Supreme Court Nominee Gorsuch

 

 

Important Message from NAHB Chairman Granger MacDonald

Now is the time for the Senate to move forward on Judge Neil Gorsuch’s nomination to the U.S. Supreme Court.

Judge Gorsuch is a strong choice for the Supreme Court and his nomination deserves a vote. 

The Supreme Court is expected to hear several cases that directly impact the home building industry. Important issues like land use, environmental regulations and worker misclassification could all face judicial review. And one vote could sway the court.

That’s why it’s important for the Supreme Court’s vacant seat to be filled quickly by Judge Gorsuch, the right jurist for the job.

Please call your Senator and ask them to move forward the nomination of Judge Gorsuch to the Supreme Court.

Call 866-924-6242 to be connected to your Senator. 


AFFORDABLE HOUSING FINANCE

Top 50 Affordable Housing Developers of 2016

The NRP Group tops the list after starting construction on 1,798 units last year.

RANK
(VS. 2015)
COMPANY INFOEXECUTIVE CONTACT2016 STARTS/COMPLETIONSREGION(S)ORG. TYPE
1(9)THE NRP GROUP

5309 Transportation Blvd.; Cleveland, OH 44125

(216) 475-8900 | www.nrpgroup.com

The NRP Group tops the developers list after starting construction on eight new affordable housing projects with 1,798 units in 2016.

J. David Heller, CEO1,798 / 550MW, NE, SC, SEFor-profit
2(19)THE MICHAELS ORGANIZATION

3 E. Stow Road, Suite 100; P.O. Box 994; Marlton, NJ 08053

(856) 596-3008 | www.themichaelsorg.com

Michaels doubled its pipeline and opened new offices in Colorado and Texas last year.

John O’Donnell, president1,656 / 776NationalFor-profit
3(14)MILLER-VALENTINE GROUP

9349 Waterstone Blvd.; Cincinnati, OH 45249

(513) 588-1000 | www.mvg.com

In addition to the firm’s affordable housing work, it started construction on four market-rate developments with 967 units in 2016.

Brian McGeady, president, MV Affordable Housing Development1,134 / 419MW, SC, SENonprofit
4(16)LDG DEVELOPMENT

1469 S. Fourth St.; Louisville, KY 40208

(502) 638-0534 | www.ldgdevelopment.com

LDG plans for another strong year in 2017, anticipating starting seven new developments with almost 1,200 units.

Chris Dischinger and Mark Lechner, co-owners1,060 / 0MW, SC, SEFor-profit
5(6)THE PACIFIC COS.

430 E. State St., Suite 100; Eagle, ID 83616

(208) 461-0022 | www.tpchousing.com

The Pacific Cos. had the most affordable-unit starts in its history last year, with 976 units in 10 developments.

Caleb Roope, president and CEO976 / 298WFor-profit
6(22)DOMINIUM

2905 Northwest Blvd., Suite 150; Plymouth, MN 55441

(763) 354-5500 | www.dominiumapartments.com

Dominium closed six new-construction deals totaling nearly 1,000 units last year.

Paul Sween and Armand Brachman, managing partners968 / 306MW, SC, SE, WFor-profit
7(4)PENNROSE PROPERTIES

1301 N. 31st St.; Philadelphia, PA 19121

(267) 386-8600 | www.pennrose.com

The firm plans to complete 14 affordable housing developments with over 1,000 units in 2017.

Mark H. Dambly, president929 / 649MW, NE, SC, SEFor-profit
8(1)PEDCOR COS.

1 Pedcor Square, 770 Third Ave., S.W.; Carmel, IN 46032

(317) 587-0320 | www.pedcorcompanies.com

Pedcor continued to increase its overall development activities last year, completing 1,012 affordable housing units in five projects.

Phillip J. Stoffregen, COO and executive vice president880 / 1,012MW, SC, SE, WFor-profit
9(7)THE WODA GROUP

229 Huber Village Blvd., Suite 100; Westerville, OH 43081

(614) 396-3200 | www.www.wodagroup.com

The firm is poised to start 14 affordable housing developments with 755 units in 2017.

