Since its 2021 creation, Atlanta's Affordable Housing Trust Fund has funneled over $80 million to initiatives ranging from affordable housing production to city employee salaries to interest payments on housing bonds, often with little public transparency.
City Councilmember Matt Westmoreland, who authored the original legislation creating the fund, has introduced a resolution urging Mayor Andre Dickens' administration to produce annual reports detailing how much affordable housing has been created versus how much has been spent on auxiliary programs.
The council's Community Development and Human Services Committee unanimously approved the resolution on April 28, teeing it up for a full council vote next week.
'There's a universal desire to have a better and more publicly digestible explanation for how these dollars are getting used every year,' Westmoreland said. The Affordable Housing Trust Fund will receive an estimated $20 million for fiscal year 2027.
