Atlanta’s $300 million public/ philanthropic housing impact fund

Bryan Jeffrey Fike; Ben McAdams

doi:10.17918/00011107

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Atlanta’s $300 million public/ philanthropic housing impact fund

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Atlanta’s $300 million public/ philanthropic housing impact fund

Bryan Jeffrey Fike and Ben McAdams

25 Jun 2025

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https://doi.org/10.17918/00011107

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Abstract

Facing rising housing costs, Atlanta launched a $300 million affordable housing initiative in 2023 that blends public, philanthropic, and private capital to scale solutions beyond traditional subsidies. Anchored by a $100 million Housing Opportunity Bond and $200 million from the Community Foundation for Greater Atlanta, the effort funds new construction, preservation, and homeownership. Innovative tools—like low-cost mezzanine financing, land banking, and impact investments—support over 6,600 affordable units citywide. The initiative highlights the power of cross-sector partnerships, flexible capital, and strong public intermediaries to drive housing affordability at scale.

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Title: Atlanta’s $300 million public/ philanthropic housing impact fund
Creators: Bryan Jeffrey Fike - Drexel University, Nowak Metro Finance Lab
Ben McAdams
Publisher: Nowak Metro Finance Lab, Drexel University; Philadelphia, PA
Number of pages: 14
Resource Type: Report
Language: English
Academic Unit: Nowak Metro Finance Lab; Lindy Institute for Urban Innovation
Other Identifier: 991022062716404721

Atlanta’s $300 million public/ philanthropic housing impact fund

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