{"result":[{"id":464,"title":"Habitat for Humanity to Build New Development","promo_title":"Habitat for Humanity to Build New Development","published_date":"2022-11-28","featured_image":{"id":2151,"parent_id":135,"resource_file_name":"hab2.jpg","resource_content_type":"image/jpeg","resource_file_size":103761,"resource_updated_at":"2022-11-28T10:58:01.218-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2022-11-28T10:58:02.022-05:00","updated_at":"2022-11-28T11:00:50.183-05:00","filename_hash":"hab2_w5Zq4kJ.jpg","width":1032,"height":499},"filename":"habitat-for-humanity-to-build-new-development","meta_data_id":null,"published":true,"token":"rKILZA","created_at":"2022-11-28T11:00:50.122-05:00","updated_at":"2022-11-28T11:00:50.122-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta Habitat for Humanity, Inc., has been approved for $2 million in Housing Opportunity Bond Funds \u0026ndash; Nonprofit for the construction of 64 single-family, for-sale units in the Orchard Knob neighborhood.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2022","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Habitat for Humanity, Inc., has been approved for $2 million in Housing Opportunity Bond Funds \u0026ndash; Nonprofit for the construction of 64 single-family, for-sale units in the Orchard Knob neighborhood. Located on Browns Mill Road in Southeast Atlanta, \u003cstrong\u003eBrowns Mill Village\u003c/strong\u003e will feature 64 units at 80% area median income (AMI).\u003c/p\u003e\r\n\r\n\u003cp\u003eAtlanta Habitat for Humanity prices homes at market rate before writing down the first mortgage to an amount the buyer can afford and structures a 30-year, interest-free first mortgage that ensures long-term affordability. Atlanta Habitat for Humanity also includes a shared equity provision and buy-back clause, providing first right of refusal to purchase the home if the mortgage is outstanding.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":408,"title":"Breaking Ground and Increasing Affordability ","promo_title":"Haven at South Atlanta Breaks Ground, London Town Homes Opens","published_date":"2021-06-22","featured_image":{"id":1631,"parent_id":5,"resource_file_name":"haven_groundbreaking.png","resource_content_type":"image/png","resource_file_size":1734694,"resource_updated_at":"2021-06-22T20:29:53.180-04:00","caption":"Haven Homes Groundbreaking","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2021-06-22T20:29:53.719-04:00","updated_at":"2021-06-23T09:12:24.656-04:00","filename_hash":"haven_groundbreaking_r6mRREl.png","width":1200,"height":628},"filename":"breaking-ground-and-increasing-affordability","meta_data_id":null,"published":true,"token":"6vGUWA","created_at":"2021-06-22T20:31:13.986-04:00","updated_at":"2021-06-23T09:12:24.608-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cdiv\u003e\r\n\u003cp paraeid=\"{ac9e4f87-0a00-4d5a-a24b-46c5b31d9e98}{215}\" paraid=\"1083831168\"\u003eMembers of Invest Atlanta, city officials and partner agencies were all\u0026nbsp;a\u0026nbsp;part of groundbreaking ceremonies for two affordable housing developments \u0026ndash; The Haven at South Atlanta and London Townhomes.\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{ac9e4f87-0a00-4d5a-a24b-46c5b31d9e98}{215}\" paraid=\"1083831168\"\u003eThe Haven at South Atlanta will be an 84-unit, mixed-income community\u0026nbsp;that provides\u0026nbsp;much-needed\u0026nbsp;affordability in close proximity to\u0026nbsp;downtown Atlanta and numerous job centers and amenities. Situated on what was once a vacant lot, The Haven will be a sustainable, energy-efficient community featuring one-, two- and three-bedroom garden apartments\u0026nbsp;with\u0026nbsp;affordable units targeted at 60% and 50% of Area Median Income (AMI).\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp paraeid=\"{ac9e4f87-0a00-4d5a-a24b-46c5b31d9e98}{215}\" paraid=\"1083831168\"\u003eLondon Townhomes is an existing development in the Ivan Hills neighborhood that is undergoing\u0026nbsp;extensive rehabilitation and preservation. Located on Scott Street and featuring 180 units at 60% AMI, the development will feature a computer center, fitness center, playground equipment, outdoor gathering spaces, new EnergyStar appliances (refrigerator, dishwasher) and washer/dryer hook-ups.\u003c/p\u003e\r\n\u003c/div\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":396,"title":"Public Partnership Opens Doors for Affordable Housing in Reynoldstown","promo_title":"Public Partnership Opens Doors for Affordable Housing in Reynoldstown","published_date":"2021-03-24","featured_image":{"id":1498,"parent_id":5,"resource_file_name":"screen_shot_2021-03-24_at_3.18.30_pm.png","resource_content_type":"image/png","resource_file_size":2341173,"resource_updated_at":"2021-03-24T15:19:44.063-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-03-24T15:19:44.158-04:00","updated_at":"2021-03-24T15:21:29.614-04:00","filename_hash":"screen_shot_2021-03-24_at_3.18.30_pm_Pg2Yz5V.png","width":1842,"height":1060},"filename":"public-partnership-opens-doors-for-affordable-housing-in-reynoldstown","meta_data_id":null,"published":true,"token":"mFp8gg","created_at":"2021-03-24T15:16:58.975-04:00","updated_at":"2021-03-24T15:21:29.591-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Critical affordable housing is coming to the rapidly developing Reynoldstown community with a $18.5 million bond resolution approved by the Invest Atlanta Board.\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003eCritical affordable housing is coming to the rapidly developing Reynoldstown community with a $18.5 million bond resolution approved by the Invest Atlanta Board.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003e\u0026ldquo;The project is a great example of partnership between public agencies,\u0026rdquo; said Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at Invest Atlanta. \u0026ldquo;We have land and property owned by Atlanta BeltLine, Atlanta Housing providing the capital structure and Atlanta HomeFlex vouchers to make the units more affordable, as well as Invest Atlanta with the conduit bond financing.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe Madison at Reynoldstown, located on Memorial Drive, will feature 116 multifamily, mixed-income housing units \u0026ndash; 24 of which will be made available at 30% area median income (AMI), 68 at 60% AMI and 24 at 80% AMI. Construction will be complete in 2022, and amenities will include a business center with computer stations, community rooms, fitness center, central laundry facility and access to public transportation.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cdiv\u003e\u0026nbsp;\u003c/div\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":391,"title":"Flats at Stone Hogan","promo_title":"Flats at Stone Hogan","published_date":"2021-02-23","featured_image":{"id":1487,"parent_id":5,"resource_file_name":"screen_shot_2021-02-19_at_3.01.55_pm.png","resource_content_type":"image/png","resource_file_size":4129872,"resource_updated_at":"2021-02-23T17:05:55.788-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2021-02-23T17:05:55.936-05:00","updated_at":"2021-02-23T17:07:24.428-05:00","filename_hash":"screen_shot_2021-02-19_at_3.01.55_pm_kb7wxxe.png","width":1884,"height":1172},"filename":"flats-at-stone-hogan","meta_data_id":null,"published":true,"token":"0p-AJQ","created_at":"2021-02-23T17:07:24.394-05:00","updated_at":"2021-02-23T17:07:24.394-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Developers Zimmerman Properties, Atlanta Housing and TriStar Realty Investments have been approved for $29.5 million in Tax Exempt Loans from the Urban Residential Finance Authority for the new construction of the Flats at Stone Hogan. The development will include 256 multi-family housing units in the Continental Colony neighborhood.\n\u003c/div\u003e\n","project_year":"2021","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003eDevelopers Zimmerman Properties, Atlanta Housing and TriStar Realty Investments have been approved for $29.5 million in Tax Exempt Loans from the Urban Residential Finance Authority for the new construction of the Flats at Stone Hogan. The development will include 256 multi-family housing units in the Continental Colony neighborhood.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThis is a companion project to the Villas at Stone Hogan, a senior housing development that was approved for inducement in October 2020. According to Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at\u0026nbsp;Invest Atlanta, at the time, the community had expressed concerns about the amount of senior housing in their neighborhood, as well as their desire for more family housing and an open dialogue about proposed development plans. \u0026ldquo;The developer has very intently and deliberately engaged the community,\u0026rdquo; said Ferguson, \u0026ldquo;and has made tremendous progress in their plans and connections with the community.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe Flats at Stone Hogan will include 75 units at 50% Average Median Income (AMI), 78 units at 60% AMI, 75 units at 70% AMI and 28 units at market rate. Wraparound services also will be provided for the families and children who attend Continental Colony Elementary School.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe Flats at Stone Hogan represents the second phase of this development and construction will move concurrently with the Villas at Stone Hogan. A planned, third phase will include market-rate, for-sale townhomes, which are in alignment with community requests.\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Renting\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":372,"title":"New BeltLine-Adjacent Affordable Housing","promo_title":"New BeltLine-Adjacent Affordable Housing","published_date":"2020-12-21","featured_image":{"id":1452,"parent_id":5,"resource_file_name":"screen_shot_2020-12-21_at_1.04.38_pm.png","resource_content_type":"image/png","resource_file_size":3061123,"resource_updated_at":"2020-12-21T13:05:58.999-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-12-21T13:05:59.120-05:00","updated_at":"2020-12-21T13:10:22.321-05:00","filename_hash":"screen_shot_2020-12-21_at_1.04.38_pm_zmBlEbD.png","width":1958,"height":1270},"filename":"new-beltline-adjacent-affordable-housing","meta_data_id":null,"published":true,"token":"YSVlvg","created_at":"2020-12-21T13:10:22.295-05:00","updated_at":"2020-12-21T13:10:22.295-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Construction of 160 new, mixed-income affordable housing targeted for seniors will soon begin at 1265 Lakewood Ave. The development, located adjacent to the BeltLine in the Chosewood Park community, was approved for final bond resolution by the Invest Atlanta Board.\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-4e4eb38e-7fff-bfcc-08cf-31c06569af61\"\u003eConstruction of 160 new, mixed-income affordable housing targeted for seniors will soon begin at 1265 Lakewood Ave. The development, located adjacent to the BeltLine in the Chosewood Park community, was approved for final bond resolution by the Invest Atlanta Board.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eAmenities will include a community room with kitchen, fitness center, business center, wellness room, interior gathering areas, laundry room and a community garden. There also will be ongoing residential activities designed to meet the needs of the community.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eAccording to Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at\u0026nbsp;Invest Atlanta, seniors are one of the fastest-growing demographics in Atlanta. \u0026ldquo;The demand for affordable senior housing is tremendous,\u0026rdquo; said Ferguson. \u0026ldquo;Every project that we\u0026rsquo;ve completed over the past seven years focused on senior housing has leased up within less than 60 days, without exception. We expect this project to perform similarly well.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":370,"title":"New Affordable Housing Coming to Greenbriar Community","promo_title":"New Affordable Housing Coming to Greenbriar Community","published_date":"2020-12-21","featured_image":{"id":1450,"parent_id":5,"resource_file_name":"greenbriar_developments.png","resource_content_type":"image/png","resource_file_size":347461,"resource_updated_at":"2020-12-21T11:53:40.252-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-12-21T11:53:40.291-05:00","updated_at":"2020-12-21T11:54:59.625-05:00","filename_hash":"greenbriar_developments_1O7m2K2.png","width":600,"height":300},"filename":"new-affordable-housing-coming-to-greenbriar-community","meta_data_id":null,"published":true,"token":"VMza2Q","created_at":"2020-12-21T11:54:59.590-05:00","updated_at":"2020-12-21T11:54:59.590-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n District 11 and the Greenbriar neighborhood will soon have two new affordable housing developments \u0026ndash; one being a multifamily, mixed-income housing unit and another targeted for seniors.\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-1b69d33a-7fff-6ef7-5936-5183e4723d2b\"\u003eDistrict 11 and the Greenbriar neighborhood will soon have two new affordable housing developments \u0026ndash; one being a multifamily, mixed-income housing unit and another targeted for seniors.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe construction of a new, 240-unit, multifamily, mixed-income housing development on Greenbriar Parkway was approved by the Invest Atlanta Board using a $29.5 million tax-exempt loan from the Urban Residential Finance Authority. Affordability ranges from 80% Area Median Income (AMI) to 50% AMI.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe Invest Atlanta Board also approved a $28.5 million tax-exempt loan for the construction of a new, 244-unit senior housing development on Greenbriar Parkway. Affordability ranges from 80% Area Median Income (AMI) to 50% AMI.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003e\u0026ldquo;We believe this level of income and this level of units will be tremendously beneficial in terms of supporting other services and retail within the Greenbriar corridor,\u0026rdquo; said Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at\u0026nbsp;Invest Atlanta. \u0026ldquo;This is a big day for District 11 and the Greenbriar area. It\u0026rsquo;s bringing a lot of rooftops and a lot of new quality housing to the community.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":369,"title":"New Medical and Retail Development Comes to Southwest Atlanta","promo_title":"New Medical and Retail Development Comes to Southwest Atlanta","published_date":"2020-12-21","featured_image":{"id":1449,"parent_id":5,"resource_file_name":"screen_shot_2020-12-17_at_10.11.58_am.png","resource_content_type":"image/png","resource_file_size":2450319,"resource_updated_at":"2020-12-21T11:37:48.358-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-12-21T11:37:48.470-05:00","updated_at":"2020-12-21T11:46:44.516-05:00","filename_hash":"screen_shot_2020-12-17_at_10.11.58_am_LglqXZJ.png","width":2384,"height":942},"filename":"new-medical-and-retail-development-comes-to-southwest-atlanta","meta_data_id":null,"published":true,"token":"QTXDug","created_at":"2020-12-21T11:46:44.486-05:00","updated_at":"2020-12-21T11:46:44.486-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board approved a $14 million lease-purchase bond to provide an operational subsidy for the Briarwood Medical Office and Commercial Retail development, as well as a $1.2 million grant from the Campbellton Road Tax Allocation District (TAD) to provide gap financing.\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-9551da03-7fff-8a61-dce3-36c4979c3467\"\u003eThe Invest Atlanta Board approved a $14 million lease-purchase bond to provide an operational subsidy for the Briarwood Medical Office and Commercial Retail development, as well as a $1.2 million grant from the Campbellton Road Tax Allocation District (TAD) to provide gap financing.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe project will convert approximately six acres in Southwest Atlanta into a $13,039,818 development consisting of 30,000 square feet of medical office space and 17,000 square feet of commercial retail space.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan\u003eThe Briarwood Medical Office and Commercial Retail project is part of an 11-acre development immediately across from Greenbriar Mall, which will eventually become a mixed-use district that also includes housing, commercial and other public amenities. It also provides necessary medical services and quality jobs to a census tract\u003c/span\u003e deemed as a Designated Health Professional Shortage Area.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-9551da03-7fff-8a61-dce3-36c4979c3467\"\u003eAccording to Alan Ferguson\u003c/span\u003e, senior vice president of Community Development at\u0026nbsp;Invest Atlanta, the mixed-use development goes back to 2019 when Invest Atlanta, the City of Atlanta and partner agencies came together to identify potential projects that could be marketed for investment under the Better Opportunities Loan Program.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-9551da03-7fff-8a61-dce3-36c4979c3467\"\u003e\u0026ldquo;We\u0026rsquo;re now at the point to provide incentives to bring this project forth to construction and fruition,\u0026rdquo; said Ferguson. \u0026ldquo;We feel the delivery of these healthcare and medical services during a time of COVID-19 recovery will be essential for this area.\u0026rdquo;\u003c/span\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":366,"title":"Approved Incentives Bring Jobs to Atlanta ","promo_title":"Approved Incentives Bring Jobs to Atlanta ","published_date":"2020-11-24","featured_image":{"id":1443,"parent_id":5,"resource_file_name":"nov._board_incentives.png","resource_content_type":"image/png","resource_file_size":171580,"resource_updated_at":"2020-11-25T08:43:52.211-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-11-25T08:43:52.286-05:00","updated_at":"2020-11-30T17:14:51.907-05:00","filename_hash":"nov._board_incentives_38LY3xe.png","width":600,"height":200},"filename":"approved-incentives-bring-jobs-to-atlanta","meta_data_id":null,"published":true,"token":"YElJCw","created_at":"2020-11-25T08:45:46.911-05:00","updated_at":"2020-11-30T16:46:05.063-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n This month, the Invest Atlanta Board approved four economic incentives that will help create and retain more than 2,420 jobs in Atlanta and will bring more than $703 million in capital investment to the city.\u0026nbsp;\r\n\u003cul\u003e\r\n\u003c/ul\u003e\r\n\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003eThis month, the Invest Atlanta Board approved four economic incentives that will help create and retain more than\u0026nbsp;2,420\u0026nbsp;jobs in Atlanta and will bring more than $703 million in capital investment\u0026nbsp;to the city.\u0026nbsp;The incentives\u0026nbsp;\u003cspan\u003ewere awarded to the following companies:\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cul style=\"list-style-type:disc;\"\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\" role=\"presentation\"\u003e\u003cstrong\u003e\u003cspan id=\"docs-internal-guid-3b058a3b-7fff-f0a4-ed41-a11b69f6df35\"\u003eBlackRock Financial Management Inc.