We are pleased to share this Final 2017 Legislative Report with you, our member organizations and supporters, to let you know what happened this year at the Georgia General Assembly. This was a good session for affordable housing with enactment of legislation that addresses valuation of low income housing tax credit properties (HB 285/HB 196),…
Since the inception of the Low Income Housing Tax Credit or LIHTC in 1986, more than 2 million affordable units have been developed or preserved across the United States. The NYU Furman Center has published a report presenting who the LIHTC serves and its impact. Get the full report here.
In the latest installment of SaportaReport’s The Power of “We” series, Georgia ACT’s role in the creation and preservation of affordable housing is highlighted. With new development projects popping up in and around Atlanta, maintaining and creating affordable housing for residents continues to be a challenge. Through advocacy, education and partnerships with housing advocates across the state –…
Grantmakers for Southern Progress and the National Committee for Responsive Philanthropy (NCRP) have published the first report in their series, As the South Grows. “The goal of the project is to increase the amount and sustainability of funding from local and regional Southern funders, as well as from national funders, that improve the quality of…
The Federal Reserve Bank of Atlanta on Monday shattered a 104-year-old racial barrier by naming Raphael W. Bostic as its new president. Mr. Bostic, an economist and a former housing policy official in the Obama administration, will become the first African-American to lead any of the Fed’s 12 regional reserve banks, and just the fourth…
Georgia ACT members can receive $100 off the early-bird registration rate for People & Places 2017, which lifts local solutions to a national stage. It’s a great opportunity to connect with placemakers from different regions, cultures, and national networks. View the content outline to see how the themes and content relate to your 2017 goals. You’ll connect…
National experts from the Housing Trust Fund Project of the Center for Community Change conducted a half-day communications training in Atlanta on November 1. Trainers Katy Heins and Michael Anderson provided insight learned from decades of research about the effectiveness of values based messaging and presented examples of how aligned messages and messengers have been…
Community Organizations Celebrate Fifth Third Bank’s $30 Billion Community Development Plan Atlanta, Ga. – Georgia Advancing Communities Together, Inc. commends the $30 billion Community Development Plan announced by Fifth Third Bank today. The Plan was developed in an agreement between Fifth Third and members and allies of the National Community Reinvestment Coalition (NCRC), which…
Neither Fannie nor Freddie purchased enough mortgage loans to meet their low- or very-low income home purchase goals. View Report Here
Enterprise Community Partners, the Georgia Department of Community Affairs, and Georgia ACT have launched the Atlanta Affordable Housing Preservation Challenge. The Preservation Challenge is an idea competition to generate innovative, implementable proposals that will help preserve affordable housing in the Atlanta region and throughout Georgia’s urban centers. This competition is open to all stakeholders with…