Strategic Articulation - Fulton County City of Atlanta LBA

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 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 City and County.

EXTINGUISH past due tax liens held by Fulton County and the City of Atlanta to facilitate the return to productive use.

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

Primary

Number of Properties Disposed

Number of 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

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