Westside Future Fund (WFF) is excited to announce that we have received a $50,000 grant from Bank of America, a long-time supporter of our mission to revitalize and restore Atlanta’s historic Westside neighborhoods. This generous grant will support WFF’s signature Home on the Westside program, which is designed to provide high-quality, affordable housing solutions and increase economic mobility for legacy residents – ensuring they have the opportunity to remain in the community they call home.

The Home on the Westside program prioritizes legacy and future residents with live, work, and learn connections to the historic Westside. Its three service areas include single-family homeownership, rental housing, and property tax assistance for legacy residents. For prospective homeowners, the program offers a comprehensive approach, providing not only access to affordable housing options, but also financial counseling and down payment assistance to help residents achieve and maintain homeownership. Through these efforts, WFF is committed to combating displacement and fostering long-term stability in the Westside community.

“Bank of America’s investment underscores the importance of creating sustainable pathways to homeownership for our legacy residents,” said John Ahmann, President & CEO of Westside Future Fund. “We are grateful for their continued partnership, which helps us deepen our impact and bring transformative opportunities to families who want to remain rooted in the Westside.”

The organization’s progress to date includes supporting 646 completed multifamily units, of which WFF owns 214. The organization has an additional 121 units under development and scheduled for completion by 2025. WFF has helped over 45 families purchase homes and provided property tax assistance to over 135 legacy residents.

Bank of America’s contribution will enable WFF to build upon its growing portfolio of high-quality, affordable housing options in the historic Westside. The contribution will support WFF’s Our Next Chapter campaign, a $55 million philanthropic effort that will enable WFF to build to leverage an additional $45 million in low-cost financing from its Impact Fund. Combined with an additional $10 million in public grants, the organization will be able to finance an additional:

• 285 multifamily units, of which 185 will serve families at 60% Area Median Income (AMI) and less.
• 225 single-family homes with accompanying income-qualified down-payment assistance, and
• And, support the Anti-Displacement Tax Fund to help legacy resident homeowners stay in the community

This effort will expand WFF’s reach, support more families, and provide the critical housing resources. Together, we are transforming the historic Westside into a community that Dr. King would be proud to call home.

“Partnering with Westside Future Fund demonstrates how Bank of America is taking action to provide the resources and support needed to help Atlanta thrive,” said Al McRae, President of Bank of America Atlanta. “These philanthropic funds build upon our longstanding efforts to help strengthen community vitality by addressing important issues like affordable housing.”

Thank you, Bank of America, for your unwavering commitment to making a positive impact in our community.

WFF is inviting philanthropic partners to join Our Next Chapter. Visit here to learn more about our fundraising campaign.