(ATLANTA, Geo.) — Atlanta has set a goal of creating or preserving 20,000 affordable housing units by 2030 as residents continue to face rising housing costs and homelessness.
So, where is the money going?
Here’s a look at the numbers:
$139.1 million: Atlanta Housing said it invested in creating or preserving housing from January through April 2026.
3,975: New affordable units Atlanta Housing said it has created.
4,973: Units it said it has preserved.
$1.1 billion: Total development activity reported by Atlanta Housing during that period.
354: Affordable units Invest Atlanta said it financed in 2026.
119: Homeownership incentives Invest Atlanta said it provided.
$478 million: Capital investment Invest Atlanta said it helped generate in 2026.
Some of that investment is already showing up in projects around the city.
On Atlanta’s Westside, Legacy at Herndon Square opened with 201 apartments, including 170 designated as affordable. Atlanta Housing contributed $16.5 million to the second phase of the $77.9 million development.
In Buckhead, Overlook at Garson is planned to add 130 fully affordable homes near the Lindbergh MARTA station. The homes will be reserved for households earning 50%, 60% or 80% of the area median income.
Invest Atlanta is also financing projects outside the city’s core. A $27.1 million tax-exempt loan for a development at 350 Chappell Road in Grove Park will help finance 218 apartments, all planned to be affordable to households earning between 30% and 80% of the area median income.
For residents dealing with Atlanta’s housing costs, the numbers raise a simple question: How quickly will those investments translate into homes people can actually afford?
The city's 20,000-unit goal runs through 2030.
To add to or correct information in this report, please contact me at mia.s@lead4earth.org.
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