RAD for PRAC Advisory Services
Dominion Due Diligence Group (D3G) is a full-service real estate due diligence company with an in-house team of experts helping to shape the affordable housing preservation industry by presenting housing solutions to Nonprofit Entities, Public Housing Agencies, Municipalities, Developers, Borrowers, Lenders, Equity Investors, General Contractors, and Design Professionals.
Office to Residential: A Solution for Adaptive Reuse of Corporate Spaces
In the fourth quarter of 2023, the Biden Administration stirred excitement in the multifamily industry by unveiling a White House Announcement. This release introduced additional resources and financing options, aiming to facilitate the conversion of office and commercial buildings into multifamily residences.
Rob’s Ramblings– Redefining RAD as Repositioning
The term “RAD Panel” has echoed through many housing discussions, but what concerns me is the sometimes-myopic nature of the program. Let’s re-phrase: RAD should realistically be called Repositioning.
Rob’s Ramblings– The Inflationary Reduction Act (IRA)
The Inflationary Reduction Act (IRA) has made headlines with a staggering $437 billion, but the question remains: Where is the love for housing programs?
Rob’s Ramblings– Office to Residential Initiative
The White House recently issued a FACT SHEET to create more affordable housing by converting commercial properties to residential use, accompanied by the Guidebook to Available Federal Resources.
Rob’s Ramblings– Asset Management Takes Center Stage
Q4 of 2023 has been a whirlwind. Having just concluded a string of six housing conferences over seven weeks, my mind is abuzz with a jumble of year-end housing reflections.Here’s a snapshot of the insights I gathered during my recent “tour” with fellow housing professionals:
Environmental Q&A
Amy Seim has been with D3G since 2001. She is responsible for managing her team of environmental project managers, overseeing day-to-day operations for the department, and finding opportunities to improve efficiencies in D3G processes.
What Options Are Available To Your PHA During Repositioning?
Repositioning facilitates the preservation, rehabilitation, or demolition and new construction of public housing by increasing access to financing to address capital needs. Repositioning preserves the availability of affordable housing assistance, either through a physical unit or a voucher.
What is an Architectural & Cost Review?
An architectural & cost review (AEC Review) is a comprehensive analysis of the building design and construction process to ensure that it is effective, cost-efficient, and compliant with identified program requirements (HUD MAP Guide Chapter 5). This review ensures that resources are used optimally and projects are completed within budget and on time. This article will discuss the importance of an architectural & cost review, its key components, benefits, and best practices.
Understanding Energy Benchmarking, Modeling, and Green Building Certifications
As Environmental, Social, and Corporate Government (ESG) continues to gain traction, property owners, developers, and lenders are adopting green building practices to improve access to capital funds, increase cost savings, and implement sustainable design. In this article, we’ll discuss these topics and shed light on their relevance to the multifamily housing sector.