ProjectsBelow is a sampling of KeyUrban's recent projects.
Project Development Manager
KeyUrban served as the development consultant and owner’s representative for the new construction and renovation of two mixed-use affordable housing projects in the historic Shaw Neighborhood, located in Northwest DC. The project includes 166 apartment units and 170,000 square feet of space and is financed with a combination of short-term tax exempt bonds, Low Income Housing Tax Credits, and owner equity. The renovation was completed in 2015 and the new construction is scheduled for delivery in Spring 2016.
Predevelopment and financing of educational facility
KeyUrban procured grant funds from the District of Columbia to plan and design a school facility for an after-school program provider in Deanwood.
Acquisition and Rehabilitation of a 22,000 square foot child development center
Acting as owner’s representative and development manager, KeyUrban managed every aspect of the substantial renovation of this historic building. The $6 Million project began with the purchase of the facility, proceeded to the formation of the development team, the design process and the implementation of the design. The project included an 8-month relocation of the preschool operation to a nearby rental facility; KeyUrban also managed all aspects of the move. The project was completed successfully and was considered groundbreaking in its use of New Markets Tax Credits.
Refinance and Rehabilitation of a 50-unit cooperative housing complex
KeyUrban acted as development consultant and owner’s representative for the refinance and renovation of a 50-unit, limited-equity cooperative housing complex in Northeast DC.
Formulation and submission of Florida funding applications
Working as part of the development team for a national owner and operator of senior housing, KeyUrban planned and assembled a series applications for funding to the Florida Housing Finance Corporation and the Miami-Dade County Housing Finance Agency. All applications were submitted on time and are considered highly competitive. Florida Housing Finance Corporation uses a lottery system to allocate funds; the applications were among those selected to participate in the lottery.
Feasibility analysis for operator of transitional housing
KeyUrban studied the needs of an operator of transitional housing for women with histories of substance abuse and formulated several financing and design options that met the needs of the institution. The proposal formed the basis of a plan that currently is being implemented.
Successful grant proposals to the District of Columbia and foundations
KeyUrban regularly prepares grant proposals over to various funding agencies within the DC government and private foundations. KeyUrban has achieved a nearly-perfect track record in obtaining funds through these proposals.