Incentivize catalytic projects to advance the city’s economic recovery by closing $205 million in real estate transactions, leveraging $418 million in additional public and private investments
Create a redevelopment framework and execute MOU for the Stadium Neighborhoods Tax Allocation District
Close inaugural Perry-Bolton Tax Allocation District bond issue
Obtain APS Board of Education support for the use of tax increment and advance projects within the four commercial tax allocation districts; a) Metropolitan Pkwy, b) Stadium Neighborhoods, c) Campbellton Road and d) Martin Luther King Jr. Drive/DL Hollowell Pkwy.
Offer creative financing tools and incentives to stimulate capital investment
Focus on and support transit-oriented development initiatives
Create 1,150 new jobs through business retention, expansion and attraction
Catalyze industrial and commercial development by adding or leasing 540,000 square feet of space
Attract international business investment by marketing intown Atlanta to foreign firms
Lead city’s business marketing initiatives
Support enhancement of workforce development initiatives
Seek new capital to fund additional small business lending programs and spur entrepreneurial activity
Stabilize neighborhoods by incentivizing 2,700 units of residential housing
Create new financing vehicles and incentives for the multifamily “affordable” developer
Complete citywide assessment of vacant housing stock
Cultivate strategic partnerships with developers and lenders of REO properties
Reduce vacancies and encourage home ownership via downpayment assistance for buyers and education for intown realtors
Did you know, for every 1,000 new tons generated in air cargo at Hartsfield-Jackson airport adds 10 to 15 new jobs for the City of Atlanta? (Source: Metro Atlanta Chamber of Commerce)
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