{"result":[{"id":1,"title":"October 2017: Supporting Financial Technology and Inclusion","published_date":"2017-10-17","featured_image":null,"description":"\u003cdiv class=\"datatype-wysiwyg-basic description\"\u003e\n It\u0026rsquo;s no secret that Atlanta has become a global destination for financial and payments technology, and our region has even earned the nickname \u0026ldquo;Transaction Alley.\u0026rdquo;\n\u003c/div\u003e\n","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eIt\u0026rsquo;s no secret that Atlanta has become a global destination for financial and payments technology, and our region has even earned the nickname \u0026ldquo;Transaction Alley.\u0026rdquo; Fintech companies in Georgia generate annual revenues of more than $72 billion, placing us third in the nation behind only New York and California, and employ more than 30,000 people. It\u0026rsquo;s an industry sector targeted for economic growth in our region, and Invest Atlanta continues to support various public-private efforts to achieve this.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eFor example, last week I had the honor of representing the City of Atlanta at P20 in London, a global conference for the payments industry. This inaugural event brought together 20 of the most influential leaders in the global payments industry along with top UK and U.S. government officials and regulators to highlight the importance of payments and fintech to the world economy. It\u0026rsquo;s part of a transatlantic partnership between Atlanta and London, and next year\u0026rsquo;s P20 event will be held here in Atlanta.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eOne of the most compelling topics presented at the conference was financial inclusion, which means providing a way for more individuals and businesses to gain access to useful and affordable financial products and services. It\u0026rsquo;s estimated that 2 billion working-age adults globally have no access to the types of formal financial services delivered by regulated financial institutions. The discussion at P20 focused on how payments systems can accelerate financial inclusion in emerging economies and provide accessible, affordable and secure payments for all from both a technology and policy perspective. Many Atlanta companies are at the center of this issue, working to address the challenge.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eAt the community level, Invest Atlanta is working to address financial inclusion in the city. Earlier this year, IA helped to open the Westside Financial Center, which offers access to affordable financial services and products, one-on-one financial counseling and homeownership education in a part of the city where up to 75 percent of residents are unbanked or underbanked. Providing equal access to tools like bank accounts and strategies for savings is vital to increasing economic opportunity in the city. I am very proud of the efforts we are making with more to come.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003e#IamIA\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eDr. Eloisa Klementich, CEcD\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003ePRESIDENT \u0026amp; CEO\u003c/p\u003e\r\n\n\u003c/div\u003e\n","audience_id":null,"filename":"supporting-financial-technology-and-inclusion","meta_data_id":null,"published":true,"token":"OQ93sQ","created_at":"2017-12-18T18:36:48.830-05:00","updated_at":"2018-01-11T11:15:45.576-05:00"},{"id":1,"title":"Atlanta’s Constitution Building at Five Points sold; preservation calls for affordable housing","published_date":"2017-10-20","description":"\u003cdiv class=\"datatype-wysiwyg-basic description\"\u003e\n Plans for the 1940s Art Moderne building also include offices, rooftop restaurant.\n\u003c/div\u003e\n","external_link":"https://atlanta.curbed.com/2017/10/20/16504098/constitution-building-five-points-sold-preservation-affordable-housing","created_at":"2017-12-18T17:24:06.133-05:00","updated_at":"2017-12-18T17:24:06.133-05:00","published":true},{"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":1,"title":"Three Atlanta Social Entrepreneurs Awarded Civic Impact Loans By Atlanta Emerging Markets, Inc.","published_date":"2017-09-17","featured_image":null,"content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eATLANTA\u0026nbsp;\u0026ndash; Atlanta Emerging Markets, Inc. (AEMI) officially closed on the first round of its new Civic Impact Loans program that will go to three Atlanta social entrepreneurs. The flexible, zero-percent interest rate loans will support honorCode, Marddy\u0026rsquo;s, and Gilliam\u0026rsquo;s Community Garden as they seek to expand their businesses and make a greater impact in the communities they serve.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We established the Civic Impact Loan fund to support local businesses in Atlanta,\u0026rdquo; said Michael Syphoe, Board Chair of Atlanta Emerging Markets, Inc. \u0026ldquo;From enhancing K-12 STEAM education to cultivating urban agriculture to supporting our city\u0026rsquo;s unique culinary culture, these three companies demonstrate how small social enterprises can have a big impact within our communities.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;These first three loan recipients all demonstrate how businesses can focus on the bottom line while also making a difference in our city,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta and a member of the AEMI board. \u0026ldquo;Atlanta is a place where social entrepreneurship can continue to thrive, and we look forward to supporting more social impact investing and talented enterprises in the future.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Center for Civic Innovation assisted the entrepreneurs with the application process, and all three recipients are former CCI fellows or members. The three Civic Impact Loan recipients are:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003ehonorCode: A non-profit social enterprise that provides curriculum and training to schools to bring computer science and social emotional learning into the general K12 classroom. honorCode plans to use the loan funding to hire an additional team member to facilitate more trainings for teachers within Atlanta Public Schools. Last year, honorCode won the 2016 Forbes Change the World Entrepreneurship Competition at their Under 30 Summit last year. And their Founder and CEO, Jeffrey Mart\u0026iacute;n, was recently honored on the 2017 Forbes 30 Under 30 List and The Wharton School\u0026rsquo;s 40 Under 40 List, where Mart\u0026iacute;n is an alumnus (W\u0026rsquo;13).\u003c/li\u003e\r\n\t\u003cli\u003eGilliam\u0026rsquo;s Community Garden:\u0026nbsp;An outdoor kitchen to teach residents how to prepare healthy food for their families. Their goal is to improve community health in the area around Oakland City neighborhood through urban agriculture. Gilliam\u0026rsquo;s provides residents with access to fresh fruits, vegetables and poultry products.