\u003c/span\u003e\u003c/strong\u003e \u0026ndash; The financial services and investment company headquartered in New York City has brought its iHub to Atlanta, citing the city\u0026rsquo;s diverse and deep talent pool. BlackRock will create 1,000 new jobs, 600 of which will be middle-wage jobs.\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\" role=\"presentation\"\u003e\u003cstrong\u003e\u003cspan id=\"docs-internal-guid-3b058a3b-7fff-f0a4-ed41-a11b69f6df35\"\u003eInvesco Group Services\u003c/span\u003e \u003c/strong\u003e\u0026ndash; The independent investment management firm has committed to retain its headquarters in Atlanta and consolidate operations following its purchase of Oppenheimer Fund. This commitment keeps 586 existing Invesco employees in the city and adds 500 new jobs.\u0026nbsp;\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\" role=\"presentation\"\u003e\u003cstrong\u003e\u003cspan id=\"docs-internal-guid-3b058a3b-7fff-f0a4-ed41-a11b69f6df35\"\u003eNorfolk Southern Corporation\u003c/span\u003e\u003c/strong\u003e \u0026ndash; The North American freight railroad company is relocating its corporate headquarters to Atlanta and consolidating all its corporate staff and operation controllers in the city. This will retain 2,025 Norfolk Southern employees in the city and add 850 new jobs.\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli dir=\"ltr\"\u003e\r\n\t\u003cp dir=\"ltr\" role=\"presentation\"\u003e\u003cstrong\u003e\u003cspan id=\"docs-internal-guid-3b058a3b-7fff-f0a4-ed41-a11b69f6df35\"\u003eCoffee Café Bakery\u003c/span\u003e\u003c/strong\u003e \u0026ndash; The subsidiary of ZSC Enterprises and Chunara Food Group (CFG) provides donuts and bakery products to Dunkin\u0026rsquo; brand restaurants. The board approved a lease purchase bond resolution on its $10,000,000 personal property investment for the Coffee Café Bakery facility, which will create up to 70 middle-wage jobs in Southwest Atlanta.\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Site Selection\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":360,"title":"Coffee Café Bakery Production Facility to Supply Baked Goods and Jobs","promo_title":"Coffee Café Bakery Production Facility to Supply Baked Goods and Jobs","published_date":"2020-10-19","featured_image":{"id":1411,"parent_id":5,"resource_file_name":"oct_i_i_coffee.png","resource_content_type":"image/png","resource_file_size":1185195,"resource_updated_at":"2020-10-19T14:03:04.355-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-10-19T14:03:04.427-04:00","updated_at":"2020-10-19T14:04:31.491-04:00","filename_hash":"oct_i_i_coffee_PgllvLZ.png","width":1080,"height":720},"filename":"coffee-cafe-bakery-production-facility-to-supply-baked-goods-and-jobs","meta_data_id":null,"published":true,"token":"BdntHw","created_at":"2020-10-19T14:04:31.461-04:00","updated_at":"2020-10-19T14:04:31.461-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Coffee Caf\u0026eacute; Bakery, a subsidiary of a ZSC Enterprises and Chunara Food Group (CFG) partnership, is building a new, $10 million production facility in Fulton County, which will supply goods to over 150 Dunkin\u0026rsquo; restaurants across metro Atlanta.\u003cbr /\u003e\r\n\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eGeorgia is a national leader in the food industry, and Dunkin\u0026rsquo;-supplier Coffee Caf\u0026eacute; Bakery represents the latest addition to the Atlanta region\u0026rsquo;s robust foods industry.\u003c/p\u003e\r\n\r\n\u003cp\u003eCoffee Caf\u0026eacute; Bakery, a subsidiary of a ZSC Enterprises and Chunara Food Group (CFG) partnership, is building a new, $10 million production facility in Fulton County, which will supply goods to over 150 Dunkin\u0026rsquo; restaurants across metro Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eLocated at Browns Mill Road Southeast in one of Georgia\u0026rsquo;s Federal Qualified Opportunity Zones, Coffee Caf\u0026eacute; Bakery\u0026rsquo;s 31,150-square-foot facility will include high-tech production lines and equipment used for mixing, frying, glazing and finishing baked goods, including the brand\u0026rsquo;s signature donuts. The facility will create up to 70 middle-wage job opportunities for local residents.\u003c/p\u003e\r\n\r\n\u003cp\u003eAccording to Nathan Regan, senior vice president of Economic Development for\u0026nbsp;Invest Atlanta, Invest Atlanta worked closely with the company and put together as many products as it could to make a normally slim-margin food manufacturing facility work inside the city of Atlanta. \u0026ldquo;This is an investment in Atlanta\u0026rsquo;s Southside,\u0026rdquo; says Nathan. \u0026ldquo;They\u0026rsquo;ve agreed to hire workers from WorkSource Atlanta and will be training employees on this new type of equipment, which will provide good and promising jobs. This is a win, win, win for everyone involved.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eCFG, a Georgia Minority Business Award recipient, was established in 1989 by a former hourly Taco Bell employee. Today, this family-owned and operated enterprise includes more than 75 restaurants under its umbrella, such as Checkers, Popeyes, TGI Friday\u0026rsquo;s, Church\u0026rsquo;s Chicken, Dunkin\u0026rsquo; Brands and Take 5 franchises. CFG partner ZSC Enterprises is one of the fastest-growing Dunkin\u0026rsquo; franchisees in Georgia.\u003c/p\u003e\r\n\r\n\u003cp\u003eWith control of just under 50 Dunkin\u0026rsquo; restaurants in the Atlanta area, CFG and ZSC are expanding to ensure their restaurants and the broader Atlanta market will have an ample supply of baked goods as Dunkin\u0026rsquo; continues growing across the state.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Site Selection\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":356,"title":"Coming to the Chosewood Park Community: Affordable Senior Housing","promo_title":"Coming to the Chosewood Park Community: Affordable Senior Housing","published_date":"2020-10-19","featured_image":{"id":1408,"parent_id":5,"resource_file_name":"chosewood_park.png","resource_content_type":"image/png","resource_file_size":5187896,"resource_updated_at":"2020-10-19T13:21:33.273-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-10-19T13:21:33.439-04:00","updated_at":"2020-10-19T13:21:57.945-04:00","filename_hash":"chosewood_park_r6QQ1lR.png","width":2124,"height":1506},"filename":"coming-to-the-chosewood-park-community-affordable-senior-housing","meta_data_id":null,"published":true,"token":"Hcotiw","created_at":"2020-10-19T13:21:57.920-04:00","updated_at":"2020-10-19T13:21:57.920-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Seniors represent one of Atlanta\u0026rsquo;s fastest-growing demographics, and construction of a 160-unit, multi-family housing development will create more affordable housing for them, thanks to a $1 million BeltLine Tax Allocation District (TAD) \u0026ndash; Affordable Housing Increment Fund Grant.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eSeniors represent one of Atlanta\u0026rsquo;s fastest-growing demographics, and construction of a 160-unit, multi-family housing development will create more affordable housing for them, thanks to a $1 million BeltLine Tax Allocation District (TAD) \u0026ndash; Affordable Housing Increment Fund Grant.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project, located on Lakewood Avenue, had been previously induced for tax-exempt loan bond financing, but development was delayed due to an increase in construction costs. The BeltLine TAD grant will help fill the financing gap and allow the project to close and move forward.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThere will be 26 units available at 50% AMI or below, 121 at 60% AMI or below and 13 at 80% AMI or below. Residents will pay no more than 30% of their income.\u003c/p\u003e\r\n\r\n\u003cp\u003eLocated in the Chosewood Park community, the Lakewood development will include a community room with kitchen, fitness center, business center with computer stations, wellness room, interior gathering areas, laundry room and community garden.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Renting\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":354,"title":"Goodwill Receives AEMI Investment to Support First Job Training Center in the City of Atlanta","promo_title":"Goodwill Receives AEMI Investment to Support First Job Training Center in the City of Atlanta","published_date":"2020-10-19","featured_image":{"id":1068,"parent_id":5,"resource_file_name":"goodwill_insights.png","resource_content_type":"image/png","resource_file_size":1078421,"resource_updated_at":"2019-11-22T08:59:19.641-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":3,"created_at":"2019-11-22T08:59:19.791-05:00","updated_at":"2020-10-19T08:25:20.787-04:00","filename_hash":"goodwill_insights_zmKa8yX.png","width":1200,"height":725},"filename":"goodwill-receives-aemi-investment-to-support-first-job-training-center-in-the-city-of-atlanta","meta_data_id":null,"published":true,"token":"Q_Q1sw","created_at":"2020-10-19T08:24:18.378-04:00","updated_at":"2020-10-19T08:24:55.846-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \u003ca href=\"https://atlantaemergingmarkets.org/\"\u003eAtlanta Emerging Markets, Inc.\u003c/a\u003e\u0026nbsp;(AEMI), in partnership with Invest Atlanta, recently closed a $10 million deal to support the construction of Goodwill of North Georgia\u0026rsquo;s new 12,000-square-foot Center for Workforce Innovation, a job training and career services facility, located at 2160 Metropolitan Parkway.\n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-ee7da65a-7fff-3cc2-e1fa-582b955b0152\"\u003e\u003ca href=\"https://atlantaemergingmarkets.org/\"\u003eAtlanta Emerging Markets, Inc.\u003c/a\u003e\u003c/span\u003e (AEMI), in partnership with Invest Atlanta, recently closed a $10 million deal to support the construction of Goodwill of North Georgia\u0026rsquo;s new 12,000-square-foot Center for Workforce Innovation, a job training and career services facility, located at 2160 Metropolitan Parkway.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-ee7da65a-7fff-3cc2-e1fa-582b955b0152\"\u003eThe Center for Workforce Innovation will provide job training and career support to 8,300 people facing barriers to employment annually by providing graduates with the necessary certifications to attain entry-level jobs and services like free computer access, job fairs, and r\u0026eacute;sum\u0026eacute; writing workshops.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u003cspan id=\"docs-internal-guid-ee7da65a-7fff-3cc2-e1fa-582b955b0152\"\u003eThis is Goodwill\u0026rsquo;s first job training facility in the city of Atlanta. The space will also feature a 22,000-square-foot retail store, providing both accessible job training and affordable retail in Southwest Atlanta, a priority area for increasing economic mobility.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cspan id=\"docs-internal-guid-ee7da65a-7fff-3cc2-e1fa-582b955b0152\"\u003eInvest Atlanta has also supported this important project with $500,000 from the Economic Opportunity Fund (EOF) earlier this year and $150,000 from the Metropolitan Parkway Tax Allocation District (TAD) fund in 2019 to help more Atlantans prepare for and find good and promising jobs. These additional economic incentives have helped to create 50 new jobs in Southwest Atlanta.\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003e\u003cspan id=\"docs-internal-guid-ee7da65a-7fff-3cc2-e1fa-582b955b0152\"\u003eEstablished in 1925, Goodwill of North Georgia (GNG) currently operates 65 thrift stores and 13 career centers across 45 North Georgia counties and has placed over 100,000 people facing barriers to employment in jobs over the past five years. \u003c/span\u003e\u003c/em\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":328,"title":"EPA Awards Brownfield Grant for Cleanup of Atlanta Beltline Southside Corridor","promo_title":"EPA Awards Brownfield Grant for Atlanta Beltline Southside Corridor Clean-up","published_date":"2020-05-14","featured_image":{"id":429,"parent_id":7,"resource_file_name":"atlantabeltline_tad_mantle_940x360.jpg","resource_content_type":"image/jpeg","resource_file_size":502292,"resource_updated_at":"2018-01-05T15:35:11.809-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":3,"created_at":"2018-01-05T15:35:11.992-05:00","updated_at":"2024-10-01T10:11:21.844-04:00","filename_hash":"atlantabeltline_tad_mantle_940x360_kbWgWOO.jpg","width":1880,"height":720},"filename":"epa-awards-brownfield-grant-for-cleanup-of-atlanta-beltline-southside-corrido","meta_data_id":null,"published":true,"token":"n-eQAg","created_at":"2020-05-14T07:55:31.093-04:00","updated_at":"2020-05-14T07:56:51.799-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp dir=\"ltr\"\u003eThe Atlanta BeltLine\u0026rsquo;s Southside Corridor will get a major boost with a $500,000 Brownfield Cleanup Grant. The grant will fund environmental remediation of a 0.85-mile section of former railroad corridor in the Atlanta Beltline Southside Corridor, encompassing approximately 16 acres.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026ldquo;The City of Atlanta has many examples, like Atlantic Station, of brownfield remediation playing a critical role in revitalizing underdeveloped areas,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;These latest grant funds will not only further development of the Atlanta Beltline\u0026rsquo;s Southside trail, but also pave the way for equity-driven investment in low-income census tracts, including the three Federal Opportunity Zones in the remediation area. We thank the U.S. Environmental Protection Division for their continued support of these strategic development efforts in our city.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eThis segment of the former CSX railroad corridor will weave through the emerging job center of Pittsburgh Yards; underneath the major interstate bisecting Atlanta \u0026ndash; the 75/85 Connector; and a major Atlanta Public Schools complex. It also safely crosses under a busy five-way road intersection via a beautiful, 120-year old stone railroad tunnel.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eDue to the BeltLine\u0026rsquo;s history as a former railroad, Brownfield remediation has been a core component of the Atlanta BeltLine since its official inception in 2005. Though the trains have stopped running, contamination remains. Along the corridor, an estimated 3,000 tons of soil will be excavated and transported to an appropriate off-site disposal facility.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026ldquo;Atlanta Beltline, Inc. is thrilled to continue our decades-long partnership with the EPA to remediate a segment of the Southside corridor and create new pathways for economic inclusion, such as the development of Pittsburgh Yards,\u0026rdquo; said Clyde Higgs, CEO of Atlanta Beltline, Inc. \u0026ldquo;Initiatives such as these strengthen workforce development efforts and incentivize nearby housing development, including new affordable units.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eThe Atlanta BeltLine repurposes a freight rail corridor constructed approximately 100 years ago to bypass the core of Atlanta and transforms it into a 22-mile transportation corridor with a 14-foot wide multi-purpose trail that encircles the heart of the city.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eIn 2009, the City of Atlanta, through Invest Atlanta, established the Brownfield Remediation Loan Fund (BRLF) to provide brownfield cleanup financing for eligible projects within the Atlanta city limits. The fund was initially capitalized by a $1 million grant from the EPA. Since 2009, the EPA has provided an additional $1.9 million to the program for a total of $2.9 million to fund additional brownfield investments. Invest Atlanta offers BRLF funds to businesses interested in or involved in the development of brownfield sites for commercial projects, including recent \u003ca href=\"https://www.investatlanta.com/impact-insights/brownfield-clean-up-loan-approved-for-pullman-yard\"\u003efinancing to Atomic Entertainment\u003c/a\u003e for environmental remediation of Pullman Yard.\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003e\u0026ldquo;EPA\u0026rsquo;s grant funding has helped make it possible for communities across Georgia to clean up contaminated properties and benefit from the resulting economic growth,\u0026rdquo; said Richard Dunn, Director of the Georgia Environmental Protection Division. \u0026ldquo;Since the Georgia Brownfields Program began 17 years ago, 598 properties have been cleaned up at minimal expense to taxpayers and we are excited to add these new projects in Atlanta and Albany to that list.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp dir=\"ltr\"\u003eGrants awarded by EPA\u0026rsquo;s Brownfields Program provide communities across the country with an opportunity to transform contaminated sites into community assets that attract jobs and achieve broader economic development outcomes while taking advantage of existing infrastructure.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":320,"title":"First Small Business Improvement Grant Approved for Commercial Property in Mechanicsville ","promo_title":"Talon Plumbing to receive first Small Business Improvement Grant ","published_date":"2020-02-24","featured_image":{"id":1107,"parent_id":5,"resource_file_name":"istock-929926146.jpg","resource_content_type":"image/jpeg","resource_file_size":5775286,"resource_updated_at":"2020-02-25T17:59:01.571-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-02-25T17:59:02.448-05:00","updated_at":"2020-02-25T18:00:58.899-05:00","filename_hash":"istock-929926146_eXjDkv3.jpg","width":3835,"height":2597},"filename":"first-small-business-improvement-grant-approved-for-commercial-property-in-mechanicsville","meta_data_id":null,"published":true,"token":"SnlLLQ","created_at":"2020-02-24T11:46:21.348-05:00","updated_at":"2020-02-25T18:00:58.860-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \n\u003c/div\u003e\n","project_year":"2020","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors has approved the first allocation from the Small Business Improvement Grant, a new program launched in November 2019.\u003c/p\u003e\r\n\r\n\u003cp\u003eTalon Plumbing Services, LLC, located at 730 Pryor Street SW, will receive an amount up to $20,000 to finance improvements to its commercial property in the Stadium Neighborhoods TAD and Mechanicsville neighborhood. It will also receive an amount up to $10,000 from the NPU V Small Business Improvement Grant program to finance additional improvements to the property. The NPU V Small Business Improvement Grant program was created in partnership with the Annie E. Casey Foundation. Talon Plumbing Services, LLC, recently relocated from Dekalb County to the city of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta launched the Small Business Improvement Grant to utilize available tax increment to strengthen local businesses by providing matching grants toward the improvement of commercial buildings.