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
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)
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.
Market and Aordable Housing
New Industry and Jobs
for the citizens of the City and County.
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