\u003c/li\u003e\r\n\t\u003cli\u003eMarddy\u0026rsquo;s:\u0026nbsp;A shared kitchen space and marketplace for food-based entrepreneurs on the Westside. The owner, Keitra Bates, was recently featured on the NPR series, \u0026ldquo;Kitchen Table Conversations.\u0026rdquo; Her mission is to preserve culinary culture of the Westside by supporting home chefs within the community. Access to Capital for Entrepreneurs (ACE), a certified Community Development Financial Institution (CDFI), has already provided support to the business with a loan to purchase the building where the business is located. Funding obtained through the Civic Impact Loan will be used for staffing and marketing purposes.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eAEMI is a U.S. Treasury-certified Community Development Entity created by Invest Atlanta in 2006 that specializes in providing gap financing for projects that create jobs and revitalize Atlanta\u0026rsquo;s distressed neighborhoods. In 2016, the AEMI board of directors approved the allocation of $100,000 to finance a pilot revolving loan fund for social entrepreneurship in Atlanta.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","filename":"three-atlanta-social-entrepreneurs-awarded-civic-impact-loans-by-atlanta-emerging-markets-inc","meta_data_id":null,"published":true,"token":"lu-pjg","created_at":"2017-12-18T18:16:51.446-05:00","updated_at":"2018-05-17T10:25:42.157-04:00","description":"\u003cdiv class=\"datatype-wysiwyg-basic description\"\u003e\n Atlanta Emerging Markets, Inc. (AEMI) officially closed on the first round of its new Civic Impact Loans program that will go to three Atlanta social entrepreneurs.\n\u003c/div\u003e\n","audience_id":null},{"id":1,"title":"Atlanta Beltline","map_image":{"id":99,"parent_id":14,"resource_file_name":"atlanta-beltline-tad-map-square.jpg","resource_content_type":"image/jpeg","resource_file_size":54687,"resource_updated_at":"2017-12-18T17:10:04.155-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-18T17:10:04.217-05:00","updated_at":"2024-10-01T10:11:21.855-04:00","filename_hash":"atlanta-beltline-tad-map-square_2amvOBK.jpg","width":630,"height":532},"map_description":"45 neighborhoods throughout the City of Atlanta.","funding_open":true,"filename":"atlanta-beltline","meta_data_id":null,"published":true,"token":"8Yuo9w","created_at":"2017-12-21T12:18:54.272-05:00","updated_at":"2024-10-01T10:11:21.835-04:00","mantle_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},"mantle_text":"The Beltline Tax Allocation District was created in 2005 to provide a local funding source for the implementation of this major revitalization project.","full_map_image":{"id":109,"parent_id":15,"resource_file_name":"atlanta_beltline_tad_map_wide.jpg","resource_content_type":"image/jpeg","resource_file_size":501835,"resource_updated_at":"2017-12-18T17:10:17.005-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-18T17:10:17.128-05:00","updated_at":"2024-10-01T10:11:21.849-04:00","filename_hash":"atlanta_beltline_tad_map_wide_8my2w82.jpg","width":1880,"height":720},"detail_image":{"id":97,"parent_id":13,"resource_file_name":"atlanta_beltline_tad.jpg","resource_content_type":"image/jpeg","resource_file_size":217604,"resource_updated_at":"2017-12-18T17:09:51.903-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-18T17:09:51.975-05:00","updated_at":"2024-10-01T10:11:21.860-04:00","filename_hash":"atlanta_beltline_tad_ymr3Jll.jpg","width":800,"height":800},"about_copy":"\u003cdiv class=\"datatype-wysiwyg about_copy\"\u003e\n \u003cp\u003eThe Atlanta Beltline is the most comprehensive revitalization effort ever undertaken in the City of Atlanta and among the largest, most wide-ranging urban redevelopment and mobility projects currently underway in the United States. This sustainable project is providing a network of public parks, multi-use trails and transit by re-using 22-miles of historic railroad corridors circling downtown and connecting 45 neighborhoods directly to each other.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Beltline Tax Allocation District was created in 2005 to provide a local funding source for the implementation of this major revitalization project. In this way it differs from the other TADs, because all increment collected goes to fund the infrastructure of the project.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","objectives_copy":"\u003cdiv class=\"datatype-wysiwyg objectives_copy\"\u003e\n \u003cp\u003eThe Atlanta Beltline is a sustainable redevelopment project that is transforming the city. It will ultimately connect 45 intown neighborhoods via a 22-mile loop of multi-use trails, modern streetcar, and parks \u0026ndash; all based on railroad corridors that formerly encircled Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn order to fully realize the vision of 22 miles of a more connected Atlanta, the Atlanta Beltline supports:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eAffordable workforce housing\u003c/li\u003e\r\n\t\u003cli\u003eEconomic development\u003c/li\u003e\r\n\t\u003cli\u003eJob creation\u003c/li\u003e\r\n\t\u003cli\u003ePublic health\u003c/li\u003e\r\n\t\u003cli\u003eStreetscapes\u003c/li\u003e\r\n\t\u003cli\u003ePublic art\u003c/li\u003e\r\n\t\u003cli\u003eEnvironmental clean-up\u003c/li\u003e\r\n\t\u003cli\u003eHistoric preservation\u003c/li\u003e\r\n\t\u003cli\u003eSustainability\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eThe Atlanta Beltline represents a new framework for the region\u0026rsquo;s growth, centered on Transit Oriented Development (TOD), an unprecedented expansion of park land and public spaces, and vital expansion of the regional transit and transportation network via multi-use trails and modern streetcar. As a major new planned transportation corridor for both pedestrians and transit riders, the Atlanta Beltline provides critical first and last mile connectivity with direct connections into downtown and midtown.\u003c/p\u003e\r\n\r\n\u003cp\u003eWith links to the existing MARTA system and other transit services from outlying suburban communities, the expansion of the Atlanta Streetcar system is a transit component critical for long-term transportation initiatives benefiting everyone in the entire metro Atlanta region and beyond.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","funding_copy":"\u003cdiv class=\"datatype-wysiwyg funding_copy\"\u003e\n \u003cp\u003eThe Atlanta Beltline Affordable Housing Trust Fund (BAHTF)\u0026nbsp;promotes the creation and preservation of affordable housing within the Beltline neighborhoods. To view current programs, please review guidelines below.\u003c/p\u003e\r\n\r\n\u003cp\u003eReturn to development incentives application \u003ca href=\"/developers/opportunities-incentives/tax-allocation-district-financing\"\u003e\u003cstrong\u003e\u003cu\u003ehere.