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

As a member of your project team, ICON Builders provides full Preconstruction Services. These services include in-person site walks, multiple pricing options as the plans and scope advance, design team collaboration with input from subcontractors and suppliers, schedule analysis, and relocation durations. ICON Builders truly shines when we collaborate with owners and architects early in the project planning process. By helping to develop the scope of work, we ensure that funds are allocated where they are needed most, optimizing the project’s success. We also assist in navigating the lender “due diligence” phase, making your project more attractive to potential lenders. As a reliable team member, ICON Builders develops realistic budgets that guide your project seamlessly from conception to completion.

With over 25,000 units completed, including more than 13,500 HUD-financed projects, ICON Builders stands as an experienced General Contractor dedicated to safeguarding both the short- and long-term interests of our clients. Our carefully planned renovation sequence is designed to minimize residents’ time out of their units, ensuring that disruptions are kept to a minimum while maintaining high levels of resident satisfaction. Our meticulous punch list system allows us to track every unfinished detail, guaranteeing 100% project completion while keeping the overall construction timeline on track.

At ICON Builders, we understand the importance of planning ahead to ensure smooth and efficient renovation projects. Our occupied renovation construction sequence is meticulously planned well in advance, with input and collaboration from property owners. We provide precise timelines for the necessary relocation of residents, working closely with your team to minimize any interference in their daily lives.

ICON Builders brings extensive experience in navigating the complexities of affordable housing finance, including LIHTC, Bond, and HUD-financed deals. Our deep understanding of lender requirements and the intricacies of securing funding ensures that your project moves smoothly from start to finish. We are also available to serve as consultants on any affordable housing projects, offering expert guidance to clients who need support in successfully financing and completing their developments or resyndications.

ICON Builders provides Performance and Payment Bonds for other General Contractors and Developers. ICON Builders has a bond limit of $100 million per project, with $300 million aggregate bond limit. The criteria for eligibility and terms varies widely. For information call at 1-800-282-6065.

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.

"ICON Builders is well known in our industry as being expert in occupied renovations and your team capably demonstrated that expertise. Mission Plaza residents were temporarily relocated from their homes for 90 days as each 24 unit project phase was being completed. ICON Builders' team handled the residents' needs throughout the construction and relocation process."

Daniel Falcon

Senior Vice President | McCormack Baron Salazar

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