Five funders. One clean draw.
Cost management, draw controls and scheduling for affordable, workforce and mixed-income housing. We keep every funding source reconciled and every deadline protected, so the deal closes and stays closed.
What is really at risk.
Every source has its own rules
Tax credit equity, public loans, grants and bank debt each carry their own draw requirements. One rejected draw can stall the whole job.
Credit deadlines are unforgiving
Placed-in-service dates are tied to the tax credits. Missing one can put investor equity at risk.
There is no slack in the budget
Affordable deals are underwritten tight. Every change needs a price and a funding source before it is approved.
Where we add control.
- 01
Tax credit communities
Garden, mid-rise and podium buildings with placed-in-service deadlines.
- 02
Mixed-income neighborhoods
Market-rate and income-restricted homes with shared budgets and schedules.
- 03
Senior and supportive housing
Projects with service funding and agency oversight on top of construction financing.
- 04
Multi-phase housing programs
Several buildings and funders managed as one program.
How we control it here.
The KonradBeck capabilities owners in this market call on most.
One cost report reconciled to every funding source, every month.
Changes priced and matched to a funding source before approval.
Schedules that protect placed-in-service and lease-up dates.
Developer-side oversight and draw review on behalf of the sponsor.
280 homes, five funders, one schedule.
A layered-finance housing program had five funders, each with its own draw rules, and one shared schedule. We ran cost and draw controls across the program, reconciling every requisition to each source and tracking changes against the funding that would pay for them. Funders received clean draws, and the sponsor always knew where the money stood.
- 280
- Homes
- 5
- Funders
- 2024
- Engagement year
Questions owners ask us.
Can you prepare and review draw packages?
Yes. We reconcile requisitions to the schedule of values and each funding source, so draws go in complete and come back approved.
How do you protect placed-in-service dates?
We load them as hard milestones, track float to each one and report risk to the sponsor early enough to act.
Do you work with housing agencies and investors?
We do. We provide the cost and schedule reporting agencies, lenders and investors need, in the format each one requires.
See your affordable & mixed-income housing program clearly.
Share the program, the budget and the date that matters. A senior KonradBeck controls lead will come back to you within one business day.