Atlanta leaders advances $5 billion neighborhood reinvestment plan

An Atlanta City Council committee has unanimously approved a $5 billion plan aimed at revitalizing long-neglected neighborhoods across the city.

Members of the City Council’s Finance-Executive Committee voted 7-0 to advance Mayor Andre Dickens’ Neighborhood Reinvestment Initiative.

The plan would use property tax revenue to invest in Atlanta’s historically underserved south and west neighborhoods through affordable housing, infrastructure improvements and economic development while preventing the displacement of longtime residents…

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