\u003c/u\u003e\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","impact_1":"\u003cspan class=\"datatype-select_field impact_1\"\u003e\n Brownfield Loan Fund Helps Remediate Historic Structure\n\u003c/span\u003e\n","impact_2":"\u003cspan class=\"datatype-select_field impact_2\"\u003e\n IA Leads Southwest BeltLine Existing Business Resource Event\n\u003c/span\u003e\n","impact_3":"\u003cspan class=\"datatype-select_field impact_3\"\u003e\n City of Atlanta Awarded $500,000 for Brownfield Cleanup Loan Fund\n\u003c/span\u003e\n"},{"id":2,"title":"September 2017: Ensuring Atlanta is First to the Future","published_date":"2017-09-19","featured_image":null,"description":"\u003cdiv class=\"datatype-wysiwyg-basic description\"\u003e\n This week, Atlanta officially launched the North Avenue Smart Corridor, which will use the latest technology in data collection, integration, and analytics to make North Avenue safer and more efficient for drivers, cyclists, and pedestrians.\u0026nbsp;\n\u003c/div\u003e\n","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eThis week, Atlanta officially launched the North Avenue Smart Corridor, which will use the latest technology in data collection, integration, and analytics to make North Avenue safer and more efficient for drivers, cyclists, and pedestrians. Invest Atlanta funded the purchase of the smart cameras that will be used to gather critically important data along the Smart Corridor, and we\u0026rsquo;re proud to be part of this public-private collaboration between the City of Atlanta, the Georgia Department of Transportation, Georgia Tech, and several tech companies.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eBut this is just the beginning. In the years ahead, this project will serve as the foundation for an expansion of Smart City technology throughout Atlanta, allowing for more efficient traffic management, and ultimately, improved traffic flow, lower emissions, improved safety all while supporting the growth of our economy. It also demonstrates how government can help to drive innovation. Local companies like Applied Information, Surtrac, and Wheego are all able to demonstrate their technologies through this project, which will support their growth in our market.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eTo stay ahead competitively, we need to continually think about what\u0026rsquo;s coming and how Invest Atlanta and our partners can continue to play a role. So I\u0026rsquo;m pleased that our team will be engaging with entrepreneurs and executives at several major events next month, including the SuperNova South Conference, the Women in Business Summit, the A3C Conference, FutureX, TEDxPeachtree, TechStars Demo Day, and the Atlanta Corporate Innovation Summit. All of these events support businesses across Atlanta\u0026rsquo;s industry sectors.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eAs the city\u0026rsquo;s official economic development agency, we\u0026rsquo;re acting in the entrepreneurial spirit, refusing to wait, and actively working toward a brighter future for Atlanta.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eI am IA!\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eDr. Eloisa Klementich, CEcD\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003ePRESIDENT \u0026amp; CEO\u003c/p\u003e\r\n\n\u003c/div\u003e\n","audience_id":null,"filename":"september-2017-ensuring-atlanta-is-first-to-the-future","meta_data_id":null,"published":true,"token":"8_TLrA","created_at":"2017-12-18T18:37:34.355-05:00","updated_at":"2018-01-11T11:15:56.550-05:00"},{"id":2,"title":"IA Hosts Second Annual Small Business Excellence Awards","promo_title":"IA Hosts Second Annual Small Business Excellence Awards","published_date":"2017-11-01","featured_image":{"id":42,"parent_id":5,"resource_file_name":"sbal_awardees.jpg","resource_content_type":"image/jpeg","resource_file_size":233239,"resource_updated_at":"2017-12-18T17:07:38.221-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-18T17:07:38.286-05:00","updated_at":"2018-02-06T13:18:06.015-05:00","filename_hash":"sbal_awardees_gvVg9W3.jpg","width":800,"height":535},"filename":"ia-hosts-second-annual-small-business-excellence-awards","meta_data_id":null,"published":true,"token":"h9CJ3A","created_at":"2017-12-20T11:03:11.518-05:00","updated_at":"2018-02-06T13:18:06.001-05:00","video_link":"https://player.vimeo.com/video/245262848","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta hosted the second annual Excellence in Small Business Awards to honor Atlanta\u0026rsquo;s outstanding small businesses.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta hosted the second annual Excellence in Small Business Awards at The Gathering Spot on Wednesday, October 25, 2017 to honor Atlanta\u0026rsquo;s outstanding small businesses. Eight Atlanta businesses were recognized for all they\u0026rsquo;ve done to strengthen our city\u0026rsquo;s small business sector.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Your determination has made Atlanta one of the most vibrant city\u0026rsquo;s for small business,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;Whether it\u0026rsquo;s a tech startup or a brick and mortar business serving the community, entrepreneurs like you throughout Atlanta are changing our city for the better. You\u0026rsquo;re not only selling products and services, you\u0026rsquo;re creating new jobs, and building stronger communities. It\u0026rsquo;s your determination that has made Atlanta\u0026rsquo;s small business sector strong and successful.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe theme of the event was \u0026ldquo;Strengthening the Entrepreneurial Spirit,\u0026rdquo; with entrepreneur and Spotify senior manager Amber Grimes delivering a riveting keynote address about the power of perseverance in the face of adversity.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Don\u0026rsquo;t let anyone, ever, dim your light,\u0026rdquo; she told the audience.\u003c/p\u003e\r\n\r\n\u003cp\u003eThis year, the first Excellence in Small Business Pitch Competition took place during the event, which brought together three emerging entrepreneurs to present how their business would create new economic opportunities. The presenters were Ngozi Chuku from Reel Chemistry, JaQuis McCullough from Numis, and Mbye Nije from Legal Equalizer. Legal Equalizer, an app that provides a crash course in civil and constitutional rights, took home the top prize.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 2017 Small Business Excellence Award recipients were:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eSpotlight Award: Atlanta Movie Tours, Inc.\u003c/li\u003e\r\n\t\u003cli\u003eExcellence In Longevity: Like a River Salon and Spa LLC\u003c/li\u003e\r\n\t\u003cli\u003eFranchise Excellence: This Is It! Seafood \u0026amp; BBQ\u003c/li\u003e\r\n\t\u003cli\u003eEntrepreneur Of The Year: Watkins Mortuary Inc.