Our mission
Impact Development Group
To improve the quality of life for individuals and families of low and moderate incomes by developing new and preserving existing affordable housing through community collaboration, the implementation of sustainable design, and innovative financial structuring.
Who We Are
Impact is an affordable housing development and preservation company based in the San Francisco Bay Area. Our in-house capacity, from legal experience to financing expertise to operational knowledge, creates value across the full affordable housing development process.
We structure debt and equity to stabilize affordable properties for the long term. Straightforward acquisitions and joint ventures with nonprofit, community-based organizations are how we improve housing for individuals and families of low and moderate incomes.
Our Services
Predevelopment
We identify and secure sites, then assemble the capital: first-lien, subordinate and mezzanine debt, bridge financing, conventional equity and tax credit equity. Many properties carry HUD rent subsidies and are at risk of converting to market rate, so this stage often includes HUD consent and approvals for tax-exempt bonds and federal Low-Income Housing Tax Credits.
Development
After acquisition we direct construction with our partner Highland Property Construction, making the construction decisions, attending draw meetings and keeping funds moving with investors and lenders. Through lease-up and stabilization we convert each property to its permanent financing.
Stabilization
We provide asset management for every operating property: lender, investor and regulatory compliance reporting; oversight of property management and maintenance staff; payment of fees and distribution of net revenue; and the troubleshooting each property and its residents need.
Our Properties
We make significant improvements to every property we own: building systems, common areas and unit interiors.
