Community Development Strategies (CDS) is a small, women-owned business that provides affordable housing development consulting services. CDS is headquartered in downtown Chicago.
CDS provides senior-level expertise based on decades of experience working with housing agencies across the country in converting to RAD, structuring, leveraging and implementing affordable, sustainable, mixed-income and mixed-use redevelopment projects with multiple-financing layers.
CDS specializes in the project management and implementation of HUD’s affordable programs including: Rental Housing Demonstration/ Section 18/project-based voucher conversions, mixed-finance/mixed-income development, and mixed-use development. CDS works to maximize funding generated for investment to preserve affordable housing assets.
RAD Development Consulting + Project Management
- Planning/Predevelopment /Due diligence
- Funding applications (LIHTC/HUD approvals)
- Procuring/Selecting contractors
- Transaction document review/Closing process
- Budget and schedule oversight during construction
- Draw preparation/Review and processing
- Lease-up oversight
- Reporting/Equity and lender milestone requirements
Asset Repositioning + Strategic Implementation
Consistency and Follow-Up
- Asset repositioning alternatives
- Strategic implementation strategies
- PHA Annual/Capital Fund Planning
- Tracking timelines/Budgets/Action items
Technical Assistance + Training
Best Practices and Internal Agency Experience
- RAD and Development processes
- HUD public housing/procurement compliance
- Project draw/construction pay app processing
- Section 3/MBE/WBE certified payrolls compliance