Jeffrey Woda and David Cooper Jr., co-principals839 / 778MW, NE, SEFor-profit
10(17)GORMAN & CO.

200 N. Main St.; Oregon, WI 53575

(608) 835-3900 | www.gormanusa.com

In 2016, Gorman increased its started developments by two projects and 392 units over the prior year.

Tom Capp, COO776 / 470NationalFor-profit
11(3)HERMAN & KITTLE PROPERTIES

500 E. 96th St., Suite 300; Indianapolis, IN 46240

(317) 805-1980 | www.hermankittle.com

Herman & Kittle closed two large new-construction 4%/tax-exempt bond transactions in 2016, the first time in about 10 years.

Jeffrey Kittle, president and CEO707 / 792NationalFor-profit
12(2)McCORMACK BARON SALAZAR

720 Olive St., Suite 2500; St. Louis, MO 63101

(314) 621-3400 | www.mccormackbaron.com

The firm closed two major demonstration mixed-income, mixed-finance developments in Puerto Rico last year.

Vince R. Bennett, president688 / 791NationalFor-profit
13(11)RELATED CALIFORNIA

18201 Von Karman Ave., Suite 900; Irvine, CA 92612

(949) 660-7272 | www.relatedcalifornia.com

Related California closed financing and commenced construction on 13 developments in 2016.

Frank Cardone, president679 / 277WFor-profit
14(new)COLUMBIA RESIDENTIAL

1718 Peachtree St., N.W., Suite 684; Atlanta, GA 30309

(404) 419-1432 | www.columbiares.com

The firm closed the first Rental Assistance Demonstration program transaction for the Atlanta Housing Authority last year.

Noel Khalil and Jim Grauley, principals648 / 268SC, SEFor-profit
15(31)CHELSEA INVESTMENT CORP.

6339 Paseo Del Lago; Carlsbad, CA 92011

(760) 456-6000 | www.chelseainvestco.com

Chelsea plans to complete its 100th development and start its 10,000th unit this year.

Cheri Hoffman, president613 / 239WFor-profit
16(18)L+M DEVELOPMENT PARTNERS

1865 Palmer Avenue, Suite 203; Larchmont, NY 10538

(914) 833-3000 | www.lmdevpartners.com

The firm made a major push into the New Jersey market last year, with the completion of Hahne’s, a vacant historic department store, in Newark.

Lisa Gomez, COO573 / 683NE, SC, WFor-profit
17(new)RPM DEVELOPMENT GROUP

77 Park St.; Montclair, NJ 07042

(973) 744-5410 | www.rpmdev.com

The firm closed on the largest project in its history in 2016, a 186-unit, mixed-use development in Monmouth County, N.J.

Edward Martoglio, president570 / 109NEFor-profit
18(10)MERCY HOUSING

1999 Broadway, Suite 1000; Denver, CO 80202

(303) 830-3300 | www.mercyhousing.org

The nonprofit opened 55 Laguna, San Francisco’s first affordable, LGBT-welcoming housing, in fall 2016.

Jane Graf, president and CEO559 / 315NationalNonprofit
19(8)RISE RESIDENTIAL CONSTRUCTION

16812 Dallas Parkway; Dallas, TX 75248

(972) 701-5558 | www.rise-residential.com

Rise completed its 15th year in business in 2016, starting three affordable housing developments with 552 units.

Melissa Fisher, president552 / 512SCFor-profit
20(new)ST. ANTON COMMUNITIES

1801 I St., Suite 200; Sacramento, CA 95811

(916) 471-3000 | www.antoncap.com

The firm plans to develop 750 to 1,100 transit-oriented mixed-income, market-rate, and affordable housing units throughout Silicon Valley and the Sacramento region in 2017.

Peter Geremia, owner480 / 35WFor-profit
21(New)FITCH IRICK PARTNERS

1714 East Blvd.; Charlotte, NC 28203

(704) 335-9112 | www.flatirondevelopment.com

The firm’s goal for 2017 is to develop 400 new units of affordable housing.

