Affordable Housing Development Project Management

This professional training program equips participants with the knowledge and tools to effectively manage affordable housing development projects. The course provides a deep dive into the project lifecycle, including planning, financing, execution, post-completion operations and how to effectively manage each stage. By blending technical instruction with practical case studies, this training empowers professionals to oversee projects that are on time, within budget, and aligned with community needs.

​

What You'll Learn:

​

Day 1: Foundations of Affordable Housing Development

​

• Welcome and Introduction

  • Overview of the training program and goals

  • Participant introductions and expectations

  • Icebreaker activity

• The Affordable Housing Development Lifecycle

  • Understanding the phases of affordable housing development

  • Aligning development goals with community and organizational priorities

• Project Management Tools and Recordkeeping

  • Overview of project management tools (e.g., Gantt charts, project management software)

  • Best practices for maintaining accurate records and documentation

• Project Planning and Initiation

  • Developing project plans, timelines, and budgets

  • Setting measurable objectives and milestones

• Project Feasibility and Due Diligence

  • Feasibility analysis and site control

  • Surveys, market studies, appraisals

  • Environmental reviews and regulatory requirements

• Community Engagement

  • Strategies for building trust and buy-in with stakeholders

  • Tools for facilitating community input and feedback

 

Day 2: Preparing for Development

​

• Planning and Design

  • Collaborating with planners, architects, and engineers

  • Developing plans and specifications

  • Incorporating sustainable and inclusive design principles

• Proforma Development

  • Creating financial models to assess project viability

  • Understanding detailed proformas

  • Analyzing costs, revenues, and funding gaps

• Exploring Financing Sources

  • Mortgage loans, bonds, and construction financing

  • Overview of funding options, including LIHTC, HUD programs, and private equity

  • Tips for structuring a balanced capital stack

• Funding Applications and Approvals

  • Guidance on preparing funding applications

  • Understanding timelines and how sources work together

  • Maintaining compliance throughout the development process

• Coordinating Closing

  • Working with attorneys and funders to complete closing

  • Managing the document “avalanche” and last-minute requirements

  • Construction kick-Off

 

Day 3: Execution and Construction

​

• Contractor Selection

  • Best practices for evaluating and selecting contractors

  • Understanding procurement policies and processes

• Construction Contract Basics

  • Key elements of construction contracts and risk management

  • Ensuring compliance with local and federal regulations

  • Permits and timelines for municipal approvals

  • Construction general conditions

• Demolition and Infrastructure Preparation and Monitoring

  • Managing demolition processes and site preparation

  • Understanding on-site vs. off-site improvements

  • Developing and overseeing infrastructure improvements

• Vertical Construction and Monitoring

  • Ensuring quality assurance during vertical construction

  • Site inspections, Reports, RFI, ASI, and Shop Drawings

  • Managing change orders

  • Tools for monitoring timelines and mitigating risks

• Financial Management and Funds Monitoring

  • Strategies for tracking construction expenditures

  • Ensuring compliance with funding requirements

• Construction Closeout

  • Certifications, release of liens, certificates of occupancy, and licenses

  • As-built drawings, warranties, and operating manuals

 

Day 4: Post-Construction and Long-Term Management

​

• Project Turnover and Lease-Up

  • Transitioning to property management teams

  • Property set-up protocols

  • Strategies for effective lease-up and occupancy management

• Operations and Asset Management

  • Developing plans for long-term property operations and maintenance

  • Implementing performance metrics for asset management

• Supportive Services and Community Building

  • Integrating supportive services for residents

  • Building a sense of community within affordable housing projects

• Planning for Capital Events

  • Preparing for refinancing, recapitalization, or sale events

  • Ensuring long-term project sustainability

• Wrap-Up and Next Steps

  • Review of key takeaways and action items

  • Participant feedback and closing remarks

 

This training program combines lectures, interactive discussions, case studies, and practical exercises to ensure participants leave with a comprehensive understanding of affordable housing development project management.

​

Delivery Format:

​

The program can be delivered as an in-person workshop, virtual seminar, or hybrid format.  Combines lectures, interactive discussions, case studies, and practical exercises to ensure participants leave with a comprehensive understanding of affordable housing development project management.

​

Who Should Attend:

​

• Affordable Housing Development Staff and Administrators

• Community Development Professionals

• Real Estate Developers and Investors interested in affordable housing.

​

Program Cost:

​​

Full Program

• On-Site: $6,350

• Hybrid: $5,600

• Virtual: $3,600

​​

3-Day Crash Course (Requires consultation to determine which topics will be omitted or briefed.)

• On-Site: $5,075

• Hybrid: $4,700

• Virtual: $2,700

​​

50% Deposit to reserve date.

50% Due 7 Days prior to training.

Up to 10 attendees included.  $250 per additional attendee.

Hybrid courses entail two or three days on-site and 6-12 remote instruction hours.

All Classes include 2 hours of follow-up instruction or consultation.

​

Why Choose Us:

 

With over 30 years of hands-on experience in affordable housing development, our lead trainer has successfully closed over 3,000 affordable housing units and led the largest self-development project by a housing authority in the United States. Our training programs are enriched with actual case studies and practical tools, ensuring you gain valuable insights and skills that you can immediately apply to your work.

​

Join us to build a strong foundation in affordable housing and make a meaningful impact in your community!