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Invest Atlanta briefs Fulton commissioners on 24 TAD-funded projects and Atlantic Station closing

2379067 · January 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Invest Atlanta told the Board of Commissioners it awarded nearly $27 million in TAD financing in 2024 for 24 projects that are expected to leverage roughly $343 million in private investment and produce about 1,300 housing units, including 160 affordable units.

Invest Atlanta staff on Jan. 8 briefed the Fulton County Board of Commissioners on the agency’s fourth‑quarter Tax Allocation District (TAD) program activity and upcoming milestones, including an anticipated closure of the Atlantic Station TAD.

Jennifer Fine, vice president for planning and strategic initiatives at Invest Atlanta, told commissioners that in 2024 Invest Atlanta approved 24 distinct projects across six of the city’s nine TADs. The agency awarded nearly $27 million in TAD financing in the year; Invest Atlanta estimates the public financing leveraged about $343 million in private and other investment.

"TAD is one of the very few public financing tools impacting the retention of jobs and small…

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