Atlanta Urban Development Corp.

What Atlanta Urban Development Corp. does

Atlanta Urban Development Corporation (AUDC) is a specialized non-profit corporation established through a partnership between the City of Atlanta and Atlanta Housing Authority to redevelop surplus public land into marketable mixed-income housing. Its core purpose is to operationalize the City and Atlanta Housing Authority's stated goal of building and preserving 20,000 units of affordable housing by 2030, complementing the Housing Strike Force initiative. AUDC runs formal Request for Qualifications (RFQ) processes to select qualified developers for specific sites, layering public land ownership, public finance tools (via Invest Atlanta and other City-affiliated programs), and property tax exemptions to lower developer risk and enable deeply affordable rents without relying on Low-Income Housing Tax Credit funding. Market-rate units within mixed-income projects cross-subsidize affordable units at the property level, creating permanent affordability controls.

AUDC's product portfolio consists of six active or in-pipeline redevelopment projects spanning multiple Atlanta submarkets and project archetypes: Peeples Street (5.8-acre former elementary school, Historic West End), Barge Road (10.98-acre greenfield, Campbellton Road corridor, ownership housing), Lakewood Heights (former elementary school, mixed-use), Gun Club Park (44.1-acre former park, 100-150 mixed-income units plus retail), Midtown Fire Station 15 (dense urban tower with market and affordable units), and Thomasville Heights Phase 1 (multi-phase partnership with Atlanta Housing). AUDC also maintains a digital Capabilities Statement Library for small businesses and emerging developers seeking partnership, and runs a mailing list for RFQ, project update, hiring, and news communications.

The organization is governed by a board chaired by Ashani O'Mard with Sarah Kirsch as Vice Chair, with ex-officio representation from Atlanta Housing, Invest Atlanta, and City of Atlanta officials. AUDC engages formally with Atlanta Public Schools via intergovernmental agreements for surplus property, and with community organizations including West End Neighborhood Development, Lakewood Heights Community Association, NPU-T, NPU-Y, and Focused Community Strategies on community engagement. As a non-profit public-affiliated entity, AUDC does not sell products or services to end consumers and does not have disclosed pricing; revenue mechanics operate at the project level through public finance layering and cross-subsidization rather than disclosed fees or ARR.

Name

Atlanta Urban Development Corp.

Legal name

Atlanta Urban Development Corporation

Website

https://atlurbdevco.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Atlanta Urban Development Corporation is a non-profit public-private entity, established by the City of Atlanta and Atlanta Housing Authority, that runs RFQ processes to redevelop surplus public land into mixed-income housing, targeting 20,000 affordable units by 2030 across multiple Atlanta submarkets.

Ownership category

akta.pro rank

Product category

Affordable Housing Development

NAICS

Land Subdivision (2372), Administration of Housing Programs, Urban Planning, and Community Development (925), Administration of Housing Programs (925110)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Housing Development, Construction & Rehabilitation Programs (BPAIANAB)

akta.pro secondary industries

Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives) (BPAIANAE), Residential Affordable Housing Development & Construction (IMAFABAI), Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF), Community Development & Neighborhood Revitalization Housing Programs (FSALAKAO)

Keywords

• Public land redevelopment
• Mixed-income housing
• Affordable housing development
• Urban revitalization projects
• Public-private partnerships

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Public Finance and Subsidy Programs: AUDC utilizes public finance tools, leverages public land ownership, and secures property tax exemptions to enhance the appeal of development deals to private developers. The organization layers multiple incentive programs for property owners and developers, potentially including mechanisms from City-affiliated organizations.
2. Cross-subsidization Through Mixed-Income Development: Market-rate units subsidize affordable units at the property level. Public land serves as a major source of equity, reducing dependence on traditional LITHC (Low-Income Housing Tax Credit) funding.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Atlanta Urban Development Corporation (AUDC) is a non-profit entity that leads the redevelopment of surplus public land in Atlanta into marketable, mixed-income housing. It identifies and advances redevelopment projects (e.g., Peeples Street, Barge Road, Lakewood Heights, Gun Club Park, Midtown Fire Station 15, Thomasville Heights Phase 1) by issuing Requests for Qualifications (RFQs) to select qualified developers demonstrating the technical and financial capacity to deliver these mixed-income communities. It layers public finance tools, property tax exemptions, and cross-subsidization between market-rate and affordable units to enable deeply affordable rents without relying on traditional LITHC funding.

Product overview

Atlanta Urban Development Corporation (AUDC) is a specialized non-profit entity that serves as a centralized development entity to incentivize and facilitate the redevelopment of public land into mixed-income housing. Rather than a unified software platform, AUDC operates through a portfolio of Request for Qualifications (RFQ) processes that connect qualified developers with public land opportunities. The organization manages multiple active redevelopment projects across Atlanta including Peeples Street, Barge Road, Lakewood Heights, Gun Club Park, Midtown Fire Station 15, and Thomasville Heights Phase 1. AUDC leverages public finance tools, public land ownership, and property tax exemptions to create sustainable affordable housing developments without depending on LITHC funding.

