After recognizing potential shortfalls in affordable housing, Atlanta's Mayor Andre Dickens inspired solutions from Copenhagen’s model. By assessing the city’s extensive public land holdings and establishing the Atlanta Urban Development Corporation, which fosters public-private partnerships, the city is tackling its housing crisis effectively. The innovative approach has led to the development of 10,000 new affordable housing units, with an additional 40 projects in progress. This model may serve as a blueprint for other cities facing similar challenges.
So they also created a housing strike force to break down silos between departments and then launched a new non-profit corporation, the Atlanta Urban Development Corporation (AUD), to attract private financing and expertise.
The result has been a surge of development - 40 public land projects are under way, with 10,000 new affordable housing units finished or under construction.
Atlanta has definitely cracked the code on public assets... this will become a new model that gets repeated all across the country.
Estimates from his staff showed the city would fall more than 4,000 units short of the promised 20,000 new units of affordable housing.
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