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CCDI Project HouseThe Center for Community Development (CCDI) has been creating safe, affordable housing for First Time Homebuyers since 1991. To date a total of 71 houses have been either newly built or rehabilitated.

In late 1996, under the directions of CCDI’s Chief Operating Officer, Mr. Bruce AsBerry, the housing department underwent makor internal changes. By offering a greater quality of construction, providing adequate square footage and desirable amenities, the organization now attracts a much wider economic and social range of Qualified Buyers.

Since 1997, fifty (50) homes have been completed by CCDI for First Time Homebuyers; forty (41) rehabilitations and nine (9) new constructions for a total of over 170 housed citizenry. This contribution tot he tax base represents a total real estate value of $5,00,105, with an average Affordable Housing sales price of $83,000 per home. CCDI customers range from retired elderly couples, to single parent schoolteachers and Naval Shipyard workers.

Note: CCDI’s completed houses once sold for as little as $35k, but now appraise and sell from $70k - $116k.

The availability of HOME funds, offered through the City of Portsmouth’s HUD/HOME Program, has assisted 85% of CCDI’s Homebuyers with downpayment and closing cost assistance. In November of 2002, CCDI received continued certification as a HUD Certified Non-profit for participation in FHA programs.

CCDI has completed homes in the Portsmouth neighborhoods of: Prentis Park, Prentis Place, Park View, West Park View, Shea Terrace, Mount Hermon and Port Norfolk.

It is anticipated that CCDI will complete 18 houses by December 2002. CCDI is committed to changing the landscape of Portsmouth. We will continue to provide First Time Homeownership education, and offer HOME downpayment and closing cost assistance to qualified First Time Homebuyers.