Mayor Dickens rolls out a $5 billion neighborhood reinvestment plan, asking Atlanta to extend its tax-allocation districts to 2050

Wed, 01 Oct 2025 16:30:00 -0400

Mayor Andre Dickens unveiled a $5 billion Neighborhood Reinvestment Initiative on Tuesday, a sweeping plan that would direct fresh city money into affordable housing, transit, and grocery and health-care access in seven historically underinvested Atlanta neighborhoods — but only if the city can extend the lifespan of its eight tax-allocation districts until 2050.

The mayor announced the plan at a Tuesday-morning event and released a draft project list that the city’s economic-development team has been compiling since the spring. The plan still requires sign-off from the Atlanta City Council, Fulton County, and Atlanta Public Schools, all of whom would need to forgo property-tax revenue they would otherwise collect for the next 25 years.

Neighborhood-Reinvestment on WACN 21 News

Mayor Dickens rolls out a $5 billion neighborhood reinvestment plan, asking Atlanta to extend its tax-allocation districts to 2050