The One Atlanta: Housing Affordability Action Plan outlines a bold vision to achieve Mayor Bottoms’ vision to provide a pathway to affordable and equitable housing opportunities for all who desire to call Atlanta home.
Atlanta’s population is increasing, but new housing construction has focused on higher-cost demand.
In 2017, Atlanta was the third fastest growing metropolitan region in the United States. As our population grows, many of our long-term residents are experiencing challenges related to affordable housing, particularly as much of the new residential development has focus on higher-cost units.
While our economy has grown over the last decade, wages have not kept pace with rising rents.
Between 2000 and 2017, Atlanta’s median rent increased by over 70%, but Atlanta’s median income only increased by 48%.
There is a growing gap between what people can afford versus what people are making.
As housing costs have grown, more Atlantans have been forced to spend a greater percentage of their income on housing costs. In 2016, more than half of Atlantans were considered housing-cost burdened.
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James Martin has the distinction of owning the City’s first-ever, permitted container home. Take a tour of the Martin family home and learn more about this innovation in affordable housing by clicking the photo below.