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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
MORE
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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ANDP Neighborhood Stabilization
Program
NSP Main
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Atlanta
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DeKalb
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Douglas
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Fulton
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Henry
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Rockdale
Overview
Metro Atlanta families and neighborhoods are
being devastated by the foreclosure crisis.
In 2005, at the height of the subprime
lending boom, Georgia ranked third
nationally in mortgage fraud and fifth for
percentage of subprime loans. In 2008, there
were more than 85,000 foreclosure filings in
Georgia, an increase of more than 44% over
2007 and a 117% increase over 2006. But the
problem isn’t isolated to the City of
Atlanta. Metro Atlanta as a whole accounts
for 81% of the state’s foreclosures. Just
this year alone, there have been more than
88,000 foreclosures for the 10-county metro
Atlanta – a 40% increase from the same time
last year. In fact, Atlanta ranks third
nationally behind only Las Vegas and Detroit
in the number of vacant rental units and
single family homes.
The Housing & Economic Recovery Act of 2008
(HERA) included funding for a program named
Neighborhood Stabilization Program - allocations totaling
more than $97 million for metro Atlanta.
Currently, we are partnering with the City
of Atlanta, DeKalb, Douglas, Fulton, Henry and
Rockdale counties to manage $18.4 million in
NSP funds to reoccupy 240 vacant and
foreclosed homes by 2010.
The following table briefly describes the
type of activity associated with ANDP's NSP
program, and which activities are associated
with which jurisdictions.
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Activity |
Location(s) |
-Acquisition, Rehabilitation, Sale or
Lease Purchase of previously
foreclosed or abandoned property.
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City of Atlanta, Clayton, DeKalb,
Douglas, Fulton, Henry and Rockdale
counties. |
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-Zero Percent Second Mortgage Program
to offset the cost of home
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DeKalb County Only
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To learn
more about these activities in a specific
county area, click the appropriate link
above.
Real estate professionals,
lenders and potential buyers may
find the following ANDP/NSP documents
helpful.
NSP
Program Frequently Asked
Questions
Potential
Buyer Questionnaire
List of
Approved Lenders
Mortgage
Application Checklist
HUD
Approved Housing Counseling
Organizations (for required Home
Buyer Education)
For those interested in
purchasing a home, please be
sure to visit and bookmark
www.ANDPHomes.org.
We anticipate launching the site
soon.
Neighborhood Stabilization Program
Who to contact about NSP programs in your
area
Neighborhood Stabilization Program (NSP)
funding from the Housing & Economic Recovery
Act 2008 (HERA) has been allocated to many
jurisdictions throughout Georgia. Below is
a list of counties, cities or regional
groups who have been allocated NSP funding.
To learn more about how these entities are
utilizing NSP funding, click on the name of
the recipient to visit their website (if
available). Otherwise, contact the person
indicated below.
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GET INVOLVED! VISIT THE
ANDP ACTION CENTER
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ABOUT
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CONTACT ::
DONATE ::
EMPLOYMENT
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FAQ ::
RESOURCES ::
NEWS |
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Copyright 2008 Atlanta Neighborhood Development Partnership,
Inc.
235 Peachtree
Street NE, Suite 2000 - 20th Floor, Atlanta, GA 30303
Phone: 404-522-2637 Fax: 404-523-4357
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