\u003c/li\u003e\r\n\t\u003cli\u003eManufacturing Excellence: The Good Hair Shop LLC\u003c/li\u003e\r\n\t\u003cli\u003eExpansion Excellence: Brewed to Serve Restaurant Group Inc.\u0026rsquo;\u003c/li\u003e\r\n\t\u003cli\u003eCommunity Favorite: The Trophy Room Barbershop LLC\u003c/li\u003e\r\n\t\u003cli\u003eStart-Up Excellence: Doux South Specialties LLC\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eThe event sponsors were: Atlanta Emerging Markets, Inc., Wharton Law, Ground Floor, New Realm Brewing Company, New Africa Business Association of Atlanta, and Shay Latte.\u003c/p\u003e\r\n\r\n\u003cp\u003eSince 2001, Invest Atlanta has invested more than $11.5 million in 187 small businesses in the City of Atlanta, leveraging an additional $32.5 million from the private sector.\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":2,"title":"Invest Atlanta Approves $26 Million in Bond Financing at August Board Meeting to Support Homeless Initiatives","published_date":"2017-08-21","featured_image":null,"content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eATLANTA \u0026ndash;\u0026nbsp;Mayor Kasim Reed and the Invest Atlanta Board of Directors unanimously passed a resolution at its August 17, 2017, board meeting that will provide $26 million in additional funding for initiatives to eradicate homelessness in the City of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This funding, in addition to the philanthropic support we have received, constitutes the largest investment in the homeless and homelessness in our city\u0026rsquo;s history,\u0026rdquo; said Mayor Kasim Reed. \u0026ldquo;From homelessness to affordable housing, I am pleased that our city continues to apply its economic resources to critical areas of need, enabling us to build a more promising future for many of our residents.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe $26 million in Homeless Opportunity Bond financing will leverage an additional $25 million in philanthropic support, for a $50 million total initiative to make homelessness rare, brief and non-recurring in the City of Atlanta. The remaining $1 million will cover the costs of the transaction. Additional public and private dollars will come from the U.S. Department of Housing and Urban Development (HUD), the State of Georgia, Fulton County and the Atlanta Housing Authority. In total, this represents an investment of more than $115 million toward eradicating homelessness.\u003c/p\u003e\r\n\r\n\u003cp\u003eSince 2013, the City of Atlanta has reduced the number of homeless by about 52 percent, with a 61 percent decrease in the number of chronically homeless individuals. The number of veterans who are homeless has been reduced by 62 percent. To further reduce and ultimately eradicate homelessness, the City of Atlanta has established its own continuum-of-care (CoC) and Partners for Home, a non-profit that will oversee the CoC and leverage public and private dollars in funding.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe funding from Homeless Opportunity Bonds will support this strategy by funding nearly 600 units of permanent supportive housing and associated services for the homeless, as well as the acquisition and operation of shelters that will house nearly 250 new emergency, low-barrier shelter beds.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The city has made great strides in working to reduce and eradicate homelessness here in Atlanta,\u0026rdquo; said Dawn Luke, Invest Atlanta\u0026rsquo;s senior vice president of Community Development. \u0026ldquo;And with this bond issuance, Invest Atlanta and the City of Atlanta will have allocated nearly $140 million to impact affordable housing and homelessness since December of last year.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThis combined 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","filename":"invest-atlanta-approves-26-million-in-bond-financing-at-august-board-meeting-to-support-homeless-initiatives","meta_data_id":null,"published":true,"token":"Ley9dg","created_at":"2017-12-18T18:18:26.647-05:00","updated_at":"2018-01-11T11:46:26.109-05:00","description":"\u003cdiv class=\"datatype-wysiwyg-basic description\"\u003e\n Mayor Kasim Reed and the Invest Atlanta Board of Directors unanimously passed a resolution at its August 17, 2017, board meeting that will provide $26 million in additional funding for initiatives to eradicate homelessness in the City of Atlanta.\n\u003c/div\u003e\n","audience_id":null},{"id":2,"title":"Atlantic Station","map_image":{"id":100,"parent_id":14,"resource_file_name":"atlantic-station-tad-map-square.jpg","resource_content_type":"image/jpeg","resource_file_size":57531,"resource_updated_at":"2017-12-18T17:10:04.247-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-18T17:10:04.316-05:00","updated_at":"2018-08-08T13:32:13.523-04:00","filename_hash":"atlantic-station-tad-map-square_2amvOBK.jpg","width":630,"height":532},"map_description":"Atlantic Station is located just north of the Home Park neighborhood.","funding_open":false,"filename":"atlantic-station","meta_data_id":null,"published":true,"token":"6IZWjQ","created_at":"2017-12-21T12:32:50.402-05:00","updated_at":"2018-08-08T13:32:13.481-04:00","mantle_image":{"id":430,"parent_id":7,"resource_file_name":"tad_mantle1.jpg","resource_content_type":"image/jpeg","resource_file_size":501309,"resource_updated_at":"2018-01-05T15:40:46.714-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":4,"created_at":"2018-01-05T15:40:46.908-05:00","updated_at":"2024-12-18T11:13:21.255-05:00","filename_hash":"tad_mantle1_6aOzOxX.jpg","width":1880,"height":720},"mantle_text":"Site of the former Atlantic Steel Mill.","full_map_image":{"id":277,"parent_id":15,"resource_file_name":"atlantic_station_tad_map_wide.jpg","resource_content_type":"image/jpeg","resource_file_size":449240,"resource_updated_at":"2017-12-21T12:30:05.444-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T12:30:05.630-05:00","updated_at":"2018-08-08T13:32:13.509-04:00","filename_hash":"atlantic_station_tad_map_wide_r6Pamqr.jpg","width":1880,"height":720},"detail_image":{"id":278,"parent_id":13,"resource_file_name":"atlanta-station-map.jpg","resource_content_type":"image/jpeg","resource_file_size":170187,"resource_updated_at":"2017-12-21T12:30:50.849-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T12:30:50.960-05:00","updated_at":"2018-08-08T13:32:13.547-04:00","filename_hash":"atlanta-station-map_lpV2Rml.jpg","width":700,"height":900},"about_copy":"\u003cdiv class=\"datatype-wysiwyg about_copy\"\u003e\n \u003cp\u003eThe Atlantic Station Tax Allocation District was established in 1999 to facilitate the redevelopment of a 138-acre brownfield site, which had been contaminated due to almost a century of heavy industrial use.