Capital for Community Development
ANDP Loan Fund
MISSION: The ANDP Loan Fund develops, finances, and advocates for affordable housing at scale that promotes racial equity and healthy communities where families thrive.
Established in 1991 and officially certified in 1998 as a U.S. Treasury-certified Community Development Finance Institution (CDFI), the ANDP Loan Fund provides financing to nonprofit and for-profit housing developers that create affordable housing, mixed-income, and mixed-use properties. Since its founding, the ANDP Loan Fund has provided more than $85 million in loans toward projects valued at over $976 million, ultimately supporting the creation of 7,832 units of housing.
Although the ANDP Loan Fund serves the entire state of Georgia, we prioritize high-risk areas in south metro Atlanta where residents and communities are struggling with a lack of quality affordable housing, access to capital, disinvestment, and/or gentrification pressures.
CDFIs are mission-driven, financial institutions that are dedicated to providing financial services to meet the community development needs of underserved communities. While CDFIs share a common mission, they have a variety of structures and development lending goals. There are six basic types of CDFIs: community development banks, community development loan funds, community development credit unions, microenterprise funds, community development corporation-based lenders and investors, and community development venture funds. The ANDP Loan Fund operates as a community development loan fund that specializes in deploying capital for affordable housing, mixed-income, and mixed-use projects throughout metropolitan Atlanta.
The ANDP Loan Fund’s legal name is the “Community Redevelopment Loan & Investment Fund, Inc.” (CRLIF).