Housing programs we know inside and out.
Most affordable deals combine several programs. Knowing how they interact is what keeps a project on schedule and in compliance.
RAD & Public Housing Repositioning
Recapitalize aging public housing while the housing authority keeps ownership and control.
- Rental Assistance Demonstration (RAD) conversions to PBV or PBRA
- Section 18 demolition and disposition, including RAD/Section 18 blends
- Faircloth-to-RAD new construction
- Section 22 Streamlined Voluntary Conversion
- Mixed-finance and Choice Neighborhoods
Section 8 & Rental Assistance
Use rental subsidy to support debt, attract equity, and preserve affordability.
- Project-Based Vouchers (PBV)
- Project-Based Rental Assistance (PBRA) and HAP renewals
- Section 202 and Section 811 including PRAC to RAD
- Mark-to-Market and preservation strategies
- Housing authority voucher commitments for new deals
Low-Income Housing Tax Credits
Federal and state credits structured to keep the sponsor in control.
- 9% competitive credits and QAP strategy
- 4% credits with tax-exempt bonds
- Income averaging
- State LIHTC programs
- Acquisition and rehab preservation deals
Workforce & Middle-Income Housing
Housing for the households earning too much for traditional programs and too little for the market.
- 60 to 120 percent AMI programs
- Local and state workforce housing initiatives
- Public land and municipal partnership models
- Employer-assisted housing
- Mixed-income structures
State & Local Housing Programs
Capital subsidy and incentives from state housing finance agencies and local governments.
- State housing finance agency soft loans
- State and local housing trust funds
- Inclusionary zoning and density bonuses
- Tax abatements and PILOT agreements
- Land banks and municipal land disposition
Federal Debt & Grant Programs
Long-term federal financing and competitive grants.
- HUD/FHA 221(d)(4) and 223(f) insured loans
- HOME, HOME-ARP, CDBG, and CDBG-DR
- National Housing Trust Fund
- USDA Rural Development 515 and 538
- FHLB Affordable Housing Program
Special populations
We also structure supportive and special-needs housing, including senior housing, permanent supportive housing, veterans housing, and housing for people with disabilities, where nonprofit sponsors are often the natural owners.
Have a site, a portfolio, or a RAD conversion in mind?
Tell us what you own and what you want to build. We will tell you how it can be structured so your organization stays the developer.