Toolkit for Developing and Operating Supportive Housing

Development and Finance:

Deal Structuring and Beyond

Once organizations have put together the essential resources for developing a supportive housing project, there are still critical challenges related to structuring the financing, designing the project, and navigating risks.  This section includes tools to help organizations move successfully through these challenges.

Tools for Deal Structuring and Beyond:

Deal Structuring for Supportive Housing:  This document provides an overview of critical aspects of structuring a supportive housing deal, including designing the project, obtaining approvals, and applying for, layering and closing project financing.

Deal Structuring Worksheet:  This tool provides a list of program parameters that should be considered regarding each of the project’s financing sources in order to ensure the funding sources can work together compatibly and are a good fit for the planned project.

Addressing Restrictions in Public Financing Programs:  This document explores issues related to restriction in public financing sources, and how to determine if, and how, those restrictions might be changed.

Sample Loan Closing Checklist:  This table summarizes the items that may be required when borrowers close a loan with the Corporation for Supportive Housing, and is provided here as an example of such closing requirements. Other funding sources may have additional requirements, may not require each of these documents, and the specific requirements may vary depending upon the nature of the loan.

Suggestions for Physical Design Standards in Supportive Housing:  This document provides suggested design standards for supportive housing projects, especially single site, multi-unit buildings.  It is not a checklist of required items -each supportive housing project is unique and design decisions should be made by architects, owners, and service providers cooperatively, keeping in mind cost constraints.

Navigating the Construction Period:  This document identified Key strategies for successful risk mitigation include during the construction of a supportive housing project. 

Risks in Affordable Housing Development: Important Factors to Watch (from Enterprise):  This memo, prepared by Enterprise, explores risk issues for each major phase of nonprofit housing development, and links to more detailed information from Enterprise regarding risk mitigation strategies. 

Return to Development and Finance Page

Go to Table of Contents

Return to Main Toolkit Page