\u003c/p\u003e\r\n\r\n\u003cp\u003eToday, this site is home to a vibrant, sustainable, mixed-use development which has made use of alternative transportation modes to minimize congestion, improve air quality, and connect major activity centers. This project has also transformed east/west links into more efficient, aesthetically pleasing transportation corridors.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003ca href=\"/assets/atlantic_station_redevelopment_plan_wjyVKw5.pdf\"\u003eAtlantic Station TAD Redevelopment Plan\u003c/a\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","objectives_copy":"\u003cdiv class=\"datatype-wysiwyg objectives_copy\"\u003e\n \u003cp\u003eThe benefits of Atlantic Steel Site redevelopment included:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eCleaning-up a major brownfield site\u003c/li\u003e\r\n\t\u003cli\u003eMaking maximum use of alternative transportation modes to minimize congestion and improve air quality\u003c/li\u003e\r\n\t\u003cli\u003eBuilding a new east/west link, the 17th Street Bridge\u003c/li\u003e\r\n\t\u003cli\u003eCreating new jobs\u003c/li\u003e\r\n\t\u003cli\u003eAttracting new residents\u003c/li\u003e\r\n\t\u003cli\u003eTransforming 14th Street, Northside Drive and Howell Mill Drive into pedestrian friendly, well functioning, aesthetically pleasing corridors\u003c/li\u003e\r\n\t\u003cli\u003eNew parks and streetscaping\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\n\u003c/div\u003e\n","funding_copy":"\u003cdiv class=\"datatype-wysiwyg funding_copy\"\u003e\n \n\u003c/div\u003e\n","impact_1":"\u003cspan class=\"datatype-select_field impact_1\"\u003e\n Music Tech Giant Pandora Creating 250 Jobs in Atlanta\n\u003c/span\u003e\n","impact_2":"\u003cspan class=\"datatype-select_field impact_2\"\u003e\n City of Atlanta Awarded $500,000 for Brownfield Cleanup Loan Fund\n\u003c/span\u003e\n","impact_3":"\u003cspan class=\"datatype-select_field impact_3\"\u003e\n \n\u003c/span\u003e\n"},{"id":3,"title":"August 2017: Making a Difference in Atlanta’s Neighborhoods","published_date":"2017-08-14","featured_image":null,"description":"\u003cdiv class=\"datatype-wysiwyg-basic description\"\u003e\n A couple of weeks ago, I was truly touched to hear from an Invest Atlanta staff member about the feedback she\u0026rsquo;d received at a recent Neighborhood Planning Unit (NPU) meeting.\n\u003c/div\u003e\n","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eA couple of weeks ago, I was truly touched to hear from an Invest Atlanta staff member about the feedback she\u0026rsquo;d received at a recent Neighborhood Planning Unit (NPU) meeting.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eThe meeting was for NPU-T, which lies south of the Martin Luther King, Jr. Drive corridor and consists of Atlanta University Center (AUC), Ashview Heights, CollegeTown, Just Us, The Villages at Castleberry Hill, West End, and Westview.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eAt the meeting, several residents approached our staff person, each sharing how Invest Atlanta had made a difference in their lives and neighborhoods. One resident had received down payment assistance through our homebuyer incentives programs. A local business owner spoke about how the neighborhood caf\u0026eacute; they owned would be able to grow thanks to a small business loan from Invest Atlanta. This staff member was also able to share information with NPU-T residents about the work we\u0026rsquo;re doing to acquire and remove blighted properties as a Choice Neighborhoods partner. She also spoke about the MLK Innovation Village we\u0026rsquo;re constructing at the Hamilton Holmes MARTA Station out of used shipping containers, encouraging more local entrepreneurs to launch their dreams.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eFrom homeowners to small businesses to entrepreneurs, Invest Atlanta is making a difference, not just in NPU-T, but in all 25 NPUs throughout the City of Atlanta. So far this year, we\u0026rsquo;ve supported the creation of nearly 3,800 new jobs, facilitated $5.7 million of first mortgage financing for new homebuyers, and supported small businesses with $284,000 in low-interest loans.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eIt\u0026rsquo;s a privilege and honor to work every day on behalf of the City of Atlanta. I\u0026rsquo;m especially proud of having the opportunity to hear how we\u0026rsquo;ve made a tangible difference in the lives of those who call Atlanta home. Thank you.\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eI am IA!\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px 0px 25px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003eDr. Eloisa Klementich, CEcD\u003c/p\u003e\r\n\r\n\u003cp style=\"margin: 0px; font-size: 14px; line-height: 1.6em; border: none; background: none; box-shadow: none; font-family: \u0026quot;Whitney SSm A\u0026quot;, \u0026quot;Whitney SSm B\u0026quot;, sans-serif; color: rgb(56, 64, 71);\"\u003ePRESIDENT \u0026amp; CEO\u003c/p\u003e\r\n\n\u003c/div\u003e\n","audience_id":null,"filename":"august-2017-making-a-difference-in-atlantas-neighborhoods","meta_data_id":null,"published":true,"token":"slRGuQ","created_at":"2017-12-18T18:38:18.587-05:00","updated_at":"2018-01-11T11:16:05.754-05:00"},{"id":3,"title":"Invest Atlanta and Partners Showcase Atlanta FinTech at Money2020","promo_title":"Invest Atlanta and Partners Showcase Atlanta FinTech at Money2020","published_date":"2017-10-31","featured_image":{"id":209,"parent_id":33,"resource_file_name":"money2020_main.jpg","resource_content_type":"image/jpeg","resource_file_size":306850,"resource_updated_at":"2017-12-20T11:32:36.398-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T11:32:36.688-05:00","updated_at":"2017-12-20T13:30:23.205-05:00","filename_hash":"money2020_main_4X3bk4q.jpg","width":3362,"height":1815},"filename":"invest-atlanta-and-partners-showcase-atlanta-fintech-at-money2020","meta_data_id":null,"published":true,"token":"adGRMA","created_at":"2017-12-20T11:34:07.568-05:00","updated_at":"2017-12-20T13:30:22.537-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Economic Development team traveled to Las Vegas for Money 2020, the world\u0026rsquo;s largest FinTech innovation conference.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Economic Development team traveled to Las Vegas in October for Money 2020, the world\u0026rsquo;s largest payments and financial services innovation conference. Working with the state of Georgia, the Metro Atlanta Chamber of Commerce, and FinTech Atlanta, Invest Atlanta had an incredibly successful time in Las Vegas as the city, state, and region continue to rise as a leader in the FinTech industry.