ATLANTA – At Invest Atlanta’s July monthly board meeting this morning, Mayor Kasim Reed and members of the Invest Atlanta board approved five projects that in total would create or retain 493 units of affordable and workforce housing. The new developments will increase the availability of affordable housing within Atlanta’s in-town communities and are located near MARTA transit lines. Read More
ATLANTA – Mayor Kasim Reed and the Invest Atlanta Board of Directors passed a resolution today approving the use of $9 million from the Eastside Tax Allocation District (TAD) for the development of a $90.5 million, 14-story, 302-unit residential tower at 161 Peachtree Center Avenue in Downtown Atlanta. Sixty of the units, or 20 percent of the total units, will be set aside as affordable workforce housing. Read More
MARTA’s next transit-oriented redevelopment looks to involve something unique: lots of shipping containers that will be geared toward local entrepreneurs. Read More
The NCR Innovation Lab brings together the company’s global R&D teams to focus on creating solutions for digital commerce
NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announces the NCR Innovation Lab, a brand new research and development hub, which will focus on cross-functional research, innovation, and design-thinking. The NCR Innovation Lab will bring together NCR’s R&D teams with its global innovation labs to drive a unified omni-channel focus and build upon NCR’s position as a leader in the digitally connected economy.
The City of Atlanta’s Better Buildings Challenge has passed a milestone – 100 million square feet.
Grants will incentivize new development and building improvements to increase business growth, mixed income housing, employment activity and the sustainability of neighborhoods
ATLANTA – Invest Atlanta today announced that it is accepting new applications for qualified development and improvement projects in the Eastside Tax Allocation District (TAD). Through the Eastside TAD, the City of Atlanta is providing tax increment financing to attract infill projects in Downtown and surrounding neighborhoods and to promote the implementation of public infrastructure and amenities that are critical to building a sustainable community.
First program of its kind in Georgia can bridge the gap to home ownership when traditional mortgage financing is not attainable
ATLANTA – Invest Atlanta announced today it will launch a new program to increase homeownership in Atlanta through the Trio Lease-to-Own Home Financing Program. The program provides a flexible financing solution to help prospective homebuyers who may have difficulty attaining a traditional mortgage. Open to residents of the City of Atlanta, Trio offers the opportunity to secure a lease on a home with the option to buy it at a locked-in mortgage interest rate and term based on today’s pricing and underwritten to FHA standards.
Mayor Kasim Reed and Invest Atlanta Announce New Affordable Housing Policy
ATLANTA – Mayor Kasim Reed and Invest Atlanta today announced a new omnibus Workforce Housing Policy to increase the availability of affordable housing in the City of Atlanta. The policy enhances existing economic incentives for new multifamily real estate to increase the number of housing units available to tenants at specified income levels.