Hollis M. Fitch, CEO436 / 108SEFor-profit
22(25)HOUSING TRUST GROUP

3225 Aviation Ave., Suite 602; Miami, FL 33133

(305) 860-8188 | www.htgf.com

The company closed on financing and began construction on 416 new units of affordable housing in Florida and delivered 301 new units last year.

Matthew Rieger, president and CEO416 / 301SE, WFor-profit
23(39)FLAHERTY & COLLINS PROPERTIES

One Indiana Square, Suite 3000; Indianapolis, IN 46040

(317) 816-9300 | www.flco.com

Flaherty & Collins received two tax credit awards in Washington, D.C., a new market for the Indianapolis-based firm, in 2016.

Duane Miller, vice president, community development and asset management405 / 146NationalFor-profit
24(new)C&C DEVELOPMENT

14211 Yorba St., Suite 200; Tustin, CA 92780

(714) 288-7600 | www.c-cdev.com

Five new projects have been approved for development in 2017, one of which uses the Affordable Housing and Sustainable Communities cap-and-trade program, a new funding source for C&C.

Todd Cottle, principal362 /150WFor-profit
25(5)CONIFER REALTY

1000 University Ave., Suite 500; Rochester, NY 14607

(585) 324-0500 | www.coniferllc.com

Conifer plans to expand into the Southeast by moving into North Carolina, South Carolina, Tennessee, and Virginia this year.

Timothy D. Fournier, president and CEO361 / 284MW, NEFor-profit
26(new)OVERLAND PROPERTY GROUP

5345 W. 151st Terrace; Leawood, KS 66224

(913) 396-6310 | www.ovpgroup.com

In addition to affordable housing, the firm plans to expand into market-rate independent living, breaking ground on a 74-unit luxury senior community in its hometown.

Brett Johnson, partner351 / 176MW, SC, WFor-profit
27(26)BRIDGE Housing Corp.

600 California St., Suite 900; San Francisco, CA 94108

(415) 989-1111 | www.bridgehousing.com

The nonprofit completed The Abigail, its first ground-up development in Portland, Ore., last year.

Cynthia A. Parker, President and CEO342 / 313WNonprofit
28(new)MATTHEWS SOUTHWEST

320 Main St. W.; Lewisville, TX 75057

(972) 221-1199 | www.matthewssouthwest.com

The developer has partnered with nonprofit Family Gateway on the 336-unit Gateway at Hutchins development outside of Dallas.

Jack Matthews, president336 / 0SCFor-profit
29(46)VOLUNTEERS OF AMERICA

1660 Duke St.; Alexandria, VA 22314

(703) 341-5095 | www.voa.org

The nonprofit started two new permanent supportive-housing projects for veterans in Illinois and Maine in 2016.

Patrick Sheridan, executive vice president of housing332 / 79NationalNonprofit
30(40)THE ARKER COS.

15 Verbena Ave., Suite 100; Floral Park, NY 11001

(516) 277-9325 | www.arkercompanies.com

In 2016, Arker focused on the beginning stages of two large-scale projects—receiving construction financing for the first phase of a multiyear development in Brooklyn and purchasing a large development site in Queens.

Daniel Moritz, principal326 / 152NEFor-profit
31(45)PRESTWICK COS.

13715 Northside Pkwy., Bldg. 200, Suite 175; Atlanta, GA 30327

(404) 949-3870 | www.prestwickcompanies.com

The firm developed two transit-oriented developments for seniors last year.

Ken Blankenship, Darien Lee, and Jody Tucker, partners312 / 223SEFor-profit
32(35)MIDPEN HOUSING CORP.

303 Vintage Park Drive, Suite 250; Foster City, CA 94404

(650) 356-2900 | www.midpen-housing.org

The nonprofit has a presence in 11 Northern California counties and plans to continue to go deeper in those markets.

