Stone House Development, Inc. is a real estate development and consulting firm Based in Madison, Wisconsin specializing in Section 42 and Historic Tax Credit multi-family projects and provides a range of services including:
Stone House Development, Inc. can provide a range of services including:
Full-service Development of Multi-Family Properties
Stone House Development, Inc. will develop both family and elderly multi-family properties. As a developer, Stone House is responsible for securing all necessary project financing, including equity; supervising the project’s design, construction, and marketing; and providing long-term management of the project.
Section 42 Application Assistance for New Construction and Adaptive Reuse Projects
The principals of Stone House Development have successfully competed for Section 42 affordable housing tax credits in Wisconsin, Illinois, Texas and Minnesota.
Compliance Monitoring Assistance
The principals of Stone House Development are experienced in setting up systems to assist mixed income properties in monitoring compliance.
Certified Historic Structure Tax Credit Assistance
The principals of Stone House Development have successfully completed adaptive reuse projects utilizing school buildings, warehouses, factories, railroad depots, and hotels. In addition, Stone House Development was a panelist in the 1996 National Trust for Historic Preservation conference, and has won numerous historic preservation awards.
Financial Feasibility Analysis
Stone House Development utilizes a program developed by the principals specifically for Section 42 and CHS tax credit real estate investments.
Secondary Financing Consulting
The principals of Stone House Development have successfully negotiated HOME, CDBG, TIF and many other below market rate loan and grant agreements throughout Wisconsin, as well as in Minnesota, Indiana, Ohio and Texas.