Develop Affordable Housing
Ponterre Group partners are experts in coordinating affordable housing and community development projects that utilize a variety of public and private funds. Ponterre Group can assist with your project in the following ways:

Project Feasibility Analysis
Ponterre Group can help you:

• Create and refine your project concept
• Analyze the economics of the project
• Lay out a road map of the design, financing, regulatory, construction, politics and other steps you will need to complete your project.

Project Financial Packaging
Ponterre Group can help you identify and secure some or all of your financing. We’re particularly adept at strategizing and securing financing for projects requiring multiple public and private sources. Project Management – Ponterre Group can:

• Facilitate site acquisition
• Take a lead role in the closing of all public and private resources
• Assemble the design and construction teams
• Manage the construction draw process
• Maintain communication with client’s staff, MHFA staff, municipal staff, title company, attorneys, architects, tax credit investor, lenders and others involved in the development.
• Coordination all due diligence requirements, track progress of document submission and disseminate necessary information to others to ensure project moves through underwriting and closing in a timely manner.

Project Close Out
Ponterre Group can help you:

• Prepare carryover and 8609 applications
• Secure final LIHTC capital contributions
• Assist in the marketing, lease up and occupancy of your completed project.

Improve Organizational Capacity
Ponterre Group helps organizations successfully increase their ability to develop, manage, and sustain low-income housing. We work with executive directors, boards and their staff to support local decision-making and strategic planning. Services in this area include:

• Determine, refine or articulate missions and strategic goals
• Facilitate the development of strategic plans and business plans
• Prepare grants for operational or project specific support
• Group facilitation
• Train staff on technical aspects of developing affordable housing

Create & Administer Housing Programs
Ponterre Group assists organizations to plan, finance, deliver, administer and/or evaluate housing models and programs. Ponterre Group provides strategic and technical support by helping to develop policies, administrative structures, and an informed local staff to ensure successful allocation and management of housing funds. We can design entire housing programs, or focus on specific components. Services in this area include:

• Thoroughly research the existing market, with focus on gaps and demands
• Engage stakeholders to ensure a relevant outcome
• Develop materials and tools to ensure efficient long-term program administration
• Review and analyze existing programs and make recommendations for program modifications

secure FUNDING SOURCES
Ponterre Group Consultants have extensive knowledge in the following financing sources:

• Federal Low Income Housing Tax Credits (both 4% and 9%)
  
• Federal Historic Tax Credits
  
• Tax Exempt Housing Revenue Bonds
  
• New Market Tax Credits
  
• U.S. Department of Housing & Urban Development (HUD)
  • McKinney Act / Continuum of Care Funding Programs
  • Section 202, 811, 221(d)(4) Programs
  • HOME & CDBG through Participating Jurisdictions
  
• Department of Employment and Economic Development Environmental Investigation and Cleanup Funds
  
• Minnesota Green Communities
  
• Minnesota Housing Finance Agency
  • Single Family Community Revitalization Fund
  • Multifamily First Mortgage Program
  • Multifamily Deferred Loans and Grants including Ending Long-term Homeless and Supportive Housing funds
  • Multifamily Ending Long Term Homeless Programs
  
• Metropolitan Council Livable Communities Development Account, Livable Housing Incentive Account, Tax Base Revitalization Account
  
• Tax Increment Financing
  
• Deferred Financing through Cities, Counties, Family Housing Fund, Greater MN Housing Fund, Federal Home Loan Bank, other foundations