Bottoms’ extensive plan calls for finding ways to use existing public dollars and land as an incentive to attract private sector investment. The plan also includes changes in zoning, expediting redevelopment of vacant and blighted properties, developer incentives, and the creation of a housing innovation lab.
According to the news release, the data represents commitments from city agencies, such as the city’s economic development agency Invest Atlanta and Atlanta Housing.
The dashboard will be updated on a quarterly basis, city officials said. Future versions of the dashboard will include private and philanthropic funds committed to the development of affordable housing.
HOUSING BY THE NUMBERS: Since January 2018, 3,506 affordable units have been completed or are underway. $251.6 million in public funds have been dedicated to funding the units, according to the city’s newly released tracker. Under Atlanta Mayor Keisha Lance Bottoms’ affordable housing plan, there will be 20,000 affordable units by 2026.