ANDP Loan Fund

Established in 1991 and officially certified in 1998 as a U.S. Treasury certified Community Development Finance Institution (CDFI), the ANDP Loan Fund provides financing to nonprofit and for-profit housing developers that create affordable housing, mixed income and mixed use properties. Since its founding, the ANDP Loan Fund has provided $36 million in loans toward projects valued at nearly $270 million ultimately supporting the creation of 4,997 units of housing.

Although the ANDP Loan Fund serves the entire ten-county metro Atlanta region, we prioritize high-risk areas where the foreclosure crisis was severe and where a majority of homeowners remain underwater on their mortgages.


In order to build our capacity and bring additional capital to the metro Atlanta region, ANDP entered into a partnership with The Reinvestment Fund (TRF) – a strong Philadelphia-based CDFI currently serving the mid-Atlantic region – in 2014. With over $1.4 billion in total investments and over 2,900 projects fianced to date, TRF is a nationally-renowned CDFI that has demonstrated excellence in the financing of neighborhood economic revitalization initiatives. Our partnership will enhance ANDP’s ability to serve metro Atlanta’s affordable housing needs. Learn more about the partnership here.


CDFIs are mission-driven, financial institutions that are dedicated to providing financial services to meet the community development needs of underserved communities. While CDFIs share a common mission, they have a variety of structures and development lending goals. There are six basic types of CDFIs: community development banks, community development loan funds, community development credit unions, microenterprise funds, community development corporation-based lenders and investors, and community development venture funds. The ANDP Loan Fund operates as a community development loan fund that specializes in deploying capital for affordable housing, mixed income and mixed use projects throughout metropolitan Atlanta.


The ANDP Loan Fund’s products and services are geared towards nonprofit and mission driven for-profit affordable and mixed income housing developers, with a focus on projects that serve neighborhoods highly impacted the foreclosure crisis. Our loan products provide acquisition/rehab and construction financing for affordable single-family projects as well as bridge and construction financing for high-mission affordable multi-family projects.


Our target borrowers are local affordable housing developers (non-profits and mission-driven for-profits) who have proven track records in low-income neighborhoods. Our current priority is funding those developers who are engaged in foreclosure redevelopment of single family homes.


Since 1991, the ANDP Loan Fund has lent $36 million to finance 4,997 units of affordable and mixed income housing in metro Atlanta. The majority of households who purchase or rent housing financed by the ANDP Loan Fund earn below 80% Area Median Income, providing tremendous opportunity to uplift low-income families.

Here are a few examples of past projects financed by the ANDP Loan Fund:

  • In 2015, ANDP provided a $275,000 loan to Mercy Housing for the development of Reynoldstown Senior Residences, a 70-unit living apartment complex that will include 60 one-bedroom units and 10 two-bedroom units. In addition to ANDP’s financing, the project received funding from The Atlanta Beltline, Invest Atlanta and HOME funds from the City of Atlanta.
  • In 2014, ANDP provided a $525,000 loan to Columbia Ventures LLC for predevelopment financing of affordable and mixed-income housing included in their Avondale MARTA station transit-oriented development (TOD) project. The project will include 117 units of affordable senior housing and 24,500 sq. ft. of neighborhood commercial space.
  • In 2011, ANDP approved a $500,000 line of credit to Macallan Group LLC for the acquisition and rehabilitation of identified Real Estate Owned (REO)/foreclosure properties located within metro Atlanta.
  • In 2008, the ANDP Loan Fund provided a $100,000 predevelopment loan to Adamsville Green, LLC, a subsidiary of Progressive Redevelopment, Inc. for an independent-living senior residential community loacted in the City of Atlanta’s Adamsville neighborhood. The loan supported the creation of 87 affordable units for low and moderate income seniors.


Joseph B. Whitehead Foundation

The Northern Trust Company


RBC Bank Georgia

The Annie E. Casey Foundation

Bank of America

Guaranty Bank


NeighborWorks America



For more information on how the loan fund could support your project, please contact:
Yonina Gray
Director of Business Development
(404) 420-1593

For more information on how you or your organization can invest in our loan fund, please contact:
Ashani O’Mard
Senior Director, Capital Development
(404) 420-1582

The ANDP Loan Fund was previously known as the “Community Redevelopment Loan & Investment Fund (CRLIF).”