LGCD can collaborate with current property owners and regulatory authorities with aging single or multiple asset portfolios to recapitalize housing and bring new capacity by generating or preserving affordability. GCD can take on challenging capital exit issues that may make the sale or restructuring developments to preserve affordable housing extremely difficult. By collaborating with stakeholders, GCD can generate potential advantages for both properties and residents alike.
The opportunity to create better resident and community outcomes through generating a stronger affordable housing inventory is key to a successful affordable housing strategy. Given the pronounced pressures on HUD and state and local government resources, GCD seeks strategies that grow stronger mission‐oriented housing, that utilizes economies of scale available in the real estate sector and the efficiencies and capacities available to high‐capacity, diversified organizations with similar mission goals.
While continuing to develop this strong social enterprise ethos, GCD’s officer’s, board and advisory team is made up of affordable housing and real estate professionals with decades of experience across multiple real estate disciplines. As GCD’s team and experience grows it will continually work to address increasingly complex development strategies and forming public and private partnerships that result in large‐scale community impact.