From history’s foundation to tomorrow’s vision.
With decades of experience, we bring expertise and creativity to every project helping to revitalize neighborhoods and expand access to affordable homes nationwide.
From history’s foundation to tomorrow’s vision.
With decades of experience, we bring expertise and creativity to every project helping to revitalize neighborhoods and expand access to affordable homes nationwide.
Guided by expertise, united by purpose
At Sugar Pine Development, we work to make a lasting impact on the affordable housing sector by addressing the most pressing challenges facing communities across the country. Our comprehensive approach to development has helped us create thriving, sustainable housing that contributes to stronger neighborhoods and improved quality of life.
At Sugar Pine Development, we work to make a lasting impact on the affordable housing sector by addressing the most pressing challenges facing communities across the country. Our comprehensive approach to development has helped us create thriving, sustainable housing that contributes to stronger neighborhoods and improved quality of life.
Historic Preservation Projects
Specializing in the use of Historic Tax Credits, we restore historic buildings to their former glory while creating valuable housing opportunities.
Workforce Housing
Focusing on the development of affordable housing options for the working class, we aim to create communities where people can live and thrive.
Re-use Projects
We specialize in transforming commercial buildings into multi-family housing, with an emphasis on downtown conversions and adaptive reuse projects that benefit urban development.
Faith-Based and Non-Profit Partnerships
As a turn-key and joint venture developer, we partner with faith-based organizations and other non-profits to preserve their properties and support their missions.
We are dedicated to local participation in all of our development projects, ensuring that community members and stakeholders are actively involved in shaping the future of their neighborhoods.
Our tools for development
At Sugar Pine Development, we have a proven track record in navigating the complexities of low-income housing finance and development.
We specialize in securing financing through various programs and incentives to support affordable housing development, ensuring we can develop projects that meet the diverse needs of our communities.
Experts in obtaining and utilizing funding and incentives
4% and 9% Low Income Housing Tax Credits (LIHTC)
These federal tax credits allow us to secure equity financing for the development and rehabilitation of affordable housing projects.
State Low Income Housing Tax Credits
In addition to federal LIHTC, we leverage state-specific tax credits to support development enhancing the financing options for affordable housing developments in specific regions.
Historic Tax Credits
We take advantage of historic preservation tax credits to restore and repurpose older buildings, preserving their cultural heritage and architectural significance while providing affordable housing.
Opportunity Zones
By targeting Opportunity Zones, we are able to drive investment in designated low-income areas that provide significant tax incentives, encouraging development and economic growth in underserved communities.
Transit-Oriented Developments (TODs)
We focus on developments that are near public transit hubs that increase access to housing, reduce dependence on cars, and promote sustainable, mixed-use communities.
Zoning Changes and Density Bonus
We work with local governments to obtain necessary zoning changes and density bonuses, allowing for greater flexibility in development and enabling us to create more affordable housing units in urban areas.
HUD Operating Subsidies and Grants
We work with the U.S. Department of Housing and Urban Development to secure operating subsidies and grants that support affordable housing operations and improve property management.
New Markets Tax Credits (NMTC)
This federal incentive program is designed to encourage investment in low-income urban and rural communities, supporting economic development and job creation.
TIF, Municipal, State and Federal Subsidies/Grants
We take advantage of various government subsidies and grants, that provide upfront capital for infrastructure improvements, property development, and other community enhancement projects, to make our projects financially viable.
Property Tax Exemptions and Abatements
We work with local governments to secure property tax incentives that support the financial sustainability of our developments, improving project feasibility.
All forms of Conventional Financing
We use a variety of conventional financing options, including bridge, construction, and permanent loans which allows us to fund projects from start to finish, offering flexibility and stability throughout the development process.
Green Incentives and Programs
We take advantage of funding and tax credits for implementing energy-efficient, environmentally-friendly technologies in development, supporting sustainable building practices and reducing operational costs.
Historic Preservation Projects
Revitalizing communities through affordable housing
We preserve and rehabilitate multi-family housing in regions with the greatest need—strengthening neighborhoods, supporting families, and ensuring long-term affordability through strategic partnerships and community-focused reinvestment.