A Fund to Increase Transit-Oriented Development in the City
Low-interest Loans Available to Affordable Housing Real Estate Developers
Assistance to get your affordable housing development near transit up and going.
Low-interest Loans Available to Affordable Housing Real Estate Developers
Invest Atlanta, Enterprise Community Loan Fund and the Low Income Investment Fund have teamed up to create a $15 million transit-oriented development (TOD) fund. The $15 million pilot fund provides below-market, patient capital to support the acquisition and pre-development of workforce housing near MARTA stations, the Atlanta Streetcar, the Atlanta BeltLine and other modes of transit.
The fund includes $4.5 million of City of Atlanta Housing Opportunity Bond financing with an additional $10.5 million from Enterprise Community Loan Fund and the Low Income Investment Fund.
For more information, contact:
Ryan Fleming, Senior Loan Officer, Enterprise Community Loan Fund
W: (404) 698-4614, rfleming@enterprisecommunity.org
OR
LaToya Kyle, Vice President, Southeast Region, Low Income Investment Fund (LIIF)
W: (404) 942-3344, C: (404)784-4006, lkyle@liifund.org