Metro Atlanta Land Bank Annual Report 2024

5

MALB Headline Indicators Summary

MALB HEADLINE INDICATORS SUMMARY Reporting Period January to December 2024

METRIC

Data

Number of Properties in Portfolio

275

Value of Properties in Portfolio 1

$29,719,000

Number of Properties Disposed 2

10

Number of Housing Units Created 3

103 units serving buyers with incomes in the 50-100% AMI range

For Operations: City of Atlanta $ 798 ,000 Fulton County $ 1 1 3,223 Total $ 911,223

Annual Funding - Public Source

For Programs: City of Atlanta $ 1,311,900

Annual Funding - Internally Generated

$28,608

Properties/Units Acquired 4

35

1 approximate market value based on Fulton County Tax Assessor data 2 either transferred to a partner or sold and returned to active tax status

3 construction completed and may not be occupied 4 includes Land Banking Depository Program properties

Metro Atlanta Land Bank // Annual Report 2024

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