Ideal Realty Group’s Affordable Housing Group is your trusted source for buying and selling Section 8 and Section 42 affordable housing.
The affordable housing sector is highly technical, with difficult-to-navigate capital structures. Ideal Realty has always been involved in the sale of affordable housing, and starting in 2020, we have a separate dedicated group concentrating exclusively on affordable housing.
We are perpetual students of the ever-changing affordable housing market. We aim to learn more every day about all of the different facets of affordable housing brokerage and advisory, including transactions of both real estate and partnership interests, financing, management, operations, ground-up and acquisition & rehab development, regulations, tax implications, individual state requirements, the importance of REAC scores and much more.
We continue to stay abreast about the Low Income Housing Tax Credit (LIHTC) arena financing programs available through HUD, Section 8, Rural Housing programs such as USDA 538 Loans, and Rental Assistance Demonstration (RAD). We also add to our understanding of various federal and state programs such as HUD’s HOME funds, Maryland’s Partnership Program, Rental Housing Works, and other programs that can be layered subsidies.
Since we are involved in many ground up developments, we try to keep our finger on the pulse of the development pipelines in the greater DC area as well as the greater Baltimore, MD submarkets.
We understand Opportunity Zones, Qualified Census Tracts (QCTs), Difficult to Develop Areas (DDAs), Areas of Opportunity and how they can enhance a development project.
By bringing together our expertise and proven track record to focus on your specific needs, we can help you successfully navigate every step of the process, whether you’re looking to acquire, dispose of, renovate, refinance or develop affordable housing.