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LATEST NEWS & UPDATES
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Affordable townhomes from ANDP partnership land in southwest Atlanta
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ANDP Joins National “First Look Home” Affordable Homeownership Pilot
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ANDP Loan Fund receives $6M from the U.S. Treasury's Capital Magnet Fund.
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Truist gives $5 million for minority developers, affordable housing
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Atlanta Housing OK’s creation of nonprofit to build social housing
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NeighborWorks America names South Fulton resident 2023 Dorothy Richardson Award recipient
OUR MISSION: ANDP develops, finances, and advocates for affordable housing at scale that promotes racial equity and healthy communities where families thrive.
Transforming communities with capital for equitable community development. Bridge, predevelopment and construction financing for developers of affordable housing. MORE
Development and preservation of single-family and multifamily residences to stabilize communities and increase home ownership options for low-income families. MORE
Promoting housing policy that creates and preserves housing affordability. Working to provide residents with information and training to bolster leadership capacity. MORE
OUR IMPACT
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200+ Veterans & Active Military provided with affordable housing options
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956 homes (homeownership & rental) renovated or constructed since 2008
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1,000+ Homebuyers connected to down payment assistance
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7,635 units of housing financed through our loan fund
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11,750+ homes created through development and financing
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29,375 Atlantans provided with affordable rental and homeownership
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$36,000,000 In homeowner wealth created since 2009
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1,000+ Neighborhood residents participated in leadership training
Sylvan Hills Senior apartments recently completed with ANDP partner, The Benoit Group. MORE
CLOSING THE GAP: 2,000 Units of Affordable Housing by 2025
Learn more about our unprecedented campaign to broaden access to affordable housing.
ANDP’s Closing the Gap plan includes the development or renovation of 250 single-family rental homes, 500 single-family homes targeted for homeownership, and the creation or preservation of 1,250 multifamily apartment units throughout metro Atlanta, with priority neighborhoods most at risk of future displacement of low-income residents.
Recent Developments:
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Creekside at Adamsville Place - 147 Units - Completed (Partner: Laurel Street Residential)
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Sylvan Hills Senior - 183 Units - Completed (Partner: The Benoit Group)
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Symphony at Lakewood - 60 Units - Completed (Partner: Prestwick Companies)
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Arden Apartments - 58 Units - Complete (Partner: Prestwick Development)
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Additional multifamily projects in pre-development. Stay tuned for exciting news.
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$20M in New Market Tax Credit Awards for Single-Family Development
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Nearly 1,400 apartments and single-family homes in pre-development or completed since the launch of Closing the Gap
LEARN MORE ABOUT THE INITIATIVE AND ITS SUPPORTERS HERE.