Differentiator

Problem solved

Functional benefit

Products and services

• Mixed-Income Housing Redevelopment Services

Quantifiable outcome

• 20,000 affordable housing units by 2030
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core, major and minor.

• Atlanta HousingcoreStrategic or Co-development PartnerPrimary parent organization and key partner. AUDC was established in close partnership with Atlanta Housing Authority as part of efforts to build 20,000 units of affordable housing by 2030.
• Invest AtlantacoreStrategic or Co-development PartnerCity's economic development agency and key partner in the Housing Strike Force initiative. Provides financing tools and economic development expertise for redevelopment projects.
• City of AtlantacoreStrategic or Co-development PartnerPrimary municipal partner providing public land, policy support, and alignment with city housing goals. AUDC operates to serve City of Atlanta housing development priorities.
• Atlanta Public Schools (APS)coreStrategic or Co-development PartnerPartner providing surplus school properties for redevelopment. Has entered intergovernmental agreements with AUDC to include surplus sites into redevelopment programs, including Peeples Street, Lakewood Heights, and other former school sites.
• Focused Community StrategiescoreStrategic or Co-development PartnerCommunity organization serving as meeting host for AUDC board meetings. A community development organization focused on neighborhood investment.
• West End Neighborhood Development (WEND)majorStrategic or Co-development PartnerCommunity partner in the Peeples Street redevelopment project, collaborating on year-long community engagement to develop master plan recommendations for the Historic West End neighborhood.
• Lakewood Heights Community AssociationmajorStrategic or Co-development PartnerCommunity partner in Lakewood Heights redevelopment, collaborating on four-month community engagement exercise to develop preservation and development recommendations for the site.
• NPU-T (Neighborhood Planning Unit T)majorStrategic or Co-development PartnerNeighborhood planning unit partner in Peeples Street redevelopment project, participating in community engagement and master plan development process.
• NPU-Y (Neighborhood Planning Unit Y)majorStrategic or Co-development PartnerNeighborhood planning unit partner in Lakewood Heights redevelopment project, participating in community engagement process.
• Russell Innovation Center for EntrepreneursminorStrategic or Co-development PartnerHost venue for AUDC Board Strategic Retreat. Entrepreneurship support organization in Atlanta's historic Sweet Auburn district.
• Housing Strike Force AgenciescoreStrategic or Co-development PartnerCollective of housing agencies participating in the City of Atlanta's Housing Strike Force initiative, complementing housing development efforts of participating agencies.
• Cecilia Cheeks / CecIntelPRminorGTM or Marketing PartnerPR representative handling media inquiries for AUDC, providing communications support for the organization.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Mercy Housing: Mercy Housing is a large non-profit affordable housing developer operating across multiple U.S. metros, building mixed-income rental and ownership housing in partnership with public agencies — comparable mission and developer-of-affordable-housing profile to AUDC.
• The Community Builders: The Community Builders is a non-profit developer of mixed-income housing primarily in the Northeast and Midwest, frequently partnering with public housing authorities. It mirrors AUDC's mixed-income, public-partnership-driven approach to affordable development.
• MidPen Housing: MidPen Housing is a non-profit developer of affordable and mixed-income housing primarily in Northern California. It is comparable as a non-profit, mission-driven, mixed-tenure developer with public-sector partnerships.
• BRIDGE Housing: BRIDGE Housing is a California-based non-profit affordable and mixed-income housing developer that partners with cities and public agencies. Its cross-subsidization and mixed-tenure model is conceptually similar to AUDC's approach.
• Preservation of Affordable Housing (POAH): POAH is a national non-profit developer and operator of affordable and mixed-income housing. Like AUDC, it focuses on preserving and producing affordable units through mission-driven partnerships with public entities.
• New York City Housing Development Corporation: NYC HDC is a public benefit corporation that finances affordable housing across New York City using public bonding authority, tax incentives, and public land. It is the closest direct analog to AUDC's public-private, public-land-led model, though operating at much larger scale.

Broad incumbents

• Enterprise Community Partners: Enterprise Community Partners is a national non-profit that combines development, capital, and policy to support affordable housing and community development. It is comparable as a large, mission-driven counterpart in the affordable housing development ecosystem.
• Local Initiatives Support Corporation (LISC): LISC is a national non-profit that provides financing, capacity-building, and policy support for community development, including affordable housing. It is comparable as a broader ecosystem participant supporting community-based affordable housing development.

Regional players

• Invest Atlanta: Invest Atlanta is the City of Atlanta's economic development authority and a core AUDC partner within the Housing Strike Force. It is comparable as a city-level public finance and development catalyst operating in the same geography.
• Atlanta Land Trust: Atlanta Land Trust is a local non-profit community land trust focused on preserving long-term affordable homeownership in Atlanta. It is a regional peer sharing AUDC's affordable housing mission and metro.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/atlurbdevco
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/atlurbdevco

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Atlanta Urban Development Corp.