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2008 Brings Success and Growth Greetings!
LDS Consulting Group, LLC is celebrating its eighth year in business and is proud to announce the following milestones:
* Completing a record number of housing studies for affordable, market-rate, senior, specialized and mixed-income populations as well as mixed-use developments.
* Expanding to include specialized brokerage services.
* Partnering with consultants and industry professionals on projects throughout Massachusetts.
In addition, principal Lynne D. Sweet received designation by the National Council of Affordable Housing Market Analysts, a membership organization of leading market study professionals. |
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LDS Adds Wide Range of Clients In 2008, LDS provided services to a growing list of clients. Among the new clients were Women's Institute for Housing and Economic Development, Lena Park Community Development Corporation, Neighborhood of Affordable Housing, Caritas Communities, Keller Companies, JPI, Banc of America Community Development Corporation and Franchi Equipment Inc.
Work for these clients included market studies for state and federal funding applications, the creation of redevelopment plans, and housing studies that determined potential customers, rents, unit sizes and building amenities.
For example, Franchi Equipment Inc. hired LDS to examine the repositioning of a site previously permitted for an active adult community. Neighborhood of Affordable Housing hired LDS to complete a market study for the redevelopment of a nursing home into 42 units of affordable rental housing in North Andover. The NOAH study was in connection with applications to various financing instituions, including the fall 2008 DHCD low income housng tax credit funding round.
In addition, LDS continued its work for AIMCO last year by providing a half a dozen studies for acquisition and redevelopment projects. |
 Municipalities and Nonprofit Agencies Turn to LDS for Housing Studies LDS also completed a study for the Stow Community Housing Corporation, which was looking at the possible expansion of existing affordable elderly housing and multi-family rental developments.
In the fall, the Wellesley Housing Development Corporation hired LDS to complete an affordable housing study. The comprehensive study featured an inventory of existing affordable housing in Wellesley and surrounding communities, an examination of lottery results and preference matters, and an analysis of demographics, which helped determine the type of affordable housing needed. |
 Large Brokerage Deal Closed Late Last Year In another brokerage deal closed earlier in the year, the consulting group represented the seller of a 1-acre parcel of land and 1900's home in Brookline, Mass. that was sold to a developer who is in the process of reconfiguring the existing home and building a second new house on the land. |
 Veterans Study Leads to Magazine Article
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We are optimistic about 2009 and enjoying working with our clients on planning studies and funding options to position developments for success when the financial markets return.
We are currently taking reservations for studies for the summer HUD and DHCD funding rounds and are looking to partner with clients and consultants on new projects.
We are looking forward to providing you with quarterly newsletters highlighting important industry topics and our latest news.
Sincerely,
Lynne D. Sweet
Managing Member
LDS Consulting Group, LLC 233 Needham Street, Newton, MA |
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