Press Release Courtesy of The Fifth Third Foundation FOR IMMEDIATE RELEASE Contact: Jewanna Gaither, VP, Regional Communications Manager 678.237.4379 Fifth Third Foundation Announces 2017 Strengthening Our Communities Fund Award Recipients ATLANTA – The Fifth Third Foundation has announced its 2017 Strengthening Our Communities (SOC) Fund grants for Georgia. The Fund awards grants to…
Georgia ACT recently received a grant from Metro Fair Housing Services to implement the Inclusive Communities Down Payment Assistance Program (ICDPA). The program provides low-to-moderate income individuals (with household income of 80 percent or less of area median income) with the opportunity to become homeowners in neighborhoods of color adversely affected by the foreclosure crisis:…
The organizers of Atlanta’s Affordable Housing Preservation Challenge (Enterprise Community Partners, Georgia Department of Community Affairs, and Georgia Advancing Communities Together) are pleased to announce Tapestry Development Group as the winner of the ATL Challenge competition. The formal announcement was made during the first quarterly Atlanta Regional Housing Forum of 2017 earlier today. Tapestry Development…
President Trump’s FY 2018 budget request – released May 23, 2017 – proposes to slash federal investments in affordable housing and other essential programs that ensure basic living standards for low income individuals and families. If enacted, it would eliminate the National Housing Trust Fund, cause more than 250,000 families to lose their housing vouchers,…
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…