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eDetails of the program can be found\u003ca href=\"https://www.investatlanta.com/businesses/small-businesses/small-business-improvement-grants\"\u003e here\u003c/a\u003e.\u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":313,"title":"Ron Clark Academy to Receive an $8 Million New Markets Tax Credit Allocation","promo_title":"AEMI Supports New Performing Arts Center for Youth in South Atlanta","published_date":"2020-01-07","featured_image":{"id":1080,"parent_id":5,"resource_file_name":"ron_clark_academy_photo.jpg","resource_content_type":"image/jpeg","resource_file_size":768614,"resource_updated_at":"2020-01-07T19:47:21.304-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2020-01-07T19:47:21.475-05:00","updated_at":"2020-01-08T09:19:44.672-05:00","filename_hash":"ron_clark_academy_photo_MYEapYR.jpg","width":2304,"height":1536},"filename":"aemi-supports-new-performing-arts-center-for-youth-in-south-atlanta","meta_data_id":null,"published":true,"token":"E5s-dQ","created_at":"2020-01-07T19:51:44.587-05:00","updated_at":"2020-01-08T09:19:44.639-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n \n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Emerging Markets, Inc. (AEMI), a U.S. Treasury-certified Community Development Entity created by Invest Atlanta, officially closed an $8 million New Markets Tax Credit (NMTC) transaction supporting the \u003ca href=\"http://ronclarkacademy.com/\"\u003eRon Clark Academy\u003c/a\u003e (RCA).\u0026nbsp; SunTrust, now Truist, was the investment partner on this project.\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nThe NMTC allocation will assist with the construction of the new 42,000-square-foot state-of-the-art Ryan Marshall Performing Arts Center, which will expand the existing school building both for student activities as well as for RCA\u0026rsquo;s teacher training programs. As a result, the school will be able to serve an additional 30 students annually and train an additional 2,500 teachers annually, increases which will help make the school 100 percent financially sustainable as well as subsidize tuition for students from households earning less than $30,000 annually. The $23 million expansion will also create seven new full-time positions.\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nLocated in South Atlanta in a formerly vacant warehouse, RCA is an innovative nonprofit middle school and teacher training facility founded in 2007 by Ron Clark and Kim Bearden, both award-winning educators. Stated on its website, RCA\u0026rsquo;s mission is to: \u0026ldquo;Deliver the highest quality educational experience where global citizens are born through advanced rigor, engaging teaching methods, and a passionate climate and culture.\u0026rdquo;\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nAEMI specializes in providing gap financing for projects that create jobs and revitalize Atlanta\u0026rsquo;s distressed neighborhoods. \u0026nbsp;South Atlanta qualifies as \u0026ldquo;highly distressed\u0026rdquo; based on the 2011 \u0026ndash; 2015 American Community Survey with a median family income of 31.84 percent of the area median income, a poverty rate of 40.9 percent, and an unemployment rate of 20.8 percent (2.5 times the national average).\u0026nbsp;\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\nCurrently, the school teaches 150 children in grades fourth through eighth and offers a sliding tuition scale to assist families of all socioeconomic backgrounds. As a result of the school\u0026rsquo;s huge success (100 percent graduation rate with 95 percent of its graduates attending college or enlisting in the military), the RCA developed the \u0026ldquo;Ron Clark Experience,\u0026rdquo; for outside educators to learn about the school\u0026rsquo;s unique techniques and practices. The registration fees for the training program help cover student tuitions and enable 14,500 teachers to come from around the globe and train at the school each year.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":310,"title":"First Cohort of 2019 Community Wealth Building Accelerator Graduates","promo_title":"First Cohort of 2019 Community Wealth Building Accelerator Graduates","published_date":"2019-12-15","featured_image":{"id":1073,"parent_id":5,"resource_file_name":"guild_cohort.jpg","resource_content_type":"image/jpeg","resource_file_size":941800,"resource_updated_at":"2019-12-16T09:15:06.182-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-12-16T09:15:06.271-05:00","updated_at":"2019-12-16T09:18:00.349-05:00","filename_hash":"guild_cohort_lpDO93v.jpg","width":2048,"height":2048},"filename":"first-cohort-of-2019-community-wealth-building-accelerator-graduates","meta_data_id":null,"published":true,"token":"5y_u6g","created_at":"2019-12-16T09:15:21.940-05:00","updated_at":"2019-12-16T09:18:00.308-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta and The Guild announced the graduation of the first cohort for the 2019 Community Wealth Building Accelerator, the first component of the Accelerate Southside small business development program.\u003cbr /\u003e\r\n\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta and The Guild announced the graduation of the first cohort for the 2019 Community Wealth Building Accelerator, the first component of the Accelerate Southside small business development program.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Guild\u0026rsquo;s first cohort for the Community Wealth Building Accelerator consisted of 21 minority-owned businesses primarily in the Food \u0026amp; Beverage, Health, Beauty \u0026amp; Wellness, and Apparel \u0026amp; Home Decor sectors. The businesses ranged in annual revenue from $40,000 to $5 million.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe cohort learned advanced business fundamentals to boost the profitability of their businesses, real estate basics so they can acquire commercial real estate in rapidly gentrifying parts of the City, and new economic models that will allow them to build community wealth. Each business will also have access to peer coaches and shared back-office services.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eCohort I consisted of 21 minority-owned businesses, primarily in the food and beverage, beauty and wellness, and apparel and home d\u0026eacute;cor sectors. Learn more about the members \u003ca href=\"https://www.theguild.community/cohort-1\"\u003ehere\u003c/a\u003e.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAccelerate Southside is a two-part pilot program that includes an immersive business accelerator training offered by The Guild (2019 Community Wealth Building Business Accelerator) and a commercial down payment assistance pilot program that is currently under development by Invest Atlanta. With a focus on the 30-acre Pittsburgh Yards\u0026trade; development located on the Atlanta Beltline Southside Trail, the down payment assistance pilot program will support entrepreneurs interested in purchasing a shipping container for their business and locating it at the Pittsburgh Yards Shipping Container Garden.\u003c/p\u003e\r\n\r\n\u003cp\u003eRecently, the Annie E. Casey Foundation, Wells Fargo, the Atlanta Wealth Building Initiative, and the Russell Center for Innovation and Entrepreneurship have come on as partners of the program. The Annie E. Casey Foundation, the Atlanta Wealth Building Initiative, and Wells Fargo have provided grant funding to assist with program operations, and the Russell Center for Innovation and Entrepreneurship will be the host location for all classes, events, and cohort graduation.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn 2018, Mayor Keisha Lance Bottoms announced that the City of Atlanta would join the City Accelerator program, an initiative of the Citi Foundation and Living Cities, and receive $100,000 in grant funding to support small businesses and job growth. The City of Atlanta\u0026rsquo;s initiative, Accelerate Southside, will help address major challenges faced by minority-owned businesses and further provide more access to opportunities for more Atlantans\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":305,"title":"Invest Atlanta Hosts Southside Small Business Resource Fair","promo_title":"Invest Atlanta Hosts Southside Small Business Resource Fair","published_date":"2019-11-22","featured_image":{"id":1066,"parent_id":5,"resource_file_name":"southside_event.png","resource_content_type":"image/png","resource_file_size":1400820,"resource_updated_at":"2019-11-20T13:27:51.925-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-11-20T13:27:52.063-05:00","updated_at":"2019-11-22T09:01:58.844-05:00","filename_hash":"southside_event_E6Woe9n.png","width":1200,"height":750},"filename":"invest-atlanta-unveils-new-resources-for-southside-small-businesses-at-resource-fair","meta_data_id":null,"published":true,"token":"w9QCQw","created_at":"2019-11-20T13:28:16.016-05:00","updated_at":"2019-11-22T09:01:58.805-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta hosted the Southside Small Business Fair in November 2019 to educate businesses on new programs, tools, and resources available to them.\u003cbr /\u003e\r\n\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta hosted the Southside Small Business Fair (SSBF) in November 2019 to educate businesses on new programs, tools, and resources available to them.\u003c/p\u003e\r\n\r\n\u003cp\u003eMany of our partners participated as exhibitors\u0026mdash;including the SBA, SBDC, and bank partners\u0026mdash;and attendees the opportunity to learn about catalytic commercial properties where there may be space for small businesses. During the event, Invest Atlanta announced the new \u003ca href=\"/businesses/small-businesses/small-business-improvement-grants\"\u003eSmall Business Improvement Grants\u003c/a\u003e program. Small businesses and property owners in five City of Atlanta Tax Allocation District (TADs) can apply for forgivable loans of up to $20,000 for interior and exterior improvements.\u003c/p\u003e\r\n\r\n\u003cp\u003eThis announcement is another example of the City\u0026rsquo;s commitment to equitable opportunity in small business and entrepreneurship, and we would be honored to have the Mayor make the announcement during the program.\u003c/p\u003e\r\n\r\n\u003cp\u003eIt is estimated than more than 3,000 businesses are in Atlanta\u0026rsquo;s Southside.\u0026nbsp; To cultivate business growth and prevent business displacement, businesses need access to a variety of resources, including technical assistance, access to capital, and employment services to successfully grow.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eIt\u0026rsquo;s an important economic development initiative for Southside communities and the city as a whole to ensure equitable development, and the Southside has many assets to accelerate economic growth. The areas of our city located south of I-20 are poised for more growth as catalytic projects like the Southside Atlanta BeltLine Trail, Pittsburgh Yards, and the redevelopment of Fort McPherson come online. Neighborhoods south of Downtown are in a unique position to capitalize on increased economic activity in the area. This initiative is a way we can redouble our efforts to nurture business activity to create new jobs and economic opportunities for the communities they serve.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn November 2018, Mayor Keisha Lance Bottoms introduced new resources to assist Atlanta small businesses, including naming the city\u0026rsquo;s first Southside Community and Economic Development Manager, including Small Business Improvement Grants for Mechanicsville, Pittsburgh, and Peoplestown, as well as the Campbellton Road Renovation Program.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta launched the \u003ca href=\"/businesses/small-businesses/accelerate-southside\"\u003eAccelerate Southsid\u003c/a\u003ee Commercial Pilot in June 2019 comprised of an immersive technical assistance program offered by The Guild and a Commercial Down Payment Assistance Program to cultivate hyper-local, hyper-native small businesses. Nearly 100 businesses applied, 50 businesses were interviewed, and 21 selected for the program. The program assists in activating Pittsburgh Yards, redevelopment site sponsored by the Annie E. Casey Foundation, by supporting businesses interested in locating in a shipping container on the site\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":307,"title":"TAD Funds to Support Goodwill of North Georgia's New Career Center in Atlanta ","promo_title":"TAD Funds to Support Goodwill of North Georgia's New Career Center in Atlanta ","published_date":"2019-11-21","featured_image":{"id":1068,"parent_id":5,"resource_file_name":"goodwill_insights.png","resource_content_type":"image/png","resource_file_size":1078421,"resource_updated_at":"2019-11-22T08:59:19.641-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":3,"created_at":"2019-11-22T08:59:19.791-05:00","updated_at":"2020-10-19T08:25:20.787-04:00","filename_hash":"goodwill_insights_zmKa8yX.png","width":1200,"height":725},"filename":"tad-funds-to-support-goodwill-of-north-georgias-new-career-center-in-atlanta","meta_data_id":null,"published":true,"token":"9qatzw","created_at":"2019-11-22T09:00:48.259-05:00","updated_at":"2019-11-22T09:00:48.259-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors recently approved up to $150,000 from the Metropolitan Parkway TAD to support the construction of the Goodwill Job Training Center and Retail Store.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors recently approved up to $150,000 from the Metropolitan Parkway TAD to support the construction of the Goodwill Job Training Center and Retail Store.\u003c/p\u003e\r\n\r\n\u003cp\u003eGoodwill of North Georgia will transform an empty parcel into a state-of-the-art Center for Workforce Innovation, consisting of a job training center and community space, alongside a\u0026nbsp; retail space. This will serve as Goodwill\u0026rsquo;s first career center within the City of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Center for Workforce Innovation will work with local partner agencies to impact the economic mobility of southside Atlanta residents, meeting the increased demand for job training and placement services in high-growth sectors of the changing economy.\u003c/p\u003e\r\n\r\n\u003cp\u003eGoodwill\u0026rsquo;s job programs provide people who are having trouble finding work, those wanting to change careers in need of skill development, and people with disabilities with access to job training and career resources. The donated goods retail operation creates jobs for individuals with barriers to employment and subsidized employment options for job training program participants, resulting in connecting 8,000 individuals with employment each year.\u003c/p\u003e\r\n\r\n\u003cp\u003eThis location will also create 50 full time and five part time positions, both professional and entry-level.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":298,"title":"Southwest Atlanta Open House Tour Brings Together Hundreds to Learn About Homeownership","promo_title":"Southwest Atlanta Open House Tour Brings Out Hundreds to Learn About Homeownership","published_date":"2019-10-14","featured_image":{"id":1009,"parent_id":5,"resource_file_name":"homeownership_event.png","resource_content_type":"image/png","resource_file_size":1679916,"resource_updated_at":"2019-10-14T14:16:48.795-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-10-14T14:16:48.932-04:00","updated_at":"2019-10-14T14:19:10.792-04:00","filename_hash":"homeownership_event_DNwxlMB.png","width":1200,"height":838},"filename":"southwest-atlanta-open-house-tour-brings-together-hundreds-to-learn-about-homeownership","meta_data_id":null,"published":true,"token":"ckRPBg","created_at":"2019-10-14T14:19:10.756-04:00","updated_at":"2019-10-14T14:19:10.756-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n For the fifth\u0026nbsp;year, Invest Atlanta hosted a free open house tour of homes in the City of Atlanta.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eFor the fifth\u0026nbsp;year, Invest Atlanta hosted a free open house tour of homes in the City of Atlanta. Held on Saturday, October 12, the Southwest Atlanta Open House Tour\u0026nbsp;brought together\u0026nbsp;hundreds of prospective homebuyers to enjoy a self-guided tour of available homes for sale in the Oakland City, Venetian Hills and Bush Mountain neighborhoods starting from Brown Middle School.\u003c/p\u003e\r\n\r\n\u003cp\u003eAttendees received helpful information about how to purchase a home in Southwest Atlanta with Invest Atlanta down payment incentives. They were also able to view homes at their own pace, meet community leaders, and get to know the beautiful neighborhoods located in Southwest Atlanta near the Atlanta BeltLine\u0026rsquo;s Westside Trail.\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition, Invest Atlanta and its partners made real estate professionals available for questions about how to buy a new home or stay in their current home. These experts included mortgage lenders, real estate agents, homebuyer education providers, and Invest Atlanta Homeownership Center experts, who provided homebuyer education and financial wellness resources to assist homebuyers to achieve and maintain affordable\u0026nbsp;in-town living.\u003c/p\u003e\r\n\r\n\u003cp\u003eTo learn more about Invest Atlanta\u0026rsquo;s homeownership incentives and RSVP for a future Q\u0026amp;A session, please visit our \u003ca href=\"https://www.investatlanta.com/homebuyers/homebuyer-programs-downpayment-assistance\"\u003ehomeownership page\u003c/a\u003e.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Homebuying/ Homeownership\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":292,"title":"Atlanta Youth Academy Expansion Will Serve Southside Students","promo_title":"Atlanta Youth Academy Expansion Will Serve Southside Students","published_date":"2019-09-10","featured_image":{"id":994,"parent_id":5,"resource_file_name":"aya_insights.png","resource_content_type":"image/png","resource_file_size":1266282,"resource_updated_at":"2019-09-16T09:50:43.648-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-09-16T09:50:43.927-04:00","updated_at":"2019-09-16T09:52:13.802-04:00","filename_hash":"aya_insights_7JvvE3L.png","width":1200,"height":635},"filename":"atlanta-youth-academy-expansion-will-serve-southside-students","meta_data_id":null,"published":true,"token":"9EaFgQ","created_at":"2019-09-16T09:51:46.802-04:00","updated_at":"2019-09-16T09:52:13.757-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta Emerging Markets, Inc. closed on a $9MM NMTC transaction to support the Atlanta Youth Academy campus redevelopment and expansion project in Thomasville Heights.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Emerging Markets, Inc. closed on a $9MM NMTC transaction to support the Atlanta Youth Academy campus redevelopment and expansion project in Thomasville Heights.