Invest Atlanta Approves $8.7M in TAD Grants for Affordable Housing
Invest Atlanta approved $8.71 million in TAD grants for affordable housing developments across Atlanta, with units targeted to households earning 30 to 80 percent of area median income.
The Invest Atlanta Board approved $8.71 million in tax allocation district grants on August 28, 2026, to fund affordable housing developments. The units will serve households earning 30 to 80 percent of area median income.
One recipient, Proctor + Paines, is a Westside Future Fund development at 383 Paines Ave NW on the former New Jerusalem Baptist Church site. It received a $1.5 million Westside TAD Ascension Fund grant, with additional financing from the Robert W. Woodruff Foundation.
The project comprises 25 multifamily units and 10 single-family homes. All multifamily units are reserved for households earning 30 to 80 percent of AMI. Plans call for revitalizing the existing church structure rather than clearing the site. Amenities include a communal pavilion, covered parking, and terraced pedestrian access between Proctor Street and Paines Avenue.
As of June 2026, Proctor + Paines remains in planning, permitting, and pre-construction, with no groundbreaking date announced.
- Units
- 330
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