three programs focused on increasing business activity in Southside communities.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Keisha Lance Bottoms and Invest Atlanta\u0026nbsp;announced the introduction of new resources to support Atlanta small businesses, including three programs focused on increasing business activity in Southside communities. The new resources offered through Invest Atlanta and partner organizations will provide support to entrepreneurs and increase small business activity throughout the City of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Small businesses and entrepreneurs are the unsung heroes of Atlanta\u0026rsquo;s economy,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;To continue growing this vital sector, we need to\u0026nbsp; untap \u0026nbsp;and foster the economic potential of more Atlanta communities. Through these new tools, we are making it easier for people to achieve the dream of being a successful entrepreneur and creating greater economic prosperity for more Atlantans.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp align=\"left\"\u003eInvest Atlanta, with support from partnering organizations, will provide three new resources focused specifically on increasing entrepreneurship and businesses activity in Southside communities.\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eSouthside Community \u0026amp; Economic Development Manager\u003c/strong\u003e: A new Invest Atlanta staff position who will serve as a point person to drive economic activity and increase economic mobility of residents while preserving Southside communities.\u0026nbsp; The Southside Manager will leverage community development resources and economic development tools to support startups and small business growth, attract private sector investment, market the area to a mix of companies, and coordinate Invest Atlanta resources around targeted place-based activities occurring in the Southside. Invest Atlanta has named current staff person Erika Smith to the position.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp align=\"left\"\u003eOne of the first priorities for the Southside Community \u0026amp; Economic Development Manager is to work with strategic partners to develop and deploy resources to small businesses along the Campbellton Road corridor and in Atlanta\u0026rsquo;s Mechanicsville, Peoplestown, and Pittsburgh neighborhoods.\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eCampbellton Road Small Business Renovation Program: \u003c/strong\u003eA grant program for businesses located on Campbellton Road created in partnership with Wells Fargo and Rebuilding Together Atlanta, a national not-for-profit. The program will provide up to a $12,000 for interior renovation and equipment updates to small businesses located directly on the corridor. Applications are available and due by December 3, 2018.\u003c/li\u003e\r\n\t\u003cli align=\"left\"\u003e\u003cstrong\u003eSmall Business Improvement Grant for Mechanicsville, Pittsburgh \u0026amp; Peoplestown\u003c/strong\u003e: A grant program through Annie E. Casey Foundation providing up to $10,000 to small business owners and tenants to make exterior and interior improvements to their buildings. The program is in development and will be launching soon.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp align=\"left\"\u003eIn addition, Invest Atlanta recently launched \u003cstrong\u003eATLInBusiness,\u003c/strong\u003e a website to provide information on how to start and grow a business in the City of Atlanta. The site provides easy access to small business information, such as how to write a business plan, and resources available through the City of Atlanta, Invest Atlanta, the Small Business Administration and other organizations. ATLInBusiness was developed by Invest Atlanta in partnership with the City of Atlanta, the Women\u0026rsquo;s Entrepreneurship Initiative and Welcoming Atlanta and is accessible at \u003ca href=\"http://www.atlinbusiness.com/\"\u003ewww.atlinbusiness.com\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 Southside\n\u003c/span\u003e\n"},{"id":230,"title":"Invest Atlanta Hosts Federal Opportunity Zones Workshop","promo_title":"Invest Atlanta Hosts Federal Opportunity Zones Workshop","published_date":"2018-11-20","featured_image":{"id":745,"parent_id":5,"resource_file_name":"oz_workshop.png","resource_content_type":"image/png","resource_file_size":1087270,"resource_updated_at":"2018-11-20T09:43:55.606-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-11-20T09:43:55.734-05:00","updated_at":"2019-06-04T09:30:04.918-04:00","filename_hash":"oz_workshop_vl8LYJO.png","width":1200,"height":622},"filename":"invest-atlanta-hosts-federal-opportunity-zones-workshop","meta_data_id":null,"published":true,"token":"Fmjcqw","created_at":"2018-11-20T09:44:18.888-05:00","updated_at":"2018-11-20T09:48:28.284-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n On Thursday, November 15, Invest Atlanta hosted a learning session about Federal Opportunity Zones. This new program is a new tool the City of Atlanta can use to drive investment where it is needed most.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eOn Thursday, November 15, Invest Atlanta hosted a learning session about Federal Opportunity Zones. This new program is a new tool the City of Atlanta can use to drive investment where it is needed most.\u003c/p\u003e\r\n\r\n\u003cp\u003eThese new Federal Opportunity Zones represent the first new federal incentive for community development in 15 years, with\u0026nbsp;the potential to drive millions of dollars in private investment to support our businesses and economic growth. (Through the New Markets Tax Credit Program, the federal government\u0026rsquo;s last major community development effort, Atlanta Emerging Markets, Inc. (AEMI) has successfully guided over $200 million in investments to local neighborhoods.) The City of Atlanta has\u0026nbsp;\u003ca href=\"/federal-opportunity-zones\"\u003e27 Qualified Opportunity Zones\u003c/a\u003e, and Invest Atlanta played a critical role in recommending Census Tracts to\u0026nbsp;Governor Nathan Deal for selection.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe workshop is an important first step in Invest Atlanta\u0026rsquo;s efforts to connect eligible projects to Opportunity Zone investors. \u0026nbsp;Attendees were provided information to help them gain a greater understanding of what this new tax incentive offers and how to act. In attendance were several members of the Atlanta City Council, business owners, real estate developers, investors, and many other stakeholders. \u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe event featured two knowledgeable and engaging speakers. Brad Elphick is a Partner in the Atlanta office of Novogradac \u0026amp; Company, one of the nation\u0026rsquo;s leading accounting firms.\u0026nbsp;He specializes in developer consulting with an emphasis in community development financing programs. Ross Baird is President at Village Capital Group, a global leader in impact investing, who specializes in developing programs to provide venture capital for start-ups, technology businesses, and ventures that revitalize communities.\u003c/p\u003e\r\n\r\n\u003cp\u003eElphic gave a detailed overview of how the new Federal Opportunity Zones incentive works, while Baird provided insight on what Opportunity Zones investors see as good strategies to utilize this new incentive to achieve good outcomes.\u003c/p\u003e\r\n\r\n\u003cp\u003eTo learn more about our program, visit our Federal Opportunity Zones page \u003ca href=\"/federal-opportunity-zones\"\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 \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":229,"title":"Invest Atlanta and Partners Cut the Ribbon on Innovative Springview-Summerhill Affordable Housing Community","promo_title":"Invest Atlanta and Partners Cut the Ribbon on Innovative Springview-Summerhill Affordable Housing Community","published_date":"2018-11-08","featured_image":{"id":744,"parent_id":5,"resource_file_name":"springview_insight.png","resource_content_type":"image/png","resource_file_size":840670,"resource_updated_at":"2018-11-09T09:42:09.197-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-11-09T09:42:09.260-05:00","updated_at":"2018-11-09T09:43:28.019-05:00","filename_hash":"springview_insight_bzVVV5z.png","width":1000,"height":488},"filename":"invest-atlanta-and-partners-cut-the-ribbon-on-innovative-springview-summerhill-affordable-housing-community","meta_data_id":null,"published":true,"token":"lHicNQ","created_at":"2018-11-09T09:43:27.976-05:00","updated_at":"2018-11-09T09:43:27.976-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Springview, an affordable housing community located off the Cleveland Avenue corridor, is undergoing extensive improvements, including the implementation of education and community programs.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eLed by Invest Atlanta President and CEO Eloisa Klementich, housing and education leaders cut the ribbon at Springview Apartments Wed., Nov. 7. The paper-chain \u0026ldquo;ribbon\u0026rdquo; was made by students at nearby Cleveland Avenue ElementarySchool. Springview, an affordable housing community located off the Cleveland Avenue corridor, is undergoing extensive improvements, including the implementation of education and community programs.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The Springview-Summerdale community represents a unique collaboration between the public, private and philanthropic sectors,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;This holistic approach will provide residents with high-quality housing, as well as critically important wrap-around services including after-school, summer camp and wellness programs. We are proud to be part of this partnership that will lift up the individuals and families who reside here, as well as help build stronger communities that provide greater opportunities for all Atlantans.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eSpringview (and the neighboring Summerdale Apartments) were purchased this summer by TriStar, through its TriStar Community Impact Fund, with the support of Invest Atlanta and Atlanta Housing. The property received $1.5 million in funding from Invest Atlanta\u0026rsquo;s Housing Opportunity Bond program to renovate blighted units. The Atlanta Housing component is its HomeFlex Program, which is a project-based voucher program designed to provide affordable housing assistance to those living close to the poverty line. Its partnership will ensure long-term affordability at Summerdale and Springview.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Springview/Summerdale Apartments endeavor is part of Mayor Bottoms\u0026rsquo; larger goal of investing $1 billion from public and private sources to support affordable housing in Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 244-unit adjacent properties are situated off Cleveland Avenue in the City of Atlanta. The TriStar Community Impact Fund\u0026rsquo;s mission is to improve educational performance by reducing student transiency. It purchases apartments near high-need schools, stabilizing affordable housing communities by its mandate to keep rents affordable. The partner school in this effort is nearby Cleveland Avenue Elementary.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Cleveland Avenue Elementary School provides a supportive learning environment which fosters intellectual, social-emotional, and creative growth in order to prepare every student for college and career,\u0026rdquo; says Dr. Anye\u0026eacute; D. Payne, the school\u0026rsquo;s principal. \u0026ldquo;After-school and other services provided by non-profits like Star-C can help our students have an even greater chance for success.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eSpringview/Summerdale owner TriStar partners with Star-C, a non-profit education model with an affordable housing solution. Star-C programs assist economically disadvantaged families living in affordable housing communities by providing wraparound services ranging from after-school programs to healthcare. The apartment community\u0026rsquo;s owner contributes approximately 50 percent of the cost to operate Star-C programs; the remaining funds are sourced from foundations, donations and grants.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We know that wrap-around supports and family stability are critical factors that impact student learning and life outcomes,\u0026rdquo; says Atlanta Public Schools Superintendent Dr. Maria Carstarphen. \u0026ldquo;Organizations such as Star-C can have a positive impact for students and the community, and I am appreciative of the efforts to support our APS families.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition to Klementich, those on hand included Brandon Riddick-Seals, Interim CEO, Atlanta Housing; Tammie Workman, Assistant Superintendent, Student Services, Atlanta Public Schools; Duncan Gibbs and Marjy Stagmeier, Partners, TriStar Real Estate Investment; and a host of other community, housing and education leaders.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Sometimes overlooked is the important connection between education and housing, and the critical impact that housing has on the educational achievement of our children,\u0026rdquo; says Audrea Rease, Executive Director, Star-C. \u0026ldquo;With quality, affordable housing, student transiency can be reduced, and students can have improved educational outcomes. We\u0026rsquo;re ready to continue building partnerships to deploy this solution to more communities and schools across Metro Atlanta and beyond in order to promote this synergy.\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":224,"title":"Invest Atlanta Announces Atlanta’s First Transit-Oriented Development Fund","promo_title":"Invest Atlanta Announces Atlanta’s First Transit-Oriented Development Fund","published_date":"2018-10-17","featured_image":{"id":730,"parent_id":5,"resource_file_name":"king_memorial_tod_insight.png","resource_content_type":"image/png","resource_file_size":870278,"resource_updated_at":"2018-10-17T11:37:40.346-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-10-17T11:37:40.393-04:00","updated_at":"2018-10-17T11:39:48.592-04:00","filename_hash":"king_memorial_tod_insight_npXLK1E.png","width":1000,"height":477},"filename":"invest-atlanta-announces-atlantas-first-transit-oriented-development-fund","meta_data_id":null,"published":true,"token":"JVAuWQ","created_at":"2018-10-17T11:39:48.562-04:00","updated_at":"2018-10-17T11:39:48.562-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta recently announced the creation of a $15 million transit-oriented development (TOD) fund. This $15 million pilot fund will provide below-market, patient capital to support the acquisition and pre-development of workforce housing near MARTA stations, the Atlanta Streetcar, the Atlanta BeltLine and other modes of transit.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta recently announced the creation of a $15 million transit-oriented development (TOD) fund. This $15 million pilot fund will provide below-market, patient capital to support the acquisition and pre-development of workforce housing near MARTA stations, the Atlanta Streetcar, the Atlanta BeltLine and other modes of transit. The fund will include $4.5 million of City of Atlanta Housing Opportunity Bond financing with an additional $10.5 million from Enterprise Community Loan Fund and Low Income Investment Fund.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Every day, about 70 percent of our region commutes to a different county for work, which affects the productivity and economic output of our workforce,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;Lowering a worker\u0026rsquo;s commute time by just one hour per week can effectively increase that worker\u0026rsquo;s wages by almost $1,000 annually. If we can achieve this with just 20 percent of our workforce through investments like the transition-oriented development fund, we can inject an extra $460 million into our local economy.\u0026rdquo;\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nThe $15 million in revolving funds will be used to provide low-interest loans to non-profit and for-profit affordable housing real estate developers. This financing structure will enable developers to access capital for TOD projects at a lower cost than traditional financing options. The projects supported through the pilot program will serve as case studies to attract additional sources of capital to the fund in the future. Enterprise Community Loan Fund and Low Income Investment Fund have implemented similar funding mechanisms in other areas, including the San Francisco Bay Area, Seattle/Puget Sound and Denver.\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nThe recent approval of the final More MARTA plan will make Atlanta a more transit-oriented city. By creating more affordable living options near transit with direct accessibility to major employment centers, the TOD Fund will provide greater economic opportunity for more residents across the city.\u0026nbsp;\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nSome recent transit-oriented developments supported by the City of Atlanta through Invest Atlanta include:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eKing Memorial MARTA TOD: \u003c/strong\u003eA 385-unit modular multifamily community at the King Memorial MARTA station with 93 units income-restricted to households earning 80 percent of the area median income (AMI). The project included a $6 million Eastside Tax Allocation District (TAD) grant through Invest Atlanta to Place Properties to support the $64.5 million development.\u003c/li\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eEdgewood-Candler Park MARTA TOD: \u003c/strong\u003eA mixed-use development near the Edgewood-Candler Park MARTA Station with retail and 224 apartments, 34 of which are designated as workforce housing. Financing for the project included a $42.9 million lease-purchase bond transaction approved by the Invest Atlanta board.\u003c/li\u003e\r\n\t\u003cli\u003e\u003cstrong\u003e161 Peachtree: \u003c/strong\u003eA 14-story, 345-unit residential tower at 161 Peachtree Center Avenue in Downtown Atlanta. Seventy units will be set aside for affordable workforce housing. The project included a $9 million Eastside TAD grant.\u003c/li\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eThe Avery at Underground: \u003c/strong\u003eA 4-story, 180-unit multifamily workforce housing development to be developed at Underground with access to MARTA\u0026rsquo;s Five Points station.\u0026nbsp; The project received a $3.6 million Eastside TAD grant.\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 \n\u003c/span\u003e\n"},{"id":225,"title":"Moving in the Spirit Celebrates \"Groundsoaring\" for New Space Next to MARTA","promo_title":"Moving in the Spirit Celebrate \"Groundsoaring\" for New Space Next to MARTA","published_date":"2018-10-12","featured_image":{"id":733,"parent_id":5,"resource_file_name":"moving_spirit_groundbreaking_v2_insight.png","resource_content_type":"image/png","resource_file_size":884124,"resource_updated_at":"2018-10-23T10:33:15.180-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-10-23T10:33:15.402-04:00","updated_at":"2018-10-23T10:33:35.402-04:00","filename_hash":"moving_spirit_groundbreaking_v2_insight_jpXy5ZW.png","width":1000,"height":447},"filename":"moving-in-the-spirit-celebrate-groundsoaring-for-new-space-next-to-marta","meta_data_id":null,"published":true,"token":"hzSMLw","created_at":"2018-10-22T10:20:26.760-04:00","updated_at":"2018-10-23T10:33:35.371-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Moving in the Spirit officially opened its new \u0026ldquo;Space to Soar\u0026rdquo; with a \u0026ldquo;Groundsoaring\u0026rdquo; on Thursday, October 11 that included a procession, a dance performance, inspiring\u0026nbsp;speeches, and reception for families and attendees.\u003cbr /\u003e\r\n\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMoving in the Spirit officially opened its new \u0026ldquo;Space to Soar\u0026rdquo; with a \u0026ldquo;Groundsoaring\u0026rdquo; on Thursday, October 11 that included a procession, a dance performance, inspiring speeches, and reception for families and attendees.\u003c/p\u003e\r\n\r\n\u003cp\u003eFor over 30 years, Moving in the Spirit has used the discipline of dance to help Atlanta\u0026rsquo;s young people develop the critical social, emotional and cognitive skills they need to thrive.\u003c/p\u003e\r\n\r\n\u003cp\u003eA capital campaign raised $8.4 million to build a new home for the organization at the Edgewood/Candler Park MARTA Station. With easy access to transit, young people from across the city will be able to travel to this space easily.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Space to Soar will include a top-notch stage, classrooms, as well as other amenities, and will allow Moving in the Spirit will be able to double their capacity.\u003c/p\u003e\r\n\r\n\u003cp\u003eAtlanta Emerging Markets, Inc. (AEMI) provided an $8.5 million New Markets Tax Credit allocation for this project with our partners at PNC Bank. Other great youth-focused non-profit and educational institutions in the City of Atlanta have been supported through AEMI, including Families First, Sheltering Arms, the Boys \u0026amp; Girls Club of Metro Atlanta, and Cristo Rey Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Connecting young people from across the city to access constructive extra curriculum activities is crucial to their development. The new Moving In The Spirit complex will provide a new space for community performances and arts events, will create new full-time jobs and will make a $12.3 million economic contribution to our city,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;As a former ballerina myself, I have a simple message for the hundreds of Atlanta children who will have the chance to learn here: have fun and keep those feet dancing!\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn attendance at the event were dozens of children and their families, as well as Jamie Hardin, Moving in the Spirit Board Chair; Noel Khalil, Columbia Ventures Co-Founder and Partner; Jeffrey Parker, MARTA CEO; Dr. Eloisa Klementich, Invest Atlanta President \u0026amp; CEO; and Councilmembers Natalyn Archibong and Matt Westmoreland.\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":221,"title":"Invest Atlanta Takes Home Two IEDC Excellence in Economic Development Awards","promo_title":"Invest Atlanta Takes Home Two IEDC Excellence in Economic Development Awards","published_date":"2018-10-03","featured_image":{"id":723,"parent_id":5,"resource_file_name":"iedc_awards_twitter.png","resource_content_type":"image/png","resource_file_size":582007,"resource_updated_at":"2018-10-04T10:00:00.917-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-10-04T10:00:01.107-04:00","updated_at":"2018-10-04T10:01:53.546-04:00","filename_hash":"iedc_awards_twitter_NnLz6nJ.png","width":1000,"height":500},"filename":"invest-atlanta-takes-home-two-iedc-excellence-in-economic-development-awards","meta_data_id":null,"published":true,"token":"XWUnNw","created_at":"2018-10-04T10:01:21.927-04:00","updated_at":"2018-10-04T10:01:53.515-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta received a Bronze Excellence in Economic Development Award for its I-85 Alive Business Rapid Response project in the category of Business Retention and Expansion (BRE) Single Event. In addition, Invest Atlanta received a Bronze Excellence in Economic Development\u0026nbsp;Award in\u0026nbsp;the category of Equity and Diversity for its work within the Westside Tax Allocation District.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta won two Excellence in Economic Development awards at the 2018 International Economic Development Council (IEDC) annual conference held this week in Atlanta. IEDC\u0026#39;s Excellence in Economic Development Awards program recognizes the world\u0026#39;s best economic development programs and partnerships, and honors organizations and individuals for their efforts in creating positive change in urban, suburban and rural communities.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta received a Bronze Excellence in Economic Development Award for its I-85 Alive Business Rapid Response project in the category of Business Retention and Expansion (BRE) Single Event. In addition, Invest Atlanta received a Bronze Excellence in Economic Development Award\u0026nbsp;in the category of Equity and Diversity for its work within the Westside Tax Allocation District.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;It is an honor to have the work and dedication of the City\u0026rsquo;s economic development team recognized by the world\u0026rsquo;s most prestigious economic development organization,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;What makes it even more special is that we are being recognized for helping small businesses through a man-made disaster, and our efforts around equity in Atlanta\u0026rsquo;s Westside neighborhoods. We hope other economic development agencies around the world can learn from these efforts and implement similar initiatives in their own communities.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026quot;This year our judges reviewed some extraordinary projects that advanced both communities and businesses,\u0026rdquo; said Craig Richard, CEcD, FM, President and CEO, Tampa Hillsborough Economic Development Corporation, and 2018 IEDC Board Chair. \u0026ldquo;We congratulate all the award winners, and thank everyone who nominated their projects for sharing their success with fellow IEDC members. What we learn from each other helps us to grow and advance as a profession. We look forward to even greater participation from economic developers across the globe in the 2019 awards program.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003e\u003cstrong\u003eI-85 Alive Business Rapid Response \u0026ndash;\u0026nbsp;\u003c/strong\u003e2018 IEDC Bronze Excellence in Economic Development Award: Business Retention and Expansion (BRE) Single Event\u003c/em\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta mobilized to support businesses affected by the March 2017, I-85 overpass fire in Atlanta. An I-85 Alive Small Business Resource Event gave business owners an opportunity to meet with local service providers and assess their options. At the event, Invest Atlanta\u0026#39;s partners offered attendees technical assistance, information about business loans, consulting, and other resources. Featured partners came from more than a dozen business and community organizations, including the U.S. Small Business Administration, the Small Business Development Center, private banks, WorkSource Atlanta, and City officials. Additionally, in partnership with Lyft, transportation options and discounts were offered to make it easier for workers and patrons to access affected\u0026nbsp;businesses. For businesses located within a 1-mile radius of the closure, most merchants experienced immediate declines in economic activity when the road closed, followed by a rebound in sales after I-85 reopened.