OUR SERVICES

Advisory

NCV housing experts review, analyze and provide strategic courses of action, such as refinancing, redeveloping, and/or utilizing various federal and local government resources. With our extensive experience and network, we help our clients achieve their financial and housing goals, while also providing a steady source of revenues for the firm. 

  • PRAC to RAD (section 8)

  • Right of First Refusal (ROFR)

  • Debt and Capital Raising

  • Year 15 preservation


NCV RAD CAPABILITIES

The Rental Assistance Demonstration (RAD) is a voluntary program that specifically seeks to preserve Section 202 elderly housing by providing properties with access to stable funding and necessary improvements. Our team can coordinate the entire RAD process in-house, assisting with the completion of all underwriting, RAD/HUD applications, coordinate third-party involvement and raise private debt. 

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Pre-Development and Closing 

  • Develop financial models

  • Respond to RFP’s and RFQ’s

  • Prepare lender, agency and syndicatorapplications and obtain approvals from funders and syndicators

  • Prepare green submissions

  • Hire consultants and/or contractors

  • Manage environmental process, includingsoil boring, remediations plans, and filings

  • Manage the architectural and design process

  • Prepare and coordinate all required closing 

Construction & Rehabilitation

  • Attend construction site visits and conduct walk throughs

  • Assist with resolution of construction issues that arise

  • Establish monthly bank requisition process

  • Review and track hard and soft cost invoices

  • Report on construction progress and costs

  • Prepare monthly requisitions


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