Treadstone has considerable experience with the complicated financing structures of modern affordable housing transactions. The firm has successfully worked with a wide variety of financing programs available to the affordable housing industry, including:

  • Low-Income Housing Tax Credits - 4% and 9%
  • Tax-Exempt Bonds (with a variety of structures and/or enhancements)
  • Historic Tax Credits
  • HOME, CDBG and other Federal programs including HUD Grants
  • Federal Home Loan Bank programs
  • A variety of local community-based housing programs
  • Private philanthropic grant programs
  • An assortment of conventional financing sources

Treadstone offers a superb staff as well as state-of-the-art support systems to help our clients build and sustain value in their affordable housing ventures.

We are fully versed in the numerous state and federal programs available to the affordable housing industry, and understand the challenges of effectively competing in this complex and often difficult business. The firm invests heavily in technology and training to ensure our team has access to every tool necessary to provide outstanding service to our developments and clients.

  • Treadstone's distinctive approach and depth of experience ensures the greatest success for each development.
Current Developments Location # of Units
Pine Ridge Apartments West Memphis, Arkansas 57
Warwick Terrace Los Angeles, California 108
Freeman Villa Los Angeles, California 41
Vista Park Chino Apartments Chino, California 40
Duarte Manor Apartments Duarte, California 42
Puerto Rico Portfolio Puerto Rico Commonwealth 374
Total 662
Treadstone Completed Location # of Units
Fair Oaks Apartments Little Rock, Arkansas 100
Concord Apartments Los Angeles, California 232
LA78 Apartments Los Angeles, California 78
Leeward Apartments Los Angeles, California 257
Lexington Apartments Los Angeles, California 251
Windward Apartments Los Angeles, California 232
Witmer Manor Los Angeles, California 238
Rose of Sharon Homes Oakland, California 143
Durango Housing Apartments Durango, Colorado 97
Lake Mann Apartments Orlando, Florida 188
Shadow Run Apartments Pinellas Park, Florida 276
Woodland Village Apartments Waukegan, Illinois 405
Glacier State Apartments Kalispell, Montana 99
Cottage Park Apartments Missoula, Montana 60
Palace Apartments Missoula, Montana 60
Corning Village Apartments Memphis, Tennessee 144
Total 2,488
Principal Completed Location # of Units
Monument Ridge Grand Junction, Colorado 166
Golfside Villas Miami, Florida 180
Jubilee Villas Miami, Florida 96
The Congress Building Miami, Florida 120
College Park Apartments Addison, Illinois 200
Seymour O'Brien Manor Seymour, Indiana 56
Autumn Ridge Apartments Vincennes, Indiana 144
Washington Highland Apartments Washington, Indiana 56
Woodside Gardens Annapolis, Maryland 144
Clay Courts Baltimore, Maryland 144
Lester Morton Court Baltimore, Maryland 70
Centre Court Manor Kalispell, Montana 40
Greenbelt Place Toledo, Ohio 176
Total 1,592

Current Developments:

Pine Ridge Apartments

West Memphis, Arkansas

Preservation and rehabilitation of 57 Units of HUD Section 8 subsidized apartments utilizing 9% LIHTC and conventional debt.


Estimated Project Budget: $6.4M
Partner: Mesa Realty Advisors & Alpha Property Management

Warwick Terrace

Los Angeles, California

Preservation and rehabilitation of 108 Units of HUD Section 8 subsidized apartments utilizing 9% LIHTC and FHA debt


Estimated Project Budget: $28.2M
Partner: Alpha Property Management

Freeman Villa

Los Angeles, California

Preservation and rehabilitation of 41 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $7.9M
Partner: Alpha Property Management

Vista Park Chino

Chino, California

Preservation and rehabilitation of 40 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $10M
Client: Western America Properties

Duarte Manor

Duarte, California

Preservation and Rehabilitation of 42 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $11.2M
Client: Western America Properties

Puerto Rico Portfolio:

