Atlanta's Bold Approach to Housing Affordability
It’s a familiar story in many cities across the U.S., felt acutely in the fast-growing metropolitan region of Atlanta: Wages have not kept pace with rising rents. In 2016, more than half of Atlantans were considering housing cost-burdened, which means spending more than 30 percent of their income on housing.
But in June of this year, Atlanta launched the first-of-its-kind One Atlanta: Housing Affordability Action Plan to produce and protect affordable housing, defend against displacement, and ensure equitable growth benefiting all Atlantans. The Plan’s visionary goals include creating or preserving 20,000 affordable homes by 2026 and investing $1 billion towards affordable housing from public, private, and philanthropic sources.
Episode 10 of my Building Blocks podcast explores Atlanta’s housing affordability landscape – past, present, and future – and how the Plan is functioning to put the city ahead of a looming crisis. I was honored to host in the studio:
- Terri Lee, chief housing officer (CHO) for the City of Atlanta, who spearheaded the Plan and is one of only two CHOs in the country
- Adam Freed, principal leading the Sustainability Practice at Bloomberg Associates, an international nonprofit consulting service that worked on the Plan’s development and strategy
- Meaghan Shannon-Vlkovic, Enterprise’s vice president and market leader for our Southeast market, which has been working closely with the City of Atlanta to support its ambitious affordable housing goals
Don’t miss our conversation about the collective effort to grow Atlanta responsibly and what other cities can learn from this pioneering work.