Solutions for Sustainable CommunitiesLong Term Affordability of Location-Efficient DevelopmentSeptember 26, 2011
The Atlanta BeltLineOverviewLargest Urban Redevelopment Project in the U.S. $2.8 billion over 25 years
6,500 acre redevelopment area
8% of City of AtlantaImproves Quality of LifeConnects 45 neighborhoods
22 miles of light rail transit
33 miles of trails
1,300 acres of new parks
$240 million of affordable workforce housingPromotes Sustainable DevelopmentComplete communities (live, work, play, pray, learn)

SSC2011_Rob Brawner PPT

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    Solutions for SustainableCommunitiesLong Term Affordability of Location-Efficient DevelopmentSeptember 26, 2011
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    The Atlanta BeltLineOverviewLargestUrban Redevelopment Project in the U.S. $2.8 billion over 25 years
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    8% of Cityof AtlantaImproves Quality of LifeConnects 45 neighborhoods
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    22 miles oflight rail transit
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    $240 million ofaffordable workforce housingPromotes Sustainable DevelopmentComplete communities (live, work, play, pray, learn)
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    Environmentally sustainable featuresGenerates$20 billion of new private development
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    The Atlanta BeltLinePartnershipStrategic Objectives
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    The Atlanta BeltLinePartnershipStrategic Objectives
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    Community Land Trusts(CLTs)How They WorkLand is owned by the Community Land Trust, which is governed by a non-profit board.A 99-year ground lease between CLT and owner ensures owner-occupancy and responsible use and outlines fees paid to the CLT.Buildings (residential or commercial) are owned by individuals. Because they pay only for the structure, and not the underlying land, purchasing the building is more affordable.A resale formula built in to the ground lease is designed to keep homes affordable for subsequent buyers.
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    The Atlanta LandTrust CollaborativeA National ModelImplements a permanently affordable housing solution on the front end of a large-scale urban redevelopment project
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    Unprecedented collaboration betweenpublic, private, non-profit and community partners
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    Innovative model forCLTs that balances the principle of community empowerment and the need for economies of scale and efficiency.ABLP, National CLT Network, and Morehouse host CLT training in Atlanta in MayABLP, AHAND and Atlanta Civic Site convene CLT Development CommitteeCLT Development Committee meets throughout 2009 and develops the framework for creating CLTs in AtlantaCase competition with Emory MBA and Law students produces models for CLTs in AtlantaThe Atlanta BeltLine PartnershipProcess for Building Support for the ALTCAtlanta BeltLine Partnership (ABLP) begins exploration of CLTsLikelihood of CLT implementationOngoing work of ALTC, ABLP and partners, including: Advancement of demonstration projects
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    Development of financialproducts with banks
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    Coordination ofpolicies with City agencies
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    Securing local andnational fundingABLP engages leading national expert John Davis of Burlington Associates to assist with CLT development in AtlantaThe Atlanta Land Trust Collaborative is incorporated in December 2009, first Board meeting in Jan. 2010,Executive Director hired Oct. 2010Jan. ‘07Sep. ‘07Feb. ‘08May ‘08Sep ‘08PresentDec ‘09
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