Hanbury Preservation Consulting

P.O. Box 6049
Raleigh, NC 27628 USA
(919) 828-1905 phone

Revolving Fund Feasibility Study for Historic Atlanta

High real estate values exert great pressure to demolish historic housing for new construction

photo: High real estate values exert great pressure to demolish historic housing for new construction

In 2020, Hanbury Preservation Consulting completed a Revolving Fund Feasibility Study for Historic Atlanta. A relative newcomer in Georgia's capital city, Historic Atlanta is an all-volunteer organization with strong participation by preservation professionals. It has devoted significant attention to African American and LGBTQ resources. The feasibility study helped the organization define the focus of a revolving fund which would preserve historic buildings to promote community resiliency for greater Atlanta.  The fund would operate in a strong real estate market that presents inherent challenges to historic preservation.  The process also defined parameters for project selection. Finally the study defined a series of short-term action steps to build a solid organizational infrastructure to support a revolving fund.