November 19, 2025
This system presents focused tax help to keep away from displacement, together with extra initiatives that cowl crucial dwelling downpayment applications
Make investments Atlanta is offering tax aid to the town’s senior residents amid gentrification and redevelopment.
An anti-displacement and property tax aid program is permitting financially strained and susceptible residents to remain of their properties. New residence complexes and inexperienced areas have pushed property values larger. Moreover, the revitalization of the town’s Beltline attracts new companies and a wealthier demographic.
In accordance with Make investments Atlanta, over three-quarters of recipients are Black girls. This system presents focused tax help to keep away from displacement. Moreover, the group presents downpayment help for academics, first responders, and different metropolis employees,
Roughly 425 Atlanta householders have benefited from this system. For essentially the most half, eligibility necessities are easy:
- Atlanta House owner since 2015
- Be aged 60 or older
- Have proof of possession
- Have a family revenue of 60% AMI or beneath
- Be actively enrolled in qualifying homestead exemption applications
- Haven’t any liens or damaging encumbrances
Kathryn Copper, a resident who has lived in her dwelling for greater than 30 years, mentioned the escalating worth of close by improvement left her unsure about her future.
“What had occurred round me led me to surprise if I might proceed residing within the metropolis,” Cooper informed 11Alive.
The Make investments Atlanta aid program stabilized her housing prices and gave her much-needed peace of thoughts.
“It was a aid to know I might get to remain in my dwelling regardless of all of the change round me,” she mentioned.
Dr. Eloisa Klementich, CEO of Make investments Atlanta, mentioned many residents who helped form the town are actually prone to being priced out resulting from tax will increase.
“We’ve actually focused those that are essentially the most susceptible within the metropolis, and we’re excited we’re in a position to deal with them as a result of many of those seniors are on fastened revenue,” Klementich informed 11 Alive. “What we wish to do is proceed to welcome folks, however we didn’t need anybody to really feel that they had no different selection however to depart our metropolis.”
The aid program displays Atlanta’s ongoing effort to steadiness speedy progress with group preservation. As the town continues to broaden, officers say the long-term objective is to make sure that financial improvement does not displace older residents whose histories are woven into the town’s material.
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