Specialists in Tax Credit,
Bond, and HUD Properties
At ICON Builders, we have built or renovated over 25,000 affordable housing units, managing over $1.75 billion in construction while successfully relocating 25,000 families and seniors. As specialists in Occupied Affordable Housing Renovations, we understand the challenges of delivering high-quality work within tight timelines and budgets, all while ensuring the satisfaction of both residents and clients.
Our Services
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Affordable Housing Preconstruction Services & Due Diligence
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LIHTC & State Housing Agency Construction Coordination
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Occupied Affordable Housing Rehabilitation & Renovation
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Affordable Housing Permitting, Inspections & Closeout Management
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RAD for PRAC Section 202 Senior Housing Renovations
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Occupied Multi-Family Phasing & Tenant Relocation Management
Before a single hammer swings, successful affordable housing preservation requires rigorous upfront evaluation. Our acquisition due diligence and preconstruction services provide comprehensive, in-person site walks, precise scope-of-work pricing, and strategic design collaboration. We uncover hidden facility risks and optimize construction budgets early, ensuring your asset acquisition aligns perfectly with your long-term financing, tax credit application, and development goals.
Navigating the strict regulatory framework of Low-Income Housing Tax Credit (LIHTC) developments demands an experienced general contractor who understands compliance stakes. We specialize in executing comprehensive LIHTC tax credit renovations that satisfy rigorous state housing finance agency requirements while preserving critical affordable housing stock. From modernizing units to managing complex multi-layered funding timelines, we ensure your project achieves compliance without sacrificing construction quality.
Renovating a multi-family or senior building while families continue to live there requires a deeply organized, resident-sensitive approach. Our occupied affordable housing rehabilitation services focus on minimizing daily disruption while delivering top-tier, fast-paced property modernizations. We blend meticulous safety protocols with efficient, tenant-first scheduling to transform occupied properties into safer, more sustainable communities with zero compromise on resident dignity.
Crossing the finish line of an affordable housing development requires clearing a mountain of regulatory hurdles. Our permitting, inspections, and closeout services streamline the final stages of construction, managing everything from local municipal approvals to complex HUD and ADA compliance sign-offs. We coordinate with inspectors and building officials proactively, securing certificates of occupancy quickly so your project can smoothly transition to stabilized operations.
The Rental Assistance Demonstration (RAD) for Project Rental Assistance Contracts (PRAC) offers a vital pathway to preserve elderly affordable housing properties. We provide specialized general contracting for RAD for PRAC renovations, modernizing aging HUD-assisted senior communities to meet modern accessibility, safety, and energy-efficiency standards. Our team smoothly navigates the unique HUD demonstration guidelines, helping owners safeguard their properties’ financial and physical futures.
The secret to a successful occupied rehabilitation lies in the orchestration of the build schedule. Our resident relocation and construction phasing services utilize proven, battle-tested coordination strategies to keep projects moving forward without upending lives. By carefully mapping out microscopic construction phases and collaborating closely with property management and relocation teams, we keep resident displacement to an absolute minimum while keeping subcontractors on an aggressive, predictable schedule.
Our Process
Our experience and systematic methodology ensures client satisfaction in occupied affordable housing renovations. We approach all projects with commitment, strong financial backing, and confidence due to our proven strength.
- Study Your Property
- Identify Sustainability Opportunities
- Develop Our Scope of Work
- Allocate Financial Strength and Resources
- Create a Phasing and Relocation Plan
- Communicate with Residents
- Implement Our Process
- Complete Substantial Construction
- Identify & Complete Punch-List Items
- Deliver As-Builts and Records
Where We Work
ICON Builders primarily serves California, Arizona, and Texas. Explore our services and see how ICON Builders can transform your vision into reality with our proven expertise and regional knowledge.