Affordable Housing

Meet your community’s affordable housing needs. When you allow EXCEL to provide turn key development and/or management of your project, an industry leader in quality affordable housing in the Midwest is on your team. Our knowledgeable staff pulls together the highly diverse organizational and financial resources necessary to minimize development and operational costs. Let EXCEL lead you through the affordable housing maze.

Section 42 Tax Credits

Applications for federal tax credits for the development of elderly and family income-qualified housing.

Tax Credit Syndication

Sale of tax credits to Syndications for converting tax credits into dollars for project funding.

Other Funding Sources

Applications for additional low cost funding from other sources such as Community Development Block Grant funds, Department of Economic Development Trust and HOME funds, Federal Home Loan Bank grants and loans, and tax increment financing.

Organizational Partners

Organizational partners include local housing authorities, local economic development corporations, local lending institutions, State investment and finance authorities, and tax credit syndicators.

Design and Development

Efficient and attractive housing design resulting in affordable construction costs and high consumer appeal.

Management

Effective hands on management assuring properties are fully rented and well maintained.

Compliance

Trained staff assures properties meet all federal compliance and financial reporting requirements.