\u003c/p\u003e\r\n\r\n\u003cp\u003eWhen the Atlanta Youth Academy was founded in 1997 it had only one teacher and nine students.\u0026nbsp; Today, the school serves 150 students (Pre-K through 8th grade) and most students are from low-income, single-parent households with median annual incomes of under $24,000.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eOnly 64% of students from this income bracket graduate high school nationally, however 100% of AYA students graduate 8th grade and enroll in high school, 100% of AYA alumni graduate high school, and 93% matriculate to a 4-year college and 6% matriculate to a 2-year college.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe NMTC funding will allow Atlanta Youth Academy to increase their capacity to 225 students and replace their outdated facilities with a new campus that includes dedicated spaces for STEM and arts education.\u0026nbsp; In addition, they are redeveloping a blighted six-acre brownfield site that previously housed crime and drug-ridden industrial buildings.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eEducation is a key component to breaking the cycle of poverty and building wealth, and project will allow 75 additional students to receive a quality education and help stabilize blighted property in Atlanta\u0026rsquo;s southside.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAEMI partnered with SunTrust on the transaction.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":287,"title":"New Andrew Young At-Promise Center to Provide Opportunities for Atlanta Youth ","promo_title":"New Andrew Young At-Promise Center to Provide Opportunities for Atlanta Youth ","published_date":"2019-08-15","featured_image":{"id":981,"parent_id":5,"resource_file_name":"promise_center_insight.png","resource_content_type":"image/png","resource_file_size":1305700,"resource_updated_at":"2019-08-15T13:46:00.065-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2019-08-15T13:46:00.139-04:00","updated_at":"2019-08-15T16:21:43.788-04:00","filename_hash":"promise_center_insight_npmeqQq.png","width":1200,"height":641},"filename":"new-andrew-young-at-promise-center-to-provide-opportunities-for-atlanta-youth","meta_data_id":null,"published":true,"token":"nni10Q","created_at":"2019-08-15T13:46:55.699-04:00","updated_at":"2019-08-15T16:21:43.768-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors approved a $1 million grant from the Campbellton Road Tax Allocation District (TAD) to support the construction of the Andrew Young At-Promise Center.\u0026nbsp;\u003cbr /\u003e\r\n\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors approved a $1 million grant from the Campbellton Road Tax Allocation District (TAD) to support the construction of the Andrew Young At-Promise Center.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe At-Promise Youth and Community Center will be a 15,000 square foot state-of-the-art learning and community facility located on the campus of the existing Walter and Andrew Young YMCA. It will house specialized services for youth and be a gathering place for residents, group activities and other purposes.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe facility will allow community stakeholders such as the Boys and Girl Clubs, Chris 180, Police Athletic, Street Smart Youth Project, and the Urban League to counsel at-risk youth and prevent further community crime. Funding for the facility will also come from the Coca-Cola and SunTrust Foundations.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Center is envisioned as a place that provides youth with positive opportunities to view police and public institutions as partners and to have full access to an excellent education, premier health and social services and a community untroubled by violence. Teens in at-risk communities have a higher likelihood of being involved in criminal activity; in fact, last year, more than 50% of the crime in Atlanta was committed by juveniles.\u003c/p\u003e\r\n\r\n\u003cp\u003eWithin the At-Promise Center, the Atlanta Police Foundation (APF)\u0026nbsp;has created a collaborative community hub where youth receive personalized and comprehensive intervention plans within one facility. APF engages leading youth service providers and experts to operate within the Center to provide wrap-around services. This form of intervention and diversion provides officers with an alternative youth arrest.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe At-Promise Initiative also creates an avenue of prevention for teens considered at-risk for committing crimes. It is designed to set youth on a safer path to a brighter future. The first At-Promise Center opened its doors in the English Avenue neighborhood in August of 2017. The Center has served about 400 youth from the community, far exceeding expectations. The second At-Promise Center will be located on Metropolitan Parkway.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":283,"title":"Atlanta Part of Rockefeller Foundation’s Opportunity Zone Community Capacity Building Initiative","promo_title":"Atlanta Part of Rockefeller Foundation’s Opportunity Zone Community Capacity Building Initiative","published_date":"2019-08-01","featured_image":{"id":939,"parent_id":5,"resource_file_name":"foz_event_2.png","resource_content_type":"image/png","resource_file_size":1222085,"resource_updated_at":"2019-08-01T14:00:11.851-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-08-01T14:00:11.921-04:00","updated_at":"2019-08-02T14:22:48.190-04:00","filename_hash":"foz_event_2_kbmvg6y.png","width":1200,"height":593},"filename":"atlanta-named-newest-city-in-rockefeller-foundations-opportunity-zone-community-capacity-building-initiative","meta_data_id":null,"published":true,"token":"0TYDsQ","created_at":"2019-08-01T14:01:24.795-04:00","updated_at":"2019-08-02T14:22:48.152-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Keisha Lance Bottoms announced Atlanta will become the second city to participate in The Rockefeller Foundation\u0026rsquo;s Opportunity Zone Community Capacity Building Initiative. The initiative, which launched in May 2019, aims to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Keisha Lance Bottoms announced Atlanta will become the second city to participate in The Rockefeller Foundation\u0026rsquo;s Opportunity Zone Community Capacity Building Initiative. The initiative, which launched in May 2019, aims to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Opportunity Zones are an exciting new tool for building economic development in underserved communities,\u0026rdquo; said Mayor Bottoms. \u0026ldquo;These grants will help guide us as we implement the program to maximize the benefits of job creation and neighborhood improvement in the most vulnerable areas of our city. Thank you to the Rockefeller Foundation for this commitment that will advance equity citywide, as we continue to build One Atlanta, and provide a level playing field for all.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eAtlanta, which has more than 82,000 residents living in 26 designated Opportunity Zones, will receive $920,000 in grants and supportive services, including a $400,000 grant to establish and fund a Chief Opportunity Zone Officer embedded in Invest Atlanta, the City of Atlanta\u0026rsquo;s economic development authority. Funding will also support the placement of two AmeriCorps VISTA (Volunteers In Service To America) members who will facilitate community involvement in proposed Opportunity Zone projects and businesses; and technical assistance to help develop project pipelines that balance the interests of investors with those of existing community members.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Opportunity Zones are the first federal incentive for community development in 15 years and a unique opportunity to leverage private capital to help achieve Atlanta\u0026rsquo;s economic and community development goals,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;Invest Atlanta has been a first mover in the city with Opportunity Zones and partnerships with the Rockefeller Foundation and Cities of Service will help us further the goal of bringing meaningful investment and greater equity to our communities.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;As the wealth gap in the United States continues to widen, we recognize how a zip code impacts the economic opportunities for a community and its residents,\u0026rdquo; said Dr. Rajiv J. Shah, President of the Rockefeller Foundation. \u0026ldquo;Atlanta has shown strong commitment to ensuring investment in its Opportunity Zones are designed with the most vulnerable in mind, and we are pleased to provide additional support to ultimately lift up these communities by enabling new pathways to economic mobility.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Rockefeller Foundation also announced it will award a $600,000 grant to Cities of Service, an independent nonprofit organization that helps mayors build stronger, more vibrant cities by changing the way local government and citizens work together. Cities of Service will provide Atlanta and five other cities participating in the Foundation\u0026rsquo;s Opportunity Zones initiative with technical assistance and two AmeriCorps VISTA members who will lead and manage community engagement efforts in each city. Through this effort, Cites of Service will help selected cities achieve positive economic and social outcomes for their communities through community-informed Opportunity Zone efforts.\u003c/p\u003e\r\n\r\n\u003cp\u003eFor more information about Opportunity Zones in the City of Atlanta, including development projects seeking investment, visit \u003ca href=\"http://www.atlopportunityzones.com\"\u003ewww.atlopportunityzones.com\u003c/a\u003e.\u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":277,"title":"Accelerate Southside Program Launched to Support Business Growth","promo_title":"Accelerate Southside Program Launched","published_date":"2019-07-08","featured_image":{"id":924,"parent_id":5,"resource_file_name":"accelerate_southside.png","resource_content_type":"image/png","resource_file_size":971969,"resource_updated_at":"2019-07-08T14:50:27.303-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":3,"created_at":"2019-07-08T14:50:27.575-04:00","updated_at":"2020-04-03T08:59:16.640-04:00","filename_hash":"accelerate_southside_p5qD75V.png","width":1200,"height":570},"filename":"accelerate-southside-program-launched-to-support-business-growth","meta_data_id":null,"published":true,"token":"ADQxHA","created_at":"2019-07-08T14:52:01.591-04:00","updated_at":"2019-07-23T07:54:31.027-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta and The Guild have announced a strategic partnership to launch Accelerate Southside, a new program for minority-owned businesses in the City of Atlanta. Accelerate Southside is designed to assist minority-owned businesses located on the Southside with business acceleration, growth, and owning space as a wealth-building tool.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta and The Guild have announced a strategic partnership to launch \u003ca href=\"/businesses/small-businesses/accelerate-southside\"\u003eAccelerate Southside\u003c/a\u003e, a new program for minority-owned businesses in the City of Atlanta. Accelerate Southside is designed to assist minority-owned businesses located on the Southside with business acceleration, growth, and owning space as a wealth-building tool.\u0026nbsp;\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nIn 2018, Mayor Keisha Lance Bottoms announced that the City of Atlanta would join the City Accelerator program, an initiative of the Citi Foundation and Living Cities, and receive $100,000 in grant funding to support small businesses and job growth. The City of Atlanta\u0026rsquo;s initiative, Accelerate Southside, will help address four major challenges experienced by minority-owned businesses: limited access to capital based on traditional underwriting criteria, debt service payment capabilities, difficulty purchasing commercial space, and preparing for business growth.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u0026ldquo;With an estimated 3,300 businesses that generate $3 billion in revenue and employ more than 43,000 people, Atlanta\u0026rsquo;s Southside neighborhoods are poised for new investment and business growth,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO at Invest Atlanta. \u0026ldquo;Invest Atlanta focuses on creating and implementing programming that supports entrepreneurs and existing businesses in our communities to create a stronger citywide economy. Accelerate Southside in partnership with The Guild is one of many ways we are working to achieve this goal and facilitate entrepreneurship in more Atlanta communities.\u0026rdquo;\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nAccelerate Southside is a two-part pilot program that includes an immersive business accelerator training offered by The Guild (2019 Community Wealth Building Business Accelerator) and a commercial down payment assistance program offered by Invest Atlanta. With a focus on the 30-acre Pittsburgh Yards\u0026trade; redevelopment site located on the Atlanta Beltline Southside Trail, the program will support entrepreneurs interested in purchasing a shipping container to locate at the Pittsburgh Yards Shipping Container Courtyard.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u0026ldquo;After meeting with dozens of business owners on the Southside, it became apparent that there is a pressing need to create new programs and products to address the risk of business displacement and lack of accessible capital to start and grow businesses,\u0026rdquo; said Erika Smith, Southside Community \u0026amp; Economic Development Manager at Invest Atlanta. \u0026ldquo;Accelerate Southside will provide technical assistance to help address those needs and challenges so that these businesses have the opportunity to grow, purchase commercial property, and establish themselves in a high-demand area. Our goal is to preserve and grow businesses who have chosen to locate in the Southside.\u0026rdquo;\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe Guild, a co-living organization that targets social entrepreneurs and changemakers, is focused on community wealth-building strategies that aim to improve the ability of communities to increase asset ownership, anchor jobs locally, and build economic resilience.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u0026ldquo;Partnering with Invest Atlanta for Accelerate Southside allows us to address issues that are key priorities for both of our organizations and critical to the success of minority-owned small businesses in Atlanta,\u0026rdquo; said Nikishka Iyengar, Founder \u0026amp; CEO at The Guild. \u0026ldquo;The goal is to help these businesses boost viability and sustainability, open new locations, and to build wealth in their communities.\u0026rdquo;\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nVisit\u0026nbsp;\u003ca href=\"/businesses/small-businesses/accelerate-southside\"\u003einvestatlanta.com/accelerate-southside\u003c/a\u003e\u0026nbsp;for more information.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":275,"title":"Mayor Keisha Lance Bottoms Releases Housing Affordability Action Plan","promo_title":"Mayor Keisha Lance Bottoms Releases Housing Affordability Action Plan","published_date":"2019-06-25","featured_image":{"id":919,"parent_id":5,"resource_file_name":"housing_plan_insights.png","resource_content_type":"image/png","resource_file_size":1567893,"resource_updated_at":"2019-06-25T09:54:12.839-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-06-25T09:54:12.970-04:00","updated_at":"2019-06-25T09:58:49.458-04:00","filename_hash":"housing_plan_insights_DNX5Wno.png","width":1200,"height":523},"filename":"mayor-keisha-lance-bottoms-releases-housing-affordability-action-plan","meta_data_id":null,"published":true,"token":"F2KVsA","created_at":"2019-06-25T09:58:49.422-04:00","updated_at":"2019-06-25T09:58:49.422-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Keisha Lance Bottoms released the City of Atlanta Housing Affordability Action Plan \u0026ndash; a roadmap to increase the supply of housing in the City of Atlanta for a full spectrum of residents.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Keisha Lance Bottoms released the City of Atlanta Housing Affordability Action Plan, a roadmap to increase the supply of housing in the City of Atlanta for a full spectrum of residents.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Affordability is the foundation of any livable and thriving community,\u0026rdquo; said Mayor Bottoms. \u0026ldquo;Creating and preserving affordable housing is critical to the future of all those who call Atlanta home. For too many residents, their zip code determines their opportunities. This action plan is a vision for a more equitable city where each Atlantan has access to quality, and safe affordable housing. As our city continues to grow, we want to ensure neighborhoods in the north, south, east, and Westside remain welcoming and inclusive places for all.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 45-action oriented plan aims to substantially increase the number of Atlanta residents who can afford their housing costs. The Plan represents a collaborative and shared effort from multiple City agencies--including Invest Atlanta--and a diverse group of non-profits, philanthropic organizations, faith-based organizations, educational institutions, private companies, residents, and community members who came together under the banner of House ATL to develop recommendations that are critical to the future of housing in Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe plan entails 13 initiatives based on four key goals:\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eCreate or preserve 20,000 a\u0026shy;ffordable homes by 2026 and increase overall supply\u003c/em\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e1. Leverage vacant public land for housing\u003c/p\u003e\r\n\r\n\u003cp\u003e2. Create and expand housing affordability tools\u003c/p\u003e\r\n\r\n\u003cp\u003e3. Revise the zoning code\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eInvest $1 billion from public, private, and philanthropic sources in the production and preservation of aff\u0026shy;ordable housing\u003c/em\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e4. Maximize existing funding sources\u003c/p\u003e\r\n\r\n\u003cp\u003e5. Develop new funding sources\u003c/p\u003e\r\n\r\n\u003cp\u003e6. Increase philanthropic and private investment in affordable housing\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eEnsure equitable growth for all Atlantans and minimize displacement\u003c/em\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e7. Prevent involuntary displacement\u003c/p\u003e\r\n\r\n\u003cp\u003e8. Explore the expansion of property tax programs for the creation and preservation of affordable housing\u003c/p\u003e\r\n\r\n\u003cp\u003e9. Expand awareness of and increase participation in housing affordability programs\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eSupport innovation and streamline processes\u003c/em\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003e10. Establish a Housing Innovation Lab\u003c/p\u003e\r\n\r\n\u003cp\u003e11. Continually improve building and zoning codes\u003c/p\u003e\r\n\r\n\u003cp\u003e12. Improve our system for developing and delivering affordable housing\u003c/p\u003e\r\n\r\n\u003cp\u003e13. Enhance community engagement\u003c/p\u003e\r\n\r\n\u003cp\u003eDuring the release of the Action Plan, the City of Atlanta and affordable housing developers Atlanta Neighborhood Development Partnership (ANDP) and Laurel Street Residential broke ground on Creekside at Adamsville Place, a new rental community designed to address the affordable housing needs in the City of Atlanta. The $27.6M, 147-unit development will offer rental rates affordable to families with incomes at 30%, 60%, and 80% of area median income.