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eWestside Tax Allocation District (TAD) \u0026ndash;\u0026nbsp;\u003c/strong\u003e\u003cem\u003e2018 IEDC Bronze Excellence in Economic Development Award: Equity \u0026amp; Inclusion\u003c/em\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eIn 1992, the City of Atlanta, Fulton County, and the Atlanta School Board established the Westside Tax Allocation District (TAD) to spur public and private investment in the neighborhoods west of Downtown Atlanta. Invest Atlanta redoubled these efforts in 2013 through a planning process that engaged more than 300 community stakeholders, focusing on the historic neighborhoods of Vine City, English Avenue, and portions of Castleberry Hill.\u003c/p\u003e\r\n\r\n\u003cp\u003eAs the City of Atlanta\u0026rsquo;s economic development agency, Invest Atlanta has focused on increasing equity and inclusion through positive redevelopment within the Westside TAD and administering the tax allocation district financing process. These investments have helped to nurture a more vibrant and connected community by enhancing Downtown tourism and building an entertainment core; creating and retaining jobs; building a vibrant office and retail core; supporting mixed-income housing; and improving transportation and pedestrian access.\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 Westside\n\u003c/span\u003e\n"},{"id":219,"title":"Board Takes Action to Support Affordable Housing at 3 Key Atlanta Developments","promo_title":"Board Takes Action on Supporting Affordable Housing at 3 Key Atlanta Developments","published_date":"2018-09-20","featured_image":{"id":721,"parent_id":5,"resource_file_name":"pakrside_qy_insight.png","resource_content_type":"image/png","resource_file_size":1165049,"resource_updated_at":"2018-09-20T13:51:58.758-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":4,"created_at":"2018-09-20T13:51:58.822-04:00","updated_at":"2019-09-19T13:30:11.795-04:00","filename_hash":"pakrside_qy_insight_ZOXw1vW.png","width":1299,"height":585},"filename":"board-takes-action-on-supporting-affordable-housing-at-3-key-atlanta-developments","meta_data_id":null,"published":true,"token":"BYz_Kw","created_at":"2018-09-20T13:53:11.655-04:00","updated_at":"2018-09-20T14:05:22.383-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors approved several resolutions that will provide support for the development of new affordable housing in the City of Atlanta.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors took several actions that will support the development of new affordable housing in the City of Atlanta.\u0026nbsp; At their monthly meeting on Thursday, September 20, the Board approved support for three key developments: City Lights IIA in the Old Fourth Ward, Parkside at Quarry Yards in Bankhead, and 161 Peachtree in Downtown Atlanta.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eCity Lights IIA:\u003c/strong\u003e The Invest Atlanta Board approved up to $52 million in lease purchase bond financing, as well as an inducement resolution to provide $20 million in tax-exempt bond financing, for this new five-story affordable housing development.\u0026nbsp; City Lights IIA will have 124 housing units available to families earning 60% of the Area Median Income (AMI) or below. Residents will pay no more than 30% of their income on rent. The complex will be located in the Old Fourth Ward community and\u0026nbsp;conveniently located near several MARTA bus stops, restaurants,\u0026nbsp;and\u0026nbsp;the award-winning Historic Fourth Ward Park.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eParkside at Quarry Yards:\u003c/strong\u003e This development along the Atlanta BeltLine in the Bankhead neighborhood will include 177 units of multifamily housing, of which 71 units (40%) will be set aside for households earning 60% AMI or below. The Board approved resolutions supporting a total of up to $22 million in tax-exempt bond financing and a $2 million loan through the BeltLine Affordable Housing Trust Fund.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003e161 Peachtree: \u003c/strong\u003eThe Board approved up to $120 million in lease purchase bond financing to support the development of a 22-story, 345-unit Downtown residential tower. The tower will be built above an existing parking garage adjacent to Peachtree Center, and 70 units (20%) will be set aside for households earning 80% AMI or below. In addition to creating new affordable housing units, the development will bring a parking deck to its higher and better use and have an estimated total economic impact of $165 million.\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":217,"title":"Gateway Capitol View Affordable Senior Living Complex Opens","promo_title":"Gateway Capitol View Affordable Senior Living Complex Opens","published_date":"2018-09-13","featured_image":{"id":715,"parent_id":5,"resource_file_name":"gateway_capitol_view_insight.jpg","resource_content_type":"image/jpeg","resource_file_size":132235,"resource_updated_at":"2018-09-13T16:12:01.478-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-09-13T16:12:01.516-04:00","updated_at":"2018-09-14T10:23:40.573-04:00","filename_hash":"gateway_capitol_view_insight_oMXrBkB.jpg","width":1000,"height":628},"filename":"gateway-capitol-view-affordable-senior-living-complex-opens","meta_data_id":null,"published":true,"token":"rqTlIg","created_at":"2018-09-13T16:12:36.796-04:00","updated_at":"2018-09-14T10:23:40.531-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The new 162-unit development offers easy access to MARTA transit and the Atlanta BeltLine.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe City of Atlanta, Invest Atlanta, and The Prestwick Companies officially announced on Monday, September 10 the opening of the new Gateway Capitol View senior living development in Atlanta\u0026rsquo;s Capitol View neighborhood. \u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe complex is located near the Atlanta BeltLine Westside Trail and the Oakland City MARTA station. All units are reserved for seniors over the age of 55 whose income is at or below 60 percent of the Area Median Income (AMI). Project Based Rental Assistance from the Atlanta Housing Authority will ensure all residents pay no more than 30 percent of their income in monthly rent.\u003c/p\u003e\r\n\r\n\u003cp\u003eAt the opening, Chief of Staff Marva Lewis represented Mayor Bottoms and joined Atlanta City Councilmembers Joyce Sheperd and Matt Westmoreland; Dr. Eloisa Klementich, President and CEO at Invest Atlanta; Clyde Higgs, Interim CEO at Atlanta BeltLine, Inc.; and Jody Tucker and other company representatives from The Prestwick Companies, the developer on the project.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Prestwick Companies worked in partnership with Invest Atlanta, the Georgia Department of Community Affairs and Housing Atlanta to develop this this market-quality complex that features 137 one-bedroom and 25 two-bedroom units.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Today is a joyous occasion for all of who have been involved with this housing development near the Atlanta BeltLine,\u0026rdquo; said Jody Tucker, Chief Executive Officer of The Prestwick Companies. \u0026ldquo;The affordable housing need in Atlanta is greater than ever, and we couldn\u0026rsquo;t be prouder of this premier housing community for seniors. Congratulations to everyone who made Gateway Capitol View a reality for 162 senior families.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn 2016, the Invest Atlanta Board of Directors approved $14.5 million in tax-exempt bond financing in support of this project. Other sources of financing included federal and state tax credits, a $3 million DCA HOME Loan, as well as private funding sources. Construction began on the development in early 2017.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I\u0026rsquo;m excited to celebrate this beautiful development,\u0026rdquo; said Councilmember Joyce Sheperd. \u0026ldquo;It is it is absolutely gorgeous and across the street from MARTA, which is the ideal location for those seniors without vehicles. The southside of Atlanta is becoming a place where seniors really want to be. I\u0026rsquo;m proud as a Councilmember to have this kind of affordability in my district, and I look forward to having more partnerships like this as we continue to build out affordability in Atlanta.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Gateway Capitol View is a great example of how we\u0026rsquo;re building momentum around our comprehensive approach to preserving and creating high-quality affordable housing in Atlanta,\u0026rdquo; said Dr. Eloisa Klementich. \u0026ldquo;It takes a lot of hard work behind the scenes to create and preserve affordable housing in Atlanta, but days like today make it all so rewarding. This development alone will create 162 new affordable units and have an estimated economic impact of $35 million.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eGateway Capitol View is a four-story \u0026ldquo;U\u0026rdquo;-shaped building with amenities including a community room with a fully equipped kitchen, fitness center, business center with computer stations, furnished library, gazebo, picnic area, and central laundry facility.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe key amenity, however, is the access to transportation it provides to seniors. The need for additional transit options for Atlanta seniors has been identified by the Atlanta Regional Commission. The Gateway Capitol View project is located less than a mile from the Atlanta BeltLine Westside Trail and the future Murphy Crossing development. It is also across the street from the Oakland City MARTA station, making it a prime example of transit-oriented development (TOD) in Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eGateway Capitol View is one of many developments the City of Atlanta is supporting as part of its comprehensive approach to creating and retaining affordable housing in the city. In 2018, the city has celebrated grand openings and groundbreaking events for \u003ca href=\"https://www.investatlanta.com/impact-insights/mayor-bottoms-leads-groundbreaking-for-adair-court-senior-affordable-housing-development\"\u003eAdair Court\u003c/a\u003e, \u003ca href=\"https://www.investatlanta.com/impact-insights/the-remington-to-offer-quality-safe-affordable-housing-to-northwest-atlanta-seniors\"\u003eThe Remington\u003c/a\u003e, and \u003ca href=\"https://www.investatlanta.com/impact-insights/legacy-at-vine-city-breaks-ground-will-offer-105-affordable-senior-units\"\u003eLegacy at Vine City\u003c/a\u003e, projects that have created and preserved 356 affordable housing units for senior age 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":214,"title":"Invest Atlanta Closes on Three Affordable Housing Developments Totaling 454 Units","promo_title":"Invest Atlanta Closes on Three Affordable Housing Developments Totaling 454 Units","published_date":"2018-09-05","featured_image":{"id":710,"parent_id":5,"resource_file_name":"springview_rendering.png","resource_content_type":"image/png","resource_file_size":1120279,"resource_updated_at":"2018-09-05T14:27:30.253-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-09-05T14:27:30.303-04:00","updated_at":"2018-09-06T10:56:37.260-04:00","filename_hash":"springview_rendering_lpkR4kv.png","width":980,"height":621},"filename":"invest-atlanta-closes-on-three-affordable-housing-developments-totaling-454-units","meta_data_id":null,"published":true,"token":"C0QxUQ","created_at":"2018-09-05T14:28:51.317-04:00","updated_at":"2018-09-06T10:56:37.228-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The month of August was a big one for affordable housing in the City of Atlanta. Within a 15-day span, the Invest Atlanta team closed three key transactions that will support the preservation of 454 affordable multifamily housing units.\u0026nbsp;\u003cbr /\u003e\r\n\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe month of August was a big one for affordable housing in the City of Atlanta. Within a 15-day span, the Invest Atlanta team closed three key transactions that will support the preservation of 454 affordable multifamily housing units.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eRead on to learn more about these critically important developments:\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eRolling Bends II\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta is issuing $21 million in tax-exempt bonds to finance the acquisition and rehab of Rolling Bends II, a 190-unit multifamily project located at 2500 Center Street, NW in the Carey Park Neighborhood.\u0026nbsp; This project will provide affordable housing targeting families at or below 60% Area Media Income (AMI).\u0026nbsp; There is an existing Housing Assistance Payment Contract at the development, allowing residents to pay no more than 30% of their income towards housing costs.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe developer is Preservation Partners who specializes in acquiring and preserving affordable housing assets.\u0026nbsp; They provide residents with well-maintained apartment homes in a secure and supportive environment, and partner with affiliated nonprofit organizations to provide ongoing, age and need specific social service programs to enhance the lives of their residents.\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\n\u003cstrong\u003eSpringview Apartments\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eA total of $1.5 million in Housing Opportunity Bonds financing will support the acquisition and rehab of Springview Apartments, a 144-unit multifamily project located at 2786 Old Hapeville Road, NW in the Glenrose Heights Neighborhood.\u0026nbsp; This complex will provide affordable housing targeting families at or below 60% AMI.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe developer\u0026mdash;TriStar, LLC\u0026mdash;will partner with Star-C Communities to offer free wrap around community services including free after-school, summer camp, wellness and gardening programs. The property will operate under AHA\u0026rsquo;s Homeflex subsidy for 24 of the units, limiting the tenants\u0026rsquo; out of pocket expense to the greater of 30% of their adjusted family income.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eCapitol View Apartments\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe preservation of 120 affordable units at Capitol View Apartments is being supported by Invest Atlanta through $1.5 million in Housing Opportunity Bonds financing. This multifamily complex is located at 1191 Metropolitan Parkway, NW in the Adair Park neighborhood and will provide affordable housing targeting families at or below 60% AMI.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe developer is New Columbia Residential, LLC.\u0026nbsp; The 7.91-acre site will have direct access to the Atlanta Beltline Westside Trail along the western edge of the property.\u0026nbsp; There are 20 2-story buildings built in 1951 in the Art Deco style, and the goal is to preserve and renovate these existing buildings.\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":215,"title":"IA Board Passes Sweeping New Projects for Affordable Housing, Job Creation and Neighborhood Revitalization","promo_title":"IA Board Passes Sweeping New Projects for Atlanta","published_date":"2018-09-01","featured_image":{"id":711,"parent_id":5,"resource_file_name":"healey_building.png","resource_content_type":"image/png","resource_file_size":964130,"resource_updated_at":"2018-09-11T13:39:02.069-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-09-11T13:39:02.201-04:00","updated_at":"2018-09-11T13:40:54.576-04:00","filename_hash":"healey_building_eX2VvN6.png","width":1000,"height":598},"filename":"ia-board-passes-sweeping-new-projects-for-affordable-housing-job-creation-and-neighborhood-revitalization","meta_data_id":null,"published":true,"token":"WjP-Og","created_at":"2018-09-11T13:40:13.521-04:00","updated_at":"2018-09-11T13:40:54.544-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n At Invest Atlanta\u0026rsquo;s August 2018 board meeting, Mayor Keisha Lance Bottoms and members of the Invest Atlanta board approved 15 resolutions to provide more affordable housing, as well as create new jobs and bring additional investment to Atlanta\u0026rsquo;s communities.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt Invest Atlanta\u0026rsquo;s August 2018 board meeting, Mayor Keisha Lance Bottoms and members of the Invest Atlanta board approved 15 resolutions to provide more affordable housing, as well as create new jobs and bring additional investment to Atlanta\u0026rsquo;s communities.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe actions taken by the board will result in 502 affordable housing units, 522 new full-time jobs, and $277 million worth of economic investment to our City.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The actions of the Invest Atlanta Board demonstrates our strong commitment to achieving the goals of our One Atlanta vision: affordable housing; equitable job growth; and protecting our legacy residents and the neighborhoods they helped to build,\u0026rdquo; said Mayor Bottoms.\u003c/p\u003e\r\n\r\n\u003cp\u003eMajor projects the board approved include:\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003e272 Affordable Multi-Family Units at The Villages of East Lake:\u0026nbsp;\u003c/strong\u003eThe Urban Residential Finance Authority (URFA) board approved the preservation and renovation of 272 affordable housing units at the Villages of East Lake. The passage of an inducement resolution will provide $43 million in tax-exempt bond financing and extend affordability at the development for 30 years. 272 of the development\u0026rsquo;s 542 units will be reserved for those earning 60 percent of the Area Median Income (AMI) or below.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003e196 Affordable Senior Housing Units at Peachtree Road Senior Tower:\u0026nbsp;\u003c/strong\u003eThe URFA board approved an inducement resolution to support $16 million in tax-exempt bond financing for the acquisition and rehabilitation of Peachtree Senior Tower, an existing public housing tower serving seniors and young disabled individuals. The 196 units will be available to those earning an AMI of 60 percent or less, and RAD project-based vouchers will enable tenants to pay no more than 30 percent of their income on rent.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003e34 Affordable Multi-Family Units at 143 Alabama:\u0026nbsp;\u003c/strong\u003eA $2 million Westside TAD grant approved by the Atlanta Development Authority (ADA) board will support the renovation of the historic Atlanta Constitution building at 143 Alabama Steet. The developer, Pope \u0026amp; Land, is renovating this historic building into office space and ground-floor retail. Working with Place Properties, the developer will also build 112 new residential units, 34 of which will be income-restricted to households earning 80 percent of AMI.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eChattahoochee Land Swap:\u0026nbsp;\u003c/strong\u003eThe ADA board approved a fair market exchange of land with Chattahoochee Trails, LLC for the assemblage of the Chattahoochee River Greenway and a proposed mixed-income housing and retail development. The development team has agreed to a minimum of 20 percent workforce housing targeting residents earning between 60 to 120 percent of AMI. Housing will range from apartments for rent to townhomes for sale.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003e500 Jobs at New Starbucks Office:\u0026nbsp;\u003c/strong\u003eThe ADA board approved an Economic Opportunity Fund grant of up to $250,000 to support the creation of a satellite office for Starbucks Corporation in the City of Atlanta. This was a competitive project that Invest Atlanta, the Georgia Department of Economic Development, Metro Atlanta Chamber, and Georgia Power worked on in partnership. The company will create an estimated 500 fulltime jobs, with a total expected investment of around $16 million and an economic impact of $190 million.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eGeorgia Aquarium Expansion:\u003c/strong\u003e\u0026nbsp;The ADA board approved a $7.5 million Westside TAD grant that will support The Georgia Aquarium as they seek to develop a 68,000 square-foot, state-of-the-art facility to house a one-of-a-kind predator exhibit, which will display aquatic life not presently available to visitors. The $108 million total capital investment will add a dynamic new architectural element to Downtown Atlanta, while adding 22 fulltime employees and 20 part-time employees. Currently, the Georgia Aquarium generates $5.5 million in sales tax, and the expansion will generate an additional $1.3 million.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eUpdating the Fa\u0026ccedil;ade of Historic Healey Building:\u0026nbsp;\u003c/strong\u003eThe ADA board approved a Westside TAD Downtown Fa\u0026ccedil;ade Improvement grant of up to $199,820 to support the renovation and improvement of the exterior of the historic mixed-use Healey Building in Downtown Atlanta. The Healey, completed in 1913, was the last major skyscraper built in Atlanta preceding World War I. The internal and external improvements will significantly enhance the appearance of the building to prospective tenants, keep rents competitive and attractive by subsidizing exterior improvements, and bring the commercial space to current market standards.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eProperty Assessed Clean Energy (PACE) to Support Energy Efficiency and Green Jobs:\u0026nbsp;\u003c/strong\u003eThe Downtown Development Authority (DDA) board approved the issuance of $500 million in bonds to support the PACE financing program to provide property owners with access to private capital to finance improvements that reduce energy and water consumption. The PACE program will ease access to private capital for green building projects, reduce energy bills and increases property values, create local green jobs, and sustain Atlanta\u0026rsquo;s role as a leader in sustainability.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;It\u0026rsquo;s days like today that make me most proud to lead this great organization,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;By supporting 502 affordable housing units and creating 522 jobs and many other investments, we\u0026rsquo;re making an impact the lives of so many businesses and residents throughout the city. The actions taken today under the guidance of Mayor Bottoms are helping to create a more dynamic and equitable Atlanta.\u0026rdquo;\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":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":210,"title":"FlatironCity: Atlanta's Innovation Future Happening at Historic Atlanta Landmark","promo_title":"FlatironCity: Atlanta's Innovation Future Happening at Historic Atlanta Landmark","published_date":"2018-08-06","featured_image":{"id":688,"parent_id":5,"resource_file_name":"flatironcity_1.jpg","resource_content_type":"image/jpeg","resource_file_size":107083,"resource_updated_at":"2018-08-06T13:49:40.025-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":5,"created_at":"2018-08-06T13:49:40.326-04:00","updated_at":"2020-04-07T12:39:12.376-04:00","filename_hash":"flatironcity_1_98O29Z4.jpg","width":1000,"height":667},"filename":"flatironcity-atlantas-future-within-a-historic-landmark","meta_data_id":null,"published":true,"token":"oViQ0A","created_at":"2018-08-06T13:51:20.345-04:00","updated_at":"2018-08-09T11:04:07.762-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta team recently visited\u0026nbsp;\u003ca href=\"https://www.flatironcity.com/\"\u003eFlatironCity\u003c/a\u003e\u0026nbsp;in Downtown Atlanta to learn more about the recent transformation of this Atlanta icon into a thriving innovation hub.\u0026nbsp; \u0026nbsp;\u003cbr /\u003e\r\n\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta team recently visited \u003ca href=\"https://www.flatironcity.com/\"\u003eFlatironCity\u003c/a\u003e in Downtown Atlanta to learn more about the recent transformation of this Atlanta icon into a thriving innovation hub.\u0026nbsp; \u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eSonia Sequeira, FlatironCity\u0026rsquo;s Community Manager, was kind enough to show us around, tell us more about the building\u0026rsquo;s history, and share their vision of supporting entrepreneurs in the heart of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026quot;The developer envisioned transforming the building as a destination for start-ups, small business and enterprise companies creating an urban business community leveraging each other\u0026rsquo;s work culture, with Invest Atlanta\u0026rsquo;s partnership,\u0026rdquo; said Sequeira. \u0026nbsp;\u0026ldquo;A big part of that is: how do you get more entrepreneurs Downtown? How can you bring more innovation here? And then, how does that result in more development in this whole area?\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project received a\u0026nbsp; Westside TAD investment from Invest Atlanta, as well as a New Markets Tax Credit allocation through Atlanta Emerging Markets, Inc. (AEMI).\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 120-year-old Flatiron Building opened in 1897\u0026mdash;five years before the one in New York\u0026mdash;and is the City of Atlanta\u0026rsquo;s oldest standing skyscraper. The whole building was gutted, renovated, and reopened about two years ago as a \u0026ldquo;melting pot\u0026rdquo; for entrepreneurs.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Part of the vision of the building is that companies will grow from the co-working floor to take a bigger space within it,\u0026rdquo; said Sequeira. \u0026ldquo;You have an entrepreneur who\u0026rsquo;s just starting out, and as they\u0026rsquo;re growing, they can grow within the building rather than continually changing their address.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003ca href=\"https://www.volantio.com/\"\u003eVolantio\u003c/a\u003e is a company that has grown quickly within the walls of FlatironCity. The company helps airlines better utilize their capacity, providing value for both their clients and airline passengers. They started with just three people working in a single office suite and have since grown to take up a floor of the building.