our
mission
Our
mission is to promote and create 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 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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TWELVE Centennial Park receives recognition
Less than one year after being recognized by the
Atlanta Regional Commission with an Exceptional
Merit Award for Transit Oriented Development and
Affordable Housing, TWELVE Centennial Park has
added two more distinct honors to the list.
The TWELVE Centennial Park Soft-Second Mortgage
Program was recently recognized as a finalist in
ULI's Terwilliger Center
Workforce Housing Models
of Excellence Awards and as a
finalist in the Georgia Department of Community
Affairs'
Magnolia Awards.
ANDP congratulates its partners in the TWELVE
Centennial Park Soft-Second Mortgage Program,
Novare Group and Atlanta Development Authority.
Learn more about TWELVE.
Homestead Exemption ballot measure approved by
voters
Voters in Atlanta and Fulton County voted
overwhelmingly on Tuesday to increase their
Homestead Exemption rates! Ballot initiatives
affiliated with ANDP's Keep Atlantans in
Their Homes campaign and two other
initiatives supported by ANDP were passed on
November 4.
Since the 1930's, local governments have offered
homestead exemptions to help existing low and
middle income families remain in
their
homes and communities by reducing their property
taxes, especially during times of economic
hardship. Unfortunately, Atlanta's homestead
exemption has not kept pace with rising home
prices. Home values have risen 130% since the
Atlanta-Fulton Homestead was last increased in
1993.
ANDP provided the Georgia General Assembly's
Atlanta-Fulton delegation with research on best
practices on homestead exemptions across Georgia
and the nation and worked with local delegation
members to draft legislation to provide voters
an opportunity to significantly increase their
general homestead exemptions. A strong
bipartisan coalition of Atlanta-Fulton
Delegation members helped craft the final
proposal which doubles the homestead exemption
from $15,000 to $30,000 over a three-year
phase-in period. The phase-in period provides
critical relief to struggling homeowners in a
way that minimizes the fiscal impact on local
governments.
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Residents Could Pay
Millions in Excess Property Taxes Homeowners in the 15 metro
zip codes hardest hit by foreclosures will pay
more than $71 million in excess property taxes
next year if dramatic reassessments are not
made, according to a new study released October
10 by
ANDP and RCLCO (Robert Charles Lesser & Co.)
-
"Analysis of Home Sale Prices and Appraised Home
Values in High Foreclosure Rate Neighborhoods."
While declining home values could lead to modest
overpayments metro-wide – on
average $103 annually or just over $8 per month
- residents of high-foreclosure
neighborhoods will see much steeper excess
payments, up to 15 times the metro average.
Residents of Fulton County’s 30310 zip code, for
example, would pay more than $1,400 in excess
taxes if appraised values are not adjusted.
“Foreclosures are decimating neighborhoods
across metro Atlanta,” said John O’Callaghan,
president and CEO of ANDP. “Inflated property
taxes in these communities are burdening
existing homeowners and preventing future buyers
from bringing new life to vacant and abandoned
homes.”
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Full ReportNews
Coverage
ANDP's Foreclosure
Response
If
you would like to get involved, tell your story,
or help in ANDP's advocacy efforts, visit our
Action Center!
ANDP, ARC, DCA and ULI co-sponsor
informational forum
HUD, DCA explain Neighborhood Stabilization
Program
The
foreclosure crisis has hit Georgia hard. Georgia
posted the nation’s eighth highest state
foreclosure rate in the second quarter of 2008
with one in every 140 households receiving a
foreclosure filing. Metro Atlanta, which
accounts for more than 80 percent of the state’s
foreclosures, is suffering the greatest impact
with one in every 91 metro households receiving
a foreclosure filing in this most recent quarter
(RealtyTrac).
The Housing Rescue and Foreclosure
Prevention legislation signed by the
President Bush on July 30 provides $3.9
billion in emergency assistance through
Community Development Block Grant (CDBG)
funds to communities hardest hit by the
foreclosure and subprime crisis.
The U.S. Department of Housing and Urban
Development (HUD) has announced the
formula allocations and guidelines for
use of the emergency CDBG funds. The
funds will be distributed to states and
local governments no later than October
28 and must be used within 18 months of
their receipt. This rapid distribution
timeframe is unprecedented and calls for
a well-coordinated state and regional
response that will successfully maximize
the funds to stabilize neighborhoods in
peril. While not all local governments
will be direct recipients of these
federal funds, the entire region will be
impacted.
On Wednesday, October 8, nearly 60
municipal and county leaders convened at
the Georgia-Pacific Auditorium to learn
about allocations and the application
process for the newly named Neighborhood
Stabilization Program (NSP).
Mary Presley of HUD's Atlanta Regional
Office
explains the NSP program to forum
attendees
Neighborhood
Stabilization
Program
Allocations
for Georgia
Location
NSP Allocation
Georgia DCA
$77,085,125
DeKalb
$18,545,013
Atlanta
$12,316,082
Gwinnett
$10,507,827
Fulton
$10,333,410
Clayton
$ 9,732,126
Cobb
$ 6,889,134
Columbus-Muscogee
$ 3,117,039
Augusta
$ 2,437,064
Savannah
$
2,038,631
The Metro Forum on the Neighborhood
Stabilization Program was co-sponsored by
ANDP, Atlanta Regional Commission, Georgia
Department of Community Affairs, and ULI's
Terwilliger Center for Workforce Housing
The forum was designed to provide the latest
information on HUD’s formula allocation
guidelines and instructions and to share local
and national programmatic best practices.
Information will be critical as state, county
and city governments prepare to work with
community partners to leverage existing programs
and plan for and implement new initiatives to
acquire, rehabilitate and repopulate the growing
inventory of foreclosed properties.
If
you feel like you may be in danger of facing
foreclosure, the time to call 888-995-HOPE™ is
now
- Homeowner's HOPE™, a counseling service
provided by the Homeownership Preservation
Foundation, can work with you to find a
solution. The sooner you call, the sooner you
can regain your peace of mind. Remember, you're
not alone.
Millions of people across the United States
have trouble with their mortgage every year.
Since
2002, our counselors have provided advice and
education to more than 300,000 homeowners.
Making the Case
Making the Case for Housing Choices and Complete Communities: The
Next Generation was released in 2007 by ANDP’s Mixed Income
Communities Initiative (MICI) and funded in large part by a grant
from The Ford Foundation.
Download
Preserving
Affordability
ANDP and the Peachtree Corridor Partnership commissioned Haddow &
Company to conduct an inventory of affordable housing options along
the Peachtree Corridor.
Download
ANDP 2007 Annual Report: Changing Perspectives to Change the
Community
As we look back at 2007, we note that
our City is changing - our growth
patterns are changing, our economics are
changing and the housing industry seems
to have been altered forever.
Despite the abundant change, there is
still an ever present need to ensure
that an equitable distribution of mixed
income housing is possible.
Take a minute to look at our 2007 Annual
Report to see how ANDP's work in
lending, development and advocacy is
changing perspectives to change our
community.
Download
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