Home Business Invest Atlanta Board approves $7.5M for affordable housing

Invest Atlanta Board approves $7.5M for affordable housing

by The 100 Companies

New affordable housing is on its way for unhoused individuals in Atlanta.

Mayor Andre Dickens announced last month that the Invest Atlanta Board of Directors had approved a line of credit for up to $7.5 million to start the project. The line of credit, financed through the City of Atlanta Housing Opportunity Bond Fund, will allow for about 500 low-cost micro units to be built quickly.

The city shared that the newly announced rapid housing initiative will serve as temporary, semi-permanent or permanent shelters and housing for the unhoused population. The first location should be ready by the end of 2023.

Abby Watkins, 360 Media, Inc.

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Terry Kennedy November 23, 2023 - 7:32 am

I am 64 years old female and lives alone. I am very interested in affordable housing. I am a school nurse making $38,000/yearly. I need assistance.

katem December 14, 2023 - 12:25 pm

Hi there! Thanks for your comment. It looks like the best place to check for updated information is http://www.partnersforhome.org/contact-2


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