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ANDP NSP Program

www.ANDPHomes.org

Property Tax Study

Foreclosure Response

DONOR SPOTLIGHT

It's the best feeling in the world
NSP homebuyer is... finally home!

First-time homeowner Teresa recently purchased a newly-rehabbed, foreclosed home with $14,500 in down payment assistance under the Rockdale County Neighborhood Stabilization Program (NSP), a federal initiative to stabilize communities that have suffered from foreclosures and vacancies. Teresa is a credit analyst at Coca-Cola Bottlers Association.  MORE

Lease Purchase Opportunity
3172 Sandusky Drive, Decatur GA

In addition to a full slate of NSP homes available for sale, from time to time we have a lease purchase opportunity. Check out this newly renovated three-bed, one-bath available for $75,000 or lease purchase for $840/month. In addition to a great price, qualified buyers may receive down payment assistance from the Georgia Dream Homeownership Program. MORE

Join us in recognizing

 The Home Depot Foundation for support of our mission!

Saving  lower income families in Atlanta/Fulton $36.2 million
Impact of ANDP's Property Tax study, Homestead Exemption

In an effort to keep Atlantans in their homes, ANDP has been engaged in two critically important policy issues in the last two years. In 2008, we led a successful effort to increase Homestead Exemption rates in the City of Atlanta and Fulton County - working with key state legislators and many others. Voters overwhelmingly approved the measure that doubled the existing rate over a three year period. In late 2008, ANDP commissioned RCLCO - a national real estate advisory firm - to conduct a series of studies to examine the disconnect between fair market values and property tax assessments in high foreclosure neighborhoods. What is the impact of ANDP's work in these areas?

According to an analysis by RCLCO, ANDP's tax policy efforts thus far will save lower-income families (at 80 percent or below of area median income) in the City of Atlanta/Fulton County a minimum of $36.2 million for an average annual savings of $1,013 per household by 2011.  READ THE FULL REPORT


Leadership Personified
Terwilliger named Enterprise Community Partners Chair

ANDP congratulates J. Ronald (Ron) Terwilliger on his recent selection as Chairman of the Board of Enterprise Community Partners in Washington, D.C. Terwilliger served on the ANDP Board of Directors for a remarkable 12 years, culminating in a two-year term as Chairman. In addition to his work with ANDP, Terwilliger has been an integral asset to housing on a national level. He established the Terwilliger Center for Workforce Housing at the Urban Land Institute (ULI) to address housing needs of America's working families. MORE



Metro Atlanta Housing Crisis
ANDP Foreclosure Response Efforts

In 2007, the ANDP Board of Directors approved a shift in our organizational focus to one of Foreclosure Response. Since this time, our development, finance and advocacy programs have all had one primary focus: to help our neighborhoods and families in need. Above you will find the latest news on our efforts in each of our three primary lines of business. The implosion of the housing industry and financial markets has placed a tremendous burden on every neighborhood in our region. As an organization, we will work tirelessly to address these issues and leverage all available resources to keep our families in their homes. We are very thankful for those individuals, corporations and foundations who continue to support this critical work. We invite you to stay connected to our work and lend a hand when possible. MORE