VISION SNAPSHOTS When we want to see it
VISION SNAPSHOTS When we want to see it
VISION SNAPSHOTS When we want to see it
Our headlines representing our aspirational visions realized; Photos from the future
Our headlines representing our aspirational visions realized; Photos from the future
Our headlines representing our aspirational visions realized; Photos from the future
ECONOMIC OPPORTUNITY
AFFORDABLE HOUSING
VIBRANT COMMUNITIES
START SMALL 2025
SCALE FAST 2027
THINK BIG 2029 AND BEYOND
START SMALL 2025
SCALE FAST 2027
THINK BIG 2029 AND BEYOND
START SMALL 2025
SCALE FAST 2027
THINK BIG 2029 AND BEYOND
2024
2024
2024
COMMERCIAL
ACCESSIBILITY
TRANSIT DEVELOPMENT
Selling fee simple properties with primary focus on a ordable housing product
Communities of a ordable housing near public transit situated near commercial hubs
Identify commercial nodes of focus
Acquired first commercial property
Many a ordable housing developments give residents access to public transit, schools, and commercial hubs
Acquiring land and properties in highly sought after areas and infusing/ensuring a ordable rental
Completed surplus property project with Atlanta Public Schools (APS)
Use Atlanta Public Schools (APS) program + Star-C Model as SOP for new partners
Making property available for development that can include small developers.
Acquired land near public transit
Developed strategic action plan for housing
Successful development of multiple mixed (residential & commercial) properties.
and ownership opportunities.
AFFORDABILITY PARTNERS
NEIGHBORHOOD TRANSFORMATION
CITY/COUNTY ACQUISITION AGENT
Partnering with more community land trusts for permanent a ordability or those organizations willing to do long term (30+ years) a ordability
Partnering with ALT, AH, and IA to provide a ordable housing opportunities in the community.
Launched MALB Land Trust and supportive program
Accelerate program with vetted land trust(s)
Provided turn-key solutions to partner organizations
Successful transaction out of MALB inventory to begin restoring tax revenue
Fine tune commercial operations with capacity needs of commercial development
A ordable housing situated near commercial hubs where residents support local commerce
Preservation of permanent a ordable housing in mixed income,
Selected neighborhoods + partner organizations
Acquired properties with methodologies in place
MALB is a buyer’s agent for the City of Atlanta.
sought after communities
DEVELOPER OPPORTUNITY
TRANSFORMATION
EQUITY
Removing obstacles to
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)
New and rehabilitated housing with less crime and nuisance. Improved aesthetic.
Completed a ordable mixed-use
Identify neighborhood / property
Secured monetary resources to begin work
Expanding the Permanent A ordability
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)
development thus returning vacant, blighted properties to the tax rolls.
communities for working class and low income for workforce housing and moderate to low-income housing
Program beyond the pilot + with additional partners
DIVERSIFIED FUNDING
Received foundation funds
Received IRS designation of 501(c)(3) status
Increase in available capital to be used by MALB for acquisition.
Selling fee simple vacant lots to entities with experience (job opportunities) versus individuals for the development of a ordable housing
SCALE HOUSING
DEVELOPER PARTNERS
Completion of 500 units of a ordable housing during 5-year period
Verbena Land swap and the Thomasville Heights property acquisition.
More joint ventures with developers for a ordable mixed income, mixed use
The partnerships with AH, Invest Atlanta and the City of Atlanta
Develop model + SOP for joint ventures
Identified qualified pool of developers
Complete 2 multi-family
Completed additional
developments (Low-income housing tax credit)
multi-family development (Atlanta housing)
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