Posted by | March 27, 2017

Accelerating Development of Affordable Communities

  • COMPLETED IN 2009, 32-UNIT ORION GARDENS PROVIDES CRITICALLY NEEDED HOUSING FOR FAMILIES IN THE SAN FERNANDO VALLEY.

    The development and sustainability of affordable housing stock is critical to the success of any community. Yet frequently developers, financiers, non-profit organizations and public agencies face almost insurmountable challenges meeting this civic commitment. Scarcity of funds, utilization of land, complexity of deals, and compatibility of development partners are just a few factors which stand in the way. With more than 20 years of experience in affordable housing and a track record supporting the creation of more than 6,000 units, Veloce Partners provides immediate solutions to identify opportunities, formulate plans, build partnerships and accelerate the development of truly affordable communities.

    PUBLIC AGENCY ADVISORY

    Veloce Partners’ success with affordable housing extends to work with cities, counties and other public stakeholders. This includes financial feasibility analysis for projects under consideration, training of staff responsible for housing activities, and assistance developing policy that balances public resources with community needs. Veloce Partners also assists public agencies with asset management review to ensure regulatory compliance and identify opportunities to optimize transactions. Learn more

    DEVELOPMENT CONSULTING & FINANCING

    Starting from the earliest stage of development Veloce Partners can assist both for-profit and non-profit developers with project conceptualization and funding including the use of special programs available from both public and private sources. Once underway, Veloce Partners can serve as project manager to ensure developments are completed on time, on budget and to proper specifications. Veloce Partners also provides asset advisory services for institutional investors seeking to optimize the value of their existing affordable housing loan portfolios through restructuring, acquisition or divestment. Learn more

    HOUSING DEVELOPMENT

    Complimenting our advisory role, Veloce Partners is also a developer of affordable multifamily communities. Veloce Partners has forged partnerships with non-profits and public agencies to acquire properties, secure funding and manage the construction of more than 600 affordable units, including award winning senior apartments and special needs housing with on-site social services. Learn more

Helping Non-Profits, Communities & Lenders Collaborate

David Nahas
Veloce Partners Founder &
President

Founded in 2002 by affordable housing finance innovator, David Nahas, California-based Veloce Partners provides a central resource assisting non-profits, municipalities and lenders with the development of quality, affordable housing. Working with a broad range of clients and partners across the United States, Veloce Partners has made significant progress preserving and providing critical housing stock.

    • Assisted clients to develop, rehabilitate and refinance several thousand units of housing in California, Washington and Florida
    • Directly developed 570 housing units for homeless, seniors and families in 18 projects in Southern California.
    • Helped multiple public agencies train staff, evaluate development opportunities and craft more effective housing policy.
    AGENCY PARTICIPANTS

    LENDING PARTICIPANTS