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;How to tackle affordability and meaningfully address inequality are at the forefront for every major American city,\u0026rdquo; said Sarah Kirsch, Executive Director of the Urban Land Institute. \u0026ldquo;Although the problem is significant and accelerating in Atlanta, the data suggests we have a window in time to make a difference. That is why the City\u0026rsquo;s Housing Affordability Action Plan is so important. It comes at a critical time, creating a playbook for us to work together to achieve our goals of creating and preserving 20,000+ affordable homes by 2026. The approach of unlocking existing resources, particularly publicly owned land, while lining up new policies and funding is ambitious but achievable. The partners in HouseATL look forward to working alongside the City to make this reality, working toward a thriving city for all.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eFinancing for the project includes tax-exempt bond financing\u0026nbsp;from Invest Atlanta, and\u0026nbsp;4% Low-Income Housing Tax Credits from Georgia Department of Community Affairs. Red Capital is providing first mortgage financing for the project. RBC Bank is the Federal and State equity investor.\u003c/p\u003e\r\n\r\n\u003cp\u003eVisit the City of Atlanta \u003ca href=\"https://www.atlantaga.gov/government/mayor-s-office/projects-and-initiatives/housing-affordability-action-plan\"\u003eAffordable Housing Website\u003c/a\u003e to read the full plan and learn more about programming, policies, and initiatives.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":274,"title":"Invest Atlanta Board Supports Financing for 150 New Affordable Housing Units","promo_title":"Invest Atlanta Board Supports Financing for 150 New Affordable Housing Units","published_date":"2019-06-20","featured_image":{"id":917,"parent_id":5,"resource_file_name":"dlh_insight.png","resource_content_type":"image/png","resource_file_size":584607,"resource_updated_at":"2019-06-20T09:41:37.236-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-06-20T09:41:37.315-04:00","updated_at":"2019-07-11T14:58:35.941-04:00","filename_hash":"dlh_insight_QgXllLE.png","width":1320,"height":597},"filename":"invest-atlanta-board-supports-financing-for-150-new-affordable-housing-units","meta_data_id":null,"published":true,"token":"yx6mlQ","created_at":"2019-06-20T09:42:23.936-04:00","updated_at":"2019-07-11T14:58:35.905-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n At its monthly meeting, Mayor Keisha Lance Bottoms and the Invest Atlanta Board of Directors supported the creation of 150 affordable rental units in the Grove Park and Center Hill neighborhoods.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAt its monthly meeting, Mayor Keisha Lance Bottoms and the Invest Atlanta Board of Directors supported the creation of 150 affordable rental units in the Grove Park and Center Hill neighborhoods.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta Board approved $15 million in tax-exempt bond financing and $1 million in Hollowell/MLK TAD Grant funding for construction of new a multifamily development along Donald Lee Hollowell Parkway. The development will contain 150 affordable units, with 130 units set aside for households earning 60 percent AMI or below.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition, the developer intends to reserve 10 percent of the units for young adults who are aging out of the foster care system.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe developer, Vecino Group, has a history of creating affordable housing developments across the United States, and the development will be one of its first projects in Georgia. In addition to affordable housing, the development will include space for urban farming, an amphitheater, artists gallery, a recording studio, and 10,000 square feet of retail space. Vecino Group is currently working with the Center Hill Neighborhood Association to gain insight and feedback on ideas for community-focused retail.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I\u0026rsquo;m also very pleased with the project,\u0026rdquo; said IA Board Member Bill Bozarth. \u0026ldquo;It\u0026rsquo;s design, when you look at the whole package, has a number of items that are very innovative.\u0026rdquo;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eMayor Keisha Lance Bottoms pledged to leverage $1 billion towards housing affordability to produce and preserve 20,000 units of affordable housing within the City of Atlanta by 2026. Through its various affordable housing strategies, Invest Atlanta continues to advocate for affordable housing in Atlanta as the city grows and serves as a primary objective of the agency.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Site Selection\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":254,"title":"Campbellton Road Businesses Receive Support","promo_title":"Campbellton Road Businesses Receive Support","published_date":"2019-03-18","featured_image":{"id":836,"parent_id":5,"resource_file_name":"campbellton_rd_volunteer.png","resource_content_type":"image/png","resource_file_size":1722525,"resource_updated_at":"2019-03-18T11:43:05.447-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-03-18T11:43:05.855-04:00","updated_at":"2019-03-18T13:26:22.065-04:00","filename_hash":"campbellton_rd_volunteer_MYML35o.png","width":1200,"height":693},"filename":"campbellton-road-small-business-support","meta_data_id":null,"published":true,"token":"U1l27Q","created_at":"2019-03-18T11:43:59.212-04:00","updated_at":"2019-03-18T13:25:36.640-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The\u0026nbsp;Campbellton Road Small Businesses Renovation Program, a partnership between Wells Fargo, Rebuilding Together Atlanta, the City of Atlanta, and Invest Atlanta has helped to renovate three businesses on Campbellton Road.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe\u0026nbsp;Campbellton Road Small Businesses Renovation Program, a partnership between Wells Fargo, Rebuilding Together Atlanta, the City of Atlanta, and Invest Atlanta has helped to renovate three businesses on Campbellton Road. Applicants had to own or operate a business located on Campbellton Road, earn $200,000 or less in gross annual revenue, and have been in continuous operation since November 1, 2017 to be eligible.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe three recipients of renovation funding were Senegambia Restaurant, Hot Chixx Wings ATL, and Getting Ahead Barbershop.\u003c/p\u003e\r\n\r\n\u003cp\u003eOn Wednesday, March 13, volunteers from the partner organizations volunteered their time to do the painting work that was part of the renovations at \u003ca href=\"https://www.senegambiarestaurant.com/\"\u003eSenegambia Restaurant\u003c/a\u003e, which serves a variety of West African, Caribbean and American cuisine. Besides new interior painting, the restaurant received new commercial grade cooking equipment, bathroom upgrades, and walk-in cooler repair.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003ca href=\"https://www.facebook.com/pages/category/Hair-Salon/Getting-A-Head-BarberShop-1535606126661773/\"\u003eGetting Ahead Barbershop\u003c/a\u003e has been able to purchase new barber chairs, dryer/chair combos, fans, and ceiling tiles.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;It\u0026rsquo;s not just my business, it belongs to the people and the Atlanta community,\u0026rdquo; said owner Paul Lockhart. \u0026ldquo;They deserve something nice. Our mission statement is serving and preserving the community.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe walk-in cooler and freezer outdoor units were replaced at \u003ca href=\"http://www.hottchixxwings.com/\"\u003eHot Chixx Wings ATL\u003c/a\u003e, allowing them to expand their menu. They also had their indoor cooling units serviced, chairs repairs, and new paint applied to the interior walls.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I love Campbellton Road for giving my family this chance to realize our passion \u0026ndash; food,\u0026rdquo; said Fostoria Dumas. \u0026ldquo;The menu has mostly fast food options, but we are planning to add a few healthier choices, once our cooler/freezer are repaired.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":253,"title":"Invest Atlanta Launches NPU-V Small Business Improvement Grant Program","promo_title":"Invest Atlanta Launches NPU-V Small Business Improvement Grant Program","published_date":"2019-03-11","featured_image":{"id":835,"parent_id":5,"resource_file_name":"npuv_sbig.png","resource_content_type":"image/png","resource_file_size":1099365,"resource_updated_at":"2019-03-15T12:52:13.712-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2019-03-15T12:52:13.787-04:00","updated_at":"2019-03-27T09:19:06.902-04:00","filename_hash":"npuv_sbig_OPBxzRQ.png","width":1200,"height":470},"filename":"invest-atlanta-launches-npu-v-small-business-improvement-grant-program","meta_data_id":null,"published":true,"token":"yYsvgg","created_at":"2019-03-15T12:53:52.543-04:00","updated_at":"2019-03-27T09:19:06.853-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The NPU-V Small Business Improvement Grant (NPU-V SBIG) program will help strengthen local businesses in certain neighborhoods located in Southwest Atlanta by providing grants toward improvements intended to make small businesses more attractive to customers.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe NPU-V Small Business Improvement Grant (NPU-V SBIG) program will help strengthen local businesses in certain neighborhoods located in Southwest Atlanta by providing grants toward improvements intended to make small businesses more attractive to customers.\u003c/p\u003e\r\n\r\n\u003cp\u003eQualified business or property owners in the Mechanicsville, Pittsburgh, and Summerhill neighborhoods can receive between $3,000 and $10,00 for eligible exterior and interior renovations. Applications are available \u003ca href=\"/businesses/small-businesses/npu-v-small-business-improvement-program\"\u003ehere\u003c/a\u003e and due May 3, 2019.\u003c/p\u003e\r\n\r\n\u003cp\u003eNPU-V SBIG aims to enhance the appearance of commercial areas in the neighborhoods of Mechanicsville, Pittsburgh, and Peoplestown to help new and established businesses attract customers and increase revenues, attract more businesses to the area, and build safer, more attractive and stable neighborhoods. The funding has been made available by the Annie E. Casey Foundation.\u003c/p\u003e\r\n\r\n\u003cp\u003eEligible applicants must be occupied by an operating business licensed by the City of Atlanta that have a minimum 3-year lease. A minimum of 50% of NPU-V SBIG funds must be used for exterior improvements to the property. Additional application requirements and eligible uses of funds can be found are located within the \u003ca href=\"https://www.investatlanta.com/assets/npu_v_sbig_application_jp9LWxV.pdf\"\u003eNPU-V SBIG guidelines and application\u003c/a\u003e.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe program is part of Invest Atlanta\u0026rsquo;s larger efforts in the City of Atlanta\u0026rsquo;s southside neighborhoods. The Campbellton Road Small Business Improvement Grant program assisted three small businesses along the southwest Atlanta commercial corridor. In addition, Invest Atlanta recently announced the hiring of Erika Smith as the Southside Community and Economic Development Manager. These announcements come after years of investing in these neighborhoods through our small business loan programs, multifamily housing financing, and homeownership incentives.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":241,"title":"Invest Atlanta Board Supports New Affordable Housing for Southwest Atlanta and Westside Neighborhoods","promo_title":"Invest Atlanta Board Supports New Affordable Housing for Southwest Atlanta and Westside Neighborhoods","published_date":"2019-01-17","featured_image":{"id":783,"parent_id":5,"resource_file_name":"hartland_station_insight.png","resource_content_type":"image/png","resource_file_size":1318023,"resource_updated_at":"2019-01-17T09:55:07.134-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":3,"created_at":"2019-01-17T09:55:07.200-05:00","updated_at":"2019-01-22T08:54:39.841-05:00","filename_hash":"hartland_station_insight_jpkKXjV.png","width":1200,"height":609},"filename":"invest-atlanta-board-supports-new-affordable-housing-for-southwest-atlanta-and-westside-neighborhoods","meta_data_id":null,"published":true,"token":"7Th_JA","created_at":"2019-01-17T14:08:54.171-05:00","updated_at":"2019-01-22T08:54:39.807-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Bottoms and the Invest Atlanta Board of Directors approved financing for several affordable housing developments at the board\u0026rsquo;s first meetings of 2019.\n\u003c/div\u003e\n","project_year":"2019","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Bottoms and the Invest Atlanta Board of Directors approved financing for several affordable housing developments at the board\u0026rsquo;s first meetings of 2019. The projects will bring new affordable rental units along one of the City of Atlanta\u0026rsquo;s most important emerging commercial corridors, as well as affordable for-sale properties in the Westside neighborhoods of Vine City and English Avenue.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We continue to focus on new and different solutions to meet Atlanta\u0026rsquo;s affordable housing needs,\u0026rdquo; said Mayor Keisha Lance Bottoms. \u0026ldquo;Achieving our vision for One Atlanta will require providing support for an array of housing options for our legacy residents. Our actions represent a good first step for us as we look to make significant progress toward that goal in 2019.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;As Atlanta continues to grow, we need to be even more strategic and resourceful in finding ways to achieve affordability throughout the city,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;These three projects represent the type of thinking needed to make affordable living in the city an option for many more residents. Long-term ground leases, land trust models, and layered financing strategies give us a bigger toolbox to work with and opportunities to address more of the affordability spectrum.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eCityPlace Affordable Housing\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Board approved a loan increase of up to $1,000,000 from the Vine City Housing Trust Fund to Place Properties to construct affordable modular single-family homes for sale in the English Avenue and Vine City neighborhoods.\u003c/p\u003e\r\n\r\n\u003cp\u003ePreviously, Place Properties completed an initial home located at 621 James P. Brawley and will use this funding to complete 5 additional residences. At the board\u0026rsquo;s direction, Place Properties and Invest Atlanta staff collaborated to make the homes affordable with lower-cost designs and did so through modular design and varied housing styles and structures, including duplexes, triplexes, and grannie flats.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe next five units for sale will have target price points between $135,000-$160,000, a significant reduction from the original target price point. With down payment assistance programs, the homes could potentially be available to households earning between 60 to 80 percent of the area median income (AMI). These homes will also be Invest Atlanta\u0026rsquo;s first completed properties placed within the Atlanta Land Trust, which will provide permanent homeownership affordability.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eUrban Oasis\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta Board approved a loan of up to $250,000 from the Vine City Housing Trust Fund to finance construction on four single-family, for-sale homes in the English Avenue neighborhood. Sims Real Estate Group will rehab and restore three currently blighted homes and construct one new home. Once work is complete, the three rehabbed homes will be available to families earning 80 percent AMI or below, and the new home will be for sale to families earning 100-120 percent AMI. Down payment assistance will be available through Invest Atlanta for purchasers to ensure greater levels of affordability.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe project fits within the City of Atlanta\u0026rsquo;s overall strategy to make as many homes affordable for legacy residents. It does so by using a novel approach within the City of Atlanta of having a 99-year ground lease at $1 per year to eliminate land costs from the purchase price. The goal is to give these properties over to the Atlanta Land Trust to ensure affordability in perpetuity.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eHartland Station\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Invest Atlanta Board approved up to $1.3 million in pay-as-you-go grant funding from the Metropolitan Parkway TAD for the 130-unit Hartland Station multi-family development.\u0026nbsp; Invest Atlanta previously supported Hartland Station with $14 million in tax-exempt bond and gap financing.\u0026nbsp; The development will be a modern garden style, 3-story community aimed at revitalizing a portion of an underserved commercial corridor along Metropolitan Parkway in the Sylvan Hills neighborhood.\u003c/p\u003e\r\n\r\n\u003cp\u003eHartland Station will include 40 units set aside for those earning 50 percent AMI and below and 70 units set aside for those earning 60 percent AMI or below. This residential community will be equipped with several amenities including a business center, a picnic area, tot lots and an exercise room. To ensure this level of affordability, Invest Atlanta is providing additional layers of financing, including tax-exempt bonds and a Housing Opportunity Bond loan. This level of affordability will be in place for 30 years.\u003c/p\u003e\r\n\r\n\u003cp\u003eThrough its various affordable housing strategies, Invest Atlanta continues to play a key role in helping the Mayor Bottoms and City of Atlanta bring more affordability to the city. In 2018, Invest Atlanta supported the creation of 926 units of affordable housing intended for residents earning 30 to 80 percent AMI.