Community Development Strategies (CDS) is a small, woman-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.

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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.

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RAD Development Consulting + Project Management

Pre-Closing Activities

  • Planning/Predevelopment /Due diligence
  • Funding applications (LIHTC/HUD approvals)
  • Procuring/Selecting contractors
  • Transaction document review/Closing process

Post-Closing Activities

  • 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