Invest Chattanooga is a fund launched last year by the City of Chattanooga to spur the production of affordable housing.
The 20 million dollars from the City to create the fund is expected to kickstart 400 million dollars in mixed-income housing over the next twenty years.
This type of fund is a relatively new model for affordable housing in communities across the country - and Matt Bedsole knows it well.
He ran a housing innovation lab for Atlanta’s mayor - and over the summer, he started a new job as the first President and CEO of Invest Chattanooga.
