Equity Atlanta Collaborative is an effort to promote equitable, mixed-income communities and rebuild residential and commercial markets in low-income urban and suburban neighborhoods across the Atlanta metro through complementary investments in high-quality, affordable housing and local businesses.
The Equity ATL Collaborative is a partnership of Atlanta Neighborhood Development Partnership, Inc. (ANDP), Access to Capital for Entrepreneurs (ACE) and Reinvestment Fund, and is supported by JPMorgan Chase through its PRO Neighborhoods initiative.
PRODUCTS & SERVICES
Equity Atlanta Collaborative offers technical assistance and lending resources for important projects such as building affordable housing, health and education facilities, opening retail centers, and supporting mainstreet businesses in key neighborhoods.
TARGET AREA
Equity Atlanta Collaborative resources are available to nonprofit and forprofit businesses and developers in Metro Atlanta, with a special focus on:
- Neighborhood Planning Unit V communities of Mechanicsville, Capitol Gateway, Summerhill, Peoplestown, Pittsburgh, and Adair Park
- Atlanta Westside neighborhoods
- Gwinnett County
RESOURCES AVAILABLE
Technical assistance: Low-cost technical assistance to prospective borrowers who are low capacity and in need of additional assistance before having their projects funded. Services available:
- Determining the financial feasibility of borrower projects or businesses
- Identifying additional capital sources
- Business plan development
- Software training
Loans: Capital available for predevelopment, acquisition, construction, bridge and New Markets Tax Credit financing for the following asset types:
- Affordable housing
- Small business
- Education–early learning through higher education
- Healthy food access
- Health care
Have questions about these products and services? Click HERE to contact us.
Article originally published in ANDP newsletter dated 3/29/18