Kingdom Partners
BECAUSE SAFE AND STABLE NEIGHBORHOODS
are the bedrock of strong communities.
Kingdom Partners Housing Development Group is focused on residents of marginalized neighborhoods throughout Chattanooga by providing a holistic approach to community development and neighborhood stabilization. KP Housing Group Affodable Housing accomplishes this task through the injection of quality, new construction homes and rehabilitations.
How does it work?
Kingdom Partners Housing Development Group (KP-HDG) has been selected by the City of Chattanooga for a $1.8M grant to develop 30+ units in Chattanooga. The funding will go to Faith Based Organizations and Not for Profits (FBO’s) that wish to develop affordable permanent housing over the next two years.
The funding will allow for 0% interest loans for predevelopment costs of up to $10,000 and Direct Gap Funding of up to $30,000/unit for rehabilitation, and up to $50,000/unit for new construction of permanent affordable housing.
We are looking for interested FBO’s that have or can secure land and wish to develop housing, as well as local developers, general contractors, architects, engineers, and property managers who would partner with the FBO’s to develop this housing. For more information, contact Mark Straub at str55aub@yahoo.com or 423.827.7078.