Neighborhood Transformation

Neighborhood Transformation
“New Housing Opportunities in Anniston”

West Anniston Master Plan

Several entities in Anniston have begun the initial implementation process of redeeming values and assets that offer hope for a transformation with the creation of the West Anniston Master Plan (WAMP). This plan builds upon extensive preparations, for an improved community, undertaken over the past six years by the Anniston Housing Authority (AHA), the City of Anniston and Anniston City Schools (ACS).
The WAMP established the West Anniston Advisory Committee, which consists of representatives from the Housing Authority, Anniston City Schools, City Government, residents, community stakeholders, health & wellness professionals, public safety, and business owners. This committee meets do discuss expectations, ideas, and the progress of the WAMP.
The AHA, City of Anniston and ACS have entered an interlocal cooperative agreement for the revitalization of West Anniston. Components of the transformation process are being implemented by AHA and its key partners. The Housing Authority’s plan will include the replacement of 102 severely distressed public housing units with new and renovated affordable housing throughout the West Anniston community. Improving education, economic development and health and wellness are key components of the WAMP. Taking a page from the City of Anniston’s new slogan,; “We Are More!”, and the WAMP is just the beginning!

Cooper Homes Redevelopment

Coming Soon

Affordable Housing for the Elderly

Cooper Homes Proposed Redevelopment

Barber Terrace Redevelopment

Rental Assistance Demonstration (RAD)

RAD was created in order to give public housing authorities (PHAs) a powerful tool to preserve and improve public housing properties and address the $26 billion nationwide backlog of deferred maintenance. RAD also gives owners of three HUD “legacy” program (Rent Supplement, Rental Assistance Payment, and Section 8 Moderate Rehabilitation) the opportunity to enter into long-term contracts that facilitate the financing of improvements.

Five Things You Should Know About Public Housing Conversions:

RAD allows public housing agencies to leverage public and private debt and equity in order to reinvest in the public housing stock. This is crucial, given the 25.6 billion backlog of public housing capital improvements.
In RAD, units move to a Section 8 platform with a long-term contract that, by law, must be renewed. This ensures that the units remain permanently affordable to low-income households.
Residents continue to pay 30% of their income towards the rent and they maintain the same basic rights as they possess in the public housing program.
RAD maintains the public stewardship of the converted property through clear rules on ongoing ownership and use.
The RAD program is cost-neutral and does not increase HUD’s budget. This program simply shifts units from the Public Housing program to the Section 8 program so that providers may leverage the private capital markets to make capital improvements.

Housing Development Corporation (HDC)

In 2002, the Anniston Housing Authority created the Housing Development Corporation (HDC), a non-profit 501 (c)(3). The HDC offers affordable housing rental options for the West Anniston area. With over 1200 housing units that are vacant, blighted or have tax liens, the HDC provides an opportunity for the City of Anniston and the Housing Authority to work in tandem, to acquire many of these properties for the transformation of West Anniston.

Homeownership

The Anniston Housing Authority is in the process of implementing a Homeownership plan for participants currently on the Housing Choice Voucher program who are receiving rental assistance.

Th Homeownership Voucher Program is for families who currently have a voucher. The Housing Authority will be able to use that voucher to pay for monthly homeownership expenses.

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Neighborhood Transformation