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APS: city of Atlanta late in making $10 million payment on TAD agreement

The city of Atlanta is more than three months late in making a $10 million payment to the Atlanta Public Schools as part of the comprehensive agreement both governments reached Jan. 7 on the city’s tax allocation districts.The agreement was considered pivotal in the financing plan for CIM’s redevelopment of the railroad gulch in the heart of downtown.

Posted inColumns

Mayor Reed and key city council folks are at odds over closing Eastside TAD

Invest Atlanta provided financing to a record number of developments at its board meeting July 21 – projects that will add a total of 493 units of affordable and workforce housing – a top priority of Mayor Kasim Reed.

But a reason there was such a rush of projects was due to the possible closing of the Eastside TAD (Tax Allocation District). And Mayor Kasim Reed supports closing the TAD.

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Power of “We” (Part 2)

(Above photo: Reynoldstown Senior is a recently opened 70-unit development located near the southern extension of the Atlanta BeltLIne Eastside Trail, which will bring walkability, opportunities for better health, and new economic vibrancy to Reynoldstown and surrounding neighborhoods.) The Atlanta BeltLine Partnership is elevating solutions to Atlanta’s affordable housing needs via a series of articles […]

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