The Process

Our comprehensive Building Development Invest Program identifies: properties for low-incoming housing focusing on key elements like location, land size, depth, structure, zoning and soil conditions.

We ensure Ready to Issue (RTI) status for timely project approval; preventing delays.
Securing financing through our trusted lender and assembling a skilled construction team helps us complete projects within 18 months.

Partnerships with nonprofit organizations to ensure stable occupancies and seamless transition from construction loans to long term financing.

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Our first step is to identify properties suitable for low-income housing development. We focus on key elements such as:
• Size: Adequate land size for the planned development.
• Structure: Existing structures that can be utilized or repurposed.
• Depth: Appropriate land depth for construction.
• Location: Proximity to amenities and employment centers.
• Zoning: Located in Opportunity Zones to maximize incentives.
• Soil Condition: Ensure soil is suitable for construction.

With our extensive experience, we identify the right opportunities before making any commitments, saving time and money.

Ensuring plans are approved and permits are ready for payment is crucial. This process can take up to a year and must be managed meticulously to avoid costly mistakes. By securing RTI (Ready to Issue) status, we ensure the project footprint is correct from the start, preventing delays and additional expenses.

Obtaining construction financing is a critical step. Unlike conventional loans, construction financing requires a robust portfolio and significant experience. We leverage our strong relationships with lenders who support our vision and project structure, ensuring timely money transfers and avoiding construction delays.

A detailed construction budget and a prepared team are essential for financial readiness and smooth project execution. We assemble a reliable and skilled construction team, working with top contractors committed to our projects. This ensures financial stability and the ability to handle any phase of the project.

We efficiently start and complete the construction phase within a timeline of up to 18 months. Adhering to a strict timeline helps prevent delays and additional costs. By managing challenges promptly, we keep the project on track and within budget.

We secure alliances with nonprofit organizations to ensure occupancy and rental income stability. Our pre-existing relationships with city and nonprofit organizations enable us to house low-income individuals effectively. Once we receive the Certificate of Occupancy (CofO), we notify our partners and commence the Master Lease agreements.

Transitioning from a construction loan to long-term financing (3 to 10 years) provides better loan conditions based on the new property value and market conditions. This offers financial stability and improved terms for the duration of the loan.

Investors are expected to fund the property purchase and soft costs before construction begins.
Soft costs include:
• the property purchase price
• architecture and engineering fees
• city fees
• legal fees for tenant evictions
NOTE: Tenants are the most challenging work we have in Los Angeles; California is a Tenant friendly State.
• cash for keys to incentivize tenant relocation
• costs for addressing property violations