Newcastle Housing Ventures, LLC


Newcastle has experience and expertise in all aspects of affordable/mixed-income housing financing including:

  • Various financing programs:
    • Low-Income Housing Tax Credit Program with particular focus on the LIHTC application
    • Governmental housing finance programs (federal, CHFA, DOH and local), particularly the application processes of these programs
    • Bank financing programs, both construction and permanent
    • Other financing programs, including the Federal Home Loan Bank and philanthropic/charitable organizations
    • Tax-exempt and taxable bond financing
  • Multifamily underwriting requirements of funding sources
  • Various housing types including elderly rental, family rental, supportive housing, mixed-income, mixed-use, assisted living, multi-phase public housing revitalization and historic rehabilitation
While each contract is customized based on client need, Newcastle Housing Ventures' services include:
  • Identification of available financial resources
  • Preparation of LIHTC applications, first mortgage and subordinate debt applications and grant applications
  • Preliminary project feasibility analysis
  • Analysis of large scale revitalization projects, i.e., HOPE VI, Choice Neighborhoods
  • Preparation of project spreadsheets including source & use statements and operating pro formas
  • Evaluation of acquisition terms and assistance with acquisition negotiations
  • Coordination of development team
  • Management of closing process
  • Assistance with State 8-64a requirements and process
  • Assistance with State resident participation plan requirements

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