top of page
iStock-1213120782.jpg

Affordable Multifamily Development

Partnership Opportunities

Extending  Affordability for LIHTC Projects​

​

Atlanta Neighborhood Development Partnership, Inc. (ANDP)  is committed to providing extended affordability for Low-Income Housing Tax Credit (LIHTC) properties beyond minimum compliance periods, ensuring ongoing use of the underlying land to support affordable and mixed-income housing. ANDP is seeking partnership opportunities to assist currently stalled LIHTC projects (e.g., those awarded LIHTC allocations in 2020 and 2021) and other affordable multifamily projects in Metro Atlanta. 

 

While every partnership and deal structure is unique, a typical model would entail ANDP purchasing the land and offering a 65-year ground lease in order to help offset land costs to the project in a time of rising and inflated development costs, interest rates, and other economic challenges.

 

To learn more about the program, please contact:

​

Ashani O'Mard

Senior Vice President, Strategic Housing Initiatives

aomard@andpi.org

404-420-1607

​

​

​

​

CURRENT & PAST ANDP DEVELOPMENT PARTNERS

​

MULTIFAMILY

The Benoit Group

Columbia Residential

Laurel Street Residential

Novare Group

OneStreet Residential

Prestwick Development​

​

MEMBER / AFFILIATIONS​

​

NeighborWorks Network

Certified CDFI

FHLBank Atlanta

Housing Partnership Network

National Housing Conference

Opportunity Finance Network 

equal-housing-opportunity-logo-1200 -white.png

SUPPORT OUR WORK

GA Gives Day 2022.png

© 2024   Atlanta Neighborhood Development Partnership, Inc.  |  233 Peachtree Street NE Ste 800  |  Atlanta, GA  30303-1605  |  Ph 404-522-2637  |  Fax 404-523-4357  |  comments@andpi.org

  • LinkedIn
  • Facebook
  • Twitter
  • Grey YouTube Icon
  • Grey Pinterest Icon
  • Instagram
bottom of page