The walking, biking, and transit corridor set a goal to create 5,600 affordable housing units in the area by 2030.
Atlanta Beltline Inc. announced it has reached 79% of its goal to create or preserve 5,600 units of affordable housing in the area along the biking and walking trail by 2030.
According to an article in Rough Draft Atlanta, "Since 2018, the Beltline has more than doubled the number of completed affordable housing units along the corridor, with nearly three-fourths of these reserved for people earning 60% or less of the Area Median Income (AMI)."
To prevent the displacement of current residents, AMI's Legacy Resident Retention Program covers the cost of property tax increases for long-term residents until 2030. "In 2025, 276 homeowners in neighborhood stabilization areas on Atlanta’s Westside and Southside received tax relief through the program, according to ABI."
As the article explains, "The Beltline also offers residents guidance on filing homestead exemptions, appealing property tax assessments, managing finances, and buying a home for the first time."
FULL STORY: Beltline reaches 79% of its affordable housing goal
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