AH Board Approves 5-12 months Strategic Plan To Create, Protect 10,000 Housing Items

ATLANTA, Jan. 25, 2023 /PRNewswire/ — The Atlanta Housing Board of Commissioners as we speak permitted a Strategic Plan that requires the creation and preservation of 10,000 housing items over the subsequent 5 years.

The new Atlanta Housing (PRNewsfoto/Atlanta Housing)

The brand new Atlanta Housing (PRNewsfoto/Atlanta Housing)

“We’re excited to embark upon a five-year journey that we consider is formidable and achievable, and aligned with Mayor Andre Dickens’ objective of constructing and preserving 20,000 inexpensive housing items over eight years,” stated Larry Stewart, chair of the AH Board of Commissioners. “This plan’s implementation is essential to the well being of Atlanta’s neighborhoods. Together with our civic and growth companions, we intend to function a big voice and execution arm for constructing and preserving affordability to deal with Atlanta’s rising housing disaster.”

The Strategic Plan units forth the next six objectives:

Objective 1: Create or Protect 10,000 Reasonably priced Housing Items
Objective 2: Improve Housing Help Assets for Atlantans in Want
Objective 3: Create Alternatives for People, Households, and Youngsters to Thrive
Objective 4: Construct or Develop Partnerships to Pool Assets and Maximize Impression for the Good thing about Households
Objective 5: Talk the Impression of Atlanta Housing’s Work to Atlanta
Objective 6: Strengthen Atlanta Housing Operations

In an effort to attain the ten,000-unit objective, AH will activate greater than 300 acres of its vacant land to attain 5,000 new items, or half of the general objective. The opposite half will come from preserving present items. Each creation and preservation of items would require an AH funding of greater than $250 million, with $220 million allotted towards creation of recent items and $30 million allotted towards preservation. To complement these efforts, a dashboard, out there on the company web site, helps to extend transparency and chart progress. The dashboard features a map of the present state of AH’s voucher-based applications, together with public housing, HomeFlex, and different websites. It additionally pinpoints AH’s precedence growth websites, together with projected unit counts.

The plan’s people-centered strategy is essential. “The individuals of Atlanta want inexpensive housing now greater than ever. We wish to make Atlanta a extra inclusive neighborhood by connecting our residents to protected, high quality properties throughout the town,” stated Eugene E. Jones, Jr., president and CEO of Atlanta Housing. “In maintaining aligned with our people-focused mission, one other essential element of this plan is to assist our residents attain self-sufficiency, which is important if we’re to maximise our affect and ship on our imaginative and prescient of a extra inexpensive Atlanta with wholesome, thriving neighborhoods.”

To view the plan, click on here.

ABOUT ATLANTA HOUSING

Led by President and CEO Eugene Jones, Jr., the Housing Authority of the Metropolis of Atlanta, Georgia (AH), is the biggest housing authority in Georgia and one of many largest within the nation. AH supplies and facilitates inexpensive housing assets for practically 27,000 low-income households comprised of roughly 45,000 individuals, together with AH-owned residential communities, tenant-based vouchers, supportive housing, and homeownership alternatives. Applications are funded and controlled by the U.S. Division of Housing and City Growth.

Go to AH at atlantahousing.org or observe us on Instagram, Twitter and LinkedIn at @housingatlanta.

Cision

Cision

View authentic content material to obtain multimedia:https://www.prnewswire.com/news-releases/ah-board-approves-five-year-strategic-plan-to-create-preserve-10-000-housing-units-301730948.html

SOURCE Atlanta Housing; HOUSING AUTHORITY OF CITY OF ATLANTA

Previous post UK cost-of-living disaster pushes moms to the brink
Next post Singaporean lady on trial for abusing neighbour’s pet chook