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe region was well represented at Money 2020, with 20 large Atlanta companies and 156 FinTech companies with a Georgia presence in attendance. In addition, 12 speakers and 14 panel sessions focused on the region\u0026rsquo;s strengths in the FinTech industry. In addition, the FinTech Atlanta team hosted a high-profile curated discussion with Bloomberg at a CEO dinner, while more than 60 people (14 large funds) attended their venture capital reception. The team hosted more than 10 individual meetings at a sold-out reception attended by 300 people. In addition, FinTech Atlanta posters and signs around could be sign throughout the event space.\u003c/p\u003e\r\n\r\n\u003cp\u003eAtlanta has become known as \u0026ldquo;Transaction Alley\u0026rdquo; for its role as the epicenter of a growing segment of the FinTech, or financial services, industry. Around 70 percent of U.S. financial transactions pass through Georgia. The state\u0026rsquo;s FinTech companies generate an annual revenue of more than $72 billion, and collectively process more than 118 billion transactions per year. Together, this represents $2 trillion of purchase volume each year, supporting nearly 4 million merchants.\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":3,"title":"Invest Atlanta Approves Creation and Retention of 493 Units of Affordable and Workforce Housing","published_date":"2017-07-20","featured_image":null,"content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eATLANTA \u0026ndash;\u0026nbsp;At 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 493 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 more than 490 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, rehab, 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 authoring 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","filename":"invest-atlanta-approves-creation-and-retention-of-493-units-of-affordable-and-workforce-housing","meta_data_id":null,"published":true,"token":"SWK-Zg","created_at":"2017-12-18T18:20:40.014-05:00","updated_at":"2018-01-11T11:46:03.465-05:00","description":"\u003cdiv class=\"datatype-wysiwyg-basic description\"\u003e\n At 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 493 units of affordable and workforce housing.\n\u003c/div\u003e\n","audience_id":null},{"id":3,"title":"Campbellton Road","map_image":{"id":101,"parent_id":14,"resource_file_name":"campbellton-rd-tad-map-square.jpg","resource_content_type":"image/jpeg","resource_file_size":45688,"resource_updated_at":"2017-12-18T17:10:04.349-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-18T17:10:04.419-05:00","updated_at":"2024-12-18T11:11:10.741-05:00","filename_hash":"campbellton-rd-tad-map-square_2amvOBK.jpg","width":630,"height":532},"map_description":"The district consists of approximately 1,433 acres with 585 individual parcels along Campbellton Road.","funding_open":true,"filename":"campbellton-road","meta_data_id":null,"published":true,"token":"Rxy4eQ","created_at":"2017-12-21T13:11:09.292-05:00","updated_at":"2024-12-18T11:11:10.706-05:00","mantle_image":{"id":431,"parent_id":7,"resource_file_name":"campbelltonroad_tad_mantle_940x360.jpg","resource_content_type":"image/jpeg","resource_file_size":281957,"resource_updated_at":"2018-01-05T15:43:02.358-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-01-05T15:43:02.521-05:00","updated_at":"2024-12-18T11:11:10.729-05:00","filename_hash":"campbelltonroad_tad_mantle_940x360_wjl2l1N.jpg","width":1880,"height":720},"mantle_text":"Created in 2006 to facilitate the resurgence of this key commercial corridor by encouraging substantial private commercial investment.","full_map_image":{"id":110,"parent_id":15,"resource_file_name":"campbellton_rd_tad_map_wide.jpg","resource_content_type":"image/jpeg","resource_file_size":390898,"resource_updated_at":"2017-12-18T17:10:17.160-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-18T17:10:17.282-05:00","updated_at":"2024-12-18T11:11:10.735-05:00","filename_hash":"campbellton_rd_tad_map_wide_8my2w82.jpg","width":1880,"height":720},"detail_image":{"id":554,"parent_id":20,"resource_file_name":"cambellton_tad_map_2.jpg","resource_content_type":"image/jpeg","resource_file_size":64961,"resource_updated_at":"2018-02-26T14:17:40.063-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-02-26T14:17:40.094-05:00","updated_at":"2024-12-18T11:11:10.748-05:00","filename_hash":"cambellton_tad_map_2_nppbklV.jpg","width":894,"height":620},"about_copy":"\u003cdiv class=\"datatype-wysiwyg about_copy\"\u003e\n \u003cp\u003eThe TAD was created to establish the framework for new redevelopment opportunities and investment along a major arterial linking Downtown to the neighborhoods in southwest Atlanta. It was also created to provide an important economic incentive to enhance the area\u0026rsquo;s market competitiveness.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","objectives_copy":"\u003cdiv class=\"datatype-wysiwyg objectives_copy\"\u003e\n \u003cp\u003eBelow are the key economic development and housing principles for the TAD:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eImprove the investment environment to attract a \u0026ldquo;fair share\u0026rdquo; of regional growth.\u003c/li\u003e\r\n\t\u003cli\u003ePreserve and enhance the residential neighborhood character.\u003c/li\u003e\r\n\t\u003cli\u003eImprove the appeal of the commercial areas.\u003c/li\u003e\r\n\t\u003cli\u003eAttract uses at key redevelopment locations to expand employment opportunities (major anchor projects are located along the corridor including Fort McPherson, Greenbriar Mall, and the Atlanta BeltLine).\u003c/li\u003e\r\n\t\u003cli\u003eStimulate redevelopment through creation of an effective public-private partnership.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u003ca href=\"/assets/campbellton_road_tad_redevelopment_plan_8my2wqR.pdf\"\u003eCambellton Road TAD Redevelopment Plan\u003c/a\u003e\u003c/p\u003e\r\n\r\n\u003chr /\u003e\r\n\u003ch4\u003e\u0026nbsp;\u003c/h4\u003e\r\n\n\u003c/div\u003e\n","funding_copy":"\u003cdiv class=\"datatype-wysiwyg funding_copy\"\u003e\n \u003cp\u003eTo view current programs, please review guidelines below.\u003c/p\u003e\r\n\r\n\u003cp\u003eReturn to development incentives application\u0026nbsp;\u003ca href=\"/developers/opportunities-incentives/tax-allocation-district-financing\"\u003e\u003cstrong\u003e\u003cu\u003ehere.\u003c/u\u003e\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","impact_1":"\u003cspan class=\"datatype-select_field impact_1\"\u003e\n \n\u003c/span\u003e\n","impact_2":"\u003cspan class=\"datatype-select_field impact_2\"\u003e\n \n\u003c/span\u003e\n","impact_3":"\u003cspan class=\"datatype-select_field impact_3\"\u003e\n \n\u003c/span\u003e\n"},{"id":4,"title":"July 2017: Meeting the Affordable Housing Challenge","published_date":"2017-07-19","featured_image":null,"description":"\u003cdiv class=\"datatype-wysiwyg-basic description\"\u003e\n I recently had the pleasure of sitting down with Rose Scott and Jim Burress on WABE\u0026rsquo;s Closer Look to discuss the issue of affordable housing in Atlanta.