Matthew O. Franklin, president307 / 290WNonprofit
33(new)COMMUNITY HOUSINGWORKS

2815 Camino del Rio S., Suite 350; San Diego, CA 92108

(619) 450-8709 | www.chworks.org

The Southern California nonprofit broke ground on two new senior housing communities—76 units in San Diego and 138 units in Oceanside.

Anne B. Wilson, senior vice president of housing and real estate306 / 109WNonprofit
34(13)TWG DEVELOPMENT

333 N. Pennsylvania St., Suite 100; Indianapolis, IN 46204

(317) 264-1833 | www.twgdev.com

TWG last year completed its first project outside of its home state of Indiana—the Commonwealth Senior Apartments in Cedar Rapids, Iowa.

Joe Whitsett, CEO268 / 260MWFor-profit
35(new)SCG DEVELOPMENT PARTNERS

8245 Boone Blvd., Suite 640; Tysons Corner, VA 22182

(703) 942-6610 | www.scgdevelopment.com

SCG Development Partners closed on its 1,000th unit in 2016. It also won an RFP for an affordable housing development in Aspen, Colo., that is expected to close in early 2018.

Stephen P. Wilson, president266 / 164NE, SC, SE, WFor-profit
36(37)COMMUNITY INVESTMENT STRATEGIES

1970 Brunswick Ave., Suite 100; Lawrenceville, NJ 08648

(609) 298-2229 | www.cisnj.com

Community Investment Strategies closed on the last two phases of a major redevelopment project in Elizabeth, N.J., last year.

Christiana Foglio, owner and CEO237 / 93NEFor-profit
37(32)THE COMMUNITY BUILDERS

185 Dartmouth St.; Boston, MA 02116

(617) 695-9595 | www.tcbinc.org

In 2016, the nonprofit expanded its allocation of New Markets Tax Credits across more projects to strengthen neighborhoods with affordable and mixed-income housing, community space, and amenities.

Bart Mitchell, president and CEO224 / 101MW, NE, SENonprofit
38(new)WINNCOMPANIES

6 Faneuil Hall Marketplace; Boston, MA 02019

(617) 742-4500 | www.winnco.com

The firm continued its redevelopment efforts in multiple states, including a joint venture with a public housing authority in Rhode Island, supportive housing in Connecticut, and the completion of a historic landmark adaptive-reuse at the Livingston School in Albany, N.Y.

Lawrence H. Curtis, president and managing partner, WinnDevelopment222 / 0NEFor-profit
39(23)COMMONWEALTH DEVELOPMENT CORPORATION OF AMERICA

9 Sheboygan St.; Fond du Lac, WI 54935

(920) 922-8170 | www.commonwealthco.net

Commonwealth received nine 9% LIHTC awards in 2016 and increased its number of regional development offices to six.

Louie A. Lange III, president212 / 275MW, SC, SE, WFor-profit
40(new)COACHELLA VALLEY HOUSING COALITION

45701 Monroe St., Suite G.; Indio, CA 92201

(760) 347-3157 | www.cvhc.org

Two goals for the nonprofit in 2017 are to complete a 138-unit development for homeless veterans and to build over 100 single-family affordable homes.

Julie Bornstein, executive director210 / 17WNonprofit
41(41)MADHOUSE DEVELOPMENT SERVICES

8500 Shoal Creek Blvd., Suite 208; Austin, TX 78757

(512) 633-4037 | www.madhousedevelopment.net

Madhouse was involved in the development of over 400 units in five developments totaling over $90 million in investment in Texas through the LIHTC program last year.

Henry Flores, president204 / 180SCFor-profit
42(29)USA PROPERTIES FUND

3200 Douglas Blvd., Suite 200; Roseville, CA 95661

(916) 773-6060 | www.usapropfund.com

The firm is working on a development that will be 100% Sec. 8 based, which is a first for the developer.

Geoffrey C. Brown, president and CEO200 / 64WFor-profit
43(28)ATLANTIC PACIFIC COMMUNITIES

2950 S.W. 27th Ave., Suite 200; Miami, FL 33133

(305) 357-4700 | www.apcommunities.com

Atlantic Pacific is expanding its footprint in Maryland and Washington, D.C., and will continue its growth in Florida and Texas.

