The vision for HouseATL is for civic leadership in the City of Atlanta to have a shared, comprehensive set of policies and adequate funding to address housing affordability. One of the key barrier to achieve this vision is that affordable housing is a complicated subject matter, with a lack of knowledge and understanding. Case studies were developed to make it less complicated, to help real estate practitioners, policymakers, and other professionals better understand how affordable housing is developed and preserved.
These case studies were developed through a unique partnership with ULI Atlanta – HouseATL and GA Tech’s Master’s in Real Estate Development (MRED) program. MRED graduate students acted as technical writers to research and develop these case studies. HouseATL’s Executive Committee helped to identify and select projects in the metro Atlanta area that showcase an innovative and scalable approach to affordable housing development and preservation. These case studies specifically highlight developments and models that warrant emulating. In total, four projects have been selected. The first two case studies help illustrate the power of partnership, and how organizations can align even if they operate under different, but complementary missions.
The first case study is two homes developed by Atlanta Land Trust (ALT) and Georgia Trust for Historic Preservation (the Trust), two entities who joined forces to create a unique partnership that may not have otherwise existed. The Trust and ALT identified a mutually beneficial approach to advance their respective goals. For ALT, it was to “steward permanent affordability near the Atlanta BeltLine neighborhoods” and for the Trust the primary goal was to use historic preservation as a driver to maintain affordability and diversity, while promoting sustainability in Atlanta’s beautiful and cherished historic districts. This partnership and resulting program – the West Atlanta Preservation Initiative uses two homes to demonstrate the feasibility of rehabilitating and revitalizing neighborhoods affordably and without displacing long-term residents.
The second case study is through another unique partnership between Mercy Care and Mercy Housing, which also demonstrates a creative approach to mission-based, not-for-profit development. While both Mercy Care and Mercy Housing can point to their origins within the Sisters of Mercy, a Catholic service organization, the two nonprofits have long been independent organizations. Mercy Park represents the culmination of this partnership in a four-acre site with a 45,000 square foot Mercy Care health clinic, and a 79-unit senior housing development for seniors over the age of 62. Mercy Park is a transit-oriented development located near a MARTA stop, the Chamblee Rail Trail, and historic downtown Chamblee. The unique integration of healthcare and affordability, inclusion of senior housing and level of affordability met, as well as, location make it prime development to understand how to advance affordably while building healthy places.