April 5, 2023
Transitioned organization to independent operation stabilized maintenance organization converted 140 public housing units to PPBRA under HUD’s rental assistance demonstration (rad) program facilitated & supported lender engagement resulting in $3.3 million 233(f) refinance
RAD
Stephen manages the real estate development and finance process for our clients during the RAD conversion process. He provides in-depth analysis and modeling to help identify finance capacity and determine the appropriate capital structure for our clients. in addition, Stephen manages development objectives to support the overall conversion strategy.
Skills
Education
BS, Accounting, South Carolina State University
RAD
Will manages the RAD program conversion process for our clients. In this process, Will manages the formal conversion from the Section 9 (Public Housing) funding program to Section 8 (PBRA or PBA). Will supports our clients by interfacing with local and RAD transaction counsel, various HUD departments including Multifamily and RAD recap, lenders, other stakeholders and 3rd party service providers.
Skills
Education
BS, Business Administration, South Carolina State University
Public Housing and RAD
While serving as a Housing Authority Commissioner, Willie’s leadership help transform a troubled agency to a high-performing organization that was recognized by HUD. As a result, the agency saw unprecedented growth in resident self-sufficiency and community development programs. Willie is our chief RAD strategist. He works with our clients to facilitate the development of comprehensive conversion plans.
Skills
Education
BS, Business Administration and Accounting, South Carolina State University
