Habitat briefs Albemarle on progress of Southwood redevelopment | Apartment Loan Depot Since 2005 – Fannie Mae and Freddie Mac Multifamily Loans Nationwide

(RECAP: The head of an area housing nonprofit says he is confident the redevelopment of the Southwood Mobile Home Park in Albemarle County will provide opportunities to improve the lives of the people who currently live there. “We believe that Southwood is going to be a model for how to redo aging urban areas in this county and do so without gentrification and without displacement,” saidDan Rosensweig, president and CEO of Habitat for Humanity of Greater Charlottesville. Rosensweig briefed the Board of Supervisors recently on Habitat’s efforts at Southwood, which he called the largest concentration of affordable housing in the county. Southwood marks the second time Habitat has bought a trailer park in the area with the intent of redeveloping it into a mixed-income community.)