The Atlanta Neighborhood Development Partnership
Real Estate - Atlanta, GA, US
The Atlanta Neighborhood Development Partnership Employees
The Atlanta Neighborhood Development Partnership Details
Established in 1991, ANDP develops, finances, and advocates for affordable housing at scale that promotes racial equity and healthy communities where families thrive. Today, ANDP is working to address the growing gap in wealth and homeownership between Black and white households - especially in neighborhoods of great risk of gentrification and displacement. REAL ESTATE - In 2020, ANDP launched Closing the Gap plan to develop or preserve 2,000 affordable housing units by 2025. Through its innovative development and financing of single-family and multifamily units, with both public and private sector partners, the ANDP is well on its way to meeting its 2025 goal. ANDP LOAN FUND - By engaging in innovative partnerships, ANDP, a member of the NeighborWorks Network, provides low-interest loans to support for-profit and nonprofit organizations that produce affordable housing. With an intentional focus on collaboration, the ANDP Loan Fund has increased its capital deployment, supported nearly 6,500 affordable housing units, and added down payment assistance to its portfolio of products. EQUITY & OPPORTUNITY - ANDP's vision for racial equity motivates and informs every phase of its work: its development, policy, and lending capacities; the geographic focus of neighborhoods served; the selection of contractors and partners; and the makeup of its staff and Board of Directors. Through its campaign to create and preserve 2,000 units of affordable housing by 2025, ANDP estimates more than $50 million will be invested in Black-owned businesses in the form of partnership investments, direct contracts, and low-cost loanCOMMUNITY – To help strengthen neighborhoods from the inside out, ANDP provides resident leaders with free access to local, state, and national experts through its Neighbors Together program. More than 500 metro neighborhood leaders have strengthened their leadership skills, learned how to address their neighborhood's specific issues further.
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