Atlanta Beltline Housing Trust Fund
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The National Low Income Housing Coalition is providing this data as a public service. NLIHC will continue to update the database. The accuracy of the data is based on information provided by the programs' administrators and user submissions.
The Atlanta BeltLine Affordable Housing program was created with the goal of developing 5,600 units of affordable housing over 25 years. The funds provide grants for developers of affordable housing that may be used for acquisition, construction, or renovation of multifamily housing. Affordable housing must be built along the 22 mile loop of railway that connects 45 Atlanta neighborhoods. Between 2008 and 2013, 173 rental units were produced.
The Atlanta BeltLine Affordable Housing program is funded through bond proceeds issued for the Beltline Tax Allocation district and administered by Invest Atlanta. In 2008, an $8.8 million bond was issued, specifically to fund affordable housing. Of this amount, $4.3 million was allocated for the production of rental housing. Future funding will be determined based on revenue from the Tax Allocation district.
PLEASE NOTE: Some of the information on housing trust funds included in this database was provided by the Center for Community Change (Housing Trust Fund Project). Go to www.housingtrustfundproject.org for more information on State and Local Housing Trust Funds