Affordable Housing of Nashville/Affordable Housing Resources Inc

Nashville, TN   |  www.ahrhousing.org

Mission

It is the mission of Affordable Housing Resources to create affordable housing and strong neighborhoods.

Ruling year info

1989

Principal Officer

Mr. Erwin David Latimer

Main address

50 Vantage Way Suite 107

Nashville, TN 37228 USA

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EIN

58-1857324

NTEE code info

Housing Development, Construction, Management (L20)

Adult, Continuing Education (B60)

Financial Institutions/Services (Non-Government Related) (W60)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

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Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

The Home Company

The Home Company builds award-winning single-family homes, condos and townhomes that are affordable to low- to moderate-income families. The Home Company's development projects, like the Row 8.9 rowhouses (located across the street from the Farmers Market in downtown Nashville), have been instrumental in revitalizing neighborhoods and have received national acclaim.

Population(s) Served

AHR's HomeOwnership Center provides low-interest mortgage loans and down-payment and closing cost assistance to families earning less than 80% of the area median income to help them achieve their dream of homeownership.

Population(s) Served

AHR's HomeOwnership Center teaches prospective first-time homebuyers the tools to succeed as homeowners. The 8-hour classes cover pre-purchase how-to's like assessing buying power and avoiding predatory loans, as well as post-purchase information such as the importance of home maintenance and budgeting. Because classes are offered free-of-charge to participants, Homebuyer Education is one of AHR's main funding needs.

Population(s) Served

AHR is teaming up with the North Nashville community to offer the Neighborhood Rehab Partnership (NRP). The NRP is a community-led, volunteer-driven program to impact North Nashville neighborhoods by preserving the homes of low- and very low-income elderly and disabled homeowners. The NRP will empower residents of North Nashville to achieve greater quality of life and accomplish key revitalization goals for their community.

Population(s) Served

AHR is responding to the current foreclosure crisis by providing HUD- and NeighborWorks America-Certified foreclosure prevention counseling and loss mitigation services. AHR's staff is working with homeowners and lenders to resolve delinquencies and keep families in their homes.

Population(s) Served

Where we work

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Accreditations

Community Development Financial Institutions Fund of the United States Department of the Treasury 2000

Awards

Affiliations & memberships

Nashville Area Chamber of Commerce 1995

NeighborWorks Organization Neighborhood Reinvestment Corporation 2000

National Association of Home Builder 2000

Certificate of Banking Authority from the State of Tennessee 1999

Center for Nonprofit Management Excellence Network 2016

Financials

Affordable Housing of Nashville/Affordable Housing Resources Inc
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Operations

The people, governance practices, and partners that make the organization tick.

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Affordable Housing of Nashville/Affordable Housing Resources Inc

Board of directors
as of 10/9/2019
SOURCE: Self-reported by organization
Board chair

Mr. Ben Jordan

Community Rep

Term: 2016 - 2019

John Beam

Equitus Law Alliance

W. Blandford

Ernst & Young LLP

David Crane

Crane Builders, LLC

Jim Rieniets

Insbank

Ben Jordan

Community Rep

Kathy Floyd-Buggs

Congressman Jim Coopers Office

Amy Delk

Community Rep, Franklin Synergy Bank

Menan Assefa

Community Rep

Kent Cleaver

Pinnacle Financial Partners

Dwayne Olive

F&M Bank