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":232,"title":"Mayor Keisha Lance Bottoms and Invest Atlanta Announce New Resources to Assist Atlanta Small Businesses and Entrepreneurs","promo_title":"Mayor Keisha Lance Bottoms and Invest Atlanta Announce New Resources to Assist Atlanta Small Businesses and Entrepreneurs","published_date":"2018-11-29","featured_image":{"id":770,"parent_id":5,"resource_file_name":"southside_insight.png","resource_content_type":"image/png","resource_file_size":1540253,"resource_updated_at":"2018-11-29T14:30:18.021-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-11-29T14:30:18.104-05:00","updated_at":"2019-01-30T09:54:20.409-05:00","filename_hash":"southside_insight_ZO3g2ve.png","width":1252,"height":700},"filename":"mayor-keisha-lance-bottoms-and-invest-atlanta-announce-new-resources-to-assist-atlanta-small-businesses-and-entrepreneurs","meta_data_id":null,"published":true,"token":"Vt_dkA","created_at":"2018-11-29T14:31:39.188-05:00","updated_at":"2018-11-30T07:37:37.077-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Keisha Lance Bottoms and Invest Atlanta today announced the introduction of new resources to support Atlanta small businesses, including three programs focused on increasing business activity in Southside communities.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Keisha Lance Bottoms and Invest Atlanta\u0026nbsp;announced the introduction of new resources to support Atlanta small businesses, including three programs focused on increasing business activity in Southside communities. The new resources offered through Invest Atlanta and partner organizations will provide support to entrepreneurs and increase small business activity throughout the City of Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Small businesses and entrepreneurs are the unsung heroes of Atlanta\u0026rsquo;s economy,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;To continue growing this vital sector, we need to\u0026nbsp; untap \u0026nbsp;and foster the economic potential of more Atlanta communities. Through these new tools, we are making it easier for people to achieve the dream of being a successful entrepreneur and creating greater economic prosperity for more Atlantans.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp align=\"left\"\u003eInvest Atlanta, with support from partnering organizations, will provide three new resources focused specifically on increasing entrepreneurship and businesses activity in Southside communities.\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eSouthside Community \u0026amp; Economic Development Manager\u003c/strong\u003e: A new Invest Atlanta staff position who will serve as a point person to drive economic activity and increase economic mobility of residents while preserving Southside communities.\u0026nbsp; The Southside Manager will leverage community development resources and economic development tools to support startups and small business growth, attract private sector investment, market the area to a mix of companies, and coordinate Invest Atlanta resources around targeted place-based activities occurring in the Southside. Invest Atlanta has named current staff person Erika Smith to the position.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp align=\"left\"\u003eOne of the first priorities for the Southside Community \u0026amp; Economic Development Manager is to work with strategic partners to develop and deploy resources to small businesses along the Campbellton Road corridor and in Atlanta\u0026rsquo;s Mechanicsville, Peoplestown, and Pittsburgh neighborhoods.\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eCampbellton Road Small Business Renovation Program: \u003c/strong\u003eA grant program for businesses located on Campbellton Road created in partnership with Wells Fargo and Rebuilding Together Atlanta, a national not-for-profit. The program will provide up to a $12,000 for interior renovation and equipment updates to small businesses located directly on the corridor. Applications are available and due by December 3, 2018.\u003c/li\u003e\r\n\t\u003cli align=\"left\"\u003e\u003cstrong\u003eSmall Business Improvement Grant for Mechanicsville, Pittsburgh \u0026amp; Peoplestown\u003c/strong\u003e: A grant program through Annie E. Casey Foundation providing up to $10,000 to small business owners and tenants to make exterior and interior improvements to their buildings. The program is in development and will be launching soon.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp align=\"left\"\u003eIn addition, Invest Atlanta recently launched \u003cstrong\u003eATLInBusiness,\u003c/strong\u003e a website to provide information on how to start and grow a business in the City of Atlanta. The site provides easy access to small business information, such as how to write a business plan, and resources available through the City of Atlanta, Invest Atlanta, the Small Business Administration and other organizations. ATLInBusiness was developed by Invest Atlanta in partnership with the City of Atlanta, the Women\u0026rsquo;s Entrepreneurship Initiative and Welcoming Atlanta and is accessible at \u003ca href=\"http://www.atlinbusiness.com/\"\u003ewww.atlinbusiness.com\u003c/a\u003e.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":229,"title":"Invest Atlanta and Partners Cut the Ribbon on Innovative Springview-Summerhill Affordable Housing Community","promo_title":"Invest Atlanta and Partners Cut the Ribbon on Innovative Springview-Summerhill Affordable Housing Community","published_date":"2018-11-08","featured_image":{"id":744,"parent_id":5,"resource_file_name":"springview_insight.png","resource_content_type":"image/png","resource_file_size":840670,"resource_updated_at":"2018-11-09T09:42:09.197-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-11-09T09:42:09.260-05:00","updated_at":"2018-11-09T09:43:28.019-05:00","filename_hash":"springview_insight_bzVVV5z.png","width":1000,"height":488},"filename":"invest-atlanta-and-partners-cut-the-ribbon-on-innovative-springview-summerhill-affordable-housing-community","meta_data_id":null,"published":true,"token":"lHicNQ","created_at":"2018-11-09T09:43:27.976-05:00","updated_at":"2018-11-09T09:43:27.976-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Springview, an affordable housing community located off the Cleveland Avenue corridor, is undergoing extensive improvements, including the implementation of education and community programs.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eLed by Invest Atlanta President and CEO Eloisa Klementich, housing and education leaders cut the ribbon at Springview Apartments Wed., Nov. 7. The paper-chain \u0026ldquo;ribbon\u0026rdquo; was made by students at nearby Cleveland Avenue ElementarySchool. Springview, an affordable housing community located off the Cleveland Avenue corridor, is undergoing extensive improvements, including the implementation of education and community programs.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The Springview-Summerdale community represents a unique collaboration between the public, private and philanthropic sectors,\u0026rdquo; said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. \u0026ldquo;This holistic approach will provide residents with high-quality housing, as well as critically important wrap-around services including after-school, summer camp and wellness programs. We are proud to be part of this partnership that will lift up the individuals and families who reside here, as well as help build stronger communities that provide greater opportunities for all Atlantans.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eSpringview (and the neighboring Summerdale Apartments) were purchased this summer by TriStar, through its TriStar Community Impact Fund, with the support of Invest Atlanta and Atlanta Housing. The property received $1.5 million in funding from Invest Atlanta\u0026rsquo;s Housing Opportunity Bond program to renovate blighted units. The Atlanta Housing component is its HomeFlex Program, which is a project-based voucher program designed to provide affordable housing assistance to those living close to the poverty line. Its partnership will ensure long-term affordability at Summerdale and Springview.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Springview/Summerdale Apartments endeavor is part of Mayor Bottoms\u0026rsquo; larger goal of investing $1 billion from public and private sources to support affordable housing in Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe 244-unit adjacent properties are situated off Cleveland Avenue in the City of Atlanta. The TriStar Community Impact Fund\u0026rsquo;s mission is to improve educational performance by reducing student transiency. It purchases apartments near high-need schools, stabilizing affordable housing communities by its mandate to keep rents affordable. The partner school in this effort is nearby Cleveland Avenue Elementary.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Cleveland Avenue Elementary School provides a supportive learning environment which fosters intellectual, social-emotional, and creative growth in order to prepare every student for college and career,\u0026rdquo; says Dr. Anye\u0026eacute; D. Payne, the school\u0026rsquo;s principal. \u0026ldquo;After-school and other services provided by non-profits like Star-C can help our students have an even greater chance for success.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eSpringview/Summerdale owner TriStar partners with Star-C, a non-profit education model with an affordable housing solution. Star-C programs assist economically disadvantaged families living in affordable housing communities by providing wraparound services ranging from after-school programs to healthcare. The apartment community\u0026rsquo;s owner contributes approximately 50 percent of the cost to operate Star-C programs; the remaining funds are sourced from foundations, donations and grants.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We know that wrap-around supports and family stability are critical factors that impact student learning and life outcomes,\u0026rdquo; says Atlanta Public Schools Superintendent Dr. Maria Carstarphen. \u0026ldquo;Organizations such as Star-C can have a positive impact for students and the community, and I am appreciative of the efforts to support our APS families.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition to Klementich, those on hand included Brandon Riddick-Seals, Interim CEO, Atlanta Housing; Tammie Workman, Assistant Superintendent, Student Services, Atlanta Public Schools; Duncan Gibbs and Marjy Stagmeier, Partners, TriStar Real Estate Investment; and a host of other community, housing and education leaders.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Sometimes overlooked is the important connection between education and housing, and the critical impact that housing has on the educational achievement of our children,\u0026rdquo; says Audrea Rease, Executive Director, Star-C. \u0026ldquo;With quality, affordable housing, student transiency can be reduced, and students can have improved educational outcomes. We\u0026rsquo;re ready to continue building partnerships to deploy this solution to more communities and schools across Metro Atlanta and beyond in order to promote this synergy.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":217,"title":"Gateway Capitol View Affordable Senior Living Complex Opens","promo_title":"Gateway Capitol View Affordable Senior Living Complex Opens","published_date":"2018-09-13","featured_image":{"id":715,"parent_id":5,"resource_file_name":"gateway_capitol_view_insight.jpg","resource_content_type":"image/jpeg","resource_file_size":132235,"resource_updated_at":"2018-09-13T16:12:01.478-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-09-13T16:12:01.516-04:00","updated_at":"2018-09-14T10:23:40.573-04:00","filename_hash":"gateway_capitol_view_insight_oMXrBkB.jpg","width":1000,"height":628},"filename":"gateway-capitol-view-affordable-senior-living-complex-opens","meta_data_id":null,"published":true,"token":"rqTlIg","created_at":"2018-09-13T16:12:36.796-04:00","updated_at":"2018-09-14T10:23:40.531-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The new 162-unit development offers easy access to MARTA transit and the Atlanta BeltLine.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe City of Atlanta, Invest Atlanta, and The Prestwick Companies officially announced on Monday, September 10 the opening of the new Gateway Capitol View senior living development in Atlanta\u0026rsquo;s Capitol View neighborhood. \u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe complex is located near the Atlanta BeltLine Westside Trail and the Oakland City MARTA station. All units are reserved for seniors over the age of 55 whose income is at or below 60 percent of the Area Median Income (AMI). Project Based Rental Assistance from the Atlanta Housing Authority will ensure all residents pay no more than 30 percent of their income in monthly rent.\u003c/p\u003e\r\n\r\n\u003cp\u003eAt the opening, Chief of Staff Marva Lewis represented Mayor Bottoms and joined Atlanta City Councilmembers Joyce Sheperd and Matt Westmoreland; Dr. Eloisa Klementich, President and CEO at Invest Atlanta; Clyde Higgs, Interim CEO at Atlanta BeltLine, Inc.; and Jody Tucker and other company representatives from The Prestwick Companies, the developer on the project.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Prestwick Companies worked in partnership with Invest Atlanta, the Georgia Department of Community Affairs and Housing Atlanta to develop this this market-quality complex that features 137 one-bedroom and 25 two-bedroom units.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Today is a joyous occasion for all of who have been involved with this housing development near the Atlanta BeltLine,\u0026rdquo; said Jody Tucker, Chief Executive Officer of The Prestwick Companies. \u0026ldquo;The affordable housing need in Atlanta is greater than ever, and we couldn\u0026rsquo;t be prouder of this premier housing community for seniors. Congratulations to everyone who made Gateway Capitol View a reality for 162 senior families.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn 2016, the Invest Atlanta Board of Directors approved $14.5 million in tax-exempt bond financing in support of this project. Other sources of financing included federal and state tax credits, a $3 million DCA HOME Loan, as well as private funding sources. Construction began on the development in early 2017.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I\u0026rsquo;m excited to celebrate this beautiful development,\u0026rdquo; said Councilmember Joyce Sheperd. \u0026ldquo;It is it is absolutely gorgeous and across the street from MARTA, which is the ideal location for those seniors without vehicles. The southside of Atlanta is becoming a place where seniors really want to be. I\u0026rsquo;m proud as a Councilmember to have this kind of affordability in my district, and I look forward to having more partnerships like this as we continue to build out affordability in Atlanta.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Gateway Capitol View is a great example of how we\u0026rsquo;re building momentum around our comprehensive approach to preserving and creating high-quality affordable housing in Atlanta,\u0026rdquo; said Dr. Eloisa Klementich. \u0026ldquo;It takes a lot of hard work behind the scenes to create and preserve affordable housing in Atlanta, but days like today make it all so rewarding. This development alone will create 162 new affordable units and have an estimated economic impact of $35 million.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eGateway Capitol View is a four-story \u0026ldquo;U\u0026rdquo;-shaped building with amenities including a community room with a fully equipped kitchen, fitness center, business center with computer stations, furnished library, gazebo, picnic area, and central laundry facility.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe key amenity, however, is the access to transportation it provides to seniors. The need for additional transit options for Atlanta seniors has been identified by the Atlanta Regional Commission. The Gateway Capitol View project is located less than a mile from the Atlanta BeltLine Westside Trail and the future Murphy Crossing development. It is also across the street from the Oakland City MARTA station, making it a prime example of transit-oriented development (TOD) in Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eGateway Capitol View is one of many developments the City of Atlanta is supporting as part of its comprehensive approach to creating and retaining affordable housing in the city. In 2018, the city has celebrated grand openings and groundbreaking events for \u003ca href=\"https://www.investatlanta.com/impact-insights/mayor-bottoms-leads-groundbreaking-for-adair-court-senior-affordable-housing-development\"\u003eAdair Court\u003c/a\u003e, \u003ca href=\"https://www.investatlanta.com/impact-insights/the-remington-to-offer-quality-safe-affordable-housing-to-northwest-atlanta-seniors\"\u003eThe Remington\u003c/a\u003e, and \u003ca href=\"https://www.investatlanta.com/impact-insights/legacy-at-vine-city-breaks-ground-will-offer-105-affordable-senior-units\"\u003eLegacy at Vine City\u003c/a\u003e, projects that have created and preserved 356 affordable housing units for senior age residents.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":208,"title":"City of Atlanta Selected for City Accelerator Program","promo_title":"City of Atlanta Selected for City Accelerator Program","published_date":"2018-08-01","featured_image":{"id":684,"parent_id":5,"resource_file_name":"pittsburgh_yards_video_rendering_4.png","resource_content_type":"image/png","resource_file_size":806651,"resource_updated_at":"2018-08-01T15:22:49.244-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-08-01T15:22:49.287-04:00","updated_at":"2018-08-01T15:24:56.868-04:00","filename_hash":"pittsburgh_yards_video_rendering_4_mp4DNP4.png","width":1000,"height":475},"filename":"city-of-atlanta-selected-for-city-accelerator-program","meta_data_id":null,"published":true,"token":"ONcszg","created_at":"2018-08-01T09:37:54.679-04:00","updated_at":"2018-08-01T15:24:25.629-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Keisha Lance Bottoms announced the City of Atlanta will join the City Accelerator program, an initiative of the Citi Foundation and Living Cities, to foster innovation and promote collaboration between urban leaders to address pressing issues cities face today.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Keisha Lance Bottoms announced the City of Atlanta will join the City Accelerator program, an initiative of the Citi Foundation and Living Cities, to foster innovation and promote collaboration between urban leaders to address pressing issues cities face today. Atlanta will join four other cities in this latest City Accelerator cohort \u0026ndash; El Paso, Long Beach, Newark and Rochester \u0026ndash; who will work together over the next year to pursue a range of projects that support the growth of local minority-owned businesses and the creation of additional jobs in each community.