Collaborative Housing Solutions provides development consulting along a spectrum of rental housing types, including supportive housing for special needs households, garden-style apartments for families, and communities for senior citizens. We are experienced in both rehabilitation of existing properties and new construction. Our team has successfully used a variety of public and private financing, including Low Income Housing Tax Credits, Historic Tax Credits, HOME funds, CDBG funds, FHA debt financing, National Housing Trust Fund financing, State Permanent Supportive Housing Program loans, HUD Supportive Housing Program funds, Federal Home Loan Bank Affordable Housing Program grants, private foundation grants, conventional debt, Section 8 Project Based Rental Assistance and the HUD Rental Assistance Demonstration (RAD) program.
recent development projects
Some of the developments that we have consulted on include:
Brentwood Place Apartments
A new apartment community in collaboration with In-Fill Housing, Inc. to serve working families in Forsyth, Georgia, a community that did not have any new apartments constructed in over 20 years. The $9.9 million development is financed with Low Income Housing Tax Credits, a State HOME loan, and an Affordable Housing Program grant from the Federal Home Loan Bank of Atlanta. Collaborative Housing Solutions staff provided full project management responsibilities from project concept through stabilized operations. The development was awarded the 2014 “Outstanding Family Development” by its equity syndicator CAHEC. A video description is also available.
Ashleigh Place Senior Apartments
A new 80-unit community for low-income seniors in Richmond Hill, Georgia developed by The Humanities Foundation. Collaborative Housing Solutions staff oversaw the successful applications for 9% LIHTCs and state HOME funds for the $11.6 million development.
The property provides innovative links to health services, such as a tele-medicine program, to improve the health outcomes of the residents. The property also offers support services, van services, and a food pantry for its residents.
our development consulting services
Management of Development Process and Team Coordination
Management of the Closing Process of Financing
Financing Application Preparation
Collaborative Housing Solutions serves as a consultant for Low Income Housing Tax Credit developments in Georgia, Tennessee, South Carolina, and Alabama. Collaborative Housing Solutions has significant expertise to conduct feasibility studies for owners considering FHA refinancing, RAD rental assistance, and other affordable housing financing strategies throughout the country.
“It goes without saying that working with the staff of Collaborative Housing Solutions has exceeded our expectations tenfold. Four successful RAD applications, three successful 9% LIHTC awards, three successful FHLB AHP grant applications, plus sound and candid advice on our decision-making process has resulted in our Authority achieving phenomenal success and growth.”Bob Dull, Executive Director of Griffin Housing Authority