Tax Allocation Districts
There are currently ten TADs in the City of Atlanta:
- Atlantic Station
- Perry-Bolton
- Princeton Lakes
- Westside
- Eastside
- Beltline
- Hollowell / M.L. King
- Campbellton Road
- Stadium Neighborhoods and
- Metropolitan Parkway
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What Is It?
The Atlanta Development Authority manages tax allocation districts (TAD) for the purpose of publicly financing certain redevelopment activities in underdeveloped areas. Increases in property tax revenues, which are generated primarily from new development in the district, are allocated to pay public infrastructure costs or eligible private development costs within the TAD.
How Does It Work?
Typically, upon creation, TADs are in areas with blighted conditions or in need of significant environmental remediation. One of the City’s most powerful economic development tools, TADs can be used to achieve important City objectives, including: community revitalization, the development of mixed-income residential projects and the creation of sustainable affordable housing.