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026quot;Creating innovative ways to build opportunity and equity through job growth, business incubation and workforce training is a priority for our Administration and our city,\u0026quot; said Mayor Bottoms. \u0026quot;Our vision for One Atlanta includes a city where neighborhoods, communities and businesses thrive. We look forward to working with the Citi Foundation and Living Cities through the City Accelerator to realize that goal.\u0026quot;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe City Accelerator program includes a $100,000 grant to each cohort city to support local business and job growth. The City of Atlanta\u0026rsquo;s initiative will fund a program providing access to affordable real estate and technical assistance to economically underserved businesses in Southwest Atlanta. The initiative will be launched at Pittsburgh Yards\u0026trade;, a 30-acre, mixed-use site under development in Southwest Atlanta. Invest Atlanta, the City of Atlanta\u0026rsquo;s economic development authority, will lead the project in partnership with One Atlanta: The Mayor\u0026rsquo;s Office of Equity, Diversity and Inclusion, the Mayor\u0026rsquo;s Office of Innovation and Performance and local community Partner, The Annie E. Casey Foundation.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;The Annie E. Casey Foundation\u0026rsquo;s focus in redeveloping Pittsburgh Yards has always been on providing more equitable opportunities for residents in Southwest Atlanta,\u0026rdquo; said Kweku Forstall, Director of the Foundation\u0026rsquo;s Atlanta Civic Site. \u0026ldquo;We\u0026rsquo;re excited that this funding has been secured and hopeful that it will seed meaningful activity for entrepreneurs in Pittsburgh and surrounding communities.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Annie E. Casey Foundation serves as the primary developer of Pittsburgh Yards as well as an impact investor in social service, workforce development, and financial programs for the Pittsburgh community. Through this strategic partnership, they will provide additional visionary support to redevelop Pittsburgh Yards into a commercial, industrial, and retail site on the Atlanta Beltline. Additionally, several commercial spaces at Pittsburgh Yards will be reserved for purchase by small business owners who are selected to participate in the program.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;To achieve and sustain equitable growth, we need to ensure that businesses across the city have access to the resources and assistance they need to compete in Atlanta\u0026rsquo;s growing economy,\u0026rdquo; continued Mayor Bottoms. \u0026ldquo;The real estate development program at Pittsburgh Yards will be a catalytic project to spur economic activity in Southwest Atlanta communities by creating new opportunities for area business owners and emerging enterprises.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe program will help address four major challenges experienced by minority-owned businesses: limited access to capital based on traditional underwriting criteria, debt service payment capabilities, difficulty purchasing commercial space, and preparing for business growth. In addition to providing access to affordable commercial space at Pittsburgh Yards, the project team will offer technical assistance to help sole proprietorships increase business value by expanding hiring opportunities.\u003c/p\u003e\r\n\r\n\u003cp\u003eAll five cities selected for this Accelerator program are considered majority-minority communities based on socio-economic makeup, where more than 50 percent of a city\u0026rsquo;s population represents social, ethnic and/or racial minorities. This classification is primary for urban centers to address the barriers minority-owned businesses face, including access to capital, connections to industries, and navigating regulations.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026quot;Cities can have a disproportionately positive impact on local entrepreneurial ecosystems and the creation of good jobs\u0026rdquo;, said Living Cities President and CEO Ben Hecht. \u0026ldquo;The cities in this latest initiative will be showing how they can harness all of their assets to support and grow businesses owned by the nation\u0026rsquo;s fastest-growing populations\u0026mdash;people of color\u0026mdash;and help to close racial gaps in wealth and income in their own backyards.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn addition to a $100,000 grant, each city will receive a combination of coaching, technical assistance and implementation resources in the coming year. Technical assistance for the effort will be provided by Rodrick Miller, President and CEO of Ascendant Global, an economic development consulting firm. Miller has previously served as the President and CEO of the Detroit Economic Growth Corporation and the New Orleans Business Alliance.\u003c/p\u003e\r\n\r\n\u003cp\u003eTo learn more about the City of Atlanta\u0026rsquo;s project, visit the City Accelerator website \u003ca href=\"http://www.governing.com/cityaccelerator/videos/Atlanta-Making-Commercial-Real-Estate-Affordable-for-Minority-Owned-Businesses.html\"\u003ehere\u003c/a\u003e, and follow #CityAccelerator on Twitter.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":197,"title":"More Than 500 Attend HOUSE RULES 2018 Tour of Homes Event","promo_title":"More Than 500 Attend HOUSE RULES 2018 Tour of Homes Event","published_date":"2018-06-05","featured_image":{"id":651,"parent_id":5,"resource_file_name":"house_rules_tour.jpg","resource_content_type":"image/jpeg","resource_file_size":164021,"resource_updated_at":"2018-06-05T09:53:52.557-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":2,"created_at":"2018-06-05T09:53:52.700-04:00","updated_at":"2018-06-25T13:48:50.232-04:00","filename_hash":"house_rules_tour_38zLwjl.jpg","width":1536,"height":1004},"filename":"more-than-500-attend-house-rules-2018-tour-of-homes-event","meta_data_id":null,"published":true,"token":"gHLr3A","created_at":"2018-06-05T09:56:11.050-04:00","updated_at":"2018-06-25T13:48:50.201-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n More than 500 people attended Invest Atlanta\u0026rsquo;s HOUSE RULES 2018 Tour of Homes on Saturday, June 2 at Atlanta Technical College.\u0026nbsp;\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMore than 500 people attended Invest Atlanta\u0026rsquo;s HOUSE RULES 2018 Tour of Homes on Saturday, June 2 at Atlanta Technical College.\u0026nbsp; Attendees gathered to tour available homes for sale in Capitol View, Sylvan Hills, and other southwest Atlanta neighborhoods near the Atlanta BeltLine.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eFor the past several years, the Invest Atlanta homeownership team has hosted an event in June to celebrate homeownership month, and to educate potential homebuyers about downpayment assistance and other incentives.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe focus of this year\u0026rsquo;s event was on home renovation. Invest Atlanta\u0026rsquo;s ATL Home Renovation Advantage incentive gives eligible homebuyers up to $10,000 toward the down payment and closing costs that is fully forgiven after living in the home for 5 years. (Find additional\u0026nbsp;info \u003ca href=\"/homebuyers/homebuyer-programs-downpayment-assistance\"\u003ehere\u003c/a\u003e.)\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eContractor and master carpenter \u003ca href=\"https://people.hgtv.com/talent/chip-wade/chip-wade-bio\"\u003eChip Wade\u003c/a\u003e, the former host of HGTV\u0026rsquo;s \u0026quot;Curb Appeal: The Block,\u0026quot; led a do-it-yourself home renovation session for attendees.\u003c/p\u003e\r\n\r\n\u003cp\u003eHis company\u0026nbsp;Wade Works was one of many businesses and community partners who were there to share resources. Mortgage lenders, real estate agents, homebuyer education providers, and Invest Atlanta Homeownership Center specialists all provided information about how to achieve affordable, intown living with a home renovation loan.\u003c/p\u003e\r\n\r\n\u003cp\u003eAttendees were also able to drop in for an Invest Atlanta Homebuyer Q\u0026amp;A session. To RSVP for a future Q\u0026amp;A session, please visit our \u003ca href=\"/about-us/events\"\u003eevents page\u003c/a\u003e.\u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Homebuying/ Homeownership\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":182,"title":"AEMI Supports New Arts-Focused Boys and Girls Club of Metro Atlanta Facility","promo_title":"AEMI Supports New Arts-Focused Boys and Girls Club of Metro Atlanta Facility","published_date":"2018-03-28","featured_image":{"id":595,"parent_id":5,"resource_file_name":"bgcma_closing_6.png","resource_content_type":"image/png","resource_file_size":2105269,"resource_updated_at":"2018-03-29T08:52:02.111-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-03-29T08:52:02.166-04:00","updated_at":"2018-03-29T09:36:34.945-04:00","filename_hash":"bgcma_closing_6_KDZqM7e.png","width":1167,"height":774},"filename":"deal-closed-boys-and-girls-club-of-metro-atlanta","meta_data_id":null,"published":true,"token":"NYOV4w","created_at":"2018-03-28T12:54:12.362-04:00","updated_at":"2018-03-29T09:36:34.933-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n On March, 28 2018, Atlanta Emerging Markets, Inc. (AEMI) closed on a $10 million New Markets Tax Credits transaction to support the construction of the Boys and Girls Club of Metro Atlanta\u0026rsquo;s new 25,000-square-foot facility in southwest Atlanta.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eOn March, 28 2018, Atlanta Emerging Markets, Inc. (AEMI) closed on a $10 million New Markets Tax Credits transaction to support the construction of the Boys and Girls Club of Metro Atlanta\u0026rsquo;s new 25,000-square-foot facility in southwest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe building is scheduled to be completed later this year, and once it opens, the Boys and Girls Club of Metro Atlanta (BGCMA) will be able to bring innovative, arts-focused youth development programming to Atlanta\u0026rsquo;s Westside neighborhoods.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe facility, located at 434 Peeples St. SW, will have an emphasis on engaging teens through the arts to achieve positive youth development outcomes. It replaces the currently outdated and underutilized John Harland facility and will be the first Club of its kind for emphasis on arts programming. The dedicated arts spaces will include music and film studios, visual arts studio and gallery, dance studio, maker space, graphic design and tech lab, and a spoken word caf\u0026eacute;.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAll this will be open and accessible to all BGCMA members. The organization was founded in 1938 and currently operates 25 locations across metro Atlanta.\u0026nbsp; They serve 9,000 unique members annually and see 3,500 individuals daily. Programming revolves around three core areas: academic success, healthy lifestyles, and character/leadership. Eighty-four of their funds are spent on programming, and member fees are only $50 per school year, which can be waived for financial need. The Club has seen strong results, as at the close of the 2015-2016 school year 95% of 6th-12th grade members were on track to graduate high school on time.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Boys and Girls club projects that 225 individuals will be served at this facility daily, up from the current total of 131 daily, and 1,100 individuals will be served annually. They will also look to partner on additional programming with Atlanta Public Schools, Woodruff Arts Center, SCAD, and Moving in the Spirit.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003ePhoto Credit: Boys and Girls Club of Metro Atlanta\u003c/em\u003e\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Site Selection\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":179,"title":"Pittsburgh Yards Marks Groundbreaking With Community Celebration","promo_title":"Pittsburgh Yards Marks Groundbreaking With Community Celebration","published_date":"2018-03-12","featured_image":{"id":574,"parent_id":5,"resource_file_name":"pittsburgh_yards_v5.png","resource_content_type":"image/png","resource_file_size":891660,"resource_updated_at":"2018-03-12T15:58:48.837-04:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-03-12T15:58:48.875-04:00","updated_at":"2018-03-12T16:02:42.559-04:00","filename_hash":"pittsburgh_yards_v5_E665yDo.png","width":789,"height":625},"filename":"pittsburgh-yards-marks-groundbreaking-with-community-celebration","meta_data_id":null,"published":true,"token":"nQ8Shw","created_at":"2018-03-12T15:57:11.828-04:00","updated_at":"2018-03-12T16:02:42.546-04:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Residents of southwest Atlanta\u0026rsquo;s Pittsburgh neighborhood gathered together to celebrate the groundbreaking ceremony for Pittsburgh Yards, a development that will be a catalyst of economic growth and equity for southside communities.\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eResidents of southwest Atlanta\u0026rsquo;s Pittsburgh neighborhood gathered together to celebrate the groundbreaking ceremony for Pittsburgh Yards, a development that will be a catalyst of economic growth and equity for southside communities.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAlso in attendance were members of the Atlanta City Council, Invest Atlanta,\u0026nbsp;the Columbia Core Partners development team, and leaders from the Annie E. Casey Foundation, the nonprofit philanthropy that owns the parcel and has invested toward ensuring the development benefits the community.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003ePittsburgh Yards will be a key community-focused, economically-inclusive asset for the Southside and for the city as a whole. When complete, it will offer accessible rental rates for local small businesses to thrive. This in turn will create a range of employment and entrepreneurship opportunities even as it bolsters the sense of community in this part of the city.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Atlanta\u0026rsquo;s economic landscape is changing with more major development initiatives breaking ground south of Interstate 20,\u0026rdquo; said Eloisa Klementich, president and CEO of Invest Atlanta.\u0026nbsp;\u0026ldquo;Pittsburgh Yards will create a range of employment and entrepreneurship opportunities that will help bring new, sustainable growth and nearly $40 million in economic impact to the area.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe $26 million first phase of development will happen on the eastern side of the property around an existing 61,000 square foot structure that will create work spaces at accessible rental rates for approximately 100 businesses, including light-industrial, administrative, artisanal, maker and creative enterprises. A large, natural-turf green space will be created, along with a business-centric area that features repurposed shipping containers that will be used as work spaces and storefronts. The first phase will also include necessary road, sewer, storm-water management, landscaping and pedestrian-oriented infrastructure \u0026mdash; including a spur to the Atlanta BeltLine \u0026mdash; as well as three adaptable pad-ready sites.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe first phase of the development create approximately 200 new permanent jobs. And over the next decade, that number will climb to 1,000 new positions. And importantly, Annie E. Casey will work with the Center for Working Families and other organizations to ensure local residents have access to employment and training opportunities.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003ePittsburgh Yards is a critical project for south Atlanta, which over the next few years will see unprecedented levels of investment, from the former site of Turner Field to the Atlanta BeltLine to Ft. McPherson to Atlanta Hartsfield-Jackson International Airport.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta supported this project with a New Markets Tax Credits allocation through our community development subsidiary, Atlanta Emerging Markets, Inc. Since 2010, AEMI has invested in 16 projects, including Grady Hospital\u0026rsquo;s Emergency Center and Women and Infants Center, as well as Families First\u0026rsquo;s new headquarters.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAnd recently, Mayor Bottoms announced the news that AEMI will receive another $60 million allocation from the U.S. Treasury Department. We stand at the ready to support many more game-changing projects like Pittsburgh Yards in the years to come.\u0026nbsp;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":173,"title":"Board Supports Creation of 180 Affordable Rental Units for Seniors","promo_title":"Board Supports Creation of 180 Affordable Rental Units for Seniors","published_date":"2018-02-20","featured_image":{"id":542,"parent_id":8,"resource_file_name":"sylvan_hills_senior_new_site.png","resource_content_type":"image/png","resource_file_size":2043236,"resource_updated_at":"2018-02-20T14:30:17.970-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2018-02-20T14:30:18.029-05:00","updated_at":"2018-02-22T08:49:55.633-05:00","filename_hash":"sylvan_hills_senior_new_site_ZOOYgrP.png","width":1138,"height":715},"filename":"board-approves-support-for-180-affordable-rental-units-for-seniors","meta_data_id":null,"published":true,"token":"VWZsAw","created_at":"2018-02-20T14:31:11.037-05:00","updated_at":"2018-02-22T08:49:55.603-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The Invest Atlanta Board of Directors approved financing for the construction of Sylvan Hills Senior, a brand-new affordable housing development in southwest Atlanta.\u0026nbsp;\n\u003c/div\u003e\n","project_year":"2018","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe Invest Atlanta Board of Directors approved financing for the construction of Sylvan Hills Senior, a brand-new affordable housing development in southwest Atlanta.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eOnce complete, the multifamily housing development will offer 180 units to seniors over the age of 62. All the units are reserved for those making 60% of Area Median Income (AMI) and qualifying residents will pay no more than 30% of their income on housing costs.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This is great,\u0026rdquo; said Randy Hazelton, the board\u0026#39;s Treasurer. \u0026ldquo;There\u0026rsquo;s obviously a huge need for affordable senior housing in and around the city.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Benoit Group will soon begin work on the four-story wood-framed building lcoated in the Sylvan Hills community. The propertiy is be easily accessible from several MARTA bus stops and Highway 166, and will include amenities like a community room, business center, courtyard, energy star appliances, and washer dryer hookups.