Community Development Strategies is a small woman-owned business that provides affordable housing development consulting services nationwide. CDS is headquartered in downtown Chicago.

2023 Community Development Strategies Accomplishments 

  • Led Choice Neighborhoods Implementation Application
  • Led RAD/LIHTC closings including 2,105 public housing units (PBV, PBRA and Section 18 Blends).
  • Obtained multiple 4% LIHTC awards and gap funding sources.
  • Worked on multiple scattered site public housing to PBV conversions to maximize rents.

CDS provides 25-years of experience working with HUD and housing authorities across the country to structure, leverage and implement affordable, sustainable, mixed-income and mixed-use redevelopment projects with multiple-financing layers.   Learn More →

CDS specializes in the project management and implementation of HUD programs including: Rental Housing Demonstration/ Section 18/project-based voucher conversions, mixed-finance/mixed-income development. CDS works to maximize revenue to invest and preserve affordable housing assets. View our services →

 RAD Development Consulting + Project Management

Pre-Closing and Post-Closing Activities

  • 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

Portfolio and Site Level Analysis 

  • Asset repositioning alternatives
  • RAD/Section 18 Blend and Faircloth to RAD
  • Funding gap sources identification
  • 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
  • Project management/Budget tracking
  • HUD public housing/Procurement compliance
  • Project draw/construction pay app processing
  • Section 3/MBE/WBE certified payrolls compliance