Brisa Builders Development LLC and its affiliates have facilitated the acquisition and development of several large scale affordable housing developments in New York City that were financed with varied sources including tax-exempt “private activity” bonds from the New York City Housing Development Corporation, subordinate financing from the New York City Department of Housing Preservation and Development (“HPD”) subsidy programs and both federal 9% and 4% tax credit allocations from New York City as well as financing programs through the State of New York.
1. Conduct financial modeling for all types of real estate transactions and identify potential sources of financing including pre-development loans, construction and permanent loans, tax-exempt bonds, IDA bonds and New Market Tax Credits.
2. Connect the organization with expertise and resources from various Federal, State and City programs such as small business lending, creative place making, and economic development; New Markets Support Corporation; and other external consultants.