The Marietta Housing Authority is an active developer with a track record of many outstanding Low Income Housing Tax Credit (LIHTC) projects. However, when the state added a new Community Transformation Plan component to the LIHTC requirements in 2017, the Marietta Housing Authority turned to Mosaic to pioneer the development of this new planning process. A Community Transformation Plan must engage residents of the neighborhood surrounding a proposed LIHTC development in assessing challenges faced in accessing health, transportation, education, and job training services; the plan concludes with a detailed five-year plan to improve delivery of these services within the area.
Mosaic’s leadership of the Community Transformation Plan for the North-Central Cobb County area brought significant partners to the table, including executives from a large hospital system, a university, and the overlaying Town Center Community Improvement District, among others. These partners hosted two public forums to receive input from members of the public and Mosaic analyzed the community input along with other data to articulate the community’s vision for the future and determine the highest-priority challenges to be addressed. Drawing on the unique strengths of the local partners, Mosaic composed a detailed plan for improving residents’ access to services.
Mosaic’s Community Transformation Plan for North-Central Cobb was assigned the maximum point values in the state’s scoring of LIHTC applications in the 2017 cycle, helping propel the Marietta Housing Authority to yet another successfully-funded development.