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Strategic Articulation - Metro Atlanta Land Bank

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Strategic Articulation - Metro Atlanta Land Bank

STRATEGIC ARTICULATION MAP 2020 - 2024 www.metroat lantalandbank.org

PURPOSE // What we will do to get there

The Purpose of the Metro Atlanta Land Bank is to:

ACQUIRE Title to Tax Delinquent, Vacant, Abandoned, Dilapidated and Other Properties which it will in turn inventory, classify, manage, maintain, protect, rent, lease, repair, insure, alter, sell, trade, exchange or otherwise dispose of under such terms and conditions.

EXTINGUISH Past Due Tax Liens Held by Fulton County and the City of Atlanta to facilitate the return to productive use.

RETURN Non-revenue Generating, Non-tax Producing Property to an Eective Utilization Status in order to support the creation of market and aordable housing, public space, new industry and jobs for the citizens of the City and County.

HEADLINE INDICATORS // How we will know we’ve done it

Amount of New/Incremental Tax Revenue Collected

Value of Properties in Portfolio

Number of Properties in Portfolio

Primary

Number of Properties Disposed

Number of Housing Units Created

• Total Private Investment in Projects • Total Public Investment in Projects • Incremental Property Value Increase • Total Aordable Units by AMI%

• Annual Funding - Public Source • Annual Funding - Private Source • Properties/Units Acquired • Demographics Served (race, age, income, disability)

Secondary

Facilitated by

1

Published and Adopted by MALB Board in April 2020

CORE VALUES // How we will accomplish this

The MALB will be guided by the following seven principles:

Transparency

Accountability

Professionalism

Equity

Customer Focus

Collaboration

Innovation

OUR FORTE What we are uniquely well positioned to do

STRENGTHS What we’re really good at

PASSIONS What we love to do

MOTIVATIONS What drives and fuels us

• Providing opportunities for local, small and medium sized developers/nonprofits/ community development corporations to shape the communities in which they live, work, and play • Creating safe, secure, aordable housing which leads to a more stable life and greater economic opportunity • Having a true impact by transforming neighborhoods into thriving communities

• Revitalizing properties in underdeveloped and underutilized communities • Leveraging our powers to provide opportunities that benefit the community • Solving challenging issues by taking a cross organizational, collaborative approach for the benefit of the residents of Atlanta

• Mission driven organization • Identifying properties that can be turned into revenue tax generating properties • Clear leadership and vision • Consistent track record of high performance and >Page 1 Page 2 Page 3 Page 4

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