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Services

Edgemere helps guide the development of affordable units from
concept development through permanent financing.

Depending on the client's needs, we provide services from site identification and concept development to permanent conversion and organizational development. In today’s world, it takes multiple funding streams, partnerships and relationships to bring an affordable housing project to fruition. Edgemere’s role includes predevelopment/site feasibility, preconstruction tasks, third party coordination, financing and syndication, construction coordination and management, leasing and management technical assistance, and assistance with regulatory compliance through permanent closing.

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Services vary to meet the individual needs and capacities of each client.

  • Project Concept Development & Feasibility Analysis

  • Site Identification & Acquisition

  • Oversight of Due Diligence - Environmental, Geotechnical, Market, Survey

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  • Coordinating Multilevel Relationships - SHPO, NEPA, SEQRA

  • Coordination of Local Approvals - Zoning, Site Plan, Permits

  • Assembly and Oversight of Development Team & 3rd Parties

  • Monitor Construction Through Rent-Up & Permanent Conversion​

  • ​Financial Modeling - Underwriting

  • Coordination with Financing Agencies - NYSHCR, HFA, NYSESD

  • Prepare Applications and Secure Public, Private, and Bank Financing

  • Negotiate with Investors & Assist with Direct Tax Credit Investment

  • HUD Section 8 and RAD Conversion

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  • Direct Project Attorneys

  • Conversion of Construction Period Financing to Permanent Financing

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  • Organization Development, including Compliance, Computerization & Board Transition

Edgemere provides a range of consulting services from initial concept through construction, full rent-up, and conversion to permanent financing, ensuring quality development for project owners. Since 2000:

  • 58 Projects completed or under construction

  • 4,171 family, senior, and special-needs housing units added to communities across New York

  • 1,508 Section 8 Project Based Vouchers have been secured for projects targeting rental subsidies.

  • Over $1 Billion generated in total aggregate project costs

  • $466 million yielded in private investment

  • $302 million received in tax-exempt bonds for construction and permanent financing

  • $340 million secured in public loans and grants

  • $83 million allocated in historic tax credits

  • $44 million annually in low-income tax credits

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