SOAR FINDINGS – STAFF
STRENGTHS
OPPORTUNITIES
RESULTS
ASPIRATIONS
Turnkey acquisition of property. Only public entity to function as real estate company and with ability to extinguish taxes. Providing affordable housing. Dual jurisdiction organization We are unique in that we can do things others cannot legally do or do not have the flexibility to do so.
The need to acquire and direct property for development of affordable housing. Partnering with the Tax Commissioner to get right of first refusal on foreclosed properties would be a game changer Fulton county needs its partnership strengthened Partnership with private capital providers. Banks and other financial institutions. Additional funding/money is needed. Affordable housing is a HOT trend and a big key to affordable housing is affordable dirt...which we can provide. Funding lapses
Reinstating Non-profit status to seek foundation funds Add more cities as formal members. Decreased financial dependence on City and County contributions Moving Tax Foreclosure forward Continuing to help eliminate blight and eliminating the epidemic of abandoned, vacant, or problem properties in the community. Can most make a difference by seeking foundation funding for increased innovation and efficiency
Meeting our strategic articulation map goals. Reworking and tracking the headline indicators to more accurately track our impact. Continued completion of projects with occupants. Increased market and assessed value and tax revenue of properties touched by MALB. Added partners - both Cities and organizations Properties moved - partners added More property and partners engaging our expertise and seeking support
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