RAD Conversion Specialists (RCS) has the unique ability to assist in all phases of affordable housing development – Assessment, Application, and Implementation.
The Assessment Phase includes understanding the existing conditions and analysis of the financial feasibility of potential projects, including the investigation of various funding sources.
The Application Phase requires, among other things, detailed development and operating pro-formas and an evaluation of the likelihood of obtaining low-income housing tax credits.
While RCS has the experience and ability to guide PHAs through these phases, the Award/Implementation Phase is where RCS provides the most value. Our proven financial acumen and experience with low-income housing tax credits, FHA loans, HOME Funds, and Replacement Housing Factor (RHF) Funds, as well as our connections with lenders and tax credit investors, expedites the Implementation Phase and leads to very successful developments.