The Atlanta Development Authority (ADA, doing business as “Invest Atlanta”) announced its intentions to advocate for Inclusionary Zoning in Atlanta.
Councilman Dickens said,“Affordable Housing is a critical issue for the sustainability and livability of Atlanta. I called the Council Work Session to help us gain a common understanding of the successes, challenges, and opportunities we have to ensure Atlanta continues to be an affordable and wonderful place to live. The meeting showed how the Office of Housing and Invest Atlanta are currently collaborating for a Housing Strategy that works.”
The Housing Strategy’s goal include: increase Atlanta’s population by ten percent; reduce the number of families who are cost burdened by ten percent; reduce the number of vacant blighted structures by ten percent; produce or rehabilitate 10,000 residential units for a range of incomes; generate 100 million dollars for affordable housing construction or rehabilitation; and ensure 10,000 new units meet sustainability standards.