\u003c/p\u003e\r\n\r\n\u003cp\u003eOther FlatironCity tenants include the creative digital agency \u003ca href=\"http://www.launchagency.com/\"\u003eLaunch\u003c/a\u003e, the Women\u0026rsquo;s Entrepreneurship Initiative (\u003ca href=\"http://www.weiatlanta.com/\"\u003eWEI\u003c/a\u003e), Access to Capital for Entrepreneurs (\u003ca href=\"https://aceloans.org/\"\u003eACE\u003c/a\u003e), an industrial design company, and a culinary tour operator.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe building\u0026rsquo;s design contains call-backs to its history, as well as flourishes such as a caf\u0026eacute; lined with work from local artists.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;One of our goals is to connect entrepreneurs in our space through their interests outside of work as well, so we\u0026rsquo;ve hosted live music, the Peachfest\u0026nbsp;food festival downtown, and coffee tastings\u0026rdquo; said Sequeira. \u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eRight outside the building along the new Broad Street boardwalk plaza, a \u0026ldquo;smart city canvas,\u0026rdquo; in partnership with the Metro Atlanta Chamber, is being tested out. This testing ground gives IoT tech startups the opportunity to demonstrate their products in a real-world environment. For example, \u003ca href=\"https://www.flatironcity.com/single-post/2018/04/19/bedowntown-Introducing-Soofa-the-new-tech-on-Broad-Street\"\u003eSoofa\u003c/a\u003e has installed solar-powered benches where passersby can charge their wireless devices.\u003c/p\u003e\r\n\r\n\u003cp\u003eIt\u0026rsquo;s no surprise that FlatironCity was awarded the \u003ca href=\"https://www.investatlanta.com/impact-insights/flatironcity-named-uli-atlantas-2017-project-of-the-year\"\u003e2017 Project of the Year\u003c/a\u003e by The Urban Land Institute (ULI) Atlanta at the organization\u0026rsquo;s annual Awards of Excellence.\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":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":202,"title":"City of Atlanta Awarded $500,000 for Brownfield Cleanup Loan Fund","promo_title":"City of Atlanta Awarded $500,000 for Brownfield Cleanup Loan Fund","published_date":"2018-06-07","featured_image":{"id":664,"parent_id":5,"resource_file_name":"soutside_beltline_insight.png","resource_content_type":"image/png","resource_file_size":1064421,"resource_updated_at":"2018-06-25T10:44:35.052-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-06-25T10:44:35.108-04:00","updated_at":"2018-06-26T09:41:05.063-04:00","filename_hash":"soutside_beltline_insight_qNn5P9o.png","width":954,"height":533},"filename":"city-of-atlanta-awarded-500000-for-brownfield-cleanup-loan-fund","meta_data_id":null,"published":true,"token":"hb3Q3w","created_at":"2018-06-25T10:48:12.806-04:00","updated_at":"2018-06-25T13:46:03.815-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n In June, the U.S. Environmental Protection Agency (EPA) announced $500,000 in supplemental funding to assist the City of Atlanta in cleaning up contaminated brownfield properties.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eIn June, the U.S. Environmental Protection Agency (EPA) \u003ca href=\"https://www.epa.gov/newsreleases/epa-announces-157-million-supplemental-funds-cleanups-contaminated-brownfield-sites\"\u003eannounced\u003c/a\u003e $500,000 in supplemental funding to assist the City of Atlanta in cleaning up contaminated brownfield properties.\u003c/p\u003e\r\n\r\n\u003cp\u003eEPA will provide a total of $15.7 million in funding to 33 other existing Brownfield Revolving Loan Fund (RLF) grantees, helping Atlanta and other communities around the country carry out cleanup and redevelopment projects.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe City of Atlanta\u0026rsquo;s Brownfields Program started in 1996. Since then, the\u0026nbsp;City has managed several programs and initiatives aimed at identifying, assessing and remediating brownfield sites throughout the city.\u0026nbsp;Invest Atlanta oversees the Brownfield RLF program, and the board has recently approved loans for cleanup in the Southwest Atlanta BeltLine Trail corridor, as well as on properties located along Moores Mill Road NW and Cascade Avenue SW.\u003c/p\u003e\r\n\r\n\u003cp\u003eA brownfield is a real property whose expansion, redevelopment, or reuse may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. Examples include former industrial sites, gas stations, dry cleaning establishments, and other industrial uses. Atlantic Station and the Atlanta BeltLine are two examples of successful brownfield cleanup and redevelopment projects in the City of 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 \n\u003c/span\u003e\n"},{"id":198,"title":"Invest Atlanta Supports 270 Affordable Housing Units at Bethel Towers and Grove Park Gardens","promo_title":"Invest Atlanta Supports Affordable Housing at Bethel and Grove Park Gardens","published_date":"2018-06-04","featured_image":{"id":653,"parent_id":5,"resource_file_name":"big_bethel_v2.jpg","resource_content_type":"image/jpeg","resource_file_size":181947,"resource_updated_at":"2018-06-06T13:45:14.160-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-06-06T13:45:14.198-04:00","updated_at":"2018-07-13T15:45:46.607-04:00","filename_hash":"big_bethel_v2_gva738Q.jpg","width":800,"height":533},"filename":"invest-atlanta-supports-270-affordable-housing-units-at-big-bethel-and-grove-park-gardens","meta_data_id":null,"published":true,"token":"6JUewQ","created_at":"2018-06-06T13:47:29.852-04:00","updated_at":"2018-07-13T15:45:46.575-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta is lending a valuable hand to two critically important affordable housing developments: Bethel Towers and Grove Park Gardens.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003e\u003cstrong\u003e\u003cem\u003eUPDATE:\u003c/em\u003e\u003c/strong\u003e\u003cem\u003e\u0026nbsp;Invest Atlanta closed on the $16.5 million tax-exempt bond issuance to finance the Bethel Towers project on July 13, 2018.\u0026nbsp;\u003c/em\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta is lending a valuable hand in two critically important affordable housing developments: Bethel Towers and Grove Park Gardens.\u0026nbsp;\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nLocated in the heart of Downtown Atlanta on Auburn Avenue, Bethel Towers has not been substantially renovated since its construction in 1969.\u0026nbsp; With the support of $16.5 million in tax-exempt bond financing from Invest Atlanta, The Benoit Group LLC is partnering with Big Bethel AME Church to preserve and upgrade 180 units set aside for those earning 60% AMI. All units will be covered by an existing Housing Assistance Payment agreement, ensuring residents pay no more than 30% of their income on rent.\u0026nbsp;\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u0026ldquo;You\u0026rsquo;ve heard us describe these transactions as less like a sprint and more like a marathon,\u0026rdquo; said Alan Ferguson, Senior VP of Community Development at Invest Atlanta. \u0026ldquo;[The Benoit Group] pays attention to all the complex details and nuances of working with HUD and DCA to make them happen.\u0026rdquo;\u0026nbsp;\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nGrove Park Gardens will contain 110 units of newly constructed multifamily housing, 90 of which will be set aside as affordable at different income levels.\u0026nbsp; Invest Atlanta is supporting the project with $500,000 in Housing Opportunity Bond financing.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nBig Bethel Towers and Grove Park Gardens have many amenities, including clubhouses, fitness centers, and in-unit washers and dryers. The Invest Atlanta Board of Directors passed the resolutions approving support for these projects at their monthly meeting in May 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 Eastside\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":195,"title":"Dawn Luke Named VP of National Association of Local Housing Finance Agencies","promo_title":"Dawn Luke Named VP of National Association of Local Housing Finance Agencies","published_date":"2018-05-16","featured_image":{"id":648,"parent_id":1,"resource_file_name":"dl-site.png","resource_content_type":"image/png","resource_file_size":2139307,"resource_updated_at":"2018-05-22T09:37:47.725-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-05-22T09:37:48.011-04:00","updated_at":"2018-07-17T16:03:54.272-04:00","filename_hash":"dl-site_LgnoL8r.png","width":5247,"height":2044},"filename":"dawn-luke-named-vp-of-national-housing-finance-org","meta_data_id":null,"published":true,"token":"MisODA","created_at":"2018-05-21T10:26:39.567-04:00","updated_at":"2018-05-22T09:37:54.897-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta Chief Operating Officer Dawn Luke has been named Vice President of the 2018-2019 National Association of Local Housing Finance Agencies (NALHFA) Executive Committee.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta Chief Operating Officer Dawn Luke has been named Vice President of the 2018-2019 National Association of Local Housing Finance Agencies (NALHFA) Executive Committee. NALHFA\u0026nbsp;officially named Luke to the position at their annual conference in New Orleans.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026quot;Throughout the past year NALHFA has proven its effectiveness in representing the interests of the local housing finance industry and its members,\u0026quot; said newly-elected NALHFA President Richard Froehlich. \u0026quot;Following recent tax legislation and continued uncertainty over HUD funding it is essential that our voice is heard in Washington DC. NALHFA will continue to be a leader in the fight to preserve and enhance federal affordable housing resources.\u0026quot;\u003c/p\u003e\r\n\r\n\u003cp\u003eNALHFA is a 34-year-old national association of professionals who help finance affordable housing at the local level in support of broader community development. The organization advocates before Congress and federal agencies on behalf of legislation and regulations that support affordable housing and provides technical assistance and education to NALHFA members and the public.\u003c/p\u003e\r\n\r\n\u003cp\u003eDawn Luke is Chief Operating Officer at Invest Atlanta and oversees Invest Atlanta\u0026rsquo;s finance, information technology, human resources and investment services departments, and continue to support the organization\u0026rsquo;s community development programs. Prior to her current position, Dawn served as Senior Vice President of Community Development 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 ten Tax Allocation Districts.\u0026nbsp; Ms. Luke has also served as the Managing Director of Housing Finance for five years and was responsible for overseeing the successful implementation of $250M 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 the Issuer\u0026rsquo;s multifamily and single-family Housing Bond Portfolio of approximately $1.6 billion and more than 20,000 units of housing.\u0026nbsp;\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.\u0026nbsp; 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, and the Atlanta Land Trust.\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":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":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":176,"title":"Mayor Bottoms and Anthem Break Ground on New Technology Center ","promo_title":"Mayor Bottoms and Anthem Break Ground on New Technology Center ","published_date":"2018-03-02","featured_image":{"id":558,"parent_id":5,"resource_file_name":"anthem_groundbreaking_v3.png","resource_content_type":"image/png","resource_file_size":1872206,"resource_updated_at":"2018-03-02T10:22:33.661-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-03-02T10:22:33.717-05:00","updated_at":"2018-03-02T10:26:51.001-05:00","filename_hash":"anthem_groundbreaking_v3_QggM4Vw.png","width":1193,"height":797},"filename":"mayor-bottoms-and-anthem-break-ground-on-new-technology-center","meta_data_id":null,"published":true,"token":"UezCow","created_at":"2018-03-02T10:23:41.975-05:00","updated_at":"2018-03-02T10:26:50.987-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n In February, Mayor Keisha Lance Bottoms joined other dignitaries at a groundbreaking ceremony for Anthem\u0026rsquo;s new technology center in Midtown Atlanta\u0026rsquo;s Tech Square.\u0026nbsp;\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eIn February, Mayor Keisha Lance Bottoms joined other dignitaries at a groundbreaking ceremony for Anthem\u0026rsquo;s new technology center in Midtown Atlanta\u0026rsquo;s Tech Square.\u0026nbsp; When opened in 2020, the 352,000 square-foot state-of-the-art structure will house approximately 3,000 multi-disciplinary IT professionals dedicated to simplifying the health care experience for consumers and care providers, improving quality of care, and lowering health care costs.\u0026nbsp; Anthem, Inc. is one of the nation\u0026rsquo;s leading health benefits companies.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Midtown Atlanta is one of the most dynamic technology and innovation centers in the United States and we are excited to add Anthem\u0026rsquo;s new expansion to our growing healthcare IT ecosystem,\u0026rdquo; said Mayor Keisha Lance Bottoms. \u0026ldquo;Anthem\u0026rsquo;s decision to build its new Technology Center here underscores its workers\u0026rsquo; desire for the mobility options and the diverse, accessible lifestyle offered in one of America\u0026rsquo;s best urban neighborhoods.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta played a key role in ensuring this project moved forward. In October 2017, the Invest Atlanta Board of Directors approved an $850,000 Economic Opportunity Fund grant to Anthem. The Board also approved the issuance of lease-purchase bonds to support the construction of the new building at the corner of 4th and West Peachtree streets in Tech Square.\u003c/p\u003e\r\n\r\n\u003cp\u003eAnthem chose to locate in Tech Square because it has become known globally as an innovation hotbed and includes research facilities, incubators, technology start-ups, the Georgia Institute of Technology campus, and the neighboring mixed-use Coda building currently under construction. In addition, the state of Georgia is hotbed for Health IT companies, with more than 200 companies employing approximately 30,000 people.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Atlanta is rich with technology talent, and we are excited to take this next step in creating a hub for our IT organization here with a contemporary and inspiring space for current and future Anthem IT professionals,\u0026rdquo; said Tom Miller, Anthem senior vice president of innovation and chief information officer. \u0026ldquo;Located in the technology epicenter of Atlanta, the collaborative environment will enable Anthem\u0026rsquo;s IT team to more quickly turn health care ideas into real-time solutions and develop innovative tools and resources that will make it easier and more convenient for consumers to manage their health and wellbeing.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe architectural firm, John Portman \u0026amp; Associates, designed the building and provided Anthem the opportunity to create spaces that support its progressive and collaborative work style. More than 14,000 square-feet of terrace area will allow for an inviting green space, bringing the outside in, to support health and wellness. As part of the LEED- and Fitwel-certified design, Anthem placed an emphasis on energy and water efficiency, indoor environmental quality, and design that encourages an active work environment through indoor and outdoor spaces.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Portman is delighted to partner with Anthem to create another significant development in Midtown Atlanta. The Anthem Technology Center will complement Coda and further cement Midtown as the focal destination for businesses that are focused on collaboration, recruitment, and positioning,\u0026rdquo; said Ambrish Baisiwala, chief executive officer of Portman Holdings.\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":177,"title":"URFA Supports 100+ Affordable Rental Units for Seniors in Vine City","promo_title":"URFA Supports 100+ Units for Seniors in Vine City","published_date":"2018-03-02","featured_image":{"id":560,"parent_id":5,"resource_file_name":"oasis_vine_city_v1.png","resource_content_type":"image/png","resource_file_size":1702537,"resource_updated_at":"2018-03-02T14:21:57.875-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-03-02T14:21:57.924-05:00","updated_at":"2018-03-02T15:15:22.010-05:00","filename_hash":"oasis_vine_city_v1_8mmZxZK.png","width":1159,"height":704},"filename":"urfa-supports-100-units-for-seniors-in-vine-city","meta_data_id":null,"published":true,"token":"gvRI3w","created_at":"2018-03-02T14:22:06.825-05:00","updated_at":"2018-03-02T15:15:21.997-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Urban Residential Finance Authority (URFA) closed on $10 million in tax-exempt bond financing transaction to support the construction of 105 units of senior housing at Oasis of Vine City.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Urban Residential Finance Authority (URFA) closed on $10 million in tax-exempt bond financing transaction to support the construction of 105 units of senior housing at Oasis of Vine City.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe groundbreaking for Oasis of Vine City will take place in the coming months, and once complete, it will offer units to seniors over the age of 62 at\u0026nbsp;60% Area Median Income (AMI). (The 60% AMI income limit for FY2017 is $29,280 for a one-person household, and $33,480 for a two-person household.) All renters will pay no more than 30% of their income towards rent.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThis project closing represents a great start to the year after the team supported the creation or retention of a nearly 2,000 affordable units, a record for the organization, in 2017. Knowing how critical it is for the city\u0026rsquo;s growing senior population to have access to affordable living options, the Community Development team has been working to complete this deal for several years.\u003c/p\u003e\r\n\r\n\u003cp\u003eOasis of Vine City will be located near Rodney Cook Sr. Park and amenities will include a fitness center and energy-efficient appliances.\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":173,"title":"Board Supports Creation of 180 Affordable Rental Units for Seniors","promo_title":"Board Supports Creation of 180 Affordable Rental Units for Seniors","published_date":"2018-02-20","featured_image":{"id":542,"parent_id":8,"resource_file_name":"sylvan_hills_senior_new_site.png","resource_content_type":"image/png","resource_file_size":2043236,"resource_updated_at":"2018-02-20T14:30:17.970-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-02-20T14:30:18.029-05:00","updated_at":"2018-02-22T08:49:55.633-05:00","filename_hash":"sylvan_hills_senior_new_site_ZOOYgrP.png","width":1138,"height":715},"filename":"board-approves-support-for-180-affordable-rental-units-for-seniors","meta_data_id":null,"published":true,"token":"VWZsAw","created_at":"2018-02-20T14:31:11.037-05:00","updated_at":"2018-02-22T08:49:55.603-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors approved financing for the construction of Sylvan Hills Senior, a brand-new affordable housing development in southwest Atlanta.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors approved financing for the construction of Sylvan Hills Senior, a brand-new affordable housing development in southwest Atlanta.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce complete, the multifamily housing development will offer 180 units to seniors over the age of 62. All the units are reserved for those making 60% of Area Median Income (AMI) and qualifying residents will pay no more than 30% of their income on housing costs.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This is great,\u0026rdquo; said Randy Hazelton, the board\u0026#39;s Treasurer. \u0026ldquo;There\u0026rsquo;s obviously a huge need for affordable senior housing in and around the city.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Benoit Group will soon begin work on the four-story wood-framed building lcoated in the Sylvan Hills community. The propertiy is be easily accessible from several MARTA bus stops and Highway 166, and will include amenities like a community room, business center, courtyard, energy star appliances, and washer dryer hookups.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe board approved\u0026nbsp;two resolutions supproting this project\u0026nbsp;at their monthly board meeting on Thursday, February 15. The first was an inducement resolution to issue $15 million in tax-exempt bond financing, and the second was a Housing Opportunity Bond loan resolution for $1.5 million.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We\u0026rsquo;re bringing these types of tools to the market at just the right time,\u0026rdquo; said Alan Ferguson, Interim VP of Community Development.\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":174,"title":"Mayor Bottoms and IA Announce $60 Million in New Markets Tax Credits","promo_title":"Mayor Bottoms and IA Announce $60 Million in New Markets Tax Credits","published_date":"2018-02-13","featured_image":{"id":544,"parent_id":5,"resource_file_name":"families_first_new.jpg","resource_content_type":"image/jpeg","resource_file_size":212826,"resource_updated_at":"2018-02-20T14:42:35.154-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-02-20T14:42:35.272-05:00","updated_at":"2024-09-30T17:49:02.068-04:00","filename_hash":"families_first_new_kbbaqyV.jpg","width":2048,"height":1365},"filename":"60-million-new-markets-tax-credits","meta_data_id":null,"published":true,"token":"QMXrmA","created_at":"2018-02-20T14:42:42.609-05:00","updated_at":"2024-09-30T17:49:02.058-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The allocation from the U.S. Department of the Treasury to provide gap financing for economic development projects that help create jobs and revitalize neighborhoods in Atlanta.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Keisha Lance Bottoms recently\u0026nbsp;announced that Invest Atlanta received $60 million in New Markets Tax Credit allocation from the U.S. Department of the Treasury to provide gap financing for economic development projects that help create jobs and revitalize neighborhoods in Atlanta. This latest award is the sixth given to Invest Atlanta in the last 10 years and will be used by Atlanta Emerging Markets, Inc. (AEMI), Invest Atlanta\u0026rsquo;s New Markets Tax Credit (NMTC) entity, to fund catalytic development projects in low-income areas.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;My Administration is committed to increasing prosperity for all through our city\u0026rsquo;s economic development efforts, while steadfastly working to improve equity and affordability in our communities,\u0026rdquo; said Mayor Bottoms. \u0026ldquo;This latest New Markets Tax Credit award is one of the largest in the country and will provide additional funding to stimulate investment for residents in parts of our city where greater economic opportunity is needed most.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eCongress established the NMTC program in 2000 to attract investment to areas with low median income and high unemployment. The NMTC program takes private equity contributed by investors and turns it into gap financing for redevelopment projects. Investors receive non-refundable tax credits in exchange for an equity investment in a local project that demonstrates meaningful community impact. This year, a total of 230 community development entities applied for $3.5 billion of available NMTC allocation and 73 organizations, about 31 percent, received funding.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We are pleased to see the Treasury Department continues to recognize the impact New Markets Tax Credits are making on economic revitalization and job creation in the City of Atlanta,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;Invest Atlanta continues to receive higher award amounts with each application, which has enabled us, through AEMI, to invest in 22 projects since 2010 that have created more than 3,250 jobs in areas that are often overlooked by conventional capital markets.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eSome of AEMI\u0026rsquo;s recent NMTC investments include:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003e\u003cstrong\u003ePittsburgh Yards:\u003c/strong\u003e A $6.5 million AEMI investment to help finance redevelopment at 352 University Avenue in Southwest Atlanta. The project led by the Annie E. Casey Foundation will create a vibrant, living-wage ecosystem that clusters a range of businesses together, including industrial, office, administrative, artistic and creative enterprises.\u003c/li\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eGrady Memorial Hospital:\u003c/strong\u003e A $12 million investment 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/li\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eFamilies First: \u003c/strong\u003eA $8.5 million investment to convert a former Atlanta Public Schools building in Atlanta\u0026rsquo;s Westside into the organization\u0026rsquo;s new 38,000 square-foot headquarters. The new building will enable Families First to serve 52,000 children, women and families a year, many of whom report income well below the poverty line.\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 \n\u003c/span\u003e\n"},{"id":162,"title":"Cristo Rey Atlanta Officially Opens New Downtown Building","promo_title":"Cristo Rey Atlanta Officially Opens New Downtown Building","published_date":"2018-01-31","featured_image":{"id":508,"parent_id":5,"resource_file_name":"cristo_rey_main-1024x529.jpg","resource_content_type":"image/jpeg","resource_file_size":113713,"resource_updated_at":"2018-02-06T14:59:09.757-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-02-06T14:59:09.786-05:00","updated_at":"2018-02-22T08:54:51.689-05:00","filename_hash":"cristo_rey_main-1024x529_r6NxO1m.jpg","width":1024,"height":529},"filename":"cristo-rey-atlanta-officially-opens-new-downtown-building","meta_data_id":null,"published":true,"token":"AaYMWg","created_at":"2018-02-04T13:31:14.874-05:00","updated_at":"2018-02-22T08:54:51.675-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Cristo Rey Atlanta celebrated the grand opening of their new 88,000 square-foot Downtown facility with the help of several high-profile guests, including Mayor Keisha Lance Bottoms and Governor Nathan Deal.