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Solutions for Sustainable CommunitiesLong Term Affordability of Location-Efficient Development

September 26, 2011

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Largest Urban Redevelopment Project in the U.S. • $2.8 billion over 25 years• 6,500 acre redevelopment area• 8% of City of Atlanta

Improves Quality of Life• Connects 45 neighborhoods• 22 miles of light rail transit• 33 miles of trails• 1,300 acres of new parks• $240 million of affordable workforce housing

Promotes Sustainable Development• Complete communities (live, work, play, pray, learn)• Transit oriented• Pedestrian friendly• Reclaims blighted industrial properties• Environmentally sustainable features

Generates $20 billion of new private development

The Atlanta BeltLineOverview

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Strategic Objective Program Area

•Raise private sector funding to advance Atlanta BeltLine implementation Capital Campaign

•Cultivate broad based support and build high levels of awareness, education, and ownership

Awareness, Education & Ownership

•Catalyze the affordable housing, job creation, healthier living and other social objectives that comprise the Atlanta BeltLine vision

Social Impacts

• Shepherd private sector resources to secure public sector funding for Atlanta BeltLine implementation

Stewardship• Expedite the resolution of issues that may hinder

implementation of the Atlanta BeltLine• Facilitate the incorporation of the best ideas and best

practices from the private sector into the Atlanta BeltLine

The Atlanta BeltLine PartnershipStrategic Objectives

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Strategic Objective Program Area

•Raise private sector funding to advance Atlanta BeltLine implementation Capital Campaign

•Cultivate broad based support and build high levels of awareness, education, and ownership

Awareness, Education & Ownership

•Catalyze the affordable housing, job creation, healthier living and other social objectives that comprise the Atlanta BeltLine vision

Social Impacts

• Shepherd private sector resources to secure public sector funding for Atlanta BeltLine implementation

Stewardship• Expedite the resolution of issues that may hinder

implementation of the Atlanta BeltLine• Facilitate the incorporation of the best ideas and best

practices from the private sector into the Atlanta BeltLine

The Atlanta BeltLine PartnershipStrategic Objectives

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A 99-year ground lease between CLT and owner ensures owner-occupancy and responsible use and outlines fees paid to the CLT.

Land is owned by the Community Land Trust, which is governed by a non-profit board.

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.

Community Land Trusts (CLTs)How They Work

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• Implements a permanently affordable housing solution on the front end of a large-scale urban redevelopment project

• Unprecedented collaboration between public, private, non-profit and community partners

• Innovative model for CLTs that balances the principle of community empowerment and the need for economies of scale and efficiency.

The Atlanta Land Trust CollaborativeA National Model

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Jan. ‘07 Sep. ‘07 Feb. ‘08

Like

lihoo

d of

CLT

impl

emen

tatio

n

May ‘08

ABLP, National CLT Network, and Morehouse host CLT training in Atlanta in May

Sep ‘08

ABLP, AHAND and Atlanta Civic Site convene CLT Development Committee

ABLP engages leading national expert John Davis of Burlington Associates to assist with CLT development in Atlanta

Atlanta BeltLine Partnership (ABLP) begins exploration of CLTs

Case competition with Emory MBA and Law students produces models for CLTs in Atlanta

Present

CLT Development Committee meets throughout 2009 and develops the framework for creating CLTs in Atlanta

Dec ‘09

The Atlanta Land Trust Collaborative is incorporated in December 2009, first Board meeting in Jan. 2010,Executive Director hired Oct. 2010

Ongoing work of ALTC, ABLP and partners, including:• Advancement of demonstration

projects• Development of financial

products with banks• Coordination of policies with

City agencies• Securing local and national

funding

The Atlanta BeltLine PartnershipProcess for Building Support for the ALTC

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Rob BrawnerProgram DirectorAtlanta BeltLine Partnership

Rob@AtlBeltLinePartnership.org404-446-4405

Contact Information