VISION SNAPSHOTS // When we want to see it
The below are the headlines representing our aspirational visions realized
THINK BIG 2024
VIBRANT COMMUNITIES
AFFORDABLE HOUSING
ECONOMIC OPPORTUNITY
• MALB inspires abundant growth of mixed income and intergenerational communities • MALB and its partners lead the way in eliminating blight in Atlanta • MALB partners with multiple developers to decrease food deserts
• MALB delivers 1000th a ordable housing unit • MALB converts 1500th property for occupation, rehabilitation and/or construction
• MALB celebrates the completion of a major commercial center with a ribbon cutting ceremony • MALB fulfills purpose in a manner that attracts and capitalizes on social impact investing
START SMALL 2020
VIBRANT COMMUNITIES
AFFORDABLE HOUSING
ECONOMIC OPPORTUNITY
• MALB wins the hearts and minds of all Fulton County Commissioners/City Council members who are working to create vibrant communities for their constituents • MALB increases its capacity via expansion to additional cities • MALB announces new name to include multiple municipalities
• MALB completes the acquisition and assemblage for its 3rd a ordable housing development • MALB awards land to local community development corporation and/or the Atlanta Land Trust for an a ordable housing project • MALB deploys a place-based approach to
• MALB raises $10MM for first private equity investment vehicle • MALB acquires first commercial property • MALB capitalizes on potential economic
down cycle (recession) and buys property to restore it to productive utilization
reclaiming and rejuvenating a neighborhood block by block
SCALE FAST 2022
VIBRANT COMMUNITIES
AFFORDABLE HOUSING
ECONOMIC OPPORTUNITY
• MALB and its partners celebrate the revitalization of its 10th formerly blighted street • MALB encourages stakeholders to embrace density (a ordable fee-simple townhomes, multi-family residences and micro-housing) • MALB seeks energy e ciency on all of its projects to increase a ordability • MALB accepts donations of surplus property from faith-based institutions
• MALB continues execution of One Atlanta strategy for the acquisition, disposition, and equitable redevelopment of residential and commercial property in targeted neighborhoods • MALB launches PILOT (Payment in Lieu of Taxes) Program (if statutorily authorized) • MALB partners with a ordable housing developers to reduce land and project costs
• MALB celebrates substantial annual funding provided by the City of Atlanta, Fulton County (and future municipalities) • MALB secures an additional $10MM of private equity to advance its mission • MALB completes its 1st joint venture, commercial development
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