2. HOUSING DEVELOPMENT
Developing or partnering on developments of quality mixed income communities.
CURRENT: Regional acquisition, rehab and repopulation of single-family units.
ABOUT ANDP
22-year nonprofit focusing on affordable and mixed income communities.
Serving Metro Atlanta Region
8,000 + units of housing developed, financed or invested.
Programs: Housing Development,
Housing Finance (CDFI), Policy/Advocacy
NeighborWorks America charter member
Since 2008, focused solely on
responding to the foreclosure crisis
3. BEST PRACTICES
Third party service
Tipping point Neighborhoods
Green and sustainable
Fully executed pilot project to
develop/test systems and procedures
Atlanta, DeKalb, Douglas, Fulton,
Gwinnett and Rockdale
Beyond NSP – “One Home Makes
a Difference – 250 Homes/3 Years
CURRENT TOTAL
274 NSP Units, 335 Overall
FORECLOSURE REDEVELOPMENT
4. PIECE BY PIECE
About Piece by Piece
Staffed by ANDP
Formed in late 2010 with 9 regional, national partners
Has grown to 150 partner organizations
Highlights:
Local Government NSP, Code Enforcement, and
Hardest Hit Fund Coordination
Housing Counseling Collaborative
Access to Financing (203k, developer debt
products, SE and LIHTC)
5. Few traditional affordable housing development organizations have
specific Veterans programs.
Base towns have different needs.
Importance of Veterans service partnerships.
Marketing to low and moderate income Veterans.
Veterans highly represented in
populations and neighborhoods
we seek to serve.
Leverage status as USA Cares
Certified Military Housing
Specialist Organization.
LESSONS LEARNED
6. Piece by Piece - Veterans
With support from The Home Depot Foundation, the Piece by Piece initiative
has increased its scope to include focus on Veterans and how the foreclosure
crisis is impacting them.
Piece by Piece – Veterans
Build connections between Veterans groups and housing sector.
Atlanta Regional Housing Forum
Increase service by traditional housing development organizations.
Connect Veterans service providers with housing counselors.
Utilization of HUD-VASH voucher and
other resources.
Encouraging REO donations
to meet Veterans’ housing needs.
7. ANDP’s Veterans Program
One Home Makes a Difference - For a Veteran!
Acquire, rehab and repopulate previously vacant foreclosed homes
Leverage REO Donations through National Community Stabilization Trust’s
First Look Program (Bank of America, JPMorgan Chase, Wells Fargo, etc.)
Home sales for qualifying veterans and active duty personnel
Down payment assistance program
Rental & Lease Purchase Options
Serve formerly homeless, low-to-moderate Veteran families
Ensure Veterans are aware of all
housing opportunities (NSP, etc.)
Qualifications
Honorably discharged
Disabled Veterans
Active Military personnel
Be approved by an mortgage lender
Meet HUD income limits
Complete Homebuyer Education