The Cornerstone Housing Development Corporation is a non-profit organization that includes new home building, house renovations, and community revitalization. Its goal is to restore and revitalize communities by providing decent and affordable housing to low and moderate income families. Additionally, there will be job opportunities for those with barriers to employment who wish to gain valuable work experience in construction trades. Program participants are typically transitioning from rental properties, housing programs, or even homelessness into home ownership. Cornerstone will also work with churches, businesses, and other community organizations in the area to help assimilate these new residents into the neighborhood.

New Foundations
Cornerstone Assistance Network's Housing Development Corporation presents New Foundations, a home ownership program which provides affordable housing to low and moderate income families who make 80% of median income or less. Working alongside churches and community organizations, New Foundations will strive to revitalize some of our city's older neighborhoods. New Foundations will build new homes, identify potential home owners, and provide information and guidance throughout the home buying process.

Qualification Process
Interested families must:

1. Have regular income and meet the income limitations listed below.
2. Attend a certified First-Time Homebuyers Class.
3. Fill out a New Foundations Homebuyers application.
4. Meet with a New Foundations case manager to find out how to get pre-approved for a home loan.

2010 Income Limitations



For questions about the Housing Development Corporation or the New Life Center, please contact Director of Housing Development, Philip Posey.