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A City of Atlanta Housing Affordability Plan was recently unveiled by Mayor Keisha Lance Bottoms. The Plan was a collaborative effort that acts as a roadmap to increase the number of residents who can afford housing costs.
Several nonprofits, city agencies, philanthropic organizations, private companies, educational institutions, faith-based groups, residents, and community members came together to create the Plan roadmap under the banner of House ATL to develop recommendations.
The Plan is based on four key goals that include 13 initiatives. These four goals are to: create or preserve 20,000 affordable homes by 2026 and increase overall supply; invest $1 billion from public, private, and philanthropic sources in the production and preservation of affordable housing; ensure equitable growth for all Atlanta residents and minimize displacement; and support innovation and streamline processes.
The Plan includes 4% Low Income Housing Tax Credits from Georgia Department of Community Affairs and Tax-Exempt Bonds and Housing Opportunity Bonds from Invest Atlanta. The first mortgage financing is provided by Red Capital while the Federal and State equity investor is RBC Bank.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
People of color make up about 20% of Spokane County, Wash., but they own about 8% of the county's businesses, reports the Spokesman-Review. That's why the Spokane Workforce Council is...more
The New Brunswick Teachers Association is asking teachers and voters in the Canadian province to take a survey ahead of the next provincial election in September, the CBC reports. "We've seen a...more
The Oklahoma Arts Council has released its annual list of grant requests, and it's a doozy. This year's list includes a call for artists to "bring the arts to other statewide organizations," as...more
"I don't think many people know about our local ecosystems or recognize how important they are to keeping our beaches beautiful, keeping tourists here, and keeping our water as sparkling clean as it...more
A community college in Muskegon, Mich., is offering a full ride for any student willing to take a year of classes there, the Muskegon Chronicle reports. Muskegon Community College is offering a...more
When Collidescope.io co-founder and CEO Nick Lynch was looking for a new job last year, he came across an ad for a job that seemed like a no-brainer. "I am a software engineer," he wrote. "I...more
Foundation: Community Foundation of Sarasota County
There are nearly 750 nonprofit organizations in Sarasota, Manatee, Charlotte, and DeSoto counties in Florida, providing everything from health and youth services to education and the arts, per a new...more
When it comes to giving back to their communities, employees of companies are doing more than just putting money in their paychecksthey're giving their time and energy. In fact, more than 27...more
Foundation: Daniels Fund, Colorado Trust, Denver Foundation
The new CEO of the Prosperity Denver Fund says she's "thrilled to join the team at Prosperity Denver Fund, in service to the vision of Denver's taxpayers and their investment in the future of our...more
When the Providence Performing Arts Center was looking for a new artistic director earlier this year, it was looking for someone who would be willing to take on the role of artistic director of its...more
Civic Engagement News from...
Community Foundation of Sarasota County
Daniels Fund
Colorado Trust
Denver Foundation
Gulf Coast Community Foundation
Community Foundation of Greater Fort Wayne
Community Foundation for Southeast Michigan
El Paso Community Foundation
Fairfield County Community Foundation
Community Foundation of Western North Carolina
Social Entrepreneurship
Spotlight
Partnerships in Social Enterprises Can Increase Social Impact
Chief executive of HCT, Dai Powell, shares the experiences and practical lessons he learned along the way when teaming up with Ealing Community Transport to deliver site transport during the Olympic Park construction.
