Acquisition and Rehabilitation of Houses

 

GFCDC purchases and rehabilitates foreclosed and abandoned houses in the surrounding communities with a concentration in the Metro Atlanta area.

 

As a non-profit GFCDC has an opportunity to purchase HUD houses at a discount. Some financial institutions donate houses to non-profits or sell them at a discount to non-profits. Through our homebuyer education and counseling program we have candidates that qualify to purchase these houses. By rehabilitating these houses we can provide or preserve homeownership for many of the persons in our program, as well as increase stability in the affected neighborhoods in terms of home values and restoring blighted properties.