Westside Future Fund Announces New Round of Affordable Housing Development to Benefit Legacy Residents on Atlanta’s Historic Westside
John Ahmann, President and CEO of the Westside Future Fund (WFF), announced today that the nonprofit would soon start more affordable housing development activity, thanks to its public-private partnership with Atlanta Mayor Keisha Lance Bottoms, Invest Atlanta, and Atlanta Housing. WFF will begin the development of approximately 50 vacant single-family lots and 36 multi-family apartments, primarily in the English Avenue neighborhood, with occupancy targeted for early 2021. WFF purchased these lots and apartments as part of its “Home on the Westside” community retention program, and Atlanta Housing approved project-based Homeflex vouchers to enable development.
“Affordable housing is a key component of our Administration’s One Atlanta Housing Affordability Plan and Economic Mobility Plan,” said Mayor Bottoms. “The work of the Westside Future Fund, in conjunction with Invest Atlanta and Atlanta Housing, shows what we can do when public and private partners collaborate on sustainable change. Thank you to the partners and donors for serving as a powerful catalyst for fueling progress toward economic equity for underserved Atlantans through the Home on the Westside development.”
In alignment with WFF’s core commitment to community retention and partnership with the Bottoms Administration, WFF has committed nearly $80 million to date to acquire and develop high quality, affordable housing. Current WFF holdings include over 250 multi-family units and more than 100 single-family lots.