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eCristo Rey Atlanta celebrated the grand opening of their new 88,000 square-foot Downtown facility with the help of several high-profile guests, including Mayor Keisha Lance Bottoms and Governor Nathan Deal.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I want you all to know that as a city, we continue to support you, we continue to cheer you on and we continue to await your leadership,\u0026rdquo; Mayor Bottoms said during the ribbon-cutting ceremony. \u0026ldquo;Because you are the future of our great city. You are the example that we want all of our communities to model.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn early 2017,\u0026nbsp;\u003ca href=\"http://www.atlantaemergingmarkets.org/\"\u003eAtlanta Emerging Markets, Inc.\u003c/a\u003e, Invest Atlanta\u0026rsquo;s certified Community Development Entity, closed an $11 million New Markets Tax Credits transaction to help Cristo Rey Atlanta complete the renovations of their new building. Raza Development Fund and SunTrust Bank also provided NMTC allocations.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Invest Atlanta has done so much work with all of our partners to make sure that we are here today,\u0026rdquo; added Mayor Bottoms. \u0026ldquo;On your toughest days, please remember there\u0026rsquo;s a city that stands behind you, a city that stands with you, there\u0026rsquo;s a city awaiting your future.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eCristo Rey Atlanta (CRA) is an independent affiliate of the Cristo Rey Network of 32 schools nationally. The CR 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. CRA\u0026nbsp;was previously leasing its campus, serving nearly 400 students from grades 9-11. The new 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.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe campus also provides\u0026nbsp;CRA with resources that were previously unavailable, such as a gymnasium, assembly space, music and arts space, and their own kitchen. The $27 million project is located on Piedmont Avenue in a central location near multiple MARTA stops and bus lines to maximize the area that can be served by the school. The project is anticipated to retain 42 and create approximately 22 Full-Time Equivalent (FTE) positions.\u003c/p\u003e\r\n\r\n\u003cp\u003eLast year, Cristo Rey partnered with 100 Atlanta businesses to place every student in an office work-study job while completing their academic studies.\u0026nbsp;CRA exclusively serves Atlanta\u0026rsquo;s economically disadvantaged students of all faiths by opening the door to excellence in higher education, the workforce, community citizenship and Catholic values. Religion is not a criteria for admission, and 48% of the student body is non-Catholic. Low family income is the number one qualifying criterion for CRA students. The average household income for CRA families is $30,500 (no household income exceeds $15,000 per dependent). 98% of CRA students qualify for the federal free and reduced lunch program.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 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. Across the CR Network, students\u0026mdash;95% of whom are first generation college students\u0026mdash;complete college at a rate over 2.5 times that of their non-Cristo Rey peers in the same income cohort.\u0026nbsp; For the class of 2018, CRA projects that 70% of its graduates will complete a bachelor\u0026rsquo;s degree within 5 years, or nearly 5 times the average rate for low-income high school graduates.\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. In November 2016, AEMI received a $50 million NMTC allocation from the U.S. Department of Treasury.\u003c/p\u003e\r\n\r\n\u003cp\u003eBesides Cristo Rey, AEMI provided NMTC allocation to several other important projects in 2017, including the Grady Hospital Women\u0026rsquo;s and Infants\u0026rsquo; Center, the Boys \u0026amp; Girls Club Innovation and Expression Studio (TIES), the YMCA headquarters, and Civic Impact 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 Downtown\n\u003c/span\u003e\n"},{"id":166,"title":"IA Ends 2017 On High Note With Support For Hundreds of Affordable Housing Units","promo_title":"IA Ends 2017 On High Note With Support For Hundreds of Affordable Housing Units","published_date":"2018-01-11","featured_image":{"id":512,"parent_id":5,"resource_file_name":"city-lights-2_rendering_main.png","resource_content_type":"image/png","resource_file_size":1002626,"resource_updated_at":"2018-02-06T15:02:43.943-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-02-06T15:02:43.982-05:00","updated_at":"2019-12-24T08:34:05.064-05:00","filename_hash":"city-lights-2_rendering_main_RJNvPDD.png","width":1073,"height":494},"filename":"ia-ends-2017-on-high-note-with-support-for-hundreds-of-affordable-housing-units","meta_data_id":null,"published":true,"token":"-cAO3A","created_at":"2018-02-04T13:53:56.199-05:00","updated_at":"2018-02-06T15:02:50.243-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta closed on several important affordable housing projects to put the total number of affordable housing units supported this year at 1,962.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAs 2017 came to an end, Invest Atlanta closed on several important affordable housing projects to put the total number of affordable housing units supported this year at 1,962. Below are the multi-family and senior housing projects Invest Atlanta closed in December:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eCity Lights II:\u0026nbsp;\u003c/strong\u003eInvest Atlanta issued $11.5 million in tax-exempt bonds to finance Wingate Companies\u0026rsquo; City Lights II, a 96-unit multifamily project located at 444 Boulevard in the Old Fourth Ward Neighborhood.\u0026nbsp; This new construction project will provide affordable housing targeting families at or below 60% AMI.\u0026nbsp; AHA will provide a Housing Assistance Payment Contract, allowing residents to pay no more than 30% of their income towards housing costs. This is the second phase in a five-phase development in the Old Fourth Ward Community, and Invest Atlanta previously funded City Lights I, a senior development that was fully leased prior to completion.\u003c/li\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eEdgewood Court:\u003c/strong\u003e\u0026nbsp;Invest Atlanta issued $26.4\u0026nbsp;million tax exempt bonds to finance the acquisition and rehabilitation of Edgewood Court, a 222-unit multifamily project located at 1572 Hardee Street, NE.\u0026nbsp; This project will provide preservation of affordable housing targeting families at or below 60% AMI. AHA will provide a Housing Assistance Payment Contract for 80% of the units, allowing residents to pay no more than 30% of their income towards housing costs.\u003c/li\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eGeorgia Avenue:\u003c/strong\u003e\u0026nbsp;A total of $52.2 million lease purchase bonds were issued to support the first phase of the Georgia Avenue mixed-use development, which contains 120-units of multifamily rental housing, of which 18 are set aside as workforce affordable units. The development, located Turner Field Stadium Area, will also house retail and creative office space.\u003c/li\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eAllen Hills \u0026amp; Rolling Bends I:\u0026nbsp;\u003c/strong\u003e\u0026nbsp;Invest Atlanta issued $58 million in tax exempt bonds to finance the acquisition and rehab of Allen Hills, a 458-unit multifamily project located at 3086 Middleton Road, NW in the Westhaven neighborhood. In addition, $25\u0026nbsp;million in tax exempt bonds will finance the acquisition and rehab of Rolling Bends I, a 164-unit multifamily project located at 2500 Center Street, NW, in Carey Park.\u0026nbsp; Both projects preserve affordable housing targeting families at or below 60% AMI, with HUD providing a Housing Assistance Payment Contract for 100% of the units, allowing residents to pay no more than 30% of their income towards housing costs. The developer is Preservation Partners Development is a California based development group specializing in the acquisition and preservation of HUD insured and assisted affordable housing developments.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eThis year, the organization looks forward to continuing our work supporting the construction and preservation of affordable housing throughout the City of 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 Old Fourth Ward\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":19,"title":"The iVillage @ MLK Shipping Container Village Officially Announced","promo_title":"The iVillage @ MLK Shipping Container Village Officially Announced","published_date":"2017-12-19","featured_image":{"id":226,"parent_id":34,"resource_file_name":"ivillage_top.jpg","resource_content_type":"image/jpeg","resource_file_size":960803,"resource_updated_at":"2017-12-20T14:45:07.880-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T14:45:08.396-05:00","updated_at":"2018-02-06T12:42:40.454-05:00","filename_hash":"ivillage_top_DNxem41.jpg","width":5155,"height":3147},"filename":"the-ivillage-mlk-shipping-container-village-officially-announced","meta_data_id":null,"published":true,"token":"kaIk_A","created_at":"2017-12-20T14:47:06.001-05:00","updated_at":"2018-02-06T12:42:40.422-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Kasim Reed, Invest Atlanta and MARTA announced The iVillage @ MLK, a transit-oriented development made of repurposed shipping containers.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Kasim Reed, Invest Atlanta and MARTA officially announced The iVillage @ MLK, a transit-oriented development made out of repurposed shipping containers, at H.E. Holmes MARTA Station.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This shipping-container iVillage is not only the first of its kind in the State of Georgia, it\u0026rsquo;s another example of how the City of Atlanta supports innovation and entrepreneurship,\u0026rdquo; said Mayor Reed. \u0026ldquo;This concept is being featured in leading cities such as London, Copenhagen and San Francisco. With the new iVillage at the H.E. Holmes MARTA station, we are leveraging a smart, sustainable idea to expand our commitment to creating new hubs of innovation all over the City. I am pleased that this new iVillage will be one component of improvements and investments to improve mobility and access to economic opportunity along the Martin Luther King, Jr. Drive corridor.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce construction on the project is complete, the iVillage @ MLK will provide affordable, transit-accessible retail and office space for small businesses. A total of 14 shipping containers will be used to create around 6,500 square feet of commercial space. The development will also include sizable lawn and deck areas to host public events.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I\u0026rsquo;m looking forward to the day when local entrepreneurs are here every day, bringing their new ideas and energy to this area,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;One day, we hope to see many of the businesses launched take root up and down the MLK Corridor and look forward to working with the community to make The iVillage @ MLK a place of pride and purpose.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe iVillage @ MLK will provide the opportunity for reimagining the possibilities of a public space, putting it to new and attractive use for local businesses and residents. MARTA will examine future opportunities for transit-oriented development at H.E. Holmes Station to ensure more people can live affordably near our job centers and transit nodes.\u003c/p\u003e\r\n\r\n\u003cp\u003eThough this is the first project of its kind in Georgia, container villages have been launched around the world. Cities like Las Vegas, London, Copenhagen, and San Francisco have developed container villages to create new affordable retail or living space. Innovative developments like these around the world have been successful in not only economic growth, but also creating a greater sense of place within communities.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe iVillage @ MLK is part of the City of Atlanta\u0026rsquo;s larger effort continue to transform Westside communities, especially along the Martin Luther King, Jr. Drive Corridor. The iVillage is more than just development of office and retail space, it\u0026rsquo;s part of a larger strategy to bring economic investment to key commercial corridors throughout the city like MLK Drive.\u003c/p\u003e\r\n\r\n\u003cp\u003eLast year, the City of Atlanta was awarded a $10 million TIGER grant from the U.S. Department of Transportation to help improve MLK Drive. That grant is part of a $22.7 million effort to improve mobility and increase access to transit, employment centers and services along MLK.\u003c/p\u003e\r\n\r\n\u003cp\u003eApplications will be made available soon for entrepreneurs interested in leasing space at The iVillage @ MLK.\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 MLK Corridor\n\u003c/span\u003e\n"},{"id":153,"title":"IA Joins Inaugural Atlanta Housing Equity and Affordability Forum","promo_title":"IA Joins Inaugural Atlanta Housing Equity and Affordability Forum","published_date":"2017-12-14","featured_image":{"id":383,"parent_id":34,"resource_file_name":"dawn_equity_panel-feature.jpg","resource_content_type":"image/jpeg","resource_file_size":388504,"resource_updated_at":"2017-12-21T16:14:41.480-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T16:14:41.753-05:00","updated_at":"2017-12-21T16:15:32.379-05:00","filename_hash":"dawn_equity_panel-feature_W1a5gPy.jpg","width":3354,"height":2516},"filename":"ia-joins-inaugural-atlanta-housing-equity-and-affordability-forum","meta_data_id":null,"published":true,"token":"zTBcXA","created_at":"2017-12-21T16:15:31.838-05:00","updated_at":"2017-12-21T16:15:31.838-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta participated in the first Atlanta Housing Equity and Affordability Forum on Thursday, December 14 at The Gathering Spot.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta participated in the first Atlanta Housing Equity and Affordability Forum on Thursday, December 14 at The Gathering Spot. Hosted by the Atlanta Housing Authority (AHA), the event consisted of three panel discussions with leaders in affordable housing development and policy.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We really hope that this will be the first of a series of discussions that we\u0026rsquo;ll have about how we address the affordability and equity issues here in the City of Atlanta in a thoughtful and inclusive way,\u0026rdquo; said Catherine Buell, CEO of the AHA.\u003c/p\u003e\r\n\r\n\u003cp\u003eDawn Luke, Senior Vice President of Community Development at Invest Atlanta, sat on the day\u0026rsquo;s first panel, \u0026ldquo;The New Deal Makers: Emerging Developers and Public Innovators.\u0026rdquo; Joining her in conversation were Leonard Adams, founder of the Quest Community Development Organization, Inc., Kelly King of Oakwood Development, Brandon Riddick-Seals of the Atlanta Housing Authority\u0026rsquo;s Board of Commissioners, and Janis Ware, the Executive Director of Summech CDC.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe participants had a robust discussion about how smaller developers can look to build more affordable housing in our city. Luke shared some advice for those interested in the field.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Always be accountable for what you\u0026rsquo;re going to do,\u0026rdquo; she said. \u0026ldquo;Because you are impacting people\u0026rsquo;s lives.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eShe also spoke about Invest Atlanta\u0026rsquo;s emphasis on empowering developers that live in the Atlanta neighborhoods they serve.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We had to, as an organization, step back and say, \u0026lsquo;How can we really help these developers that are committed to the community?\u0026rdquo; said Luke.\u003c/p\u003e\r\n\r\n\u003cp\u003eShe informed the audience about a new pilot program Invest Atlanta called Community Builders. This program empowers participants to partner with Invest Atlanta on the organization\u0026rsquo;s work on the Westside. Over a 6-week period, participants will learn core property redevelopment skills, and cover topics like zoning and property selection. Once they complete the Community Builders program, these future developers be eligible to apply for funding assistance to support their own redevelopment projects.\u003c/p\u003e\r\n\r\n\u003cp\u003eAdams emphasized the importance of building partnerships between developers, financial backers, and the community to move projects forward.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;These deals don\u0026rsquo;t happen in a vacuum,\u0026rdquo; he said. \u0026ldquo;You talk to everybody to make the deal happen, and that includes the people on the ground all the way up to the funding sources.\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 \n\u003c/span\u003e\n"},{"id":24,"title":"Piedmont Senior Tower Breaks Ground on Extensive Upgrades","promo_title":"Piedmont Senior Tower Breaks Ground on Extensive Upgrades","published_date":"2017-12-12","featured_image":{"id":231,"parent_id":34,"resource_file_name":"piedmont-senior-tower_feature.jpg","resource_content_type":"image/jpeg","resource_file_size":328748,"resource_updated_at":"2017-12-20T15:10:27.337-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T15:10:27.566-05:00","updated_at":"2017-12-20T15:11:26.811-05:00","filename_hash":"piedmont-senior-tower_feature_p5VxENj.jpg","width":2745,"height":2059},"filename":"piedmont-senior-tower-breaks-ground-on-extensive-upgrades","meta_data_id":null,"published":true,"token":"L0rhoA","created_at":"2017-12-20T15:11:26.277-05:00","updated_at":"2017-12-20T15:11:26.277-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The groundbreaking celebration at Piedmont Senior Tower celebrated the beginning of extensive renovations and upgrades to the complex.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eA groundbreaking celebration took place at Piedmont Senior Tower on December 12 to celebrate the beginning of extensive renovations and upgrades to the complex. Once complete, the building will be fully rehabilitated, preserving more than 200 affordable units for the elderly and disabled.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I believe housing is about people,\u0026rdquo; said Councilmember Andre Dickens. \u0026ldquo;That\u0026rsquo;s what this is all about. We have to preserve the opportunity to be in this area, with wonderful access to Buckhead. With AHA, with Invest Atlanta, and with everyone else, we will make sure there\u0026rsquo;s opportunity to live everywhere in this city at all income bands.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta has been working on this project for more than two years with the Michaels Development Company, the Atlanta Housing Authority, and other financial partners.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This project is a long time coming,\u0026rdquo; said Dr. Eloisa Klementich. \u0026ldquo;It\u0026rsquo;s with immense pride that I\u0026rsquo;m here today to help break ground on Piedmont Senior Tower and ensure more of our seniors live and thrive here in Atlanta.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe families living in the complex will to continue living in in the Buckhead Forest neighborhood, where they\u0026rsquo;ll be near the amenities like grocery stores and a MARTA bus stop\u0026mdash;complete with a new shelter\u0026mdash;right outside their door. They\u0026rsquo;ll receive new countertops and flooring within their units, as well as upgraded HVAC and water systems throughout.\u003c/p\u003e\r\n\r\n\u003cp\u003eBut most importantly, the upgrades will mean families will be able live here affordably for many years to come.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I love living here,\u0026rdquo; said Alice Gailes, a two-year resident of Piedmont Senior Tower. \u0026ldquo;I love everything about this tower. We have everything we need here, and we can live carefree.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta continues to work with public and private partners to invest in senior housing developments like this one throughout the City of Atlanta. Some of the more recent projects include the Reynoldstown Senior Residences, City Lights in the Old Fourth Ward, The Remington in Carey Park, Abernathy Towers in the West End, and the Oasis of Vine City.\u003c/p\u003e\r\n\r\n\u003cp\u003eThese efforts are part of a larger affordability strategy Invest Atlanta, under the leadership of Mayor Reed, has implemented with our partners to serve families across the income and age spectrums. These policies have created more than 4,000 affordable units during Mayor Reed\u0026rsquo;s administration.\u003c/p\u003e\r\n\r\n\u003cp\u003ePiedmont Senior Tower is the first Rental Assistance Demonstration, or RAD, project in the City of Atlanta. More of these types of innovative solutions as our senior population grows. One forecast found that by the year 2035, one out of 5 Americans will be over the age of 65. And the need for more affordable living options will continue to increase.\u003c/p\u003e\r\n\r\n\u003cp\u003eEnsuring more of our seniors live and thrive here in Atlanta also has benefits for Atlanta\u0026rsquo;s economy. In fact, the Atlanta Regional Commission recently found that for every 1,000 new residents over the age of 65 the city welcomes, the region\u0026rsquo;s GDP increases by $7.8 billion.\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 Buckhead\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":1,"title":"Historic Atlanta Constitution Building Is Sold","promo_title":"Historic Atlanta Constitution Building Is Sold","published_date":"2017-10-19","featured_image":{"id":40,"parent_id":5,"resource_file_name":"constitution_building_feature.png","resource_content_type":"image/png","resource_file_size":930046,"resource_updated_at":"2017-12-18T17:07:38.001-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-18T17:07:38.103-05:00","updated_at":"2017-12-19T12:04:58.855-05:00","filename_hash":"constitution_building_feature_gvVg9W3.png","width":800,"height":600},"filename":"historic-atlanta-constitution-building-is-sold","meta_data_id":null,"published":true,"token":"DKJCpw","created_at":"2017-12-19T12:04:57.892-05:00","updated_at":"2017-12-19T12:04:57.892-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Atlanta Constitution building will be redeveloped into a mixed-used development with 34 affordable housing units.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors has approved the sale of the Atlanta Constitution building, which will be redeveloped into a mixed-used development with 34 affordable housing units. This historic structure has been vacant since the 1970\u0026rsquo;s.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This is a project that\u0026rsquo;s near and dear to all our hearts,\u0026rdquo; said Dawn Luke, Invest Atlanta\u0026rsquo;s Senior Vice President of Community Development. \u0026ldquo;We\u0026rsquo;re excited because this project not only protects and restores a blighted property, but it also provides a much-needed asset in Downtown Atlanta.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eOn Thursday, October 19, the board awarded the sale of the building located at 143 Alabama Street for $2 million to Pope \u0026amp; Land and Place Properties. The joint venture will redevelop the property into a mixed-use project that will include into 67,000 square-feet of loft office and 2,5000 square-feet of retail space. It will also include a residential component with at least 112 new multi-family rental units, 34 of which will be income-restricted to households earning 80% of the Area Median Income (AMI).\u003c/p\u003e\r\n\r\n\u003cp\u003eThis project will preserve an historic building, serve as an economic anchor bringing 24-hour vitality to South Downton, and provide 30-year housing affordability in Downtown Atlanta. The $40.6 million project is estimated to have an economic impact of $56.5 million and will create 360 permanent jobs in the new office and retail spaces. Construction is expected to begin in the summer of 2018, with the office portion wrapping up in 2019 and the residential construction ending in early 2020.\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":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":8,"title":"IA Grant Supports Housing for Homeless Women and Children","promo_title":"IA Grant Supports Housing for Homeless Women and Children","published_date":"2017-10-06","featured_image":{"id":213,"parent_id":33,"resource_file_name":"city_of_refuge_v2_larger.jpg","resource_content_type":"image/jpeg","resource_file_size":60481,"resource_updated_at":"2017-12-20T13:09:11.563-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T13:09:11.699-05:00","updated_at":"2017-12-20T13:10:44.873-05:00","filename_hash":"city_of_refuge_v2_larger_jpvjjDb.jpg","width":800,"height":601},"filename":"ia-grant-supports-housing-for-homeless-women-and-children","meta_data_id":null,"published":true,"token":"-6RPag","created_at":"2017-12-20T13:10:44.362-05:00","updated_at":"2017-12-20T13:10:44.362-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n City of Refuge will use a $350,000 Housing Opportunity Fund grant to develop supportive housing for homeless women and children.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eA $350,000 grant from the Housing Opportunity Fund will go to the City of Refuge to reimburse the organization for property being developed into supportive housing for homeless women and children. The Urban Residential Finance Authority board approved the grant in June, and the grant closed in September.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe property, located directly across from the City of Refuge\u0026rsquo;s center off Joseph E. Boone Blvd., will be redeveloped into at least 43 units of new supportive housing. Formerly homeless residents will have access to a variety of services, including meal services, day care, after school programming, counseling, and job training.