VLV Consulting Transformation Housing Green Initiative Strategic Partnership

Projects

Transformation Housing
6800 S. Normal, Englewood Community
Operation, Management and Rehab of 70 Units in 3 Buildings, Affordable Housing
Completion July 2009
Transformation Housing II
4751 S. Vincennes & 4750 S. Forrestville, Bronzeville Community
Operation, Management and Rehab of 36 Units in 2 Buildings, Affordable Housing
Pursuing LEED for Existing Buildings Certification
Completion December 2009
204-unit HUD Section 236 property
Completed Decoupling of Section 236 Interest Reduction Payments and refinancing with conventional mortgage
Closed November 10, 2008
4 HUD Section 202 elderly properties totaling 252 units
Completed Section 202 prepayment and refinancing with FHA-insured 223(f) mortgage
Closed December 30, 2008
81-unit HUD Section 8 property
Mark-to-Market full-debt restructuring in process
Closing anticipated September 2009
42-unit HUD Section 8 property
Mark-to-Market full-debt restructuring in process
Closing anticipated September 2009
4 USDA Rural Development properties with HUD Project-based
Section 8 rental subsidy, totaling 71 units
Refinancing with FHA-insured mortgage and application to USDA RD Multi-family Portfolio Restructuring program in process
Closing anticipated October 2009
160-unit HUD Section 236 property with Project-based Section 8 rental subsidy
Mark-to-Market full-debt restructuring in process, along with Green Retrofit Program underwriting
Closing anticipated October 2009
164-unit HUD Section 236 property with Project-based Section 8 rental subsidy
Green Retrofit Program underwriting in process
Closing anticipated October 2009
64-unit HUD Section 236 property with Project-based Section 8 rental subsidy
Decoupling of Section 236 Interest Reduction Payments
and refinancing with FHA-insured mortgage in process
Closing anticipated October 2009
100-unit HUD Section 8 property
Green Retrofit Program underwriting in process
Closing anticipated October 2009
50-unit HUD Section 202 elderly property
Section 202 prepayment and refinancing with FHA-insured
223(f) mortgage in process, along with Green Retrofit Program underwriting
Closing anticipated October 2009
71-unit HUD Section 8 property
Green Retrofit Program underwriting in process
Closing anticipated October 2009
169-unit HUD Section 236 property with Project-based Section 8 rental subsidy
Green Retrofit Program underwriting in process
Closing anticipated October 2009
72-unit HUD Section 8 property
Green Retrofit Program underwriting in process
Closing anticipated October 2009
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