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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 

  • Concept Development & Site Selection

  • Development Team Selection & Team Management

  • Structuring and Securing Capital Funding

  • Construction Management for Owners & Developers

  • Transition to Operations & Project Close Out  

Strategic Planning Services

  • Program Feasibility Review

  • Structuring Affordable Housing Joint Ventures & Partnerships

  • Implementation of Housing & Community Development Programming

  • Affordable Housing Asset Management

​Not-for-Profit Advisory Services 

  • Housing Needs Assessment

  • Comprehensive Planning for Unmet Housing Needs

  • Evaluation of Underutilized Property and Land

  • 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)

  • $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)

  • $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)

  • $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)

  • $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)

  • $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. 

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