Hatillo del Corazón

Hatillo, Puerto Rico

Preservation and rehabilitation of 64 Units of HUD Section 8 subsidized apartments utilizing 9% LIHTC and conventional debt


Estimated Project Budget: $6.1M
Partner: Alpha Property Management

Montblanc Gardens

Yauco, Puerto Rico

Preservation and rehabilitation of 128 Units of HUD Section 8 subsidized apartments utilizing conventional debt


Estimated Project Budget: $5M
Partner: Alpha Property Management

Santa María Apartments

San German, Puerto Rico

Preservation and rehabilitation of 86 Units of HUD Section 8 subsidized apartments utilizing 9% LIHTC and conventional debt


Estimated Project Budget: $8.7M
Partner: Alpha Property Management

Miramar Apartments

Ponce, Puerto Rico

Preservation and rehabilitation of 96 Units of HUD Section 8 subsidized apartments utilizing 9% LIHTC and conventional debt


Estimated Project Budget: $12.6M
Partner: Alpha Property Management

Completed Developments:

Fair Oaks Apartments

Little Rock, Arkansas

Preservation and rehabilitation of 100 Units of HUD Section 8 subsidized apartments utilizing 9% LIHTC and conventional debt


Estimated Project Budget: $6M
Client: Alpha Property Management

Concord Apartments

Los Angeles, California

Preservation and rehabilitation of 232 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $16.4M
Client: Alpha Property Management

LA 78 Apartments

Los Angeles, California

Preservation and rehabilitation of 78 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $4.8M
Client: Alpha Property Management

Leeward Apartments

Los Angeles, California

Preservation and rehabilitation of 257 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $18.1M
Client: Alpha Property Management

Lexington Apartments

Los Angeles, California

Preservation and rehabilitation of 251 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $17.2M
Client: Alpha Property Management

Windward Apartments

Los Angeles, California

Preservation and rehabilitation of 232 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $17.1M
Client: Alpha Property Management

Witmer Manor

Los Angeles, California

Preservation and rehabilitation of 238 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $15.5M
Client: Alpha Property Management

Rose of Sharon Homes

Oakland, California

Preservation and rehabilitation of 143 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $13.6M
Client: Mesa Realty Advisors & Wentz Development Group

Durango Housing Apartments

Durango, Colorado

Preservation and rehabilitation of 97 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $7.6M
Client: The Monfric Group

Lake Mann Apartments

Orlando, Florida

Preservation and rehabilitation of 188 Units utilizing conventional debt


Estimated Project Budget: $10.1M
Client: Barfield Bay Properties

Shadow Run Apartments

Pinellas Park, Florida

Preservation and rehabilitation of 276 Units of multifamily housing utilizing 501(c)(3) tax exempt bonds


Estimated Project Budget: $16.3M
Client: Jubilee CDC

Woodland Village Apartments

Waukegan, Illinois

Preservation and rehabilitation of 405 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $47.5M
Client: Alpha Property Management

Glacier State Apartments

Kalispell, Montana

Preservation and rehabilitation of 99 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $7.6M
Client: The Monfric Group

Cottage Park Apartments

Missoula, Montana

Preservation and rehabilitation of 60 Units of HUD Section 8 subsidized apartments utilizing 9% LIHTC and conventional debt


Estimated Project Budget: $6.2M
Client: Glacier Bank

The Palace Apartments

Missoula, Montana

Historic Preservation and rehabilitation of 60 Units of LIHTC apartments utilizing 9% LIHTC, Historic Tax Credits and conventional debt


Estimated Project Budget: $8.6M
Client: Missoula Housing Authority

Harriman Gardens

Harriman, Tenessee

Preservation and rehabilitation of 136 units of HUD Section 8 subsidized apartments utilizing FHA 223f debt financing


Estimated Project Budget: $4M
Client: Alpha Property Management

Corning Village Apartments

Memphis, Tenessee

Preservation and rehabilitation of 144 Units of HUD Section 8 subsidized apartments utilizing 4% LIHTC and Tax-Exempt Bonds


Estimated Project Budget: $8.3M
Client: Affordable Housing Solutions