\u003c/p\u003e\r\n\r\n\u003cp\u003eCity of Refuge is non-profit organization that provides access to opportunities in housing, vocational training, healthcare and youth development on Atlanta\u0026rsquo;s Westside. They have served over 20,000 men, women, and children in crisis over the past two decades. Over 100 full-time City of Refuge and partner staff members are trained, educated, and experienced in assisting individuals and families in crisis to access resources and create a plan for future success. Their partners include Invest Atlanta, as well as St. Joseph\u0026rsquo;s Mercy Care Clinic, Westcare, Bright Futures Academy, Feed My Lambs, Genuine Parts Company, BB\u0026amp;T, Regions Bank, SunTrust Bank, Chick-fil-a, Coca-Cola, and Georgia Public Defenders.\u003c/p\u003e\r\n\r\n\u003cp\u003eLast year, City of Refuge received more than\u0026nbsp;\u003ca href=\"http://insight.investatlanta.com/2016/10/19/city-of-refuge-receives-funding-to-expand-job-training-on-the-westside/\"\u003e$7 million in philanthropic support\u003c/a\u003e\u0026nbsp;for the construction and renovation of a 20,000-sq.ft. training center and culinary academy, which is scheduled to open in the fall of 2019.\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":11,"title":"Atlanta BeltLine’s Westside Trail Officially Opens","promo_title":"Atlanta BeltLine’s Westside Trail Officially Opens","published_date":"2017-10-04","featured_image":{"id":216,"parent_id":33,"resource_file_name":"westside_trail_feature_-1-.jpg","resource_content_type":"image/jpeg","resource_file_size":827622,"resource_updated_at":"2017-12-20T13:34:21.438-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T13:34:21.822-05:00","updated_at":"2017-12-20T13:35:28.114-05:00","filename_hash":"westside_trail_feature_-1-_8myOOlr.jpg","width":4688,"height":3516},"filename":"atlanta-beltlines-westside-trail-officially-opens","meta_data_id":null,"published":true,"token":"ncZgEw","created_at":"2017-12-20T13:35:27.583-05:00","updated_at":"2017-12-20T13:35:27.583-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Westside Trail, a new three-mile corridor on the Atlanta BeltLine, is now open and available for everyone to enjoy.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Westside Trail, a new three-mile corridor on the Atlanta BeltLine, is now open and available for everyone to enjoy.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe ribbon-cutting ceremony took place at Gordon White Park on Friday, September 29. In attendance were Mayor Kasim Reed, Rep. John Lewis, Atlanta BeltLine Inc. President and CEO Brian McGowan, Atlanta BeltLine Partnership Executive Director Rob Brawner, Invest Atlanta President and CEO Dr. Eloisa Klementich, and many others.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe $43 million investment brings the Atlanta BeltLine, Inc. closer to its goal of connecting every community in the City of Atlanta. Running from Washington Park to Adair Park in Southwest Atlanta, the new 14-foot wide multi-use trail features 14 access points, public art and greenway. Of the 14 access points, 11 entrances are ADA accessible \u0026ndash; representing more accessibility than any other trail in the city. For a half mile along White Street, the trail will use the existing West End Trail.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Today is a good day in the City of Atlanta as we celebrate a promise kept with the opening of the new Westside Trail,\u0026rdquo; said Mayor Kasim Reed. \u0026ldquo;My Administration was committed to working with the Atlanta BeltLine and other partners to make this shared public space available in Southwest Atlanta, connecting some of the city\u0026rsquo;s most important and historic neighborhoods in a new way while honoring them with such a valuable and significant investment.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Westside Trail is the largest expansion of the Atlanta BeltLine since its inception. The amenity connects four schools, four parks and a dozen Westside neighborhoods. The trail will also feature murals, sculptures and other artwork.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We are proud to celebrate this significant milestone in the Atlanta BeltLine\u0026rsquo;s history \u0026ndash; the opening of the Westside Trail,\u0026rdquo; said Brian McGowan. \u0026ldquo;This trail will have a transformative effect on the city and will foster new jobs, promote business creation and ensure livable communities in Southwest Atlanta. As we continue to build upon this amenity, we are 100 percent committed to working with the community to identify the unique needs that must be built in our planning as much as our concrete trails are.\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":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":14,"title":"Atlanta Cuts the Ribbon on the North Avenue Smart Corridor","promo_title":"Atlanta Cuts the Ribbon on the North Avenue Smart Corridor","published_date":"2017-09-15","featured_image":{"id":221,"parent_id":33,"resource_file_name":"north_ave_feature.jpg","resource_content_type":"image/jpeg","resource_file_size":1483350,"resource_updated_at":"2017-12-20T14:23:49.244-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T14:23:49.651-05:00","updated_at":"2017-12-20T14:25:50.153-05:00","filename_hash":"north_ave_feature_bzneky8.jpg","width":5120,"height":3840},"filename":"atlanta-cuts-the-ribbon-on-the-north-avenue-smart-corridor","meta_data_id":null,"published":true,"token":"p5D3cg","created_at":"2017-12-20T14:25:49.019-05:00","updated_at":"2017-12-20T14:25:49.019-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The City of Atlanta and Georgia Tech launched the North Avenue Smart Corridor at Ponce City Market on September 14.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe City of Atlanta and Georgia Tech officially launched the North Avenue Smart Corridor at Ponce City Market on September 14.\u003c/p\u003e\r\n\r\n\u003cp\u003eFunded by the Renew Atlanta Infrastructure Bond, the Smart Corridor will have more than 100 street sensors gather real-time data, which will then be used to provide efficient traffic management through data analytics. The goal is to improve traffic flow, increase automotive and pedestrian safety, and reduce emergency response times.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This event represents another giant step forward for Atlanta\u0026rsquo;s Smart City future, and it\u0026rsquo;s all about our progress in being first to the future,\u0026rdquo; Mayor Kasim Reed said at the ceremony. \u0026ldquo;The North Avenue Smart Corridor really is a game changer for the City of Atlanta.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThis project is part of Atlanta\u0026rsquo;s larger Smart City strategy to implement a data-centric approach to improving quality of life, growing the local economy, and ensuring greater equity in the city.\u003c/p\u003e\r\n\r\n\u003cp\u003eNorth Avenue was chosen as the location for the initial pilot project because of its importance as an employment corridor and an important east-west transportation artery. The street connects Georgia Tech, Coca-Cola headquarters, Georgia Department of Transportation headquarters, the North Ave. MARTA rail station, and the Atlanta BeltLine\u0026rsquo;s Eastside Trail.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta funded the purchase of smart cameras that will be used to gather critically important data. Several Atlanta-based technology companies are involved in implementing the project. Applied Information is providing connected vehicle infrastructure, and Surtrac will offer their Artificial Intelligence-based adaptive traffic signal system.\u003c/p\u003e\r\n\r\n\u003cp\u003eAmong the dozens on hand to celebrate the occasion were Georgia Tech President G.P. \u0026ldquo;Bud\u0026rdquo; Peterson, Renew Atlanta General Manager Faye DiMassimo, Chief Information Officer Samir Saini, as well as Councilmembers Alex Wan, Andre Dickens, and C.T. Martin.\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 North Avenue\n\u003c/span\u003e\n"},{"id":15,"title":"FlatironCity Named ULI Atlanta’s 2017 Project of the Year","promo_title":"FlatironCity Named ULI Atlanta’s 2017 Project of the Year","published_date":"2017-09-15","featured_image":{"id":222,"parent_id":33,"resource_file_name":"flatiron_poty_iainsight.png","resource_content_type":"image/png","resource_file_size":905179,"resource_updated_at":"2017-12-20T14:28:44.937-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T14:28:45.114-05:00","updated_at":"2018-08-03T15:18:50.421-04:00","filename_hash":"flatiron_poty_iainsight_mpoaK91.png","width":1029,"height":628},"filename":"flatironcity-named-uli-atlantas-2017-project-of-the-year","meta_data_id":null,"published":true,"token":"BQTw3Q","created_at":"2017-12-20T14:30:28.854-05:00","updated_at":"2018-08-03T15:18:50.404-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n FlatironCity was awarded the 2017 Project of the Year by ULI Atlanta at the organization\u0026rsquo;s annual Awards of Excellence.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eFlatironCity was awarded the 2017 Project of the Year by The Urban Land Institute (ULI) Atlanta at the organization\u0026rsquo;s annual Awards of Excellence. Invest Atlanta supported the renovation of the Flatiron building, Atlanta\u0026rsquo;s oldest skyscraper, into a next-generation office space.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project received a $1.5 million Westside TAD investment from Invest Atlanta, as well as a $11.2 million New Markets Tax Credit allocation through Atlanta Emerging Markets, Inc. (AEMI).\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The financing for this project was particularly creative, using various public and private sector financial tools,\u0026rdquo; one award juror told the\u0026nbsp;\u003ca href=\"https://www.bizjournals.com/atlanta/news/2017/09/15/project-of-the-year-flatiron-city-transforms.htm\"\u003eAtlanta Business Chronicle\u003c/a\u003e. \u0026ldquo;In addition, this project took an existing Atlanta asset that was a burden in an important location downtown and repurposed it through adaptive reuse into a source of energy and creativity.\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":27,"title":"Much-Needed Upgrades Coming to Midtown’s Colony Square","promo_title":"Much-Needed Upgrades Coming to Midtown’s Colony Square","published_date":"2017-09-09","featured_image":{"id":234,"parent_id":33,"resource_file_name":"colony_square_feature.png","resource_content_type":"image/png","resource_file_size":1832122,"resource_updated_at":"2017-12-20T15:26:56.653-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T15:26:56.808-05:00","updated_at":"2017-12-20T15:27:20.205-05:00","filename_hash":"colony_square_feature_np9kjXZ.png","width":898,"height":674},"filename":"much-needed-upgrades-coming-to-midtowns-colony-square","meta_data_id":null,"published":true,"token":"-WR4Ig","created_at":"2017-12-20T15:27:19.695-05:00","updated_at":"2017-12-20T15:27:19.695-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n North American Properties to transform Colony Square, which sits in the heart of Midtown Atlanta, into a vibrant mixed-use development.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eNorth American Properties is set to transform Colony Square, which sits in the heart of Midtown Atlanta at Peachtree and 14th Streets, into a vibrant mixed-use development. And under Mayor Reed\u0026rsquo;s leadership, the Invest Atlanta Board of Directors passed an inducement resolution to provide up to $160 million in bond financing for the project.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;What the company is trying to do right now is turn Colony Square\u0026mdash;which occupies the center of one of the most important communities\u0026mdash;from something that looks like it sits in the 1970\u0026rsquo;s to something that looks like it sits in 2020,\u0026rdquo; said Mayor Kasim Reed at the July board meeting. \u0026ldquo;We all have a compelling interest in making sure that occurs.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003ePlans call for the redevelopment of Colony Square\u0026rsquo;s existing retail and office space, as well as the addition of a new 25,000 square-foot food hall and 8-screen movie theater. Other project improvements will include a plaza area for public events, better pedestrian access, traffic enhancements, increased energy efficiency, and the addition of new green space.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe $160 million investment will create up to 390 new retail employees and 250 new office employees, and will have an estimated economic impact of $230.1 million. The updated Colony Square is also expected to attract new companies to Atlanta and catalyze additional development in Midtown.\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 Midtown\n\u003c/span\u003e\n"},{"id":18,"title":"Groundbreaking Kicks Off Work on Rehab of Wheat Street Towers","promo_title":"Groundbreaking Kicks Off Work on Rehab of Wheat Street Towers","published_date":"2017-09-01","featured_image":{"id":225,"parent_id":33,"resource_file_name":"wheat_street_main-768x420.jpg","resource_content_type":"image/jpeg","resource_file_size":85062,"resource_updated_at":"2017-12-20T14:42:51.321-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T14:42:51.463-05:00","updated_at":"2017-12-20T14:43:46.694-05:00","filename_hash":"wheat_street_main-768x420_p5Vxm7p.jpg","width":768,"height":420},"filename":"groundbreaking-kicks-off-work-on-rehab-of-wheat-street-towers","meta_data_id":null,"published":true,"token":"30nnyQ","created_at":"2017-12-20T14:43:46.211-05:00","updated_at":"2017-12-20T14:43:46.211-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The official groundbreaking for upgrades to the Wheat Street Towers on Auburn Avenue took place on Thursday, August 17.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe official groundbreaking for upgrades to the Wheat Street Towers on Auburn Avenue took place on Thursday, August 17. The Urban Residential Finance Authority (URFA) supported the acquisition, rehabilitation, preservation of the residential complex through a $12.5 million bond financing.\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce open, the Wheat Street Towers will have 208 units available for seniors earning 60% Average Median Income (AMI). The existing Housing Assistance Payments Contract will stay in place, and residents will pay no more than 30% of their income. Residents will live in updated residences, with access to amenities like a business center, fitness center, and a central laundry.\u003c/p\u003e\r\n\r\n\u003cp\u003eMembers of the Invest Atlanta team were on hand to celebrate alongside the Benoit Group, Wheat Street Charitable Foundation, Dorchester Management, and others who made the day possible.\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":20,"title":"IA Travels to Hong Kong to Exchange Transit-Oriented Development Insights","promo_title":"IA Travels to Hong Kong to Exchange Transit-Oriented Development Insights","published_date":"2017-08-31","featured_image":{"id":227,"parent_id":33,"resource_file_name":"hong_kong_1.jpg","resource_content_type":"image/jpeg","resource_file_size":764912,"resource_updated_at":"2017-12-20T14:48:47.982-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T14:48:48.278-05:00","updated_at":"2017-12-20T14:49:45.106-05:00","filename_hash":"hong_kong_1_E6xeJvV.jpg","width":4032,"height":3024},"filename":"ia-travels-to-hong-kong-to-exchange-transit-oriented-development-insights","meta_data_id":null,"published":true,"token":"EEIDPQ","created_at":"2017-12-20T14:49:44.558-05:00","updated_at":"2017-12-20T14:49:44.558-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Erika Davis from Invest Atlanta joined with other City of Atlanta officials for a fact-finding trip focused on transit-oriented development.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eErika Davis, Senior Project Manager of Business Retention and Expansion at Invest Atlanta, recently joined with several other City of Atlanta officials for a fact-finding trip focused on transit-oriented development, or TOD. Along with Davis, the Atlanta contingent included: William Johnson, Commissioner of Public Works; Jalal Slade, Senior Policy Advisor on Real Estate; and Catherine Buell, CEO of the Atlanta Housing Authority (AHA) .\u003c/p\u003e\r\n\r\n\u003cp\u003eThe group met with a variety of Hong Kong government officials to discuss housing, walkability, and connectivity to transit. With the Bureau of Land, the team learned that Hong Kong leases land to TOD developers, who generally prefer to focus on commercial development first rather than residential. These commercial developments, many of which sit on or near transit stations, offer convenience to city residents.\u003c/p\u003e\r\n\r\n\u003cp\u003ePublic transit is critically important to Hong Kong, since only 6 percent of residents own a car, and 90 percent of all commutes rely on public transportation. To handle the large ridership in an efficient way, the Atlanta team learned, HK officials have focused on improving pedestrian accessibility to stations in the central business districts. They\u0026rsquo;ve also worked to plan and developing new residential areas along rail transit extensions.\u003c/p\u003e\r\n\r\n\u003cp\u003eOf course, the Atlanta team also shared information about the city\u0026rsquo;s efforts on TOD. Davis presented on several of Invest Atlanta\u0026rsquo;s recent efforts on TOD. She spoke about the MLK Innovation Village is being created at Hamilton E. Holmes MARTA station using repurposed shipping containers. She also presented about Invest Atlanta\u0026rsquo;s role in supporting TOD at King Memorial MARTA Station. Through a $6 million Eastside TAD grant, IA is ensuring that 20 percent of the 400 residential units being constructed will be affordable.\u003c/p\u003e\r\n\r\n\u003cp\u003eDavis and the others concluded their trip by attending an international TOD and smart city conference, joining other officials from Singapore, China, and Vancouver, Canada.\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":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":23,"title":"Board Approves $26 Million in Bond Financing to Support Homelessness Initiatives","promo_title":"Board Approves $26 Million to Support Homelessness Initiatives","published_date":"2017-08-18","featured_image":{"id":230,"parent_id":33,"resource_file_name":"homelessness_feature.jpg","resource_content_type":"image/jpeg","resource_file_size":171396,"resource_updated_at":"2017-12-20T15:10:00.471-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T15:10:00.683-05:00","updated_at":"2017-12-20T15:11:04.658-05:00","filename_hash":"homelessness_feature_5E5Va4O.jpg","width":2289,"height":1717},"filename":"board-approves-26-million-in-bond-financing-to-support-homelessness-initiatives","meta_data_id":null,"published":true,"token":"-MuC9w","created_at":"2017-12-20T15:11:04.154-05:00","updated_at":"2017-12-20T15:11:04.154-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors unanimously passed a resolution to provide $26 million for eradicating homelessness in Atlanta.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003e\u003cspan style=\"color: rgb(56, 64, 71); font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; font-size: 14px;\"\u003eMayor Kasim Reed and the Invest Atlanta Board of Directors unanimously passed a resolution at its August board meeting that will provide $26 million in additional funding for initiatives to eradicate homelessness in the City of 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 Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n \n\u003c/span\u003e\n"},{"id":144,"title":"Invest Atlanta Continues to Get Federal Funds Through GDOT Recertification","promo_title":"Invest Atlanta Continues to Get Federal Funds Through GDOT Recertification","published_date":"2017-08-17","featured_image":{"id":342,"parent_id":34,"resource_file_name":"pasted_image_at_2017_12_20_04_24_pm.png","resource_content_type":"image/png","resource_file_size":217989,"resource_updated_at":"2017-12-21T14:48:02.712-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":3,"created_at":"2017-12-21T14:48:02.922-05:00","updated_at":"2017-12-21T16:06:55.877-05:00","filename_hash":"pasted_image_at_2017_12_20_04_24_pm_wjyzvEe.png","width":1080,"height":1080},"filename":"invest-atlanta-continues-to-get-federal-funds-through-gdot-recertification","meta_data_id":null,"published":true,"token":"5ZLC1w","created_at":"2017-12-21T16:04:42.900-05:00","updated_at":"2017-12-21T16:04:42.900-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Georgia Department of Transportation\u0026rsquo;s (GDOT) Local Administered Project Certification Committee has approved Invest Atlanta\u0026rsquo;s recertification application.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Georgia Department of Transportation\u0026rsquo;s (GDOT) Local Administered Project Certification Committee has approved Invest Atlanta\u0026rsquo;s recertification application. The action means that Invest Atlanta will continue to receive federal funding through GDOT for Atlanta Beltline projects until Aug. 31, 2019.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn February 2015, Invest Atlanta learned that its existing certification \u0026ndash;issued in 2013 \u0026ndash; would expire in May 2016, but the IA staffers who had been responsible for that certification were no longer with the agency. In order to win recertification, at least two individuals from IA would be required to get certification in four different training courses covering Local Administered Projects, the Plan Development Process, Rights of Way Acquisition and Title VI.\u003c/p\u003e\r\n\r\n\u003cp\u003eTwo current Invest Atlanta team members, Assistant General Counsel June Ford and Jennifer Fine, vice president of Neighborhood Development, responded to the challenge and completed the coursework within a matter of months.\u003c/p\u003e\r\n\r\n\u003cp\u003eThere also were two other recertification requirements for Invest Atlanta: it had to develop a policy demonstrating IA\u0026rsquo;s compliance with Title VI, which bans discrimination on the basis of race, color or national origin by any organization receiving federal funding; and it had to formulate a policy in compliance with the Brooks Act, which compels agencies to promote open competition by advertising, ranking, selecting, and negotiating contracts based on demonstrated competence and qualifications for the type of engineering and design services being procured at a fair and reasonable price. Both policies that IA prepared and submitted were approved.\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":25,"title":"AEMI Supports Renovation of Grady Women’s and Infants’ Center","promo_title":"AEMI Supports Renovation of Grady Women’s and Infants’ Center","published_date":"2017-08-16","featured_image":{"id":232,"parent_id":33,"resource_file_name":"grady_feature.png","resource_content_type":"image/png","resource_file_size":838679,"resource_updated_at":"2017-12-20T15:14:03.304-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T15:14:03.458-05:00","updated_at":"2017-12-20T15:14:56.794-05:00","filename_hash":"grady_feature_7J634Dl.png","width":768,"height":577},"filename":"aemi-supports-renovation-of-grady-womens-and-infants-center","meta_data_id":null,"published":true,"token":"IOy-7A","created_at":"2017-12-20T15:14:56.377-05:00","updated_at":"2017-12-20T15:14:56.377-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Grady Hospital\u0026rsquo;s Women\u0026rsquo;s and Infants\u0026rsquo; Center will undergo a $20 million renovation and expansion.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eGrady Hospital\u0026rsquo;s Women\u0026rsquo;s and Infants\u0026rsquo; Center will undergo a $20 million renovation and expansion, thanks in part to funding from a New Markets Tax Credit allocation received through\u0026nbsp;\u003ca href=\"http://www.atlantaemergingmarkets.org/\"\u003eAtlanta Emerging Markets, Inc. (AEMI)\u003c/a\u003e. (AEMI is a certified Community Development Entity created by Invest Atlanta in 2006 that specializes in providing gap financing for large-scale, high-impact projects in Atlanta\u0026rsquo;s distressed neighborhoods.)\u003c/p\u003e\r\n\r\n\u003cp\u003eGrady\u0026rsquo;s Women\u0026rsquo;s and Infants\u0026rsquo; Center is home to the only specialized obstetric ICU in Georgia and serves prenatal and gynecological care for vulnerable populations not able to receive care elsewhere. Once the renovation project is complete, the Center, which has not received substantial upgrades in more than two decades, will be able to provide improved medical services to thousands more women. Grady estimates they\u0026rsquo;ll be able to handle 20% more deliveries (up to 3,700 annually), 29% more prenatal visits (around 17,500 annually), and 37% more services visits for women (around 13,000 annually).\u003c/p\u003e\r\n\r\n\u003cp\u003eThe care provided to Grady\u0026rsquo;s patients will improve, thanks to better coordination for prenatal, birthing, and post-partum care, as well as the installation of modern design and equipment. The upgrades will also result in operational efficiencies at one of the most important public hospitals in the southeast, and the creation of 50 full-time jobs.\u003c/p\u003e\r\n\r\n\u003cp\u003eAEMI officially closed on an $8 million New Markets Tax Credit (NMTC) allocation on Wednesday, August 16. The Urban Research Park CDE and SunTrust are allocating $12 million and $2 million in NMTC respectively. Grady is covering the remaining project cost.\u003c/p\u003e\r\n\r\n\u003cp\u003eConstruction has already begun, and the first phase of the project is expected to be complete by the end of this year. The second phase is slated to begin in 2018.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe improved Women\u0026rsquo;s and Infants\u0026rsquo; Center will help Grady perform at the highest levels of patient satisfaction, clinical quality, and operation efficiency, while delivering more for women and children when it matters most.\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":29,"title":"Invest Atlanta Supports Projects Key to City’s Past, Present, and Future","promo_title":"Invest Atlanta Supports Projects Key to City’s Future","published_date":"2017-08-09","featured_image":{"id":235,"parent_id":33,"resource_file_name":"newport_feature.png","resource_content_type":"image/png","resource_file_size":1790667,"resource_updated_at":"2017-12-20T15:30:04.755-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T15:30:04.922-05:00","updated_at":"2018-04-03T12:29:08.995-04:00","filename_hash":"newport_feature_2ampqRr.png","width":934,"height":701},"filename":"invest-atlanta-supports-projects-key-to-citys-past-present-and-future","meta_data_id":null,"published":true,"token":"5rjZbw","created_at":"2017-12-20T15:40:46.704-05:00","updated_at":"2018-04-03T12:29:08.982-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n At their July meeting, the Invest Atlanta Board of Directors authorized seven Eastside TAD grants totaling $27.4 million.