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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.
Foundation: Jim Joseph Foundation
The Jewish Emergent Network is a loose affiliation of seven Jewish organizations.The network passed on its core initiatives to the Jewish Social Justice Roundtable and Atra.Many of the rabbis who...more
Elise May, a former HEARTS Board Member, is an independentTeaching Artist/Arts Administrator, educator, actor, singer, and writer.She works with actors, school districts, libraries, and ...more
Environmental science majors study the science behind environmental challenges like climate change, pollution, and habitat destruction.An urban studies major focuses on the design and management of...more
Emporia Area Chamber of Commerce and Ignite Emporia embody these values through a proactive approach to creating an environment for business and community success.81% of adults consider their local...more
The Creative Capital Foundation selected 55 artists and collectives for its annual grant award from a pool of over 5,600 applicants.Each grant provides $50,000 of unrestricted project funding...more
Kindle Farm School is a therapeutic day school serving 50 students in grades 3-12.One hundred percent of Kindle Farm's student body is comprised of students who qualify for special education within...more
Creative Sonoma's leadership benefits schools and artists in the county.A grant program provides funding for school districts to create strategic arts plans.The Emerging Artists Incubator at the...more
The impact of philanthropy in London: A legacy of giving | London Daily News.From historical figures to modern-day benefactors, philanthropy has played a crucial role in addressing social challenges...more
Innovative ideas from Plymouth County youth earn $2,500 grant for community improvement.The project is designed to provide youth with opportunities to learn about community development and how their...more
The foundation supports local nonprofits, schools and community groups in the areas of community development, environment, education, aging in place, business development, arts and culture and youth...more
Community Building News from...
Wells Fargo Foundation
New Hampshire Charitable Foundation
Community Foundation of Southeast Kansas
Dallas Foundation
Oak Park-River Forest Community Foundation
Greater Washington Community Foundation
Rhode Island Foundation
Community Foundation for Greater Atlanta
California Community Foundation
Arizona Community Foundation
Social Entrepreneurship
Spotlight
Foundation Provides Interest-free Loans to Start Up Social Enterprises
The Charities Aid Foundation has set up a scheme, called the Social Enterprise Assist, that will render interest-free loans of up to £10,000 each to help social enterprise start-ups.
