Affordable Housing

With over 40 combined years in the affordable housing industry, and with more than $3 billion in transactions that have helped make Greystone one of the top-ranked Fannie Mae Multifamily Affordable Housing lenders in the country, our team is uniquely qualified to navigate the complex and specialized aspects inherent in the buying and selling of affordable housing properties.

Low Income Housing Tax Credit (LIHTC)

9% LIHTC & 4% LIHTC and TEB Expertise
Stat Tax Credit Integration (where available)
Qualified Contract Expertise

Project Based Section 8 Program

Mark-Up-To-Market Rent Increases
Rent Comparability Study Optimization
Section 236 and Section 202 Recapitalization
Section 8 Renewal Option Advisory Services
Pre- to Post-MAHRA HAP Contract Changes
Mod- Rehab HAP Contract Conversions
Full Market-to-Market Restructuring

501(c)(3) Tax-Exempt Bond Financing

S&P-Rated Direct Placement Executions

USADA Rural Development Section 515/538

Affordable Housing Research & Market Updates

National 9% LIHTC Scoring Analysis
National QAP Abstracts
Real-Time LIHTC Pricing from the Top LIHTC Syndicators Nationally
Updates and Analysis of Federal and State Affordable Housing Proposals

Investment Sales

Individual Property & Portfolio Sales
General Partnership Interest Sales
Valuation Optimization through Expertise in Buyer Financing Structures and Available Soft Money Resources (AHP, HOME, CDBG, Tax Abatement)

Debt Placement for Affordable Housing

Acquisition Financing
Refinancing Alternatives
Fannie Mae, Freddie Mac & FHA Credit-Enhancement Structures
S&P-Rated & direct placement Tax-Exempt Bond Structure Advisory

Recapitalization Advisory Services

Assist owners with how to possibly resyndicate / redevelop their own portfolios

Affordable Housing Advisory Services

Portfolio analysis to determine sale vs. refinance vs. resyndication alternatives
NOI Optimization Advisory Services (affordable rent increase options, tax abatements, soft money, etc.)
Affordable Housing Consulting Services (advising on the best deal team / financial structures for specific affordable housing executions)

Affordable Housing

Affordable Housing

Areas of Specialty Focus

Advisory Services Offered