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt their July meeting, the Invest Atlanta Board of Directors authorized seven Eastside TAD grants totaling $27.4 million. Once finalized, this funding will support projects that honor Atlanta\u0026rsquo;s past through the rehabilitation of key historic assets, while also strengthening the city\u0026rsquo;s economy for the future. In total, the seven projects these grants support will create 3,456 new full-time jobs, attract $486.7 million in investment, and have an estimated economic impact of $694.3 million.\u003c/p\u003e\r\n\r\n\u003cp\u003eSeveral of the grants will be used to renovate key historic buildings\u0026mdash;including the 90-year-old Medical Arts Building and the 127-year-old historic home of Alexander Hamilton, Jr.\u0026mdash;and bring them into higher and better use. Others focus on attracting new investment and development to areas like Underground Atlanta and South Downtown.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;A lot of very hard, deliberate work has been done, piece by piece,\u0026rdquo; said Mayor Kasim Reed, who led the meeting in his role as Board Chair. \u0026ldquo;We\u0026rsquo;re just staying at it.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eBelow is an overview of the economic benefits these projects provide, along with a brief description of each.\u003c/p\u003e\r\n\r\n\u003cp style=\"text-align:center\"\u003e\u003cimg alt=\"\" data-save-url=\"http://insight.investatlanta.com/wp-content/uploads/2017/08/excel_chart_5.png\" data-verified=\"redactor\" src=\"http://insight.investatlanta.com/wp-content/uploads/2017/08/excel_chart_5.png\" style=\"max-width: 100%; vertical-align: middle; border: 0px; width: auto; height: auto; color: rgb(56, 64, 71); font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; font-size: 14px;\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eMedical Arts Building:\u0026nbsp;This Beaux-Arts style office building designed by G. Lloyd Preacher, the architect of Atlanta City Hall, is on the National Register of Historic places. The historic preservation of this vacant property will reactivate 85,000 square-feet of Downtown space.\u003c/p\u003e\r\n\r\n\u003cp style=\"text-align:center\"\u003e\u003ca href=\"http://insight.investatlanta.com/wp-content/uploads/2017/08/medical_arts_2.png\" style=\"color: rgb(61, 138, 235); text-decoration-line: none; outline: none; margin-bottom: 0px;\"\u003e\u003cimg alt=\"\" data-verified=\"redactor\" src=\"http://insight.investatlanta.com/wp-content/uploads/2017/08/medical_arts_2-300x267.png\" style=\"max-width: 100%; vertical-align: middle; border-width: 0px; border-style: initial; width: auto; height: auto; margin-top: 0px; margin-bottom: 0px;\" /\u003e\u003c/a\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e135 Auburn Avenue:\u0026nbsp;Gene Kansas Commercial Real Estate will renovate the second floor and exterior of the building into 9,500 square-feet of office space for small businesses, entrepreneurs, and non-profits. \u0026ldquo;This is one of the projects I\u0026rsquo;m excited about,\u0026rdquo; Board Vice-Chair Constance Barkley-Lewis said at the meeting. \u0026ldquo;I think this will a huge impact on improving an area that arguably should be the number one priority because it really is the heartbeat, the soul of Atlanta.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp style=\"text-align:center\"\u003e\u003ca href=\"http://insight.investatlanta.com/wp-content/uploads/2017/08/auburn_2.png\" style=\"color: rgb(61, 138, 235); text-decoration-line: none; outline: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; font-size: 14px;\"\u003e\u003cimg alt=\"\" data-verified=\"redactor\" src=\"http://insight.investatlanta.com/wp-content/uploads/2017/08/auburn_2-300x157.png\" style=\"max-width: 100%; vertical-align: middle; border-width: 0px; border-style: initial; width: auto; height: auto; margin-top: 0px; margin-bottom: 0px;\" /\u003e\u003c/a\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eUnderground Atlanta Retail and Office Development:\u0026nbsp;An Eastside TAD grant will support the development of 325,000 square-feet of retail space that will include an anchor grocery store, as well as 25,230 square-feet of office space. Councilmember Cleta Winslow, who represents the area surrounding Underground, spoke in support of the project at the board meeting. \u0026ldquo;This is a very exciting moment for us,\u0026rdquo; she said. \u0026ldquo;I\u0026rsquo;m looking forward to the future positive development of this area.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp style=\"text-align:center\"\u003e\u003ca href=\"http://insight.investatlanta.com/wp-content/uploads/2017/08/underground_1.png\" style=\"color: rgb(61, 138, 235); text-decoration-line: none; outline: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; font-size: 14px;\"\u003e\u003cimg alt=\"\" data-verified=\"redactor\" src=\"http://insight.investatlanta.com/wp-content/uploads/2017/08/underground_1-300x173.png\" style=\"max-width: 100%; vertical-align: middle; border-width: 0px; border-style: initial; width: auto; height: auto; margin-top: 0px; margin-bottom: 0px;\" /\u003e\u003c/a\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Hamilton Howell House:\u0026nbsp;With the help of the $100,000 Eastside TAD grant, Mtamanika Youngblood will renovate and convert the historic home of Alexander Hamilton Jr. into a bed and breakfast that will promote cultural tourism and historic preservation within the Sweet Auburn community. \u0026ldquo;This is a prime example of providing moneys to support folks in the community,\u0026rdquo; said Board Treasurer Randy Hazelton.\u003c/p\u003e\r\n\r\n\u003cp style=\"text-align:center\"\u003e\u003ca href=\"http://insight.investatlanta.com/wp-content/uploads/2017/08/hamilton_howell_1.png\" style=\"color: rgb(61, 138, 235); text-decoration-line: none; outline: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; font-size: 14px;\"\u003e\u003cimg alt=\"\" data-verified=\"redactor\" src=\"http://insight.investatlanta.com/wp-content/uploads/2017/08/hamilton_howell_1-300x216.png\" style=\"max-width: 100%; vertical-align: middle; border-width: 0px; border-style: initial; width: auto; height: auto; margin-top: 0px; margin-bottom: 0px;\" /\u003e\u003c/a\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Avery at Underground Atlanta:\u0026nbsp;This $36.7 million, 4-story workforce multifamily development will sit 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/p\u003e\r\n\r\n\u003cp style=\"text-align:center\"\u003e\u003ca href=\"http://insight.investatlanta.com/wp-content/uploads/2017/07/avery_rendering_feature.jpg\" style=\"color: rgb(61, 138, 235); text-decoration-line: none; outline: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; font-size: 14px;\"\u003e\u003cimg alt=\"\" data-verified=\"redactor\" src=\"http://insight.investatlanta.com/wp-content/uploads/2017/07/avery_rendering_feature-300x225.jpg\" style=\"max-width: 100%; vertical-align: middle; border-width: 0px; border-style: initial; width: auto; height: auto; margin-top: 0px; margin-bottom: 0px;\" /\u003e\u003c/a\u003e\u003c/p\u003e\r\n\r\n\u003cp\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/p\u003e\r\n\r\n\u003cp style=\"text-align:center\"\u003e\u003cimg alt=\"\" data-verified=\"redactor\" src=\"http://insight.investatlanta.com/wp-content/uploads/2017/08/newport_2-300x169.png\" style=\"max-width: 100%; vertical-align: middle; border: 0px; width: auto; height: auto; color: rgb(56, 64, 71); font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; font-size: 14px;\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eKing Memorial MARTA Transit-Oriented Development (TOD): 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/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":33,"title":"Chris Ahrenkiel Joins Invest Atlanta Board of Directors","promo_title":"Chris Ahrenkiel Joins Invest Atlanta Board of Directors","published_date":"2017-08-03","featured_image":{"id":240,"parent_id":33,"resource_file_name":"chris_ahrenkiel_feature.jpg","resource_content_type":"image/jpeg","resource_file_size":55588,"resource_updated_at":"2017-12-20T15:58:45.435-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T15:58:45.587-05:00","updated_at":"2017-12-20T15:59:24.828-05:00","filename_hash":"chris_ahrenkiel_feature_mpoay4x.jpg","width":1200,"height":900},"filename":"chris-ahrenkiel-joins-invest-atlanta-board-of-directors","meta_data_id":null,"published":true,"token":"-j6grQ","created_at":"2017-12-20T15:59:24.461-05:00","updated_at":"2017-12-20T15:59:24.461-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors welcomed their newest member, Chris Ahrenkiel, at their meeting in July.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors welcomed their newest member, Chris Ahrenkiel, at their meeting in July. Chris brings with him a wealth of commercial real estate knowledge and experience to Invest Atlanta. He is currently a Managing Director of Tishman Speyer and leads the firm\u0026rsquo;s activities in Atlanta. Locally, Tishman Speyer\u0026rsquo;s focus is the development and leasing of Atlanta\u0026rsquo;s newest office development, Three Alliance Center, a 500,000 square foot, 30 story tower in Buckhead.\u003c/p\u003e\r\n\r\n\u003cp\u003eChris also serves on the Board of Directors of the Metro Atlanta Chamber of Commerce, and the Atlanta Commercial Board of Realtors. Previously, Chris has served on the Board of Directors of REGA (Real Estate Group of Atlanta), Midtown Alliance, GSU Real Estate Alumni Board, Georgia Institute of Real Estate, and was a co-founder of NAIOP Future Leaders (NFL).\u003c/p\u003e\r\n\r\n\u003cp\u003eChris is a Leadership Atlanta alumnus (Class of 2017) and in 2015 he was honored as one of Atlanta\u0026rsquo;s 40 under 40 by the Atlanta Business Chronicle. A native of Germany, he\u0026rsquo;s has lived in Atlanta for 31 years. He graduated Cum Laude with a B.B.A. from the University of Georgia in 1998 and earned his M.B.A. with a concentration in Commercial Real Estate from Georgia State University in 2003.\u003c/p\u003e\r\n\r\n\u003cp\u003eWelcome, Chris!\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":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":156,"title":"NALHFA Board Travels to D.C. to Push For Affordable Housing Solutions","promo_title":"NALHFA Board Pushes For Affordable Housing Solutions in D.C.","published_date":"2017-07-11","featured_image":{"id":386,"parent_id":33,"resource_file_name":"nalhfa_dawn_feature_v2.jpg","resource_content_type":"image/jpeg","resource_file_size":72629,"resource_updated_at":"2017-12-22T08:48:01.143-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-22T08:48:01.320-05:00","updated_at":"2017-12-22T08:48:19.939-05:00","filename_hash":"nalhfa_dawn_feature_v2_W1a5x14.jpg","width":960,"height":720},"filename":"nalhfa-board-travels-to-dc-to-push-for-affordable-housing-solutions","meta_data_id":null,"published":true,"token":"2IFQPQ","created_at":"2017-12-22T08:48:19.162-05:00","updated_at":"2017-12-22T08:48:19.162-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Dawn Luke, Senior VP of Community Development, joined fellow board members of the National Association of Local Housing Finance Agencies (NALHFA).\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eDawn Luke, Invest Atlanta\u0026rsquo;s Senior VP of Community Development, joined fellow board members of the\u0026nbsp;\u003ca href=\"https://www.nalhfa.org/\"\u003eNational Association of Local Housing Finance Agencies (NALHFA)\u003c/a\u003e\u0026nbsp;on a trip to Washington, D.C. to speak with federal lawmakers about solutions to the nation\u0026rsquo;s affordable housing crisis. Luke was\u0026nbsp;\u003ca href=\"http://insight.investatlanta.com/2016/05/19/nalhfa-elects-dawn-luke-to-its-board-of-directors/\"\u003eelected to the NALHFA board\u003c/a\u003e\u0026nbsp;in May of last year.\u003c/p\u003e\r\n\r\n\u003cp\u003eOn June 29, NALHFA board members and staff met with the Ja\u0026rsquo;Ron Smith, Director of Urban Affairs and Revitalization Policy at the White House and ten different Congressional offices. Discussion topics included enhancing the Low Income Housing Tax Credit (LIHTC) Program, preserving funding for the Department of Housing and Urban Development (HUD) programs, strengthening the municipal bond market, and increasing opportunities for public-private partnerships in the affordable housing industry.\u003c/p\u003e\r\n\r\n\u003cp\u003eNALHFA board members and staff also held several constructive meetings with Congressional offices. Every office was supportive of affordable housing programs and requested to remain engaged with NALHFA about what can be done to address the affordable housing crisis.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe NALHFA trip achieved several positive outcomes on the following issues:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eThe Municipal Finance Support Act of 2017:\u0026nbsp;This would allow large banks to count some of their municipal bond investments, including tax-exempt housing bonds, as high-quality liquid assets (HQLAs) under federal bank liquidity standard. NALHFA received the support of Senator David Perdue\u0026rsquo;s (R-GA) office and they have since co-sponsored the bill.\u003c/li\u003e\r\n\t\u003cli\u003eThe Affordable Housing Credit Improvement Act of 2017:\u0026nbsp;Passage of this legislation would be a huge win for the industry and provide a much needed boost to the LIHTC program. NALHFA was able to secure Senator Dianne Feinstein\u0026rsquo;s (D-CA) office commitment to co-sponsor the legislation.\u003c/li\u003e\r\n\t\u003cli\u003eHUD Funding and the President\u0026rsquo;s Budget Proposal:\u0026nbsp;The Congressional offices the team visited all indicated that the President\u0026rsquo;s budget is not being used to determine funding levels for these programs and there are no plans to eliminate programs like Community Development Block Grants (CDBG) and HOME Investment Partnerships (HOME).\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eDuring the White House meeting, Luke and the other NALHFA board members discussed the importance of the affordable housing programs to public-private partnerships, infrastructure development, and economic growth. Ja\u0026rsquo;Ron Smith emphasized the Administration\u0026rsquo;s focus on getting the biggest bang for the federal dollar and making affordable housing programs more efficient and effective. Smith also said he would like to continue engaging with NALHFA members. The NALHFA Legislative Committee will continue to work with policymakers in Washington to ensure the vitality of affordable housing programs.\u003c/p\u003e\r\n\r\n\u003cp\u003eTo join this ongoing dialogue with the White House, please contact NALHFA Policy Director Heather Voorman at\u0026nbsp;\u003ca href=\"mailto:hvoorman@nalhfa.org\"\u003ehvoorman@nalhfa.org\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 \n\u003c/span\u003e\n"},{"id":50,"title":"Innovation Village Made of Shipping Containers Coming to MLK Corridor","promo_title":"Innovation Village Made of Shipping Containers Coming to MLK Corridor","published_date":"2017-06-30","featured_image":{"id":259,"parent_id":33,"resource_file_name":"mlk_innovation_village_400-1.png","resource_content_type":"image/png","resource_file_size":794584,"resource_updated_at":"2017-12-21T10:41:10.568-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T10:41:10.736-05:00","updated_at":"2017-12-21T10:42:14.629-05:00","filename_hash":"mlk_innovation_village_400-1_JjMQrJo.png","width":800,"height":600},"filename":"innovation-village-made-of-shipping-containers-coming-to-mlk-corridor","meta_data_id":null,"published":true,"token":"lBaP2w","created_at":"2017-12-21T10:42:14.139-05:00","updated_at":"2017-12-21T10:42:14.139-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta board voted to authorize the use of $550,000 to create the MLK Innovation Village using shipping containers.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta board recently voted to authorize the use of $550,000 to create the MLK Innovation Village using repurposed shipping containers at the H.E. Holmes MARTA station.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe container village will provide transit-accessible retail and office space for small businesses along the Martin Luther King, Jr. Drive corridor.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We think there\u0026rsquo;s going to be an exciting mix of new, innovative businesses that have yet to open on MLK, Jr. Drive,\u0026rdquo; said Invest Atlanta Real Estate Director Chris Leutzinger. \u0026ldquo;Hopefully these owners will decide this is a great area where they can spin off their businesses and build them along the corridor.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce the Innovation Village is complete, Invest Atlanta will solicit applications for tenants over the next six months, and those who are chosen will pay an affordable monthly rent pegged at cost recovery levels.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I think it\u0026rsquo;s a really economical way to service this kind of incubation, and it\u0026rsquo;s a great project for that site,\u0026rdquo; said Invest Atlanta board member Randy Hazelton.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta is partnering with MARTA on this project, and they see it as an innovative opportunity to jumpstart future interest in transit-oriented development (TOD) at this station.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We reached out to MARTA to come up with this concept to utilize repurposed shipping containers,\u0026rdquo; said Kevin Johnson, Invest Atlanta\u0026rsquo;s Senior VP of Economic Development. \u0026ldquo;What we\u0026rsquo;ve come up with is a really unique opportunity for the City of Atlanta.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe MLK Innovation Village is part of the larger effort led by Mayor Kasim Reed to invest in the MLK corridor. Last year, the City of Atlanta received a $10 million TIGER grant from the USDOT that will fund a portion of the $22 million in infrastructure improvements planned for MLK, Jr. Drive.\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":65,"title":"Newly Closed Housing Opportunity Bonds to Fund Affordable Housing Initiatives","promo_title":"Newly Closed Housing Opportunity Bonds to Fund Affordable Housing Initiatives","published_date":"2017-06-01","featured_image":{"id":274,"parent_id":33,"resource_file_name":"briarcliff_summit_bottom.jpg","resource_content_type":"image/jpeg","resource_file_size":95622,"resource_updated_at":"2017-12-21T11:14:55.980-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T11:14:56.130-05:00","updated_at":"2017-12-21T11:15:18.586-05:00","filename_hash":"briarcliff_summit_bottom_DNxypV1.jpg","width":820,"height":615},"filename":"newly-closed-housing-opportunity-bonds-to-fund-affordable-housing-initiatives","meta_data_id":null,"published":true,"token":"Esocng","created_at":"2017-12-21T11:15:17.985-05:00","updated_at":"2017-12-21T11:15:17.985-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Urban Residential Finance Authority closed on $40 million of Housing Opportunity Bonds to fund affordable and workforce housing development.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThanks to the support of Mayor Kasim Reed, the Urban Residential Finance Authority has closed on $40 million of Housing Opportunity Bonds that will be used to fund critical affordable and workforce housing development initiatives, including homeowner renovations, multifamily loans, single family loans, nonprofit development loans, and land assemblage.\u003c/p\u003e\r\n\r\n\u003cp\u003eBack in March, both the Atlanta City Council and the Invest Atlanta Board of Directors unanimously approved the issuance of the bonds.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This is a tremendous step forward in securing affordable housing for the residents of Atlanta,\u0026rdquo; said Councilmember Julian Bond, who introduced the legislation authorizing the bond issuance, when the legislation passed.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Housing is about people,\u0026rdquo; added Councilmember Andre Dickens, a former member of the Invest Atlanta board. \u0026ldquo;This bond is an important tool to develop equitable and inclusionary housing options for our residents and promote development without displacement.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Housing Opportunity Bonds represent a key part of a larger housing strategy the City of Atlanta adopted in 2015, and the HOB funds will be used to finance:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eMultifamily Loans:\u0026nbsp;Loans will be provided to nonprofit and for profit multifamily developers offering affordable rental workforce housing units.\u003c/li\u003e\r\n\t\u003cli\u003eSingle Family Loans:\u0026nbsp;Loans will be used for construction financing, down payment assistance, and owner occupied rehabilitation.\u003c/li\u003e\r\n\t\u003cli\u003eNon-Profit Development Loans:\u0026nbsp;Funds will be set aside for eligible nonprofit developers for multifamily and single family affordable housing development.\u003c/li\u003e\r\n\t\u003cli\u003eLand Assemblage:\u0026nbsp;Funds to be used by non-profit and for-profit developers, as well as City Agencies, to acquire land and vacant property for affordable housing development.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eThe Atlanta City Council first established the Housing Opportunity Bond Program in 2007. With the funding raised from this bond issuance, Invest Atlanta produced over 2,200 affordable housing units, leveraging over $260 million in capital investment.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe lessons learned and feedback received over the course of the past decade informed how the funding raised from this year\u0026rsquo;s effort will be invested. For example, stakeholders emphasized the need for more funds for owner-occupied rehabilitation efforts to ensure more residents could stay in their homes.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We are very excited and very happy this is coming to fruition,\u0026rdquo; said Alan Ferguson, Invest Atlanta\u0026rsquo;s Vice President and Deputy Director of Community Development. \u0026ldquo;These programs are based on the current market, as well as input from various groups: elected officials, neighborhood residents, community leaders, non-profits, and developers.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn April and May, Invest Atlanta and the City of Atlanta\u0026rsquo;s Office of Housing and Community Development hosted two Housing Opportunity Bond events at the Georgia Hill Neighborhood Center. Close to 200 interested affordable housing developers and advocates gathered together to participate in work sessions in which they delivered feedback and comment regarding the Housing Opportunity Bond Program guidelines.\u003c/p\u003e\r\n\r\n\u003cp\u003eOther notable attendees included Councilmembers Julian Bond, Andre Dickens, Cleta Winslow, as well as Planning Commissioner Tim Keane, Planning Deputy Commissioner Terri Lee, and Invest Atlanta Board Member Bill Bozarth.\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":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":73,"title":"On the Rise Financial Center Opens on Westside","promo_title":"On the Rise Financial Center Opens on Westside","published_date":"2017-04-25","featured_image":{"id":283,"parent_id":33,"resource_file_name":"financial_center_400.jpg","resource_content_type":"image/jpeg","resource_file_size":552939,"resource_updated_at":"2017-12-21T13:09:47.204-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:09:47.504-05:00","updated_at":"2017-12-21T13:10:17.441-05:00","filename_hash":"financial_center_400_7J6b3xg.jpg","width":3797,"height":2848},"filename":"on-the-rise-financial-center-opens-on-westside","meta_data_id":null,"published":true,"token":"bIrtTQ","created_at":"2017-12-21T13:10:16.533-05:00","updated_at":"2017-12-21T13:10:16.533-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The On the Rise Financial Center offers access to affordable financial services and products, one-on-one financial counseling, and homeownership education.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe\u0026nbsp;\u003ca href=\"http://www.ontherisefc.org/\"\u003eOn the Rise Financial Center\u003c/a\u003e\u0026nbsp;officially opened Thursday, April 20, with Mayor Kasim Reed, Dr. Eloisa Klementich, and Councilmember Ivory Young, Jr. on hand to celebrate with Westside residents. Joining them were representatives from supporting organizations, including Equifax, the Arthur M. Blank Family Foundation, the National Federation of Community Development Credit Unions (NFCDCU) and the CDFI Fund.\u003c/p\u003e\r\n\r\n\u003cp\u003eAt the Center, clients can access affordable financial services and products, one-on-one financial counseling and homeownership education. Ultimately, the Center will provide new financial opportunities for residents and businesses in Westside communities.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta board approved a\u0026nbsp;\u003ca href=\"http://insight.investatlanta.com/2016/12/02/new-westside-financial-capability-center-receives-tad-support/\"\u003e$100,000 Westside TAD Community Improvement Fund grant\u003c/a\u003e\u0026nbsp;that went toward the purchase of computers, IT equipment, and office furniture for the On the Rise Financial Center.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Increasing the availability of financial education and services is critically important for our city,\u0026rdquo; said Dr. Klementich. \u0026ldquo;This isn\u0026rsquo;t just a philanthropic issue, it\u0026rsquo;s an economic development issue.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003ca href=\"https://www.equifax.com/assets/corp/social_responsibility_report.pdf\"\u003eOne in four Atlanta residents are unbanked or underbanked\u003c/a\u003e, meaning they have often rely on alternatives financial services like payday loans. In certain areas of the Westside that percentage can\u0026nbsp;\u003ca href=\"https://cfed.org/assets/pdfs/Most_Unbanked_Places_in_America.pdf\"\u003ereach as high as 75 percent\u003c/a\u003e.\u003c/p\u003e\r\n\r\n\u003cp\u003eThose without access to safe, affordable banking find it difficult to thrive financially.