Cooperative Resource Center : Georgia’s Source for Affordable Housing

Finance and Project Partners

 

Since its inception CRC has worked successfully with numerous project financiers, utilizing nearly every type of special financing available to enhance the affordability and viability of its projects. Known for its ability to complete the most difficult and complex deals, the organization is regularly sought out by smaller, less experienced nonprofit developers and housing agencies, including faith-based groups, to provide development and finance expertise for their own projects. By building the capacity of these smaller nonprofit organizations and agencies, CRC multiplies its contribution to the affordable housing market in Georgia – often in those communities that lack participation from the for profit sector.

 

Current Finance Partners Include:

· Georgia Department of Community Affairs

· Wachovia Bank

· U.S. Department of Agriculture

· Federal Home Loan Bank of Atlanta

· Main Street Bank

· Partners for the Common Good

· National Equity Fund

· Alliant Capital

· Washington Mutual

· Paramount Financial Group

· Habersham Bank

· Community Capital Bank

· Midtown Bank

· National Development Council

· Regions Bank

· Georgia Housing Equity Fund

· City of Atlanta, CDBG, HOME, HOPWA

· Fulton County, CDBG, HOME

· DeKalb County, HOME

· Clayton County, CDBG

 

Among our Project Development Partners:

· Africa’s Children’s Fund

· Community Alliance of Metropolitan Parkway

· FIBCO

· Athens Land Trust

· HELP

· Calhoun Affordable Housing Development

· Community Action for Improvement

· Boggs Rural Life

· PHASE

· Better Neighborhood Housing Development

· Ft. Valley Community Development

· Sam’s Memorial

Finance and Project Partners

CRC Developes the Country’s

            First EarthCraft

        Multifamily Complexes

 

 

“The Southface Energy Institute and the Cooperative Resource Center have teamed up to produce the design specifications and construction techniques that will enhance both resource conservation during construction, and energy conservation throughout long-term operations, of several recent projects. According to Gray Kelly, EarthCraft House Mutifamily Program Manager, “The ability to “field-test” innovative ideas with committed contractors and property owners who will be managing the projects has proven invaluable in assisting Southface to refine the scope and application of sustainable principals for affordable multi-family housing construction.  These principals will be utilized to change the standard for the next generation of truly affordable multi-family housing development that increases energy and resource conservation.”