In this economy we are eagerly trying to find ways to find funding sources, and I, as a practitioner and developer, share the pain. We have developed this website to coincide with the Government Deal Funding Home Study course to help you think about new ways to creatively finance, acquire, and rehabilitate deals all over the United States. I hope you find the information useful and welcome your feedback.
In July 2008, the President signed the Housing & Economic Recovery Act (HERA), which among other things, provided $4.5B to all 50 states, some territories like Puerto Rico and the Virgin Islands, and the District of Columbia, to combat neighborhood declination by foreclosure. These funds, known as the Neighborhood Stabilization program, were supposed to help investors, both for and non-profits, buy and rehabilitate foreclosed buildings in order to prevent the stable households from losing too much value. In February 2009, Congress added an additional $4.5B to the program, now known as NSP II, to further carry out the NSP mission.
This is nothing new. The federal government has been investing in real estate for years, at least since HUD was conceived during the Johnson administration in 1965 as part of the Great Society initiative. HUD allocates through the individual States and territories upwards of $20B per year to facilitate economic development and housing activities. Additionally, many states have programs of their own that can match federal funds in addition to over $5B in tax credit programs available to stimulate acquisition, rehabilitation and new construction of real estate projects.
In addition to our live seminars with networking and “in the classroom” learning, you now have a great way to learn about Government Deal Funding for Real Estate Investors and Developers from home.
Both the live events and your PRO System below include a free month’s membership to the Members Only section on the site where can you stay up to date on the latest changes in the industry.
Below are some of the answers to the most frequently asked questions.
Which programs are covered in the course?
The course covers government grants, government hard financing programs, tax exempt bond programs, taxable bond financing, tax credits, various programs including the Affordable Housing Trust Programs, Housing Stabilization Funds, Neighborhood Stabilization Programs, Federal Home Loan Bank Programs, the HOME program, Community Development Block Grants (CDBG),Low Income Housing Tax Credits (LIHTC), tax credits for acquisition vs. rehabilitation vs. new construction, Historic Tax Credits and New Market Tax Credits (NMTC),Section 8 programs, the VASH program (for Veterans) and much more.
What’s including in this course?
The PRO version of the Government Deal Funding for Real Estate Investors and Developers include audio CDs, workbooks, and course material covering Hard Financing, Soft Financing, Tax Credits and Section 8. In addition, the PRO version includes follow along DVDs, and a follow up deal help certificate, as well as a free month of VIP membership to get ongoing program updates, access to past updates, Members Only webinars and Members Only resources.
Who is this program intended for?
This program is intended for real estate investors and developers looking to learn more about and take advantage of government financing programs available. If you’re looking to do your first deal and want to know what options are best for you, of if this is your fiftieth development and you are looking to find ways to obtain and or sell tax credits, get funding from the government or access programs you might not otherwise have seen before, this program can benefit you.
How do I Pickup a copy of Government Deal Funding for Real Estate Investors and Developers?
You can learn more about and invest in Government Deal Funding for Real Estate Investors and Developers online here.
Who is Sean Carpenter?
Sean Carpenter is the President and Chief Executive Officer of Shamrock Development Associates, Inc., Government Deal Funding, LLC, Government Funding Solutions, LLC and all of its affiliated companies. Shamrock is a full scale development, consulting, public relations, corporate marketing, and asset/ property management firm. Because of his vast knowledge of public programs and how to navigate the political system, he was sought out to share his insight throughout the United States.
Sean began his career in real estate as an Acquisitions Officer for a national Low Income Housing Tax Credit syndicator, working on LIHTC transactions in the Southeastern and Northeastern regions of the United States. Additionally, he was an Asset Manager at Massachusetts Housing Finance Agency where he maintained a portfolio of federally subsidized properties by conducting annual inspections, regular financial and rent increase analyses, and participated in workout and recapitalization strategies.
Most recently, Sean has served as a Project Manager with a national development company focusing on the preservation of expiring use affordable housing. Mr. Carpenter was also on the staff of a Massachusetts State Senator working with constituents on a wide variety of public policy issues.
Sean is a graduate of the University of Massachusetts at Dartmouth where he holds a Bachelor of Arts Degree in Political Science. Additionally, he holds a Certificate of Real Estate Finance from Boston University. He has previously served on the University Of Massachusetts Board Of Trustees, Southeastern Massachusetts University Building Authority. Additionally he serves a number of businesses, organizations and not-for profit agencies in an advisory, financial, organizational and business management role. His community involvement includes serving as a Representative Town Meeting Member and a call/volunteer firefighter, and various community boards in the Town of Auburn, MA. Mr. Carpenter is also a member of the Sigma Tau Gamma Fraternity and is a published author.
St. Mary’s Housing Corporation
Sage Housing, Inc.
Major David Brodeur Memorial Foundation
Hanlin International Charter School