SOAR FINDINGS – PARTNERS AND VENDORS
STRENGTHS
OPPORTUNITIES
RESULTS
ASPIRATIONS
It's the only land bank in Metro ATL or at least the largest operating one. Land Banks are critical tools for clearing title and extinguishing taxes Waiver of taxes Helping build capacity for our organization. For our real estate holding the MALB has been able to maintain the properties, keep them compliant Community outreach and engagement and its growing our opportunities Their team is consistent and easy to work with Good to work with when they’re developing an area. Communication with leadership and staff has been seamless
Fulton tax commissioner is a threat There is much unused potential with the landbank that is a shame! Political will is great right now for affordable housing; MALB is uniquely positioned to help. But they need to be more visible as an integral tool Stronger alignment with affordable housing developers..... I am not aware of the Land Bank's specific programs or goals beyond the traditional banking and tax extinguishment purposes. Trends that align with strength: property tax trends aren't coming down anytime soon. It would be good if we had a better understanding of the role MALB plays I understand trying to address affordable housing, but I would like to see a healthy balance
Work more collaboratively with non- profits seeking to put properties in MALB....this would include a re- evaluation of fees associated with work Cheaper in some cases to not use Land Bank instead of.... MALB should work more diligently to hold themselves to a higher standard when it comes to property maintenance Set the context by gathering and sharing the data of what properties need to be "cleaned" and returned to the market - - properties eligible for MALB Land Bank needs to have their own funds so they can move faster, because construction pricing is high fluctuating
Non-profits being eager to use MALB....current fee structure and maintenance standards are issues that need to be resolved to achieve success % of partners surveyed who say they have a good working relationship with the MALB. # of affordable properties developed, preserved and/or maintained % of partners surveyed who say the MALB helps them achieve their goals effectively Annual production - are all nonprofits using land bank and cycling properties in/out? Housing is one of the biggest problems in the city of Atlanta so affordability and being able to carve out these spaces for folks to be able to live is something that's hugely important
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