PORTFOLIO REPOSITIONING

Clients

Financial Feasibility Assessments

RAD/ S18/ SVC Applications

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As consultants to PHAs with as few as 20 units or those transitioning over 6,300 units, EJP understands the challenges and opportunities PHAs and their development partners face. EJP works closely with PHAs to assess their portfolios to determine financial feasibility and provide recommendations on the best mix of repositioning tools for each client.

Because of the quality of our service, institutional knowledge, and direct experience managing all types of transactions, EJP maintains long-time customers who choose EJP for a variety of solutions. Our experience allows for quick and effective responses to the rapidly changing face of public housing.

To determine program viability, EJP assesses each client’s portfolio, considering unique factors such as:

Capital needs
Internal operations
Available equity
Potential financing sources
Local market conditions
Community and political support
Operating expenses
Program outcomes

EJP provides recommendations based on the most feasible and favorable financial outcome, often resulting in a mix of repositioning programs.

Submittal of an application for HUD review and approval is just the first step in any conversion process. EJP provides continued guidance and assistance as the PHA’s business structure and processes change to adapt to the Section 8 platform, including:

Policy
Procurement
Resident relocation*
Development and program management**
PIC and TRACs assistance
Updated procedures
Initial training on PBV regulations
Initial file reviews and compliance audits

PORTFOLIO REPOSITIONING

To determine program viability, EJP assesses each client’s portfolio, considering unique factors such as:

Capital needs

Internal operations

Available equity

Potential financing sources

Local market conditions

Community and political support

Operating expenses

Program outcomes

EJP provides recommendations based on the most feasible and favorable financial outcome, often resulting in a mix of repositioning programs.

EJP prepares applications for all conversion programs including RAD and Inventory Removal Applications (IRA) for Section 18 and Section 22 conversions, and ensures the application reflects the most realistic scenario in clear and concise terms.

EJP assists with identifying potential debt and equity sources, preparing applications, securing financing, structuring transaction and ownership strategies, and reviewing financial documents for RAD and Mixed-Finance.

Submittal of an application for HUD review and approval is just the first step in any conversion process. EJP provides continued guidance and assistance as the PHA’s business structure and processes change to adapt to the Section 8 platform, including:

Policy

Procurement

Resident relocation*

Development and program management**

PIC and TRACs assistance

Updated procedures

Initial training on PBV regulations

Initial file reviews and compliance audits

*Please see Relocation for more information
**Please see Development Advisory Services for more information