\n\u003c/div\u003e\n","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eI recently had the pleasure of sitting down with Rose Scott and Jim Burress on WABE\u0026rsquo;s Closer Look to discuss the issue of affordable housing in Atlanta. (You can listen to the interview in its entirety here.)\u003c/p\u003e\r\n\r\n\u003cp\u003eWe began by talking about 161 Peachtree Center, which, thanks to a $9 million Eastside TAD grant, will create 60 new affordable workforce units in the heart of Downtown Atlanta. But our conversation went beyond this project to how Invest Atlanta and the City Atlanta, under the leadership of Mayor Reed, are working to make Atlanta a place for everyone to call home.\u003c/p\u003e\r\n\r\n\u003cp\u003eWe spoke about several key topics such as the $140 million in new funding that we will use into the coming years to support the creation of affordable housing. We also touched on the City\u0026rsquo;s affordable housing policy introduced in 2016 that requires a set percentage of residential real estate units from any development receiving public funds to be leased to working households whose income falls below a certain percentage of the area median income (AMI).\u003c/p\u003e\r\n\r\n\u003cp\u003eAtlanta\u0026rsquo;s population is expected to grow from half a million today to an estimated 1.3 million by 2050, putting pressure on our city\u0026rsquo;s housing supply, especially in areas near major employment centers. It\u0026rsquo;s more important than ever for all of us who can continue to shape the future of Atlanta to think about new ways we can create a variety of housing opportunities. The steps we\u0026rsquo;re taking now are crucial for the years to come.\u003c/p\u003e\r\n\r\n\u003cp\u003eWith new funds and policies in place, we\u0026rsquo;ll move forward with our partners at the Atlanta Housing Authority (AHA), the City of Atlanta, and the Atlanta BeltLine Inc. to create a broad mix of housing choices in the city allowing us to reach our goal of 10,000 units by 2020. And in the process, we\u0026rsquo;ll reduce the number of city residents who pay more than 30 percent of their income for housing.\u003c/p\u003e\r\n\r\n\u003cp\u003eOur city\u0026rsquo;s future economic strength relies on us working to make Atlanta both globally competitive and more prosperous for all Atlantans. Together, we can make it happen.\u003c/p\u003e\r\n\r\n\u003cp\u003eDr. Eloisa Klementich, CEcD\u003c/p\u003e\r\n\r\n\u003cp\u003ePRESIDENT \u0026amp; CEO\u003c/p\u003e\r\n\n\u003c/div\u003e\n","audience_id":null,"filename":"july-2017-meeting-the-affordable-housing-challenge","meta_data_id":null,"published":true,"token":"BLhshw","created_at":"2017-12-18T18:38:59.101-05:00","updated_at":"2018-01-11T11:16:41.877-05:00"},{"id":4,"title":"Atlanta Incentivizes First-Of-Its-Kind Clean Energy Financing Program","published_date":"2017-10-19","description":"\u003cdiv class=\"datatype-wysiwyg-basic description\"\u003e\n Commercial property owners in the city of Atlanta will be able to obtain loans to finance clean-energy projects through a new program that is the first of its kind in Georgia.\n\u003c/div\u003e\n","external_link":"https://www.bizjournals.com/atlanta/news/2017/10/19/atlanta-launches-clean-energy-financing-program.html","created_at":"2017-12-18T17:48:29.130-05:00","updated_at":"2017-12-18T17:48:29.130-05:00","published":true},{"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":4,"title":"Invest Atlanta Board Approves $9M Eastside TAD Grant to Fund 20 Percent Affordable Workforce Housing Units in New Residential Development in Downtown Atlanta","published_date":"2017-07-20","featured_image":null,"content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eATLANTA \u0026ndash;\u0026nbsp;Mayor Kasim Reed and the Invest Atlanta Board of Directors passed a resolution today 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","filename":"invest-atlanta-board-approves-9m-eastside-tad-grant-to-fund-20-percent-affordable-workforce-housing-units-in-new-residential-development-in-downtown-atlanta","meta_data_id":null,"published":true,"token":"3H1yGw","created_at":"2017-12-18T18:22:01.325-05:00","updated_at":"2018-01-11T12:06:03.536-05:00","description":"\u003cdiv class=\"datatype-wysiwyg-basic description\"\u003e\n Mayor Kasim Reed and the Invest Atlanta Board of Directors passed a resolution today 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.\n\u003c/div\u003e\n","audience_id":null},{"id":4,"title":"Eastside","map_image":{"id":102,"parent_id":14,"resource_file_name":"eastside-tad-map-square.jpg","resource_content_type":"image/jpeg","resource_file_size":57399,"resource_updated_at":"2017-12-18T17:10:04.454-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-18T17:10:04.520-05:00","updated_at":"2024-12-18T11:11:32.745-05:00","filename_hash":"eastside-tad-map-square_2amvOBK.jpg","width":630,"height":532},"map_description":"Eastern and southern areas of Downtown, Sweet Auburn, Old Fourth Ward, as well as portions of Grant Park and Cabbagetown.","funding_open":true,"filename":"eastside","meta_data_id":null,"published":true,"token":"jHqc1g","created_at":"2017-12-21T14:05:25.016-05:00","updated_at":"2022-04-06T15:04:57.572-04:00","mantle_image":{"id":430,"parent_id":7,"resource_file_name":"tad_mantle1.jpg","resource_content_type":"image/jpeg","resource_file_size":501309,"resource_updated_at":"2018-01-05T15:40:46.714-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":4,"created_at":"2018-01-05T15:40:46.908-05:00","updated_at":"2024-12-18T11:13:21.255-05:00","filename_hash":"tad_mantle1_6aOzOxX.jpg","width":1880,"height":720},"mantle_text":"Provides incentives to attract the residents, jobs, and retail needed to make Downtown a vibrant 24-hour center of activity.","full_map_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},"detail_image":{"id":299,"parent_id":13,"resource_file_name":"eastside-tad-map-805x1024.jpg","resource_content_type":"image/jpeg","resource_file_size":181147,"resource_updated_at":"2017-12-21T13:59:58.918-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:59:59.034-05:00","updated_at":"2024-12-18T11:11:32.751-05:00","filename_hash":"eastside-tad-map-805x1024_kbVy1gg.jpg","width":800,"height":1018},"about_copy":"\u003cdiv class=\"datatype-wysiwyg about_copy\"\u003e\n \u003cp\u003eThe Eastside Tax Allocation District (Eastside TAD) was established in 2003 to join the Westside TAD in allowing the City to rebuild its Downtown by attracting new private investment and improving local streetscapes and making Atlanta a more enjoyable place to live, work and play.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Eastside TAD is located in the center of the City of Atlanta and includes the eastern and southern portions of Downtown and the adjacent neighborhoods of Sweet Auburn and Old Fourth Ward, as well as neighborhoods along the Memorial Drive corridor, including portions of Grant Park and Cabbagetown. This area is highly accessible, served by multiple MARTA stations, three interstate highways, and the Atlanta Streetcar.