Universal Housing Development Corporation

Street Address:
301 East Third Street
Russellville, AR 72811
Mailing Address:P.O. BOX 846
Russellville, AR 72811

Phone: 479-968-5001
Fax: 479-968-5002
Website: 

Patricia Atkinson, Executive Director

Contact Name: Patricia Atkinson
Phone: 479-968-5001
Fax: 479-968-5002
Email: pat@uhdc.net


Staff Size: Full Time: 20 

Background
Universal Housing Development Corporation (UHDC) was founded as a nonprofit corporation in 1971 to assist low-income families with safe and sanitary housing in a service area encompassing eight rural counties in northwest Arkansas. UHDC has maintained success in rural development through homeownership assistance, construction of self-help housing, weatherization programs, and Section 8 administration.

Mission
UHDC mission is to provide housing and housing assistance to low and very low-income families in central and western Arkansas. UHDC has consistently met its mission with the substantial production through programs involving homeownership counseling, construction of self-help housing, owner-occupied rehabilitation, multi-family housing, and weatherization.

Total Operating Expense (9/30/2007): $1,573,802

 Lines of Business
  • Asset and Property Management

  • Community Based Economic Development

  • Community Building and Organizing

  • Home Ownership Promotion Services

  • Lending and Loan Portfolio Management

  • Real Estate Development


    • National NeighborWorks ® Programs
  • NeighborWorks Campaign for Home Ownership
  • NeighborWorks Rural Initiative

    • Accomplishments in FY 2008
  • Provided 125 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 63 rental or owner occupied units (1-4 units).
  • Assisted 80 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 75 rental units.
  • Invested $155,319 in the community through Universal Housing Development Corporation's revolving loan fund, which leveraged $7,116,370 from conventional lenders and other sources.
  • Total direct investment in the community is $7,271,689.

    • Community Services
  • Financial Planning and Assistance

  •  Down-payment Assistance

  •  Financial Education

  •  Foreclosure Prevention Training

  • Green Building and Home Improvement

  •  Environmental Friendly Building Materials

  •  Renewable Energy Resources

  •  Sustainable Site Planning

  • Housing Programs and Home Ownership Counseling

  •  Housing for Elderly

  •  Housing for Handicapped

  •  Section 8 Housing


    • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    Joe BraselBoard Vice ChairOther  
    Johnny CarolinaBoard MemberOther  
    Carl DayBoard MemberOther  
    Sandra EvansBoard MemberOther  
    Duard FinkenbinderBoard SecretaryOther  
    Judge Jimmy HartBoard MemberLocal GovernmentConway County CourtHouseJudge
    Donna RobertsBoard MemberFinancial InstitutionArvest BankVice President/Branch Manager/Business Development
    Jimmy L WittBoard PresidentBusinessJames Lee Witt AssociatesGovernment Affairs Officer

    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.

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