Atlanta mayor calls for $100 million in bonds to
boost affordable housing stock

Atlanta Mayor Keisha Lance Bottoms called for another $100 million investment aimed at boosting the city’s affordable housing stock. In an administrative order, Bottoms asked the city’s chief operations officer and its chief financial officer to team up to “expediently prepare legislation for the issuance of $100 million of Housing Opportunity Bonds for the city.”
 

“This $100 million bond will enable us to thoughtfully provide dignified homes to our neighbors experiencing homelessness, strategically acquire land for affordable developments, and develop and preserve rental affordable housing opportunities for residents across the city — including families with lower incomes who often are left out,” a spokesperson for the mayor’s office told SaportaReport in a statement.   MORE

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