Pre-Development/ Feasibility

  • Assess and prioritize needs of population to be served
  • Prepare initial development budgets and operating pro forma
  • Identify potential properties and site control strategies
  • Procure and coordinate various third party report/analysis: market studies, zoning requirements, land surveys, topographical maps, title commitments, easements, soils and Phase I & II reports
  • Prepare and manage the Requests for Qualifications (RFQ) and theRequests for Proposals (RFP) process for Architectural Services
  • Review construction cost estimates and design alternatives
  • Identify financing sources and develop competitive strategies

Preparation of Funding Applications

  • Low Income Housing Tax Credits (LIHTC) 9%
  • Tax-exempt Bonds and LIHTC 4%
  • Connecticut Housing Finance Authority (CHFA) Financing
  • CHFA Next Steps Financing and Other CHFA funding
  • State Housing Tax Credit Contribution Funds (HTCC)
  • Department of Housing (DOH) of the State of Connecticut (CHAMP)
  • DOH SSHP funds
  • HUD mod rehab/SHP
  • HUD Community Development Block Grant (CDBG)
  • HUD Section 202/811 Fund
  • City HOME
  • Federal Home Loan Bank (AHP)

Housing Development Activities

  • Conduct community notification to ensure neighborhood support
  • Create and monitor accounting system for each project
  • Facilitate site acquisition closing
  • Negotiate commitments and contracts with funding sources
  • Secure construction financing and facilitate construction loan closing
  • Coordinate overall activities of development team members
  • Ensure compliance with requirements of various funding sources

Construction Oversight/ Site Project Management

  • Oversee the bid process or negotiation of the construction contract
  • Review and provide feedback on construction plans and specifications
  • Evaluate cost effectiveness of design and provide value engineering recommendations
  • Conduct pre-construction meetings with stakeholders to establish job site expectations, review schedule and change order/draw procedures
  • AttendĀ regular construction meetings to monitor quality and compliance with construction plans and specifications
  • Review all modification proposals, change orders and payment requisitions
  • Approve final punch list, gather close-out materials from contractor including: final certificates of inspection, O&M manuals, keying schedule, as-built drawings and affidavits for release of liens and payment of debts and claims

Requisition management and Cost Certification Support

  • Maintain and update Construction Cash flow
  • Prepare monthly requisitions and funder draw requests
  • Work with owner finance department to maintain project accounting
  • Manage and update the project construction budget and draw schedule
  • Work with third party accountants in order to prepare Cost Certification

Marketing & Lease-up

  • Create, Implement and Oversee Affirmative Fair Housing Marketing Plans
  • Design and Creation of marketing materials and announcements
  • Oversee & Coordinate 3rd party income certifications
  • Work directly with property managers in order to transition from development completion to management.