Draft CAPER

The Five-Year Consolidated Plan outlines the County's housing and community development needs and the steps taken by the County took to address the identified needs using its allocation of federal formula funds. The Consolidated Plan is a three-part document that assists the citizens of Fulton County and HUD to monitor the County's progress in implementing its Consolidated Plan.

The County encourages all citizens and other interested parties to review the draft document and to submit their written comments no later than Thursday, March 21, 2013, by 5:00 p.m. Comments will be accepted Wednesday, March 6, 2013, thru Thursday, March 21, 2013, at 5:00 PM. The final version, including comments, will be submitted to HUD on March 31, 2013. All written comments should be emailed to This e-mail address is being protected from spambots. You need JavaScript enabled to view it or mailed to:

FY2012 Consolidated Annual Performance & Evaluation Report (CAPER)
Fulton County Housing and Human Services Housing and Community Development Division
Attn: Lolita S. Collins, Community Development Manager
137 Peachtree Street, SW, Suite 300 Atlanta, Georgia 30303 Fax (404) 893-6629

The Draft CAPER will be available for review at the following locations beginning March 6, 2012:

Fulton County Government Website: http://www.fultoncountyga.gov/divisions-and-programs/housing-and-community-developmentFulton County Housing and Human Services, 137 Peachtree Street, SW, Suite 300, Atlanta, GA 30303Atlanta-Fulton County Main Library (Central Library) 1 Margaret Mitchell Square, S.W., Atlanta, GA 30303South Fulton County Service Center 5600 Stonewall Tell Rd., College Park, GA 30349Southwest Regional Public Library 3665 Cascade Rd., S.W., Atlanta, GA 30331North Fulton Service Center 7741 Roswell Rd., Atlanta, GA 30350East Point Branch Library 2757 Main Street, East Point, GA 30344College Park Library 3647 Main St College Park 30337South Fulton Library 4055 Flat Shoals Road, Union City, GA 30291Fairburn Branch 60 Valley View Drive Fairburn, GA 30213Fulton County Government Service Center 5440 Fulton Industrial Boulevard, Atlanta, GA 30336

All Fulton County facilities meet ADA accessibility requirements. Citizens in need of reasonable accommodations and communication in an alternative format, please contact the Department of Housing and Human Services at (404) 613-7944. For relay-type service, dial 711.

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Fulton County Other Major Resourced-Recovery Programs:

The American Recovery and Reinvestment Act of 2009, abbreviated ARRA (Pub.L. 111-5) and commonly referred to as the Stimulus or The Recovery Act, is an economic stimulus package enacted by the 111th United States Congress in February 2009 and signed into law on February 17, 2009, by President Barack Obama. To respond to the late-2000s recession, the primary objective for ARRA was to save and create jobs almost immediately. Secondary objectives were to provide temporary relief programs for those most impacted by the recession and invest in infrastructure, education, health, and ‘green’ energy.

 

The Housing Unit offers Federal and State funded programs funded to enhance home ownership opportunities for low to moderate income families, public facilities improvements and public services through the following programs.

Community Development Block Grant Application(CDGB) 2012-2014
Q&A 2012-2014 CDBG Application

 

CDBG-R

 

Neighborhood Stabilization Program (NSP)

 

Thank you for your interest in Fulton County's NSP.  Fulton County's NSP  is a great opportunity to purchase a house below market value and you do not have to be a first time homebuyer.  Fulton County Housing and Human Services Department administers two rounds of HUD funded NSP designed to address the housing foreclosure crisis:

NSP 1: Authorized under Title III of the Housing and Economic Recovery Act of 2008, H.R. 3221:Federal Register Vol 73, No 194 Oct 6, 2008, Federal Register Vol. 74, No. 117 June 19, 2009 , Federal Register  Vol. 75, No. 68 April 9, 2010, Federal Register Vol. 75, No. 201 October 19, 2010

Fulton County entered into partnership with two Development Partners specifically contracted to perform the single-family foreclosed property acquisitions. These partners have available affordable houses for those interested in becoming homeowners. Under the NSP, you must purchase these homes in the Partners inventory. The process should be simple and straight forward; you may call or visit both of these partners' sites to get started.

To be eligible:
 
• You must fall within the proper income guidelines in which you would like to purchase a property. Maximum Gross Household Income Requirements apply; you may not exceed 120% of the area medium income in the Metro area.
• Your credit history and income must qualify you with a first mortgage lender with appropriate debt to income ratios. Either partner has a list of participating lenders.
• You must purchase the current inventory of homes from the NSP Development Partners in Fulton County, outside the City of Atlanta, Roswell, John's Creek and Sandy Springs.
• The home you purchase must be within the purchase price limit.
• You will reside in the home as your principal residence; you must live in the home for the full term of the specific grant(s). (Otherwise, you will liable for recapture provisions that apply - You will have to pay back all or a part of the grant proceeds)
• You are required to complete at least 8 hours of pre-purchase housing counseling and we encourage you to receive post-purchase counseling for home preservation and foreclosure prevention from a HUD approved counseling agency within twelve (12) months after purchasing the home. 

The Fulton County NSP offers approved homebuyers with up to $25,000 in the form of a deferred payment soft second mortgage loan, which does not require repayment as long as the home remains the primary residence and it is occupied by the borrower during the affordability period.  In addition, up to 5% in eligible closing costs may be available. Eligible closing costs include origination, attorney fees, title insurance and appraisal fees. The second mortgage assistance is based on a tier income process.