Kenneth Naylor, COO196 / 130NationalFor-profit
43(49)COMMUNITY DEVELOPMENT PARTNERS

3416 Via Oporto, Suite 301; Newport Beach, CA 92663

(949) 467-1344 | www.communitydevpartners.com

In 2016, the firm closed on the financing of and began construction on four new developments, including two permanent supportive-housing projects serving chronically homeless people and veterans.

Eric Paine, CEO196 / 0WFor-profit
44(new)BFC PARTNERS

150 Myrtle Ave., Suite 2; Brooklyn, NY 11201

(718) 422-9999 | www.bfcnyc.com

The developer closed on a 400,000-square-foot mixed-use project in the Bronx in December. The project will house the Bronx Music Hall, provide units for the formerly homeless, and serve residents who earn 30% to 90% of the area median income.

Donald Capoccia, principal182 / 200NEFor-profit
44(43)PICERNE REAL ESTATE GROUP

247 N. Westmonte Drive; Altamonte Springs, FL 32714

(407) 772-0200 | www.picernerealstategroup.com

The firms plans to start more affordable sites in Florida and Texas this year.

Robert M. Picerne, COO182 / 0NationalFor-profit
45(new)S&A HOMES

2121 Old Gatesburg Road, Suite 200; State College, PA 16803

(814) 272-8907 | www.sahomebuilder.com

S&A Homes plans to maintain a sustainable number of projects in the pipeline with a focus on developments in Maryland, Virginia, and West Virginia this year.

Andrew S. Haines, executive vice president170 / 135NE, SEFor-profit
46(new)HUMANITIES FOUNDATION

474 Wando Park Blvd., Suite 102; Mount Pleasant, SC 29464

(843) 881-7550 | www.humanitiesfoundation.org

Humanities plans to start three new affordable housing developments with over 300 units this year.

Shane Doran, vice president of public relations168 / 160SENonprofit
46(33)SOUTHPORT FINANCIAL SERVICES

5403 W. Gray St.; Tampa, FL 33609

(813) 288-6988 | www.sphome.com

The firm applied for and was allocated 15 LIHTC awards in 2016. Of those, the company closed nine in 2016 and plans to close the remaining six this year.

Paul C. Fortino, senior vice president168 / 76NationalFor-profit
47(30)AMCAL MULTI-HOUSING

30141 Agoura Road, Suite 100; Agoura Hills, CA 91301

(818) 706-0694 | www.amcalhousing.com

AMCAL plans to start eight affordable housing developments with over 1,000 units in 2017.

Percival Vaz, CEO167 / 368SC, WFor-profit
48(20)BENEFICIAL COMMUNITIES

3550 S. Tamiami Trail, Suite 301; Sarasota, FL 34239

(941) 929-1270 | www.beneficialcom.com

The firm plans to start four developments with 244 units this year.

Donald Paxton, president162 / 377NationalFor-profit
49(new)AHC

2230 N. Fairfax Drive; Arlington, VA 22201

(703) 486-0626 | www.ahcinc.org

AHC has assembled a team to focus on raising socially motivated investment capital.

Stephen Smith, senior vice president161 / 0NE, SENonprofit
50(new)JT KLEIN CO.

831 S. Brooks St.; Madison, WI 53715

(612) 202-1577 | www.jtklein.com

The firm, which was formed in January 2015, started construction on its first deal in April 2016.

Jacob T. Klein, president158 / 0MWFor-profit

Regions: MW=Midwest; NE=Northeast; SC=South Central; SE=Southeast; W=West

 


Founded in 1997, the Texas Affiliation of Affordable Housing Providers (TAAHP) is a non-profit trade association serving as the primary advocate and leading resource for the affordable housing industry in Texas. Our vision is to inspire and engage our members and stakeholders to end the affordable housing crisis in Texas.

Contact Us

221 E. 9th Street, Suite 408
Austin, TX 78701

TAAHP

TAAHP

Phone: 512-476-9901 | Email: info@taahp.org

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