STRATEGIC ARTICULATION MAP 2025 - 2029 www.metroatlantalandbank.org
PURPOSE What we will do to get there
The Purpose of the Metro Atlanta Land Bank 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.
EXTINGUISH Past Due Tax Liens Held by Fulton County, City of Atlanta and other municipal partners to facilitate the return to productive use.
RETURN Non-revenue Generating, Non-tax Producing Property to an Eective Utilization Status in order to support the creation of market and aordable housing, public space, new industry and jobs for the citizens of the member cities and the County.
Facilitated by
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Published and Adopted by MALB Board in 2024
VISION What we aspire to see
Vibrant Communities
Market and Aordable Housing
Economic Opportunity
Land and Real Property
Public Space
CORE VALUES What values will center our work
The MALB will be guided by the following eight principles:
Transparency
Accountability
Professionalism
Equity
Partner Collaboration
Innovation
Community Centered
Stakeholder Focus
DIFFERENTIATORS Things we must do dierently going forward
More and better community outreach
Be more innovative
Educate the public
Strengthen our brand and awareness of our work with ALL stakeholders
Engage brand ambassadors and champions
Facilitated by
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VISION SNAPSHOTS When we want to see it Our headlines representing our aspirational visions realized; Photos from the future
VIBRANT COMMUNITIES
START SMALL 2025
SCALE FAST 2027
THINK BIG 2029 AND BEYOND
2024
TRANSIT DEVELOPMENT
Acquiring land and properties in highly sought after areas and infusing/ensuring aordable rental and ownership opportunities.
Acquired land near public transit
Developed strategic action plan for housing
Communities of aordable housing near public transit situated near commercial hubs
CITY/COUNTY ACQUISITION AGENT
MALB is a buyer’s agent for the City of Atlanta.
Preservation of permanent aordable housing in mixed income, sought after communities
Selected neighborhoods + partner organizations
Acquired properties with methodologies in place
TRANSFORMATION
Completed aordable mixed-use communities for working class and low income for workforce housing and moderate to low-income housing
New and rehabilitated housing with less crime and nuisance. Improved aesthetic.
Identify neighborhood / property
Secured monetary resources to begin work
DEVELOPER PARTNERS
Verbena Land swap and the Thomasville Heights property acquisition.
Develop model + SOP for joint ventures
Identified qualified pool of developers
More joint ventures with developers for aordable mixed income, mixed use
Facilitated by
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VISION SNAPSHOTS When we want to see it Our headlines representing our aspirational visions realized; Photos from the future
AFFORDABLE HOUSING
START SMALL 2025
SCALE FAST 2027
THINK BIG 2029 AND BEYOND
2024
ACCESSIBILITY
Selling fee simple properties with primary focus on aordable housing product
Completed surplus property project with Atlanta Public Schools (APS)
Use Atlanta Public Schools (APS) program + Star-C Model as SOP for new partners
Many aordable housing developments give residents access to public transit, schools, and commercial hubs
AFFORDABILITY PARTNERS
Partnering with more community land trusts for permanent aordability or those organizations willing to do long term (30+ years) aordability
Partnering with ALT, AH, and IA to provide aordable housing opportunities in the community.
Accelerate program with vetted land trust(s)
Launched MALB Land Trust and supportive program
EQUITY
Expanding the Permanent Aordability Program beyond the pilot + with additional partners
Equitable opportunities for people who come from lower incomes to be able to purchase homes and start the work to change their tax bracket/economic status
Partner organizations and home buyers identified
Develop an equitable policy (income based)
SCALE HOUSING
The partnerships with AH, Invest Atlanta and the City of Atlanta
Complete 2 multi-family developments (Low-income housing tax credit)
Completed additional multi-family development (Atlanta housing)
Completion of 500 units of aordable housing during 5-year period
Facilitated by
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VISION SNAPSHOTS When we want to see it Our headlines representing our aspirational visions realized; Photos from the future
ECONOMIC OPPORTUNITY
START SMALL 2025
SCALE FAST 2027
THINK BIG 2029 AND BEYOND
2024
COMMERCIAL
Making property available for development that can include small developers.
Identify commercial nodes of focus
Acquired first commercial property
Successful development of multiple mixed (residential & commercial) properties.
NEIGHBORHOOD TRANSFORMATION
Successful transaction out of MALB inventory to begin restoring tax revenue
Provided turn-key solutions to partner organizations
Fine tune commercial operations with capacity needs of commercial development
Aordable housing situated near commercial hubs where residents support local commerce
DEVELOPER OPPORTUNITY
Removing obstacles to development thus returning vacant, blighted properties to the tax rolls.
More mixed income development & use that have commercial options as a component
Developed more robust relationships with commercial developers
Incentivized commercial development with free land MALB acquired (ground lease)
DIVERSIFIED FUNDING
Selling fee simple vacant lots to entities with experience (job opportunities) versus individuals for the development of aordable housing
Received IRS designation of 501(c)(3) status
Received foundation funds
Increase in available capital to be used by MALB for acquisition.
Facilitated by
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STRATEGIC PRIORITIES
DELIVER ON OUR PROMISE
STRENGTHEN OUR CAPABILITY
TELL OUR STORY
GROW OUR IMPACT
CRITICAL INITIATIVES
PERFORMANCE (MEASURES, REPORTING)
PURSUE MORE MULTI-FAMILY AND COMMERCIAL PROPERTIES
STRENGTHEN AFFORDABLE HOUSING PURSUIT AND FOCUS
DEVELOP AND EXECUTE FUND DEVELOPMENT STRATEGY
STAKEHOLDER ENGAGEMENT
STRATEGICALLY IDENTIFY PARCELS
GROW OUR HIGH PERFORMING TEAM
MUNICIPAL PARTNER HOUSING INITIATIVES
STRENGTHEN AND GROW BRAND
STRENGTHEN DONATION PROGRAM
NEIGHBORHOOD TRANSFORMATIONS
GROW PARTNERSHIPS
CITY COUNCIL / COUNTY COMMISSIONER ENGAGEMENT
INTRODUCE, STRENGTHEN AND INNOVATE LAND BANK PROGRAMS
GROW OUR TERRITORY, REACH AND INFLUENCE
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