Financial Feasibility Analysis for Multifamily and Single family Developments
Using professional and sophisticated spreadsheet models developed over numerous years, an analysis of what your project will cost and scenarios of possible financing structures can be determined.

Funding Application Preparation
Once a feasible financial structure is decided on, Development Steps can assemble funding applications for such funding using layered financing, equity funds, or private bank financing for construction and permanent financing. Many successful applications have been prepared for HOME, Community Development Block Grant (CDBG) Funds, Federal Home Loan Bank AHP (Affordable Housing Program), ADDI, USDA-RD, various predevelopment sources, local subsidy, and others. These services are available for both multi-family and single-family projects.

LIHTC Year-15 Dissolution – Development Steps will analyze LIHTC back-end issues to help organizations successfully dissolve a limited partnership after the LIHTC compliance period is met. Financial analysis should begin by year 10 of the compliance period in case partnership agreement adjustments need to be made.

Land Development and Entitlement Consulting – Development Steps will assist the individuals, non-profit or for-profit developers to understand, analyze, and satisfy the permitting process and land entitlement issues in the most efficient way.

Affordable Housing Finance Training – Development Steps offers flexible training to non-profit developer’s staff and/or board of Trustees to help them better understand affordable housing finance, layered financing, and compliance issues.

Development Proformas – Development Steps can provide customized proformas that organizations or companies can use to analyze their market rate, work force housing or affordable housing projects. Consulting Services are available on using QuickBooks’ accounting system for accurate cost tracking and project accounting and budgeting.

Green Building Guidance and Evaluation - Development Steps will assist you and your development team in the site planning and design phases for creating sustainable communities and meeting Green Building Guidelines promulgated by LEED, EarthCraft, National Association of Home Builder’s Green Guidelines, or other criteria of choice.