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn the short term, the unbanked often pay avoidable fees to check cashing services or exorbitant interest rates to payday lenders. These added costs have an enormous impact on families in the Westside, where\u0026nbsp;\u003ca href=\"https://www.equifax.com/assets/corp/social_responsibility_report.pdf\"\u003e37 percent of adults and 57 percent of children\u003c/a\u003e\u0026nbsp;live below the poverty line. And being unbanked creates additional long-term difficulties. The average credit score on the Westside is around 500, making it difficult for many to secure a standard car loan or home mortgage.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta has committed $15 million through the\u0026nbsp;\u003ca href=\"http://www.investatlanta.com/westside-tad-investments/\"\u003eWestside TAD Community Improvement Fund\u003c/a\u003e\u0026nbsp;to encourage more equitable development in English Avenue, Vine City and Castleberry Hill. So far, 11 projects, including the On the Rise Financial Center, have received funding. Each project investment addresses critical areas of need including employment, housing and neighborhood development.\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":159,"title":"WICERS Honors IA President \u0026 CEO Dr. Klementich","promo_title":"WICERS Honors IA President \u0026 CEO Dr. Eloisa Klementich","published_date":"2017-04-18","featured_image":{"id":404,"parent_id":7,"resource_file_name":"wicers_new_ia.jpg","resource_content_type":"image/jpeg","resource_file_size":355571,"resource_updated_at":"2018-01-02T09:51:10.934-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-01-02T09:51:11.234-05:00","updated_at":"2018-01-02T09:52:21.253-05:00","filename_hash":"wicers_new_ia_p59VmpO.jpg","width":3024,"height":2298},"filename":"wicers-honors-ia-president-ceo-dr-klementich","meta_data_id":null,"published":true,"token":"g8A5Zg","created_at":"2018-01-02T09:52:20.367-05:00","updated_at":"2018-01-02T09:52:20.367-05:00","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\u003eDr. Klementich received the Level Award from WICERS (Women in Construction, Engineering, and Related Services).\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\u003eInvest Atlanta President and CEO Dr. Eloisa Klementich was honored on Friday, April 14 with the Level Award from WICERS (Women in Construction, Engineering, and Related Services). She received the honor at the last day of the\u0026nbsp;\u003ca href=\"http://wicersatlanta.com/\"\u003eWICERS\u003c/a\u003e\u0026nbsp;conference held at the Grand Hyatt Atlanta Hotel.\u003c/p\u003e\r\n\r\n\u003cp\u003eMayor Reed delivered the closing remarks, taking time to recognize Dr. Klementich for all her work on behalf of the City of Atlanta, and especially the effort she and the Invest Atlanta team put in to bring NCR to Midtown Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;She delivered NCR, and the 5,000 jobs and $300M campus is going to have an economic impact of a billion dollars a year for the City of Atlanta,\u0026rdquo; he said.\u003c/p\u003e\r\n\r\n\u003cp\u003eDr. Klementich thanked Mayor Reed and WICERS for the award before reminding the audience there is still much to do to support women in the workplace. She noted that while women make up 57 percent of Invest Atlanta\u0026rsquo;s senior leadership, it\u0026rsquo;s a different story when it comes to many S\u0026amp;P 500 companies, where women make up only 14.2% of the top five leadership positions. Out of these 500 companies,\u0026nbsp;\u003ca href=\"http://www.catalyst.org/knowledge/women-sp-500-companies\"\u003eonly 24 are led by female CEOs\u003c/a\u003e.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;What this tells me is that women are still bumping up against the glass ceiling,\u0026rdquo; she said. \u0026ldquo;The way we can ensure that the glass ceiling is permanently broken is address three areas to support the professional development and successes of women: access to capital, access to mentorship, and access to networks.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eShe spoke of how Invest Atlanta and the City of Atlanta are working on initiatives dealing with these three key types of access.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta and organizations like Access to Capital for Entrepreneurs (ACE) are making it easier for women to secure capital. Invest Atlanta is doing so through its small business revolving loan funds, forty-one percent of which go to businesses owned by women.\u003c/p\u003e\r\n\r\n\u003cp\u003eThrough the Women\u0026rsquo;s Entrepreneurship Imitative (WEI), an organization supported by Invest Atlanta, women entrepreneurs in Atlanta have access to mentorship opportunities as well as a wonderful working space in The Flatiron building in Downtown Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eFor stronger networks, women can turn to professional organizations like WICERS for invaluable access to support, friendship, and professional contacts across industries.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;What WICERS is doing is socializing the direct involvement of women in areas where the economy is going to be thriving,\u0026rdquo; said Mayor Kasim Reed.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I know you will succeed, thanks in large part to the energy and encouragement that WICERS provides and your own tenacity and grit,\u0026rdquo; Dr. Klementich told the WICERS audience. \u0026ldquo;As one of my favorite personal role models, Eleanor Roosevelt, would say, \u0026lsquo;A Women is like a tea bag, you never know how strong she is until you put her in hot water.\u0026rsquo;\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 \n\u003c/span\u003e\n"},{"id":75,"title":"Executive Corner: Portman CEO Ambrish Baisiwala on Coda’s Impact","promo_title":"Executive Corner: Portman CEO Ambrish Baisiwala on Coda’s Impact","published_date":"2017-04-15","featured_image":{"id":285,"parent_id":33,"resource_file_name":"exec_corner_400.jpg","resource_content_type":"image/jpeg","resource_file_size":35194,"resource_updated_at":"2017-12-21T13:22:56.931-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:22:57.091-05:00","updated_at":"2017-12-21T13:24:02.703-05:00","filename_hash":"exec_corner_400_OPqggJQ.jpg","width":749,"height":561},"filename":"executive-corner-portman-ceo-ambrish-baisiwala-on-codas-impact","meta_data_id":null,"published":true,"token":"FGk_ZQ","created_at":"2017-12-21T13:24:02.131-05:00","updated_at":"2017-12-21T13:24:02.131-05:00","video_link":"https://player.vimeo.com/video/244065995","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Portman CEO Ambrish Baisiwala visited our Executive Corner to discuss how\u0026nbsp;\u003ca href=\"http://insight.investatlanta.com/2016/12/13/coda-tower-breaks-ground-in-tech-square/\" style=\"color: rgb(61, 138, 235); text-decoration-line: none; outline: none; margin-top: 0px; margin-bottom: 0px; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; font-size: 14px;\"\u003eCoda\u003c/a\u003e\u0026nbsp;will strengthen Atlanta\u0026rsquo;s position as a technology hub.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003ePortman CEO Ambrish Baisiwala recently visited Invest Atlanta\u0026rsquo;s\u0026nbsp;\u003ca href=\"http://www.investatlanta.com/news-press/executive-corner/\"\u003eExecutive Corner\u003c/a\u003e\u0026nbsp;to discuss how his company\u0026rsquo;s\u0026nbsp;\u003ca href=\"http://insight.investatlanta.com/2016/12/13/coda-tower-breaks-ground-in-tech-square/\"\u003eCoda project\u003c/a\u003e\u0026nbsp;will strengthen Atlanta\u0026rsquo;s position as a global technology hub, foster new collaboration between those in private industry and academic research, and attract new talent to the city.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;[Coda] will establish Atlanta as the place for collaborative research,\u0026rdquo; he said.\u003c/p\u003e\r\n\r\n\u003cp\u003eBaisiwala also spoke about how city and university partners came together to move this project forward.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Without the help that we had from the City of Atlanta, Invest Atlanta, and Georgia Tech,\u0026rdquo; he said. \u0026ldquo;This project would not have happened.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eConstruction on the 25-story Coda Tower in Midtown\u0026nbsp;\u003ca href=\"http://insight.investatlanta.com/2016/12/13/coda-tower-breaks-ground-in-tech-square/\"\u003ebegan in December 2016\u003c/a\u003e. With access to Coda\u0026rsquo;s powerful tools and resources, Atlanta\u0026rsquo;s students, faculty, and tech entrepreneurs will be better equipped to conduct research and commercialize new applications. The computing center contained within Coda will also further elevate Georgia Tech\u0026rsquo;s reputation as one of the world\u0026rsquo;s top engineering and research institutes.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta board approved the issuance of up to $440 million in bonds to support the creation of the 90,000-square-foot data center. The overall mixed-use Coda project, scheduled to open in late 2018, will create approximately 2,400 new jobs and produce an estimated economic impact of $813.8 million over the next two decades.\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":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":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":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":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":103,"title":"Ernestine Garey Honored at Invest Atlanta Retirement Party","promo_title":"Ernestine Garey Honored at Invest Atlanta Retirement Party","published_date":"2017-02-05","featured_image":{"id":331,"parent_id":33,"resource_file_name":"ernestine-garey-honored-at-invest-atlanta-retirement-party-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":74479,"resource_updated_at":"2017-12-21T14:35:45.365-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T14:35:45.525-05:00","updated_at":"2017-12-21T14:36:10.351-05:00","filename_hash":"ernestine-garey-honored-at-invest-atlanta-retirement-party-featured_NnPxvKV.jpg","width":1000,"height":750},"filename":"ernestine-garey-honored-at-invest-atlanta-retirement-party","meta_data_id":null,"published":true,"token":"kOxKwA","created_at":"2017-12-21T14:36:09.919-05:00","updated_at":"2017-12-21T14:36:09.919-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Friends, family, and colleagues came together at The Gathering Spot to celebrate Ernestine Garey\u0026rsquo;s career at Invest Atlanta.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eFriends, family, and colleagues came together at The Gathering Spot on Tuesday, January 31 to celebrate Ernestine Garey\u0026rsquo;s career at Invest Atlanta. Ernestine Garey held the executive vice president and chief operating officer position before deciding to retire from the organization this year.\u003c/p\u003e\r\n\r\n\u003cp\u003eMayor Kasim Reed shared some kind words of admiration about Ms. Garey before presenting her with the city\u0026rsquo;s highest honor, the Phoenix Award. Councilmember Andre Dickens also spoke, delivering her a proclamation on behalf of the Atlanta City Council. Other speakers included Invest Atlanta President and CEO Dr. Eloisa Klementich and Senior Vice President of Community Development Dawn Luke.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Few people have done more for community development in the City of Atlanta than Ernestine,\u0026rdquo; said Dr. Klementich. \u0026ldquo;Her work on housing and neighborhood revitalization has touched the lives of countless Atlantans. We wish her the best in all her future endeavors.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAlso in attendance were Ms. Garey\u0026rsquo;s family, Invest Atlanta co-workers past and present, colleagues from prior organizations, as well as fellow church members and sisters of the Alpha Kappa Alpha sorority.\u003c/p\u003e\r\n\r\n\u003cp\u003eDuring her 30-year tenure at Invest Atlanta, Garey made significant contributions to the Atlanta community in the economic and community development arena.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn her most recent capacity as COO, Ms. Garey managed and directed the day-to-day activities of Invest Atlanta\u0026rsquo;s operating departments and was a strategic liaison fortifying relationships with the board of directors, Atlanta City Council, and other governmental and community stakeholders. She also served as interim president and CEO of Invest Atlanta and was instrumental in the issuance of over $1 billion in housing revenue bonds, creating more than 15,000 units of affordable workforce housing in the City of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eA 2014 graduate of Leadership Atlanta, Ms. Garey holds a Master\u0026rsquo;s Degree from Clark Atlanta University in French with further studies at Georgia State University in Urban Policy. She has received certification from the National Development Council as a Housing Development and Economic Development Finance Professional.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta President and CEO Dr. Eloisa Klementich announced on Tuesday, February 7 that Keith Ivory Millner would be taking over for Ms. Garey as Invest Atlanta\u0026rsquo;s executive vice president and chief operating officer. Millner\u0026rsquo;s corporate and entrepreneurial career spans more than three decades and includes executive-level experience across a diverse set of industries.\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":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":114,"title":"Top-Quality Affordable Senior Housing Opens in Old Fourth Ward","promo_title":"Top-Quality Affordable Senior Housing Opens in Old Fourth Ward","published_date":"2017-01-05","featured_image":{"id":346,"parent_id":33,"resource_file_name":"top-quality-affordable-senior-housing-opens-in-old-fourth-ward-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":64304,"resource_updated_at":"2017-12-21T14:54:45.597-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T14:54:45.793-05:00","updated_at":"2017-12-21T14:56:12.539-05:00","filename_hash":"top-quality-affordable-senior-housing-opens-in-old-fourth-ward-featured_MYq4BBB.jpg","width":1200,"height":900},"filename":"top-quality-affordable-senior-housing-opens-in-old-fourth-ward","meta_data_id":null,"published":true,"token":"1G3yzg","created_at":"2017-12-21T14:55:12.241-05:00","updated_at":"2017-12-21T14:56:11.883-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The first phase of City Lights, an affordable housing community reserved for seniors, celebrated its grand opening on December 15.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe first phase of City Lights, a new affordable housing community reserved for seniors, celebrated its grand opening on December 15. The 80-unit complex is located on Boulevard in the City of Atlanta\u0026rsquo;s Old Fourth Ward neighborhood. Senior residents were joined at the grand opening celebration Invest Atlanta President and CEO Dr. Eloisa Klementich, First Lady of Atlanta Sarah-Elizabeth Reed, Councilmember Kwanza Hall, Commissioner Camila Knowles from the Georgia Department of Community Affairs, and many others.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta played a key role in bringing the City Lights project to fruition, issuing $7.5 million in tax- tax-exempt bonds and providing $600,000 in HOME funds to finance the development. Other partners included the City of Atlanta, the Community Affordable Housing Equity Corp., Sugar Creek Capital, Georgia Department of Community Affairs, and the U.S. Department of Housing and Urban Development (HUD). Wingate Companies and Columbia Residential worked jointly on the project, which offers high-quality 1 bedroom apartments to residents over the age of 62 with income at or below 60% of the area\u0026rsquo;s median income.\u003c/p\u003e\r\n\r\n\u003cp\u003eCity Lights is not only affordable, it\u0026rsquo;s also of the highest quality. In fact, the National Association of Home Builders gave City Lights its \u0026ldquo;Gold Achievement Award\u0026rdquo; for Best 55+ Affordable Rental Community in the U.S. All of the five-story complex\u0026rsquo;s 80 units were leased within 3 days of becoming available. With access to amenities such as a sundeck, fitness center, and covered parking, the low-income senior residents will be able to live independently right in the heart of the city.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe support Mayor Reed and Invest Atlanta provided to the City Lights project is part of a larger effort in Atlanta to create high-quality, mixed-income housing in neighborhoods throughout Atlanta. Since 2010, Invest Atlanta has approved nine senior housing developments. Projects funded or opening in 2016 include City Lights, as well as the 70-unit Reynoldstown Seniors Development along the Atlanta BeltLine and The Remington, a 160-unit complex that replaced several blighted properties.\u003c/p\u003e\r\n\r\n\u003cp\u003eWingate announced the beginning of construction on the project\u0026rsquo;s Phase II, a 96-unit multi-family affordable housing community called Station 464. Construction could start on the project this year.\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":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":121,"title":"Coda Tower Breaks Ground in Tech Square","promo_title":"Coda Tower Breaks Ground in Tech Square","published_date":"2016-12-13","featured_image":{"id":354,"parent_id":33,"resource_file_name":"coda-tower-breaks-ground-in-tech-square-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":226893,"resource_updated_at":"2017-12-21T15:08:56.114-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:08:56.253-05:00","updated_at":"2017-12-21T15:09:06.729-05:00","filename_hash":"coda-tower-breaks-ground-in-tech-square-featured_982qweZ.jpg","width":700,"height":525},"filename":"coda-tower-breaks-ground-in-tech-square","meta_data_id":null,"published":true,"token":"ogkNiQ","created_at":"2017-12-21T15:09:06.215-05:00","updated_at":"2017-12-21T15:09:06.215-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Construction has officially begun on the 25-story Coda tower between Spring and West Peachtree Streets in Midtown.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eConstruction has officially begun on the 25-story Coda tower between Spring and West Peachtree Streets in Midtown. Once operational, the high performance computing center within Coda will strengthen Atlanta\u0026rsquo;s position as a global technology hub, foster new collaboration between those in private industry and academic research, and attract new talent to the area.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe center will serve those looking to use advanced computer modeling and simulation capabilities to enhance their work, from Georgia Tech researchers to financial modelers to biotech startups.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This year, we have seen four Fortune 500 companies locate or expand significant IT centers in Atlanta, bringing nearly 5,000 new jobs to the city,\u0026rdquo; said Mayor Reed. \u0026ldquo;Coda\u0026rsquo;s advanced technology resources will be an invaluable asset for attracting the world\u0026rsquo;s top tech professionals and keeping more of our talented students in Atlanta after graduation. I am eager to see the world-changing innovations that will come out of this first-class facility.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eBeyond strengthening Atlanta\u0026rsquo;s reputation as a tech hub, the computing center offers other benefits. With access to a sophisticated modeling and simulation resource, Atlanta\u0026rsquo;s students, faculty, and tech entrepreneurs will be better equipped to conduct research and commercialize new applications. The computing center will also further elevate Georgia Tech\u0026rsquo;s reputation as one of the world\u0026rsquo;s top engineering and research institutes.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn August, the Invest Atlanta board approved the issuance of up to $440 million in bonds to support the creation of the 90,000 square-foot data center. The overall mixed-use Coda project, currently scheduled to open in late 2018, will create an estimated 2,400 new jobs and will produce an estimated total economic impact of $813.8 million over the next two decades.\u003c/p\u003e\r\n\r\n\u003cp\u003ePortman Holdings\u0026rsquo; design for Coda incorporates the historic Crum \u0026amp; Foster building, an early 20th-century office building. Georgia Tech will be the anchor tenant, with corporations and research partners occupying the rest of the office and retail space.\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 Midtown\n\u003c/span\u003e\n"},{"id":123,"title":"Board Makes Initial Move to Complete High-Tech Healthcare Project","promo_title":"Board Makes Initial Move to Complete High-Tech Healthcare Project","published_date":"2016-12-09","featured_image":{"id":356,"parent_id":33,"resource_file_name":"board-makes-initial-move-to-complete-high-tech-healthcare-project-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":116975,"resource_updated_at":"2017-12-21T15:14:48.439-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:14:48.586-05:00","updated_at":"2017-12-21T15:15:11.353-05:00","filename_hash":"board-makes-initial-move-to-complete-high-tech-healthcare-project-featured_5E5pBje.jpg","width":400,"height":300},"filename":"board-makes-initial-move-to-complete-high-tech-healthcare-project","meta_data_id":null,"published":true,"token":"i4YUtQ","created_at":"2017-12-21T15:15:10.748-05:00","updated_at":"2017-12-21T15:15:10.748-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta board took a first step toward restarting construction on the $200 million Emory Proton Therapy Center.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta board took a first step toward restarting construction on the $200 million Emory Proton Therapy Center at the corner of Peachtree St. and North Ave. in Midtown.\u003c/p\u003e\r\n\r\n\u003cp\u003eWith a unanimous vote, the board approved an inducement resolution to issue tax-exempt 501(c)(3) bonds, with the proceeds going toward final construction costs and a refinancing of the project\u0026rsquo;s existing debt. Final approval of the bond resolution could come as soon as February of next year, and if the current timeline holds, the Center could be finished by the end of 2017.\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce complete, the 170,000 square-foot Emory Proton Therapy Center will offer patients advanced cancer therapy treatment. This new state-of-the-art facility along North Avenue\u0026rsquo;s expanding medical technology district will further solidify the City of Atlanta\u0026rsquo;s reputation as a global healthcare destination.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This is a project that is long overdue,\u0026rdquo; said Dawn Luke, Invest Atlanta\u0026rsquo;s Senior Vice President of Community Development.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Not only will it provide a resource in the health care industry, it will provide and help to advance Atlanta\u0026rsquo;s position as a center for advanced medical treatments as well as really be a part of the growing cluster of jobs focused a lot on this type of therapy.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAll told, the project is set to bring 128 new, well-paid, and permanent medical jobs to the area, as well as 3,900 direct and indirect jobs during construction. The plans also call for around 4,000 sq. ft. of retail space at ground level. Current estimates put the total economic impact of the project at $503 million.\u003c/p\u003e\r\n\r\n\u003cp\u003eCurrently, the nearest facility offering similar treatment options is 300 miles away in Jacksonville, Florida. The new Center in Midtown will be an attractive option for local patients, as well as for \u0026ldquo;medical tourists\u0026rdquo; traveling to Atlanta to receive targeted treatments for brain, spine, breast, and other types of cancers.\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 Midtown\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":130,"title":"Atlanta Land Trust Collaborative Nominates IA’s Dawn Luke to Board","promo_title":"Atlanta Land Trust Collaborative Nominates IA’s Dawn Luke to Board","published_date":"2016-11-16","featured_image":{"id":363,"parent_id":33,"resource_file_name":"atlanta-land-trust-collaborative-nominates-ias-dawn-luke-to-board-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":84892,"resource_updated_at":"2017-12-21T15:37:36.162-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:37:36.317-05:00","updated_at":"2017-12-21T15:37:54.260-05:00","filename_hash":"atlanta-land-trust-collaborative-nominates-ias-dawn-luke-to-board-featured_4X3JZ7P.jpg","width":405,"height":304},"filename":"atlanta-land-trust-collaborative-nominates-ias-dawn-luke-to-board","meta_data_id":null,"published":true,"token":"PfvDNg","created_at":"2017-12-21T15:37:53.644-05:00","updated_at":"2017-12-21T15:37:53.644-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Dawn Luke has been appointed to the Board of Directors for the Atlanta Land Trust Collaborative (ALTC).\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eDawn Luke, Senior Vice President of Community Development for Invest Atlanta, has been appointed to the Board of Directors for the Atlanta Land Trust Collaborative (ALTC).\u003c/p\u003e\r\n\r\n\u003cp\u003eA coalition of public, private, and community partners, the ALTC supports the creation of permanently affordable housing around the Atlanta BeltLine and throughout the City of Atlanta. The ALTC began in 2009 and functions as a \u0026ldquo;central server\u0026rdquo; organization supporting independent non-profit CLCs as they develop and operate permanently affordable housing initiatives. The organization is led by the Atlanta BeltLine Partnership, Georgia Advancing Communities Together (Georgia ACT), and the Annie E. Casey Foundation Atlanta Civic Site.\u003c/p\u003e\r\n\r\n\u003cp\u003eLuke\u0026rsquo;s knowledge and experience as a leader in housing development, finance, and policy will be critical as she advises the ALTC on how to implement new neighborhood-based, resident-controlled community land trusts in Atlanta. She will also ensure the ALTC continues to implement national best practices of community land trusts and remains an effective steward of public, private, and philanthropic funds.\u003c/p\u003e\r\n\r\n\u003cp\u003eTogether, Luke and her fellow board members will help the ALTC make Atlanta a city of mixed-income neighborhoods for generations to come.