SERVICES
MM Development Advisors, Inc. provides comprehensive real estate development, community development, and general administrative advising to not-for-profit organizations and mission-focused, community-oriented private companies. MM Development Advisors, Inc. provides housing related strategic planning services to not-for-profit owners of affordable housing and municipalities.
MM Development Advisors, Inc. specializes in:
Affordable, Mixed Use, and Mixed Income Property Development
Permanent Supportive Housing
Community Development and Infill Development
Historic Preservation & Adaptive Reuse
Real Estate Development Services
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Concept Development & Site Selection
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Development Team Selection & Team Management
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Structuring and Securing Capital Funding
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Construction Management for Owners & Developers
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Transition to Operations & Project Close Out
Strategic Planning Services
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Program Feasibility Review
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Structuring Affordable Housing Joint Ventures & Partnerships
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Implementation of Housing & Community Development Programming
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Affordable Housing Asset Management
Not-for-Profit Advisory Services
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Housing Needs Assessment
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Comprehensive Planning for Unmet Housing Needs
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Evaluation of Underutilized Property and Land
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Business Planning for Non-Profit Housing Providers
Recent Capital Funding Awards
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$5,799,892 HHAC grant for Cooper Street Apartments, a 20 unit new construction permanent supportive housing project in Glens Falls, NY on behalf of Warren Washington Association for Mental Health (2019)
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$612,850 in LIHC and $2,000,000 of Community Investment Fund for the construction of 28 affordable residential apartments at Gerard Block Apartments, on behalf of Arbor Housing and Development (2019)
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$1,302,627 HHAC grant for the creation of six supportive housing apartments for chronically homeless individuals in Rochester, New York, on behalf of Dimitri House (2019)
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$4,070,378 HHAC grant for a multi-phase rehabilitation of an adult homeless shelter into Frances Center Shelter and Joseph Apartments, on behalf of Catholic Family Charities (2019)
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$982,191 in LIHC and $500,000 of HOME funds for the construction of 45 affordable residential apartments for seniors at Zion Hill Senior Apartments, on behalf of Rochester Management (2020)
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$1,095,190 in LIHC for Hillside Views Neighborhood Revitalization, a scattered site development resulting in the creation of 51 affordable residential apartments, on behalf of a joint venture between Unity House and Troy Rehabilitation & Improvement Program (2020)
Services are quoted on a project specific basis and may be provided on an hourly or fixed fee basis. MM Development Advisors, Inc. accepts a limited number of full-service development projects on a contingency basis annually.