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe area of the TAD within Downtown is characterized by high-density commercial development and government uses. Opportunities exist for redevelopment of underutilized vacant or obsolete buildings and surface parking lots. The surrounding neighborhoods of Sweet Auburn, Old Fourth Ward, and Memorial Drive feature a mix of lower and medium density commercial and residential uses. These areas are home to some of the city\u0026rsquo;s most historic commercial districts, including South Peachtree/South Broad Street and Auburn and Edgewood Avenues.\u003c/p\u003e\r\n\r\n\u003cp\u003eDespite a surge in development in many of the city\u0026rsquo;s urban areas, much of the Eastside TAD has yet to see the same kind of investment that has occurred in nearby neighborhoods to the north, west, and east. The area south of Marietta Street, in particular, has continued to struggle and remains mostly vacant or underutilized with the exception of governmental uses.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","objectives_copy":"\u003cdiv class=\"datatype-wysiwyg objectives_copy\"\u003e\n \u003cp\u003eBroad objectives of the Eastside TAD Redevelopment Plan include:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eMaintaining the City of Atlanta as the historical commercial center of the metro region.\u003c/li\u003e\r\n\t\u003cli\u003eAttracting Downtown jobs and residents.\u003c/li\u003e\r\n\t\u003cli\u003eCreating an attractive, walkable Downtown through new development and public infrastructure.\u003c/li\u003e\r\n\t\u003cli\u003eInvesting in new mixed-use, mixed-income housing.\u003c/li\u003e\r\n\t\u003cli\u003eRevitalizing the Sweet Auburn/Old Fourth Ward and Memorial Drive corridors.\u003c/li\u003e\r\n\t\u003cli\u003eRedeveloping Grady Homes and Capitol Homes into mixed-income communities.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u003ca href=\"/assets/eastside_tad_redevelopment_plan_E6x8oZo.pdf\"\u003eEastside TAD Redevelopment Plan\u003c/a\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","funding_copy":"\u003cdiv class=\"datatype-wysiwyg funding_copy\"\u003e\n \u003cp\u003eInvest Atlanta is accepting applications for eligible projects within the Eastside TAD, with preference given to projects within Sweet Auburn, South Downtown and the Memorial Drive corridor that provide Affordable Housing, expand Economic Development, focus on Historic Preservation, and/or are supported by Non-Profit Sponsors providing services with public benefits.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eTo view current programs, please review guidelines below.\u003c/p\u003e\r\n\r\n\u003cp\u003eReturn to development incentives application\u0026nbsp;\u003ca href=\"/developers/opportunities-incentives/tax-allocation-district-financing\"\u003e\u003cstrong\u003e\u003cu\u003ehere.\u003c/u\u003e\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eSweet Auburn Area\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cimg alt=\"\" height=\"246\" src=\"/assets/sweet_auburn_eXONJb3.jpg\" width=\"500\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMemorial Drive Corridor\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003cimg alt=\"\" height=\"189\" src=\"/assets/memorial_drive_corridor_eXONRN3.jpg\" width=\"500\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eSouth Downtown\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003e\u003cimg alt=\"\" height=\"528\" src=\"/assets/south_downtown_eXONJb3.jpg\" width=\"500\" /\u003e\u003c/strong\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","impact_1":"\u003cspan class=\"datatype-select_field impact_1\"\u003e\n Tax Allocation District (TAD) Investments at Work\n\u003c/span\u003e\n","impact_2":"\u003cspan class=\"datatype-select_field impact_2\"\u003e\n Tax Allocation District Grants to Improve Safety in Atlanta\n\u003c/span\u003e\n","impact_3":"\u003cspan class=\"datatype-select_field impact_3\"\u003e\n Resurgens Fund Grants to Bring New Life to Eastside Properties\n\u003c/span\u003e\n"},{"id":5,"title":"June 2017: Strengthening Atlanta’s Commercial Corridors","published_date":"2017-06-14","featured_image":null,"description":"\u003cdiv class=\"datatype-wysiwyg-basic description\"\u003e\n The 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.\n\u003c/div\u003e\n","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\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\u003eTo support this type of strategy, the City of Atlanta and Invest Atlanta are intently focused on making targeted investments along corridors in Atlanta that are in development\u0026mdash;streets like Martin Luther King, Jr. Dr. 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, narrow and separated over long distances by parking lots and underutilized properties. In addition, these corridors lack certain amenities, such as greenspace and grocery stores.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta and our partners are working to address these issues. Working on multiple fronts, we will remain centered around redeveloping our city\u0026rsquo;s most important commercial corridors to ensure they are vibrant and attractive connectors between neighborhoods. By doing so, we\u0026rsquo;ll strengthen the city\u0026rsquo;s core neighborhoods, address equity and support increased resiliency.\u003c/p\u003e\r\n\r\n\u003cp\u003eBe on the lookout for a piece I\u0026rsquo;m writing in partnership with the Commercial Real Estate Women (CREW) of Atlanta where I will lay out our vision for these corridors in more detail.\u003c/p\u003e\r\n\r\n\u003cp\u003eDr. Eloisa Klementich, CEcD\u003c/p\u003e\r\n\r\n\u003cp\u003ePRESIDENT \u0026amp; CEO\u003c/p\u003e\r\n\n\u003c/div\u003e\n","audience_id":null,"filename":"june-2017-strengthening-atlantas-commercial-corridors","meta_data_id":null,"published":true,"token":"a5uc8A","created_at":"2017-12-18T18:39:48.763-05:00","updated_at":"2018-01-11T11:17:31.398-05:00"},{"id":5,"title":"Three Atlanta Social Entrepreneurs Awarded Civic Impact Loans to Expand Businesses, Community Impact","published_date":"2017-10-19","description":"\u003cdiv class=\"datatype-wysiwyg-basic description\"\u003e\n Atlanta Emerging Markets, Inc. (AEMI) officially closed on the first round of its new Civic Impact Loans program that will go to three Atlanta social entrepreneurs.\n\u003c/div\u003e\n","external_link":"https://atlantadailyworld.com/2017/10/19/three-atlanta-social-entrepreneurs-awarded-civic-impact-loans-to-expand-businesses-community-impact/","created_at":"2017-12-18T17:55:51.809-05:00","updated_at":"2017-12-18T17:55:51.809-05:00","published":true}]}
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