Examples of Past Work Experience
Our area of expertise is coordinating affordable housing and community development projects that utilize a variety of public and private financing sources. Below is a summary of the past work of Ponterre Group.

Supportive Housing
Ponterre Group provided project management services to Lutheran Social Service’s Center for Changing Lives and Park Avenue Apartments, a mixed use development in south Minneapolis funded with State Revenue GO Bonds, 9% Low Income Housing Tax Credits, New Market Tax Credits, State, County and City deferred financing and other private funds. The project will serve long term homeless households, individuals that are near homelessness and workforce families. The project will be one of the first LEED-certified projects of its kind of Minnesota. Other recent supportive housing projects include The Bridge for Runaway Youth’s new transitional housing center, Castleview Apartments, a Salvation Army development in Rochester and Penn Avenue Apartments, an acquisition and rehabilitation project for homeless ex-offenders in North Minneapolis.

Workforce Housing
Ponterre Group has extensive experience working on affordable, workforce housing projects. In some cases, we’ve been involved with all aspects of the development process and other times, depending on the capacity of the developer, may work on specific components as it relates to the tax credits, bond proceeds or public funds. Recent projects include Washington Court Apartments in Minneapolis’ Holland neighborhood, Blaisdell Apartments in Minneapolis’ Whittier neighborhood, Centennial Gardens East & West in Roseville, Calvary Center Apartments in Golden Valley and Woodlynn Village in Maplewood.

Expiring Tax Credit Properties
Ponterre Group has experience working on the feasibility of expiring LIHTC projects. We’ve gathered information relating to all existing debt and restrictive covenants from owners and/or financing agencies; facilitated meetings with funders regarding disposition / refinance options; and presented owners with preliminary analysis of various options. Recent projects include Garden City Court in Brooklyn Center.

Community Development
Ponterre Group has more recently begun working on community development projects involving the redevelopment of community facilities and commercial buildings. Our consultants have experience working with New Market Tax Credits and other public and private sources that can be used for community or commercial projects. A recent community development project includes the Seward Co-op Redevelopment.

Program Development and Capacity Building
Ponterre Group can assist your organization in creating and administering housing and/or community development programs and developing strategies and securing funds to increase organizational capacity. Some of Ponterre Group’s most recent work includes program development and administration for Minnesota Housing Finance Agency, Greater Minnesota Housing Fund, Family Housing Fund and Hennepin County.