\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":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":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":136,"title":"IA’s Dawn Luke Makes Atlanta Business League’s “100 Women of Influence” List","promo_title":"IA’s Dawn Luke Makes ABL's “100 Women of Influence” List","published_date":"2016-10-19","featured_image":{"id":368,"parent_id":34,"resource_file_name":"ia-dawn-luke-makes-atlanta-business-league-100-women-of-influence-list-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":86782,"resource_updated_at":"2017-12-21T15:48:22.664-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:48:22.800-05:00","updated_at":"2017-12-21T15:48:55.111-05:00","filename_hash":"ia-dawn-luke-makes-atlanta-business-league-100-women-of-influence-list-featured_6aNEKrm.jpg","width":400,"height":300},"filename":"ias-dawn-luke-makes-atlanta-business-leagues-100-women-of-influence-list","meta_data_id":null,"published":true,"token":"QtId2A","created_at":"2017-12-21T15:48:54.307-05:00","updated_at":"2017-12-21T15:48:54.307-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Dawn Luke, Senior VP of Community Development, was among the Atlanta Business League\u0026#39;s \u0026quot;Top 100 Black Women of Influence.\u0026rdquo;\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eDawn Luke, Senior Vice President of Community Development for Invest Atlanta, has been named one of \u0026ldquo;Atlanta\u0026rsquo;s Top 100 Black Women of Influence\u0026rdquo; by the Atlanta Business League (ABL).\u003c/p\u003e\r\n\r\n\u003cp\u003eLuke, who has worked at Invest Atlanta for over 22 years, was named to the prestigious list at ABL\u0026rsquo;s recent 32ndAnnual Super Tuesday Conference held at the Sheraton Atlanta Hotel, October 11, 2016. The conference honored outstanding African-American female business owners and professionals in their respective fields.\u003c/p\u003e\r\n\r\n\u003cp\u003eWhile the guests were treated to a host of speakers and presenters during their meals, they were also able to attend informative business workshops throughout the day. Luke was recognized for effective advancement of community development and her proven passion when it comes to the topic of affordable housing initiatives.\u003c/p\u003e\r\n\r\n\u003cp\u003eFounded in 1933, the Atlanta Business League supports the creation and development of successful businesses that are owned, operated and managed by African-Americans in metro 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 \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":30,"title":"Ernestine Garey Honored By NALHFA and Freddie Mac","promo_title":"Ernestine Garey Honored By NALHFA and Freddie Mac","published_date":"2016-08-03","featured_image":{"id":237,"parent_id":34,"resource_file_name":"nalhfa-freddie-mac-honor-ernestine-garey-with-awards-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":63431,"resource_updated_at":"2017-12-20T15:48:01.806-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T15:48:01.950-05:00","updated_at":"2017-12-20T15:50:26.975-05:00","filename_hash":"nalhfa-freddie-mac-honor-ernestine-garey-with-awards-featured_W1aeJJy.jpg","width":400,"height":300},"filename":"ernestine-garey-honored-by-nalhfa-and-freddie-mac","meta_data_id":null,"published":true,"token":"wkPwlg","created_at":"2017-12-20T15:49:05.977-05:00","updated_at":"2017-12-20T15:50:26.419-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta COO Ernestine Garey was honored for her long record of service in support of affordable housing development.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta Chief Operating Officer Ernestine Garey has received awards from the National Association of Local Housing Finance Agencies (NALHFA) and the Federal Home Loan Mortgage Corporation, or Freddie Mac, to honor her long record of service in support of the development and expansion of affordable housing opportunities.\u003c/p\u003e\r\n\r\n\u003cp\u003eGarey recently ended an 18-year tenure as a member of the Board of Directors \u0026ndash; and two years apiece as President and President Emeritus \u0026ndash; of NALHFA, the nation\u0026rsquo;s leading affordable housing advocate whose members work to finance affordable housing on the local level. She was succeeded on the Board by Dawn Luke, Senior Vice President of Community Development at Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eNALHFA gives its members \u0026ndash; primarily housing finance agencies in large cities \u0026ndash; the opportunity to learn about and share best practices and innovative approaches at NALHFA conferences and then bring them back to their home communities. \u0026ldquo;I can\u0026rsquo;t tell you how many new programs we have implemented here at Invest Atlanta because we learned about them through our association with NALHFA,\u0026rdquo; says Garey.\u003c/p\u003e\r\n\r\n\u003cp\u003eFreddie Mac, which helps ensure a reliable and affordable supply of mortgage funds for homebuyers and multi-family rental housing investors, recognized the work Garey has done in partnership with that agency in areas such as bond underwriting and down payment assistance. Freddie Mac\u0026rsquo;s citation for Garey noted its \u0026ldquo;appreciation of your many years of distinguished service to the affordable lending community and Freddie Mac.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAs COO at Invest Atlanta since 2011, Garey manages the operations of the Finance and Legal departments, as well as general office operations. Finance tasks include raising and ensuring the receipt of revenues from funding sources and balancing the budget, while Legal encompasses all legal matters as well as the Compliance functions to ensure that all projects are built, and affordability is maintained.\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":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":44,"title":"Tax-Exempt Bond Financing Will Fund Seniors Housing Project","promo_title":"Tax-Exempt Bond Financing Will Fund Seniors Housing Project","published_date":"2016-07-21","featured_image":{"id":252,"parent_id":34,"resource_file_name":"tax-exempt-bond-financing-will-fund-seniors-housing-project-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":73864,"resource_updated_at":"2017-12-21T10:17:00.340-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T10:17:00.509-05:00","updated_at":"2017-12-21T10:18:08.902-05:00","filename_hash":"tax-exempt-bond-financing-will-fund-seniors-housing-project-featured_1OmY7bQ.jpg","width":400,"height":300},"filename":"tax-exempt-bond-financing-will-fund-seniors-housing-project","meta_data_id":null,"published":true,"token":"Irf8MQ","created_at":"2017-12-21T10:18:08.408-05:00","updated_at":"2017-12-21T10:18:08.408-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta has issued $10.25 million in tax exempt bond financing to fund construction of The Remington.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta has issued $10.25 million in tax exempt bond financing to fund construction of 160 units of new seniors housing at The Remington, on James Jackson Parkway, NW. Seniors who are 62 years of age and older and earn 60 percent or less of the area median income will be eligible to live in the new apartments.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe property, to be developed by The Benoit Group, will have a community room with a fully equipped kitchen, fitness center, business center with computer stations, furnished library, gazebo, picnic area, central laundry facility and access to public transportation.\u003c/p\u003e\r\n\r\n\u003cp\u003eThanks to project-based rental assistance provided by the Atlanta Housing Authority, all residents will pay no more than 30 percent of their income for housing expenses. Moreover, tax incentives coming from the Hollowell/MLK Tax Allocation District will add another $1.4 million in support over a 15-year period.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe $23 million total project investment will create about 80 construction jobs and at least five permanent jobs.\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":54,"title":"Sale of Trolley Barn Keeps Historic Property Open to the Public","promo_title":"Sale of Trolley Barn Keeps Historic Property Open to Public","published_date":"2016-06-16","featured_image":{"id":263,"parent_id":34,"resource_file_name":"sale-of-trolley-barn-keeps-historic-property-open-to-the-public-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":72080,"resource_updated_at":"2017-12-21T10:50:06.206-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T10:50:06.344-05:00","updated_at":"2017-12-21T10:50:32.008-05:00","filename_hash":"sale-of-trolley-barn-keeps-historic-property-open-to-the-public-featured_lpV2exX.jpg","width":400,"height":300},"filename":"sale-of-trolley-barn-keeps-historic-property-open-to-the-public","meta_data_id":null,"published":true,"token":"8kJDxw","created_at":"2017-12-21T10:50:31.630-05:00","updated_at":"2017-12-21T10:50:31.630-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta has closed on the $650,000 sale of the historic Inman Park Trolley Barn.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta has closed on the $650,000 sale of the historic Inman Park Trolley Barn to the Atlanta and Edgewood Street Railway Company (AESRC). As a result of the sale, AESRC no longer will pay monthly rent but will continue operating, maintaining and preserving the property as a public events venue that can be rented by members of the general public. The sale proceeds will go to the City of Atlanta\u0026rsquo;s general reserves.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Trolley Barn opened in 1889 as the service and housing facility for Atlanta\u0026rsquo;s first electric streetcar, which ran from downtown Atlanta to Atlanta\u0026rsquo;s first suburb, Inman Park. In 1979, AESRC partnered with the City of Atlanta to restore the building and has leased and maintained it since 1980.\u003c/p\u003e\r\n\r\n\u003cp\u003eLocal residents and community groups, including the Inman Park Neighborhood Association, worked closely with the City and the district\u0026rsquo;s councilman, Kwanza Hall, in advocating for a buyer that would preserve the historic character of the property and keep it available as an affordable resource to the community. Hall introduced the legislation that authorized the option agreement that allowed Invest Atlanta to expedite the sale to AESRC.\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":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":90,"title":"Councilman Dickens Cites Invest Atlanta For Help on Affordable Housing Ordinance","promo_title":"Councilmember Dickens Cites Invest Atlanta For Help on Housing Ordinance","published_date":"2016-05-19","featured_image":{"id":304,"parent_id":34,"resource_file_name":"councilman-dickens-cites-invest-atlanta-for-help-on-affordable-housing-ordinance-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":72882,"resource_updated_at":"2017-12-21T14:14:22.022-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T14:14:22.162-05:00","updated_at":"2017-12-21T14:15:04.535-05:00","filename_hash":"councilman-dickens-cites-invest-atlanta-for-help-on-affordable-housing-ordinance-featured_ZO6myZe.jpg","width":400,"height":300},"filename":"councilman-dickens-cites-invest-atlanta-for-help-on-affordable-housing-ordinance","meta_data_id":null,"published":true,"token":"w4j2fg","created_at":"2017-12-21T14:15:04.005-05:00","updated_at":"2017-12-21T14:15:04.005-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Dickens recognized Invest Atlanta and a host of other groups and individuals for helping to shape the Affordable Housing Ordinance.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta City Councilman Andre Dickens has recognized Invest Atlanta and a host of other public- and private-sector groups and individuals for the part they played in helping to shape the Affordable Housing Ordinance that the City Council overwhelmingly approved on May 16.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe ordinance, which Dickens authored, requires all leased multi-family residential properties that obtain a grant, incentive or subsidy within Atlanta to adhere to housing set-asides. Consequently, either 10 percent of the units at 60 percent of the Area Median Income (AMI) and below or 15 percent of the units at 80 percent of the AMI and below are covered under the new law.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Mixed income communities have a proven track record of improving our community outcomes,\u0026rdquo; noted Dickens. \u0026ldquo;We ensured in the ordinance that the affordable housing units would be similar in construction and appearance (e.g., square footage, type and brand of appliances, materials used for countertops, flooring, etc.) to the market rate units and would not be in isolated areas in the development, but interspersed among the market rate units.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eDickens noted that the \u0026ldquo;collaborative effort\u0026rdquo; on behalf of the ordinance included \u0026ndash; among others \u0026ndash; Invest Atlanta, Atlanta Mayor Kasim Reed and his office, other City Council members, the Departments of Community Development \u0026amp; Planning and Law, members of the nonprofit sector and for-profit housing professionals and advocates.\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":78,"title":"IA Employees Join in Earth Day Cleanup on Westside","promo_title":"IA Employees Join in Earth Day Cleanup on Westside","published_date":"2016-05-19","featured_image":{"id":288,"parent_id":34,"resource_file_name":"ia-employees-join-in-earth-day-cleanup-on-westside-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":381750,"resource_updated_at":"2017-12-21T13:28:45.911-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:28:46.071-05:00","updated_at":"2017-12-21T14:12:25.223-05:00","filename_hash":"ia-employees-join-in-earth-day-cleanup-on-westside-featured_JjMQQ86.jpg","width":1000,"height":750},"filename":"ia-employees-join-in-earth-day-cleanup-on-westside","meta_data_id":null,"published":true,"token":"XHnF7g","created_at":"2017-12-21T13:29:48.170-05:00","updated_at":"2017-12-21T14:12:24.584-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Employees of Invest Atlanta joined NPU-L community leaders and residents in an Earth Day cleanup of those neighborhoods last month.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eEmployees of Invest Atlanta, which has contributed $3 million to assemble land and remove blight in the Westside Tax Allocation District (TAD) neighborhoods, joined NPU-L community leaders and residents in an Earth Day cleanup of those neighborhoods last month. Among other things, IA workers donned protective double gloves in order to safely pick up items that included discarded needles left behind by drug users.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta made a major contribution to the Westside area\u0026rsquo;s growth and improvement back in 2012, when it pledged $15 million to promote community-based catalytic development projects that furthered the expressed goals and objectives of the Westside TAD Neighborhoods Strategic Implementation Plan. The Plan\u0026rsquo;s first phase, to stabilize the community, is all about making the Westside clean and safe.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Westside TAD, one of the oldest TADs in Atlanta, was formed in 1992. Six years later, the English Avenue and Vine City neighborhoods were brought into the Westside TAD fold to foster more equitable development throughout Downtown and Westside 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 Westside\n\u003c/span\u003e\n"},{"id":92,"title":"High Performance Computing Center to Transform Tech Square","promo_title":"High Performance Computing Center to Transform Tech Square","published_date":"2016-05-19","featured_image":{"id":306,"parent_id":34,"resource_file_name":"high-performance-computing-center-to-transform-tech-square-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":77019,"resource_updated_at":"2017-12-21T14:16:22.597-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T14:16:22.728-05:00","updated_at":"2017-12-21T14:17:53.860-05:00","filename_hash":"high-performance-computing-center-to-transform-tech-square-featured_wjyz3Bm.jpg","width":400,"height":300},"filename":"high-performance-computing-center-to-transform-tech-square","meta_data_id":null,"published":true,"token":"cg7Kow","created_at":"2017-12-21T14:17:22.041-05:00","updated_at":"2017-12-21T14:17:22.041-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n CODA, anchored by a high-performance computing center, was partially underwritten by $15 million in tax incentives approved by Invest Atlanta.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eCODA, a collaborative development anchored by a high-performance computing center and partially underwritten by $15 million in tax incentives approved by Invest Atlanta, will begin construction this year on a 2-acre site at Tech Square in Midtown Atlanta. It\u0026rsquo;s expected to open by the end of 2018.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 755,000-sq. ft., $360-million mixed-use complex will bring together a critical mass of companies, technical experts, students, faculty and researchers to engage and interact in activities that include business incubation, high-level computing modeling and simulation, and technology innovation.\u003c/p\u003e\r\n\r\n\u003cp\u003eWith the computing center at the core of the development, CODA is intended to be a laboratory that accelerates the growth of startup businesses and fosters research and development efforts to create leading-edge commercial and technical solutions.\u003c/p\u003e\r\n\r\n\u003cp\u003eCODA\u0026rsquo;s projected economic benefits are considerable: The Center is expected to create 2,400 jobs, and over a 20-year period it should deliver $449 million in aggregate direct, indirect and induced tax and fee revenue and have an overall economic impact of $813.8 million.\u003c/p\u003e\r\n\r\n\u003cp\u003eCODA \u0026ldquo;will solidify Georgia Tech and Atlanta as a place for startups, innovation and commercialization,\u0026rdquo; said Invest Atlanta CEO and President Dr. Eloisa Klementich at the recent project announcement ceremony, which was attended by Atlanta Mayor Kasim Reed, Georgia Tech President Dr. G.P. \u0026ldquo;Bud\u0026rdquo; Peterson, project architect John Portman, and Armbrish Baisiwala, CEO of Portman Holdings, the project developer.\u003c/p\u003e\r\n\r\n\u003cp\u003eReferring to the cluster of off-campus Tech students, hotel and conference centers, business headquarters, accelerators, startups and retailers that populate the Tech Square neighborhood, Klementich said that CODA would make the surrounding community \u0026ldquo;one in which companies collaborate, no longer working in silos, but reaching out to leverage all of these sources to ensure that they remain relevant and competitive.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eShe went on to note that roughly 3,000 people now live and work in Tech Square \u0026ldquo;but by 2019, I would venture to say there will be over 12,000 people all linked together by a common goal of either inventing the next product, innovating the next technology or building the next business.\u0026rdquo;\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":93,"title":"NALHFA Elects Dawn Luke to Its Board of Directors","promo_title":"NALHFA Elects Dawn Luke to Its Board of Directors","published_date":"2016-05-19","featured_image":{"id":311,"parent_id":34,"resource_file_name":"nalhfa-elects-dawn-luke-to-its-board-of-directors-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":50802,"resource_updated_at":"2017-12-21T14:19:12.943-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T14:19:13.075-05:00","updated_at":"2017-12-21T14:19:51.458-05:00","filename_hash":"nalhfa-elects-dawn-luke-to-its-board-of-directors-featured_QgDnBbl.jpg","width":400,"height":300},"filename":"nalhfa-elects-dawn-luke-to-its-board-of-directors","meta_data_id":null,"published":true,"token":"Lqxk8g","created_at":"2017-12-21T14:19:51.008-05:00","updated_at":"2017-12-21T14:19:51.008-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The National Association of Local Housing Finance Agencies (NALHFA) is a national association of professionals financing affordable housing.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eDawn Luke, Senior Vice President of Community Development at Invest Atlanta, has been elected by the National Association of Local Housing Finance Agencies (NALHFA) to its Board of Directors.\u003c/p\u003e\r\n\r\n\u003cp\u003eNALHFA, a 34-year-old national association of professionals who help finance affordable housing at the local level in support of broader community development goals, tabbed Luke for its board at NALHFA\u0026rsquo;s 2016 annual conference in Dallas. The organization advocates before Congress and federal agencies on behalf of legislation and regulations that support affordable housing and provides technical assistance and education to NALHFA members and the public.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn her role at Invest Atlanta, Luke is the point person for implementing critical housing finance programs that create and preserve workforce housing units and permanent supportive housing for working homeless persons in Atlanta. Previously, Luke had been Invest Atlanta\u0026rsquo;s Managing Director for Community Development. During her almost-20-year tenure at Invest Atlanta, Luke has overseen a multi-family and single-family housing portfolio of about $1.3 billion. She also serves on the Board of Directors of the Georgia Sustainable Committee Alliance and is an active member of the Urban Land Institute.\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":97,"title":"Invest Atlanta Facilitates Renovation of Georgia Pacific HQ building","promo_title":"Invest Atlanta Facilitates Renovation of Georgia Pacific HQ building","published_date":"2016-04-21","featured_image":{"id":318,"parent_id":34,"resource_file_name":"invest-atlanta-lease-purchase-bonds-facilitating-renovation-of-georgia-pacific-hq-building-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":57743,"resource_updated_at":"2017-12-21T14:24:59.007-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T14:24:59.133-05:00","updated_at":"2017-12-21T14:25:31.389-05:00","filename_hash":"invest-atlanta-lease-purchase-bonds-facilitating-renovation-of-georgia-pacific-hq-building-featured_kbVyYRJ.jpg","width":427,"height":320},"filename":"invest-atlanta-facilitates-renovation-of-georgia-pacific-hq-building","meta_data_id":null,"published":true,"token":"yY0TGg","created_at":"2017-12-21T14:25:31.014-05:00","updated_at":"2017-12-21T14:25:31.014-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Board of Directors authorized a $150 million lease purchase inducement resolution to finance a major renovation of the building.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors authorized a $150 million lease purchase inducement resolution to finance a major renovation of the Georgia-Pacific headquarters building. The privately-placed bond transaction, which carries no liability for the City of Atlanta or Invest Atlanta, will enable Georgia-Pacific to reconfigure 23 floors of its 34-year-old building in downtown Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eBy modernizing its headquarters offices with this funding, Georgia-Pacific will maintain its 2,600 headquarters employees at the downtown site and be in position to relocate up to 600 additional Georgia-Pacific employees to that site. The project also makes it possible to lease office space to other businesses within the building, which could bring up to 700 more workers onto the premises.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project includes technological upgrades to make the company more attractive to younger, tech-savvy workers, and energy efficiency improvements that will reduce costs for lighting, heating and air conditioning, and water consumption.\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":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":148,"title":"Key Transaction Underwrites Movie Studio Complex","promo_title":"Key Transaction Underwrites Movie Studio Complex","published_date":"2016-03-11","featured_image":{"id":378,"parent_id":33,"resource_file_name":"key-transaction-underwrites-movie-studio-complex-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":94744,"resource_updated_at":"2017-12-21T16:08:37.304-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T16:08:37.438-05:00","updated_at":"2017-12-21T16:08:58.809-05:00","filename_hash":"key-transaction-underwrites-movie-studio-complex-featured_8myQwEr.jpg","width":561,"height":421},"filename":"key-transaction-underwrites-movie-studio-complex","meta_data_id":null,"published":true,"token":"qnQojA","created_at":"2017-12-21T16:08:58.249-05:00","updated_at":"2017-12-21T16:08:58.249-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta Emerging Markets, Inc. (AEMI), an Invest Atlanta affiliate, closed a $7 million NMTC transaction last December.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Emerging Markets, Inc. (AEMI), an Invest Atlanta affiliate, closed a $7 million NMTC (New Markets Tax Credits) transaction last December that will help finance the redevelopment of part of the former Fort McPherson army base into filmmaker Tyler Perry\u0026rsquo;s new movie studio facility. The Tyler Perry Studios complex, on 331 acres, will have 11 sound stages, production and post-production facilities, a theatre, screening rooms, and office and retail components.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe private investment attracted to this site backs a first-phase redevelopment of the base that will create more than 2,500 jobs in Atlanta \u0026ndash; replacing a big chunk of the 6,000-plus jobs that were lost when the base closed in 2011. It also leveraged an overall $27-million low-interest loan that will support the studio project and includes contributions from three other Community Development Entities (CDEs) \u0026mdash; Stonehenge Community Development LLC ($10 million), Enhanced Community Development LLC ($5 million), and Sun Trust Community Development Enterprises LLC ($5 million).\u003c/p\u003e\r\n\r\n\u003cp\u003eAEMI\u0026rsquo;s investment also spurred a round of workforce development partnerships with several key organizations, including the Atlanta Workforce Development Agency, the Urban League of Greater Atlanta, and community colleges and undergraduate programs. What emerged from this was an Impact Monitoring Agreement (IMA) that enables the workforce training partners to recruit and train Atlanta residents for studio jobs. The IMA also provides for the hiring of a community engagement coordinator who will insure that community members have access to pre-development, construction, production and operations jobs and that vendor relationships are established with minority-owned, disadvantaged and local firms.\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":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"}]}
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