CHP has extensive experience and expertise in managing large, complex multifamily real estate development and rehabilitation projects. These projects often involve both the public and private sectors.
CHP has a long, successful history of structuring Low-Income Housing Tax Credit (LIHTC) development projects, completing over 100 such projects since 1986. Of those developments, the majority have been in Virginia, making CHP one of the largest low- income housing tax credit recipients in the state. We are also experienced with HUD mixed finance applications, HUD demolition and disposition orders, HUD Housing Assistance Payments (HAP) transfers, and HUD Rental Assistance Demonstration (RAD) applications.
In some instances, CHP has served as a consultant, provided insight for, or worked closely with many housing authorities including Housing Authority of Baltimore City, Hopewell Housing Redevelopment Authority, Greenbrier Housing Authority, Newport News Redevelopment and Housing Authority, Franklin Redevelopment and Housing Authority, Charlottesville Housing Authority, and Wytheville Redevelopment and Housing Authority, as well as the Town of Blacksburg, Virginia, in the development of affordable and mixed-income properties.
Our team is fully engaged from the earliest phases of site assessment through post-project completion reports, which can include filings for historic credits, IRS documents, equity investors, compliance reports, and pro-forma analysis as needed or requested by owners.