Diamond & Associates is a skilled, successful developer, provider of development advisory services, and property manager, focused upon the planning, packaging, financing, structuring, closing, construction, leasing and or sale of affordable, multifamily housing development projects. Since 1990, it has supported the development of over 5,300 completed affordable apartments.
In its advisory capacity, Diamond & Associates assists non-profit, for-profit, and public entities in Pennsylvania, New Jersey, Maryland, and Washington D.C.
Core competencies include:
·Assistance in project selection and planning
·Selection and coordination of development team members, including design, construction, environmental, geotechnical, legal and accounting professionals
·Creation and management of pro forma as tools which support accurate project decision-making and the resolution of project challenges
·Creation of applications for affordable housing financings, including private and public debt and equity, with a focus upon Section 42 Tax Credit, HUD 202 Refinancing, HUD 236 De-Coupling and Restructuring, Public Housing development funding, ACC/Section 9 operating subsidies, Project Based Section 8 operating subsidies, HUD 202 & 811 Capital Advance fundings, HUD Section 223 and 221d4 loan insurance, Historic Tax Credit, FHLB Affordable Housing Program, Tax-Exempt Bond, CDBG, HOME and other development financings