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe board approved\u0026nbsp;two resolutions supproting this project\u0026nbsp;at their monthly board meeting on Thursday, February 15. The first was an inducement resolution to issue $15 million in tax-exempt bond financing, and the second was a Housing Opportunity Bond loan resolution for $1.5 million.\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We\u0026rsquo;re bringing these types of tools to the market at just the right time,\u0026rdquo; said Alan Ferguson, Interim VP of Community Development.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":151,"title":"Financing Approved for Preservation of 812 Affordable Housing Units","promo_title":"Financing Approved for Preservation of 812 Affordable Housing Units","published_date":"2017-12-07","featured_image":{"id":381,"parent_id":34,"resource_file_name":"rolling_bends_3_feature.png","resource_content_type":"image/png","resource_file_size":1535694,"resource_updated_at":"2017-12-21T16:12:21.446-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T16:12:21.642-05:00","updated_at":"2017-12-21T16:13:29.521-05:00","filename_hash":"rolling_bends_3_feature_MYqVPxj.png","width":966,"height":724},"filename":"financing-approved-for-preservation-of-812-affordable-housing-units","meta_data_id":null,"published":true,"token":"M764EA","created_at":"2017-12-21T16:13:28.453-05:00","updated_at":"2017-12-21T16:13:28.453-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n The URFA Board of Directors approved financing for the acquisition and rehabilitation of 812 units of affordable rental housing.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe URFA Board of Directors recently approved financing for the acquisition and rehabilitation of three multifamily rental complexes with 812 units of affordable rental housing.\u003c/p\u003e\r\n\r\n\u003cp\u003eAt a special called meeting, the board approved a total of $128.8 million in tax-exempt bond financing to support the preservation of three multifamily housing developments: Allen Hills, Rolling Bends I, and Rolling Bends II. Here are the details:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eAllen Hills:\u0026nbsp;$66.7 million in tax-exempt bond financing will support the preservation of 458 units of multifamily housing in the Westhaven community.\u003c/li\u003e\r\n\t\u003cli\u003eRolling Bends I \u0026amp; II:\u0026nbsp;The URFA board approved a bond resolution approving $28.75 million and another for $33.35 million in tax-exempt bond financing. This will support a total of 354 units within the two complexes located in northwest Atlanta.\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We are excited we are able to preserve affordable housing for families,\u0026rdquo; said Dawn Luke, Senior Vice President of Community Development at Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eAll the units will be reserved for households earning no more than 60% of the Area Median Income (AMI). (For example, a family of two can earn up to $33,390 and be eligible.) In addition, HUD subsidies ensure all residents will pay no more than 30% of their income in rent.\u003c/p\u003e\r\n\r\n\u003cp\u003ePreservation Partners Development will own and manage all three properties. They\u0026rsquo;ll soon start making extensive renovations to all three properties, including upgrades to kitchens, windows, and community spaces. In addition, the company will implement plans for both neighborhood integration and enhanced security, as well as work with nearby churches and community non-profits to offer support services to their residents.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":28,"title":"Invest Atlanta Small Business Stories: The Nest Nursery School","promo_title":"Invest Atlanta Small Business Stories: The Nest Nursery School","published_date":"2017-12-04","featured_image":{"id":236,"parent_id":34,"resource_file_name":"nest_still_feature.png","resource_content_type":"image/png","resource_file_size":740497,"resource_updated_at":"2017-12-20T15:31:38.624-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-20T15:31:38.777-05:00","updated_at":"2017-12-20T15:44:39.164-05:00","filename_hash":"nest_still_feature_azne97y.png","width":703,"height":527},"filename":"invest-atlanta-small-business-stories-the-nest-nursery-school","meta_data_id":null,"published":true,"token":"hCkOPA","created_at":"2017-12-20T15:37:02.463-05:00","updated_at":"2017-12-20T15:37:02.463-05:00","video_link":"https://player.vimeo.com/video/242983668","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n In November, Invest Atlanta launched our brand-new video series, \u0026ldquo;Small Business Stories,\u0026rdquo; featuring successful Atlanta small business owners.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eIn November, Invest Atlanta launched our brand-new video series, \u0026ldquo;Small Business Stories,\u0026rdquo; in which we feature successful Atlanta small business owners. First up is\u0026nbsp;\u003ca href=\"https://thenestnurseryschool.org/\"\u003eThe Nest\u003c/a\u003e, a neighborhood nursery school that expanded in Grant Park thanks to a small business loan from Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;[Invest Atlanta wants] to help you, they want to support small businesses and make our larger community better,\u0026rdquo; says co-founder Mandy Palmer.\u003c/p\u003e\r\n\r\n\u003cp\u003eStay tuned for more Small Business Stories in 2018!\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Businesses\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":86,"title":"Work Begins on Phoenix House Affordable Housing Complex","promo_title":"Work Begins on Phoenix House Affordable Housing Complex","published_date":"2017-03-08","featured_image":{"id":296,"parent_id":33,"resource_file_name":"work-begins-on-phoenix-house-affordable-housing-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":45146,"resource_updated_at":"2017-12-21T13:55:27.108-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T13:55:27.243-05:00","updated_at":"2017-12-21T13:55:45.251-05:00","filename_hash":"work-begins-on-phoenix-house-affordable-housing-featured_p5VDm2p.jpg","width":710,"height":532},"filename":"work-begins-on-phoenix-house-affordable-housing-complex","meta_data_id":null,"published":true,"token":"XyvzDw","created_at":"2017-12-21T13:55:44.752-05:00","updated_at":"2017-12-21T13:55:44.752-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Phoenix House broke ground on the site of their 69-unit affordable housing complex reserved for the homeless and mentally disabled.\n\u003c/div\u003e\n","project_year":"2017","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eThe groundbreaking ceremony for Phoenix House, the future site of a 69-unit affordable housing complex reserved for the homeless and mentally disabled, took place on Friday, March 3.\u003c/p\u003e\r\n\r\n\u003cp\u003eLeading the project are Invest Atlanta, The National Housing Trust Enterprise Preservation Corporation (NHT-Enterprise)\u0026mdash;a Washington, D.C. non-profit affordable housing owner and developer\u0026mdash;Tapestry Development Group, and 3Keys, Inc.\u003c/p\u003e\r\n\r\n\u003cp\u003eInvest Atlanta awarded a $500,000 Housing Opportunity Bond-CHDO loan in support of this project, which is another example of the investments being made in Atlanta\u0026rsquo;s Westside communities.\u003c/p\u003e\r\n\r\n\u003cp\u003eCouncilmember Joyce Sheperd (District 12) and project partners were there to celebrate the launch of this $10.2 million redevelopment.\u003c/p\u003e\r\n\r\n\u003cp\u003eThree existing buildings on the Phoenix House property which will be rebuilt to feature 69 efficiency units, and two houses will be rehabilitated for continued use as tenant common space and property staff offices. Once complete, the Phoenix House will offer many great amenities to its residents, including a computer center, job training, supportive services for the special needs population, and access to mass transit at the nearby Oakland City MARTA Station.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":135,"title":"New UPS Facility Coming to South Atlanta","promo_title":"New UPS Facility Coming to South Atlanta","published_date":"2016-11-11","featured_image":{"id":367,"parent_id":33,"resource_file_name":"ups_feature.jpg","resource_content_type":"image/jpeg","resource_file_size":33611,"resource_updated_at":"2017-12-21T15:46:34.898-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:46:35.057-05:00","updated_at":"2017-12-21T15:48:52.593-05:00","filename_hash":"ups_feature_jpv6PlO.jpg","width":400,"height":300},"filename":"new-ups-facility-coming-to-south-atlanta","meta_data_id":null,"published":true,"token":"A9SKOw","created_at":"2017-12-21T15:46:52.578-05:00","updated_at":"2017-12-21T15:46:52.578-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Mayor Kasim Reed and Governor Nathan Deal announced that UPS will create 1,250 jobs and invest more than $400 million\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eMayor Kasim Reed and Governor Nathan Deal announced that United Parcel Service Inc. (UPS), a package delivery company, will create 1,250 jobs and invest more than $400 million to establish a regional sorting and distribution hub in Atlanta by the end of 2018.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I am very pleased to see that UPS, a Fortune 500 company and mainstay in Atlanta for many years, will plant deeper roots in our city with this new hub of operations,\u0026rdquo; said Mayor Reed. \u0026ldquo;This investment in southwest Atlanta will not only create 1,250 new jobs, but strengthen our position as an international hub for logistics supported by the world\u0026rsquo;s busiest passenger airport and the many global companies who call Atlanta home.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eUPS will create supervision, administrative and warehouse positions for the new sorting and distribution hub.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;Georgia demonstrates an enduring commitment to industry leaders and job creators. With this investment, UPS will use Georgia\u0026rsquo;s location, transportation infrastructure and logistics sector to reach customers more quickly and more efficiently. UPS is already making a substantial economic impact in the Atlanta area and we look forward to the company\u0026rsquo;s continued success,\u0026rdquo; said Governor Deal.\u003c/p\u003e\r\n\r\n\u003cp\u003eUPS employs more than 14,000 Georgia residents in package delivery operations, ground freight, aircraft operations, data center management and contract logistics. Product and technology development, global transportation network planning and other corporate staffs are based in metro Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;UPS has proudly made its global headquarters in Atlanta for more than two decades,\u0026rdquo; said David Abney, UPS chairman and CEO. \u0026ldquo;This strategic capital investment will feature state-of-the-art technology. When combined with the strong transportation connections and talented labor pool that Atlanta provides, UPS is building flexibility to meet the growing needs of our customers and our business in Georgia, and around the world.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;We are excited that UPS has decided to expand its operations in the City of Atlanta with this major distribution center,\u0026rdquo; said Invest Atlanta President and CEO Dr. Eloisa Klementich. \u0026ldquo;This new facility represents a significant economic investment in the southside of Atlanta that will provide residents access to new jobs across a spectrum of skill levels. Invest Atlanta looks forward to working with the Atlanta Workforce Development Agency and UPS to build a pipeline of qualified professionals for these positions.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;I am pleased that our county leaders had the foresight to realize the value of this land and work closely with UPS to make this exciting project happen,\u0026rdquo; said John Eaves, chairman of the Fulton County Commission. \u0026ldquo;The benefits it will bring in terms of jobs and investment are immeasurable. This is a huge shot in the arm and yet another example of the economic engine that Fulton County has become.\u0026rdquo;\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Georgia Department of Economic Development (GDEcD) Director of Existing Industry and Regional Recruitment Lindsay Martin represented the Global Commerce division throughout this project in partnership with Invest Atlanta and Fulton County.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;It\u0026rsquo;s an exciting day when UPS, a company with such deep roots in our state, announces they are creating an even bigger footprint in Georgia,\u0026rdquo; said GDEcD Commissioner Pat Wilson. \u0026ldquo;This announcement is a testament to our world-class logistics infrastructure and reliable workforce \u0026ndash; both which are critically important to meeting the needs of UPS\u0026rsquo; customers. We look forward to working with UPS as they establish a regional hub in Fulton County.\u0026rdquo;\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Site Selection\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":141,"title":"IA Closes on Loan to Finance Affordable Senior Multi-Family Housing","promo_title":"IA Closes on Loan to Finance Affordable Senior Multi-Family Housing","published_date":"2016-10-19","featured_image":{"id":373,"parent_id":34,"resource_file_name":"ia-closes-on-loan-to-finance-affordable-multi-family-housing-for-seniors-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":72958,"resource_updated_at":"2017-12-21T15:59:09.729-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T15:59:09.868-05:00","updated_at":"2017-12-21T16:00:02.098-05:00","filename_hash":"ia-closes-on-loan-to-finance-affordable-multi-family-housing-for-seniors-featured_r6PaxVB.jpg","width":400,"height":300},"filename":"ia-closes-on-loan-to-finance-affordable-senior-multi-family-housing","meta_data_id":null,"published":true,"token":"7lojQw","created_at":"2017-12-21T16:00:01.503-05:00","updated_at":"2017-12-21T16:00:01.503-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Invest Atlanta is helping to finance Gateway Capital View, a 160-unit affordable housing community for seniors within the BeltLine TAD.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eInvest Atlanta has closed a $14.5-million tax-exempt loan to finance Gateway Capital View, a much-needed, 160-unit affordable housing community for senior citizens near the Oakland City MARTA station and within the BeltLine Tax Allocation District. It\u0026rsquo;s the first Freddie Mac tax-exempt loan transaction that Invest Atlanta has concluded.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026ldquo;This project will add more affordable housing to the BeltLine and provides another transit-oriented development in the city near a MARTA station,\u0026rdquo; said Alan Ferguson, vice president and deputy director of community development for Invest Atlanta.\u003c/p\u003e\r\n\r\n\u003cp\u003eSince all of the units at Gateway Capital View will include Project Based Rental Assistance from the Atlanta Housing Authority, none of the residents will pay more than 30 percent of their income for housing costs. Construction of the project should begin this fall with the first units becoming available in 12-14 months.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe transaction, which Invest Atlanta closed in fewer than 150 days, is IA\u0026rsquo;s first with Prestwick Development, a well-established developer that operates in the Southeast. IA expects to engage in more closings with Prestwick in the coming months in areas that include Memorial Drive in East Atlanta.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"},{"id":148,"title":"Key Transaction Underwrites Movie Studio Complex","promo_title":"Key Transaction Underwrites Movie Studio Complex","published_date":"2016-03-11","featured_image":{"id":378,"parent_id":33,"resource_file_name":"key-transaction-underwrites-movie-studio-complex-featured.jpg","resource_content_type":"image/jpeg","resource_file_size":94744,"resource_updated_at":"2017-12-21T16:08:37.304-05:00","caption":"","description":null,"attachable_id":null,"attachable_type":null,"assets_resource_uses_count":1,"created_at":"2017-12-21T16:08:37.438-05:00","updated_at":"2017-12-21T16:08:58.809-05:00","filename_hash":"key-transaction-underwrites-movie-studio-complex-featured_8myQwEr.jpg","width":561,"height":421},"filename":"key-transaction-underwrites-movie-studio-complex","meta_data_id":null,"published":true,"token":"qnQojA","created_at":"2017-12-21T16:08:58.249-05:00","updated_at":"2017-12-21T16:08:58.249-05:00","video_link":"","promo_description":"\u003cdiv class=\"datatype-wysiwyg-basic promo_description\"\u003e\n Atlanta Emerging Markets, Inc. (AEMI), an Invest Atlanta affiliate, closed a $7 million NMTC transaction last December.\n\u003c/div\u003e\n","project_year":"2016","content":"\u003cdiv class=\"datatype-wysiwyg content\"\u003e\n \u003cp\u003eAtlanta Emerging Markets, Inc. (AEMI), an Invest Atlanta affiliate, closed a $7 million NMTC (New Markets Tax Credits) transaction last December that will help finance the redevelopment of part of the former Fort McPherson army base into filmmaker Tyler Perry\u0026rsquo;s new movie studio facility. The Tyler Perry Studios complex, on 331 acres, will have 11 sound stages, production and post-production facilities, a theatre, screening rooms, and office and retail components.\u003c/p\u003e\r\n\r\n\u003cp\u003eThe private investment attracted to this site backs a first-phase redevelopment of the base that will create more than 2,500 jobs in Atlanta \u0026ndash; replacing a big chunk of the 6,000-plus jobs that were lost when the base closed in 2011. It also leveraged an overall $27-million low-interest loan that will support the studio project and includes contributions from three other Community Development Entities (CDEs) \u0026mdash; Stonehenge Community Development LLC ($10 million), Enhanced Community Development LLC ($5 million), and Sun Trust Community Development Enterprises LLC ($5 million).\u003c/p\u003e\r\n\r\n\u003cp\u003eAEMI\u0026rsquo;s investment also spurred a round of workforce development partnerships with several key organizations, including the Atlanta Workforce Development Agency, the Urban League of Greater Atlanta, and community colleges and undergraduate programs. What emerged from this was an Impact Monitoring Agreement (IMA) that enables the workforce training partners to recruit and train Atlanta residents for studio jobs. The IMA also provides for the hiring of a community engagement coordinator who will insure that community members have access to pre-development, construction, production and operations jobs and that vendor relationships are established with minority-owned, disadvantaged and local firms.\u003c/p\u003e\r\n\n\u003c/div\u003e\n","category_id":"\u003cspan class=\"datatype-select_field category_id\"\u003e\n Development\n\u003c/span\u003e\n","location_id":"\u003cspan class=\"datatype-select_field location_id\"\u003e\n Southside\n\u003c/span\u003e\n"}]}