City economic development agency Invest Atlanta greenlit a $330 million lease-purchase bond for the controversial Amsterdam Walk project, marking another step towards the project’s completion — and another tax break. In practice, the bond will lower property taxes for developers across 10 years. For the first year, property taxes will be priced at about 50 […]
Tag: tax allocation district
Posted inColumns
ATL BeltLine: Third rail of Atlanta’s 2021 elections, the dream too big to fail
The Atlanta BeltLine may be the third rail in this year’s city politics, as well as a near mystical vision so deep in the city’s psyche that failure to fulfill could be disastrous – the very definition of “too big to fail.”
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Update: Atlanta, schools reach deal over Gulch developer subsidy
Atlanta Public Schools will forego some property taxes as part of a city-state plan to subsidize development in the Gulch, in a deal that touches on such development subsidies across the city.
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Invest Atlanta approves millions for marquee developments
The leaders of the the Atlanta agency in charge of attracting investment on Thursday morning approved millions of dollars in sweeteners or tax abatements for developments at Underground, Colony Square and more.
