VIA INVEST ATLANTA
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THE VALUE OF A TAD
Atlanta TADs have generated $13.5 billion in economic impact and more than 46,000 direct jobs for the city. A tax allocation district, commonly referred to as a TAD, is a tool used to publicly finance redevelopment activities in underdeveloped or blighted areas. Atlanta has nine TADs (the Princeton Lakes TAD was closed in 2023), and their impact is evident in every corner of the city. TAD grants are used to create and preserve affordable housing. They support construction of city assets, like the Atlanta Beltline and Atlantic Station. They strengthen local businesses and enhance exterior facades. And they improve streets, parks and places of historic and cultural significance, like the National Center for Civil and Human Rights. And while each TAD has a strategy to address specific challenges, there is a common goal across all districts to bring about economic progress, community development, property revitalization, infrastructure enhancement, sustainability and open spaces. TAD-funded projects directly impact people. They turn infill residential developments, mixed-use projects in disinvested commercial corridors and blighted properties into vital community services like healthcare, job training and healthy food access. Invest Atlanta is committed to this type of development, and TAD funding is a critical component to help commuities thrive.
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