What is now Compass Realty and Construction Group began in July 2015 as Affordable Housing Realty. Its community-minded focus was to subsidize low- and moderate-income families looking to buy their first homes with available funds from the U.S. Department of Housing and Urban Development. But the federal funding earmarked for the program grew smaller and smaller each year.
In an effort to secure more funding, we recently expanded our scope to include all residential homebuyers and builders, regardless of financial need. We changed our name to Compass Realty and Construction Group to reflect our expanded focus, and the staff was partnered with the existing Crawford-Sebastian Community Development Council to eliminate duplicate services.
Compass Realty now exists as a full-service real estate company and construction contractor for individuals in both Crawford and Sebastian counties. We employ full-time Realtors to assist clients with buying or selling existing homes and full-time project managers able to bid on any residential remodeling or building project.
But Compass Realty and Construction Group still retains that community-minded mission of helping the less advantaged. We still work with low- and moderate-income families in the Fort Smith region who need financial assistance to purchase their first home. Compass Realty helps these people cover the down payment and/or closing costs based on individual income level and need. Any profits Compass Realty earns on market-rate transactions are added to the federal funds available each year, so we are able to help more people in need within our community.
We have a unique story and a strong desire to assist people wishing to move into affordable housing. This drive helps revitalize entire neighborhoods and strengthen the economic engine of the Arkansas River valley region.