Westside Future Fund (WFF) just completed the first full cycle of its innovative Anti-Displacement Tax Fund (ADTF) program with its first payments being made on September 21. Nearly 70 homeowners have been approved for the ADTF program this year.
The ADTF program was put in place to prevent the displacement of legacy homeowners in the English Avenue, Vine City, Atlanta University Center, Ashview Heights, Just Us and Historic Booker T. Washington neighborhoods due to increases in property taxes.
The ADTF program pays for increases in homeowners’ existing property tax bills for up to 20 years. The program operates as a grant to individuals and does NOT require participants to pay back any funds.
As part of its mission to ensure that current residents can stay in their communities for generations to come, the Westside Future Fund is providing all funding for the program, sourced from philanthropic contributions.
WFF is currently accepting applications for the 2019 tax cycle and will do so from October 2018 through March 2019. Applicants must meet specific income and residency requirements as well as live in the WFF footprint.
For details on the Anti-Displacement Tax Fund program, please: