CAPABILTIES
Acquisition & Development
Since our inception, Foundation Housing has been integrally involved in the recapitalization and preservation of more than 50,000 units of multifamily housing with transaction values exceeding $2.5 billion.
Despite the expansion of Foundation Housing over the years, our commitment to strategic investment and strong innovation to improve America’s affordable housing stock has not wavered. More so than ever, the affordable housing crisis nationwide demands dynamic leaders who can structure creative transactions to ensure low-income American receive better access to clean, decent, and well-managed communities.
Acquisition Services
- Preparation of business plans for property to generate cash flow and value
- Analysis of property performance vs budget including revenue maximization & controllable / non-controllable expense review
- Property contract procurement and review
Development Services
- 9% and 4% LIHTC preservation
- Sourcing Debt Financing (tax-exempt bond structuring)
- LIHTC equity syndication
- Section 8 HAP Renewal, including Mark-Up-to-Market and Section 236 IRP Decoupling
- Real Estate Tax Abatement (PILOT)
- Cost certification and IRS form 8609
- Complex financial underwriting and modeling
- Collaboration with architects and general contractors to develop scope of work
- Construction monitoring, unit lease-up, and tenant certification
- Temporary tenant relocation
