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our
mission
Our
mission is to promote, create and preserve mixed income
communities through direct development, lending,
policy research and advocacy that result in the
equitable distribution of affordable housing
throughout the metropolitan Atlanta region.
housing
development
Developing and preserving environmentally sustainable, mixed
income communities with area partners.
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housing
finance
Lending to builders of affordable and mixed
income housing communities in metro Atlanta
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research and
advocacy
Changing public policy to support the
preservation and creation of mixed income
communities
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Are you
facing foreclosure?
If
you feel like you may be in danger of facing
foreclosure, the time to call 888-995-HOPE™ is
now!
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Support our work! |
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ANDP is dedicated to preserving and
increasing the availability of mixed
income and affordable housing in our
region. We welcome your support!
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CRLIF
Loan distribution
CRLIF maintains a loan fund of approximately $11.1 million. The
portfolio currently includes 29 active loans that represents a
commitment of $7 million, with outstanding balances of more than $4.2
million. The portfolio concentration is as follows:
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Loan Type |
Amount Committed |
Concentration |
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Construction
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$3,861,000
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52 % |
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Predevelopment |
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$1,850,000 |
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25 % |
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Acquisition |
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$1,039,000 |
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14 % |
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Acquisition/Construction |
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$ 537,000 |
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8 % |
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Permanent
Participation |
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$
76,000 |
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1 % |
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Loan Process
Few things in life are more frustrating than the waiting period of a
loan application process. To help you understand the multiple steps
involved in the process, please consult the Step-By-Step Application
Process diagram below. As you go through the process, we know that you
will have questions. We welcome those questions and look forward to
working with you.
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