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Lawler
Wood Housing, LLC, has developed more than 40 residential properties
including new construction and acquisition/rehab. We typically develop
properties for our own account, but on numerous occasions, we have
provided development services to nonprofit owners whose mission includes
affordable housing. In recent years, the majority of our projects
have involved the acquisition and rehabilitation of existing apartment
complexes using a financing structure that includes tax-exempt bonds
and Low-Income Housing Tax Credits. We identify and handle the acquisition
of properties, arranging the financing and equity investment, and
we supervise completion of the renovation. After the rehabilitation,
Lawler Wood Housing provides oversight for the ongoing management
of the property, a function that is performed by its sister company,
Lawler-Wood, LLC.
Lawler Wood Housing has closed
tax-exempt bond transactions totaling several
hundred million dollars. Both taxable
and tax-exempt financings have been completed
with regional banks, HUD and Fannie Mae as
well as Wall Street conduits. Additionally,
we work with leading equity partners to complete
the tax credit aspect of the financing.
Over
our 30-year history in the affordable housing
industry, Lawler Wood Housing has always emphasized the
importance
of quality in both development and ongoing
property management. We are proud of our
accomplishments and work hard to maintain and improve
our level of service for our own projects
and those we manage for other owners. |