Our services
There are two primary reasons why affordable housing development in the United States is too complicated. First, it relies on the Low-Income Housing Tax Credit (LIHTC), which features mathematical formulae that are too complex to navigate without the assistance of syndicators and tax accountants. Second, each federal agency, state, and federal home loan bank has individual rules governing how it allocates its funds. With the increase in construction costs since the COVID-19 pandemic, developers more frequently need to use multiple funding sources and navigate the combined requirements, and we can help.
The math and terminology add an aura of mystique, so only the initiated few understand the LIHTC program. We are particularly useful in training non-profits, housing authorities, and newer developers in these nuances and de-mystifying the processes.
Typically, we assist with program design and fundraising to assist providers who are introducing, preserving, or expanding affordable housing. We also provide technical assistance, including construction monitoring and finance, feasibility analyses, supportive services plans, relocation planning, and affordable home-ownership programs.
Ultimately, we temporarily support organizations that develop and manage affordable housing developments.
Application Preparation
We have extensive experience in a wide range of fundraising applications, including, but not limited to:
Low-Income Housing Tax Credits with State Housing Financing Agencies
Federal Home Loan Bank Grants
Department of Housing and Urban Development (HUD) grants
USDA Mortgage Transfer Applications
We also offer Project Completion Consulting once your project is funded.
Our clients
Our clients have included housing authorities, regional mental health service providers, large and small non- and for-profit developers in affordable development for families and the elderly, and small non-profits providing various social services programs.
We are a multi-faceted resource that not only gets projects funded but also keeps the health of our clients' organizations in mind throughout the entire life of their projects.