City of Atlanta Fulton County Land Bank Articulation Map

STRATEGIC ARTICULATION MAP 2020 - 2024 fccalandbank.org

PURPOSE // What we will do to get there The purpose of the Fulton County/City of Atlanta Land Bank Authority is to: ACQUIRE title to tax delinquent, vacant, abandoned, dilapidated and other properties which it will in turn inventory, classify, manage, maintain, protect, rent, lease, repair, insure, alter, sell, trade, exchange or otherwise dispose of under such terms and conditions. RETURN nonrevenue generating, non-tax producing property to an eective utilization status in order to provide market and aordable housing, public space, new industry and jobs for the citizens of the City and County. EXTINGUISH past due tax liens from foreclosed property upon by Fulton County and the City of Atlanta in their tax collection capacities.

HEADLINE INDICATORS // How we will know we’ve done it

Primary

Number of Properties in Portfolio

Value of Properties in Portfolio

New/Incremental Tax Revenue Collected

Number of Properties Disposed

Housing Units Created

• Total Private Investment in Projects • Total Public Investment in Projects • Incremental Property Value Increase • Total Aordable Units by AMI%

• Annual Funding - Public Source • Annual Funding - Private Source • Properties/Units Acquired • Demographics Served (race, age, income, disability)

Secondary

VISION // What we want to see The Fulton County/City of Atlanta Land Bank Authority (“LBA”) will create:

Our Vision per legislation The Fulton County/City of Atlanta Land Bank Authority (“LBA”) will serve as a central vehicle for returning all tax-delinquent and non-revenue producing property within Atlanta and Fulton County to a productive status. This will simultaneously create vibrant communities, aordable housing and economic opportunity. The LBA will operate as the premier Land Bank Authority within the region and the United States and will serve as an example and facilitator of best practices.

Economic Opportunity

Vibrant Communities

Aordable Housing

by providing

Market and Aordable Housing

Public Space

New Industry and Jobs

for the citizens of the City and County.

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