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.
These federal tax credits allow us to secure equity financing for the development and rehabilitation of affordable housing projects.
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.
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.
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.
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.
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.
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.
This federal incentive program is designed to encourage investment in low-income urban and rural communities, supporting economic development and job creation.
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.
We work with local governments to secure property tax incentives that support the financial sustainability of our developments, improving project feasibility.
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.
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.
Sugar Pine Development, LLC
516 North Ogden Avenue, #139 Chicago, IL 60642
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