Housing Finance Consulting
Public Funding Application Process
Common Ground has a remarkable record of success in helping our clients secure public funding for housing and real estate projects. We know how to plan and structure projects to align with the selection criteria of public sector funders. With increasingly competitive processes, this edge can make all the difference.
Our expertise spans:
- Tax credit financing (LIHTC and other specialized programs)
- Tax-exempt bonds
- HUD financing
- State and local funding
- Private financing
See the housing finance summary page for more details.
Feasibility Studies
Common Ground can provide customized advisory services to our clients to meet unique needs, such as deal-structuring advice, financial modeling, cost-containment strategy, refinancing assistance, and negotiation with funders and lenders. We’ve helped clients save millions of dollars, uncover new funding sources, get the most from existing sources, put troubled projects back on track, and manage assets in financially sustainable ways. Whatever your needs, we can be a valuable partner.
The process can include:
- Site assessment
- Design concept evaluation
- Cost estimation for development and operations
- Assessment of financing sources
- Market study
- Community and political issues
- Schedule projection
- Generation/assessment of alternative concepts and strategies
Advisory Services
Common Ground can provide customized advisory services to our clients to meet unique needs, such as deal-structuring advice, financial modeling, cost-containment strategy, refinancing assistance, and negotiation with funders and lenders. We’ve helped clients save millions of dollars, uncover new funding sources, get the most from existing sources, put troubled projects back on track, and manage assets in financially sustainable ways. Whatever your needs, we can be a valuable partner.
Examples of Recent Work:
Bremerton Housing Authority - Advised senior management on financial re-structuring of a major Hope VI development.
DESC - Financial sustainability analysis of a building acquisition helped client determine capital and operational funding requirements.
Kin On Community Health Care - Feasibility studies on assisted living and senior housing concepts informed board decisions on land use planning.
Navos - Successfully secured State and County funding for affordable housing for persons with mental illness.
Seattle Housing Authority - Secured tax credit financing for a major public housing project, conducted financial analysis, and negotiated the deal structure with project investor.
Sound Transit - Feasibility study assessed viability of affordable housing options at transit locations.
