Our Mission
To work with the community to provide improved housing and stimulate commercial and economic growth
Frayser CDC Programs
The Frayser CDC believes that every person should have the chance to live the American Dream of homeownership. This is why we strive to make affordable homeownership opportunities available and effectively communicated to the public.
Affordable Homes for Sale and for Rent:
The Frayser CDC provides access to affordable homes for low-to-moderate home buyers. Our agency purchases blighted houses and fully renovates and resells homes. Our objective is to stabilize household budgets through affordable housing, while building wealth for surrounding homeowners through blight removal and improved home values.
As of 2021 the FCDC has 116 rental homes which maintain a 97% occupancy, even during the economic crisis brought on by the COVID-19 pandemic
The FCDC built 7 entirely new homes in 2020 and plans to add at least 10 brand new homes to that number in 2021
We sold 9 homes to first time homebuyers in 2020 alone — Frayser saw home values rise an astonishing 18.6%, a tribute to the vast amount of work and investment coming to Frayser from many avenues
In 2021 we are working to acquire a multi-family apartment building so that we can provide additional safe, beautiful and affordable housing to the Frayser community
Pre purchase counseling is designed to help you determine if home ownership is right for you, how much house you can afford, understand and improve your credit score, and save for a down payment. We also provide guidance on down payment assistance sources and good mortgage lenders.
Our Housing Counseling is entirely FREE
We offer convenient, affordable Homebuyer Education Workshops that equip you with personalized information that takes you through the home buying process, equipping you with the information you need to succeed in buying your home.
Provides you with helpful tips to protect and maintain your home, teaches you preventative maintenance procedures and budgeting strategies for maintenance and repair, review resources for home repair and improvement, as well as helping you understand property taxes and home insurance.
Our Housing Counseling is entirely FREE
Counseling services that will help you retain and sustain your home, teach you about financial options, assist homeowners with avoiding foreclosure, renters with understanding their rights and responsibilities, and providing both with resources to transition from home ownership to rental housing.
Our HUD-certified housing counseling is entirely FREE
Commercial Revitalization:
The CDC owns 7 commercial properties and has numerous partnerships with small businesses in 38127.
In 2021, the FCDC will be launching an all new advocacy and communications platform, designed to connect all 45,000 Frayser residents and offer relevant ways of engagement with the community, and involvement in the work being done in 38127
