Argenta Community Development Corporation

Street Address:
401 Main Street
Suite 200
North Little Rock, AR 72114


Phone: 501-374-0622
Fax: 501-375-7965
Website: www.argentacdc.org

Brad Williams, Executive Director

Contact Name:
Phone:
Fax:
Email: 


Staff Size: Full Time: 6 

Background
Argenta CDC is a private non-profit 501(c)(3) organization established in 1992. The CDC was formed by residents and property owners in the downtown neighborhoods of North Little Rock, Arkansas in response to increasing levels of crime and neglected housing. Guided by the belief that decent and affordable housing is fundamental to neighborhood stability, Argenta CDC began to acquire neglected properties for rehabilitation and resale. In 1998 Argenta CDC expanded its service area to assist homebuyers throughout Pulaski County. In addition to green residential new home construction, the corporation provides homebuyer education, loan origination, access to grants for down-payment assistance, and post purchase counseling and provides single and multi family rental housing.

Mission
To improve the economic vitality and quality of life in targeted neighborhoods of North Little Rock, Arkansas through the development of quality housing, the promotion of home ownership and the stimulation of economic growth.

Total Operating Expense (9/30/2007): $425,820

 Lines of Business
  • Asset and Property Management

  • Community Building and Organizing

  • Home Ownership Promotion Services

  • Lending and Loan Portfolio Management

  • Real Estate Development


    • National NeighborWorks ® Programs
  • NeighborWorks Campaign for Home Ownership

    • Accomplishments in FY 2008
  • Provided 91 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 0 rental or owner occupied units (1-4 units).
  • Assisted 51 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 87 rental units.
  • Invested $ in the community through Argenta Community Development Corporation's revolving loan fund, which leveraged $4,893,721 from conventional lenders and other sources.
  • Total direct investment in the community is $4,893,721.

    • Additional Accomplishments
    Date Additional Accomplishment
    12/31/2007 Argenta CDC offered the first LEED certified affordable homes in Arkansas.

    Community Services
  • Community Building

  •  Business/Merchant Relationship

  •  Clean-up Project

  •  Community Outreach and Organizing

  •  Community Planning

  •  Landscape and Neighborhood Beautification

  •  Leadership Training

  •  Neighborhood / Resident Crime Watch

  •  Neighborhood Festivals

  • Financial Planning and Assistance

  •  Down-payment Assistance

  •  Financial Education

  •  Foreclosure Prevention Training

  •  IDA Savings Program

  • Green Building and Home Improvement

  •  Environmental Friendly Building Materials

  •  Handyman Referrals

  •  Home Maintenance Training

  •  Indoor Environment Quality

  •  Sustainable Site Planning

  •  Water Quality and Conservation

  • Housing Programs and Home Ownership Counseling

  •  Home Ownership Center

  •  Home Ownership Counseling

  •  Housing for Handicapped

  •  Rental Housing

  •  Section 8 Housing


    • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    Don ChambersBoard MemberResident Landscape Architect
    Kelly ConleyBoard PresidentFinancial InstitutionCFO NetworkSenior Financial Analyst
    Harry HamlinBoard MemberBusiness Attorney
    John JenkinsBoard TreasurerFinancial Institution Vice President
    Eddie MartinBoard MemberBusinessCoulson OilAttorney
    Beth MasonBoard MemberBusinessSmart Talk Counsulting-Owner 
    Steve MitchellBoard MemberResident  
    Becky RagsdaleBoard MemberResident  
    Hillis SchildsBoard MemberFinancial InstitutionRegions Bank 
    Candice SmithBoard MemberBusiness Attorney
    Dolly SmithBoard MemberResidentNorth Little Rock School District 
    Patrick StairBoard SecretaryResidentArkansas Department of Environmental Quality 
    Machelle Steward-BrownBoard MemberResidentLittle Rock School DistrictSchool Teacher/Educator, Washington Magnet School
    Kent WalkerBoard Vice PresidentBusiness  
    Nick WillisBoard MemberResident  

    About the NeighborWorks ® Network
    The NeighborWorks® network is a nationwide network of more than 240 community development organizations working in nearly 4358 urban, suburban and rural communities across America. These organizations engage in revitalization strategies that strengthen communities and transform lives. In the last five years alone, NeighborWorks® organizations have generated more than $8.5 billion in reinvestment and helped more than 500,000 families of modest means purchase or improve their homes or secure safe, decent rental or mutual housing.

    NeighborWorks ® America Contact Information
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