Housing affordability challenges are acutely felt amongst renters in the Atlanta region. Addressing the need for affordable housing across the region will require a concerted, multifaceted strategy that increases the supply of homes available to households across the income spectrum and preserves affordability where it currently exists.
Preservation of the existing affordable housing stock is a particularly urgent challenge. From 2010–2014, there was a 17 percent reduction in the number of units renting at less than $500, and a 15.7 percent reduction in the number of units renting from $500–750. According to data from the National Housing Preservation Database, subsidy restrictions are set to expire for 21,007 affordable units in Cobb, Clayton, DeKalb, Fulton, and Gwinnett Counties by 2020.
At the June 2017 Meeting of the Atlanta Regional Housing Forum, presenters will demonstrate and discuss the Affordable Housing Preservation Data Tool, an online mapping website developed by Enterprise Community Partners, Neighborhood Nexus, and the Atlanta Regional Commission. There will also be a discussion of Atlanta’s Affordable Housing Preservation Challenge – an idea competition intended to generate innovative, implementable proposals, and strengthen tools already available for the acquisition and preservation of affordable rental homes across the Atlanta region. The winner of the Challenge will be announced and presentations will be made by the winner and finalists. Finally, the forum will conclude with a presentation on the Living Transit Fund, a recommendation of the TransFormation Alliance for an Equitable Transit-Oriented Development initiative funded by a proposed allocation of sales tax.