Yesterday, the Atlanta City Council voted to approve a tax that would raise millions of dollars to help finish the Beltline. Not only to finish it, but extending it further outside of the city. Mayor Keisha Lance Bottoms said, “The Atlanta Beltline has offered tremendous benefits for businesses and property owners along its completed trails...will help give communities throughout the city the opportunity to enjoy the benefits associated the closing of the loop."
The website for the Atlanta Beltline says it will also, "enable $45 million in additional affordable housing funds, $12 million in additional small business support, and up to $150 million in construction funds targeted towards minority-owned contractors. Completion of the trail corridor is expected to deliver a total economic impact of $10 billion and nearly 50,000 permanent jobs for the City of Atlanta."
However, local businesses along the Beltline will be paying a new tax and housing costs for renters will increase.
With this new tax, the Beltline is expected to be completed by 2030.