Maximum Buyer Income  Maximum Homebuyer Assistance
81%-120% AMI  10% sales price up to $10,000
51%-80% AMI  15% sales price up to $15,000
Up to 50% AMI  20% sales price up to $ 25,000

 

NSP Brochure

2013 Income Limits

HUD User Income Limits Frequently Asked Questions

2012 Income Limits HUD published yearly

Applicants’ Checklist   This checklist provides you a guide of actions that you should follow and contains a list of the documents that will be required for your loan approval from a Fulton County NSP participating lender.  The information has been complied to help expedite the processing of your mortgage loan application.  Note the lender may request additional information.

HUD Approved Counseling Agencies.

For NSP homes, please contact our development partners.

Partners Information

 www.ANDPHomes.org
ANDP Homes is an affiliate of Atlanta Neighborhood Development Partnership, Inc. 235 Peachtree Street, NE, Suite 2000, Atlanta, GA 30303 Main (404) 420-1590.  Search for your home using the tool on the right side of the website.  Search by location, bedroom count, or price range. To see all the properties, select View All.  Be sure to check back frequently as new properties are added regularly

www.apdsolutions.com

APD Solutions is a national firm focused on providing comprehensive real estate and community development consulting services.  The firm is located at 271 17th Street Suite 2250 Atlanta, Georgia 30363. For questions, please email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call the main number is 404-921-3131.APD features Homes by request. Website: www.apdsolutions.com.  The link is as follows: http://www.homebyrequest.com/content/index.php/HBR/properties_shocase/

The current list of lenders participating in the program is Academy Mortgage, America's Choice Home Loans, Ameris Mortgage,  Bank of America, Chase Bank, E-Mortgage Management, LLC, Embrace Home Loans, Envoy Mortgage, Equity Loans, LLC, Homestar Financial Corporation, Hometown Lenders, Prime Lending,  LoanSouth Mortgage, REMN, Sharpe Mortgage, Southeast Mortgage, Southpoint Financial Services, SunTrust Mortgage and Wells Fargo Bank. More Lenders are being approved.

NSP 2: Authorized by Title XII of Division A of the American Recovery and Reinvestment Act of 2009, (the Recovery Act).  The County did not receive NSP 2 Funds.

The Neighborhood Stabilization Program 2 (NSP 2) was established to stabilize neighborhoods whose viability has been and continues to be damaged by the economic effects of properties that have been foreclosed upon and abandoned. NSP 2, a term that references the NSP funds authorized by Title XII of Division A of the American Recovery and Reinvestment Act of 2009, (the Recovery Act) provides grants to states, local governments, nonprofits and a consortium of public and or private nonprofit entities on a competitive basis. Fulton County was not awarded funding under the second round of NSP.  The Center for Community Self-Help was the only group representing Georgia to receive funding. Their funding amount was for $3,451,157 in funding for the State of Georgia to focus on specific markets that would have a transformative impact on foreclosure redeployment efforts.

NSP 3: Authorized by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, H.R. 4173: Federal Register Vol. 75, No. 201 October 19, 2010

Fulton County entered into partnership with one Development Partner - ANDP specifically contracted to perform the single-family or multifamily foreclosed property acquisitions.

Fulton County did not receive State NSP 3 funding from the Georgia Department of Community Affairs (DCA). . Fulton County is not eligible for these funds based on current State eligibility criterion. Should the State program receive an additional allocation from HUD or should DCA determine that their awardees (recipient’s) allocations are not performing, DCA may reallocate the resources to other jurisdictions.

 

Fulton County NSP Contact Information: For further information, please contact the following NSP staff members:
 
Lolita Collins, CD Manager
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(404) 612-8067

DaTonya Lewis, CD NSP Project Manager
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(404) 612-8060

Art Christian, CD NSP Financial Project Manager
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(404) 612-8047

277 East Broad Street
Fairburn, GA 30213
(404) 612-8080

Hours of Operation:

Monday-Friday: 8:30 A.M. - 5:00 P.M.

Quarterly Reports

NSP 1 Federal

2009

Second Quarter

Third Quarter

Fourth Quarter

2010

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

2011

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

2012

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

2013

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

 

2014

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

State NSP 1

2009

Second Quarter

Third Quarter

Fourth Quarter

2010

 

First Quarter

 

Second Quarter

 

Third Quarter

 

Fourth Quarter

2011

 

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

2012

 

First Quarter

 

Second Quarter

 

Third Quarter

 

Fourth Quarter

2013

 

 First Quarter

Second Quarter

Third Quarter

Fourth Quarter

2014

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

NSP 3 Federal

2011

Second Quarter

Third Quarter

Fourth Quarter

2012

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

2013

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

2014

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

Public Reports

NSP 1 Federal Action Plan

NSP 2 Federal Action Plan/Grant Application

NSP 3 Federal Substantial Amendment/Action Plan

Section 3 Reporting

2010

2011 NSP 1

2011 NSP 3

2012

2013

2014

NSP 1 State DCA Application

NSP 3 State DCA Application

Home Buyer Assistance Programs

Home Ownership Program (HOME)
Deferred Payment Loan (DPL)
Community Development Block Grant (CDBG)
Housing Rehab Program
Tenant Based Rental Assistance Programs