
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