We have accessed hundreds of millions of dollars in funding through local, state and federal government programs and grants. We have a long history of success in applying for and being awarded highly competitive 9% Low Income Housing Tax Credits, including funding for our Rockview, Brookside, Twin Brooks, Mill River Crossing (aka. Farnam Court), and Fair Haven developments.
We also have a long history of success in non-LIHTC competitive funding cycles. We understand the nature of competitive residential funding sources and work tirelessly to identify sources, review rating standards, and structure applications to be successful. We’ve won multiple competitive funding awards under the State of Connecticut Department of Housing CHAMP program, Connecticut Brownfield, Federal HOME funds, and the Federal Home Loan Bank Affordable Housing Program.
Lastly, we have established relationships with both national and regional financing institutions. We’ve structured multiple TEB / 4% LIHTC deals as well as FHA 221d as well as standard commercial financing deals.
Let us put our knowledge and expertise to work for you.
The Glendower Group provides consulting services, including sourcing allocation, identifying other funds, and compliance/asset management services for projects particularly in low income, distressed communities.
The Glendower Group Follow
The Glendower Group (Glendower) is a nonprofit 501(c)(3) instrumentality to Elm City Communities specializing in affordable housing real estate development.
Demolition and site work is underway at our Valley Street Development. Montagno Construction is hard at work removing existing structures and rough grading the site.