Atlanta community activists advocating on behalf of low-income Black families are raising gentrification concerns about Mayor Andre Dickens’ $5 billion neighborhood reinvestment initiative.
The program calls for the extension of existing tax allocation districts (TADs) to help pay for revamping majority-Black neighborhoods on the city’s southwest side.
TADs — also referred to as tax incremental financing — are economic tools that set aside revenue generated from property tax increases to help pay for infrastructure and private development projects in underserved, often blighted areas…