Financing
& Development

SSCG & SPM determine financial feasibility of the project based on available funding sources and prepares and submits financing applications. We inform the owner of all financing requirements and expectations of potential funders. Specific activities may include:

  • Acquire properties from public agencies as well as from the private market.
  • Proposal writing & fund raising from public and private sources.
  • Presentation to community members and major stakeholders.
  • Preparation and execution of finance closing documents.
  • Identification of qualified architects, engineers, contractors and other professionals such as environmental firms.
  • Management of architect, engineer, contractor and other professionals.
  • Prepare financing applications to public and private sources such as the RDA (HOME, CDBG, HOPWA, HUD SHP, and McKinney), PHFA (Penn HOMES, Tax Credits, Bond Financing, and Special Initiative), DCED, Commerce, FHLB, HUD 202, and various private foundations.
  • Prepare program and operating feasibility reports.
  • Conduct site and community planning with appropriate mapping tools.
  • Ongoing management of project financials.

Stone Sherick Consulting Group 230 N. 2nd Street - Philadelphia, PA 19106 215-627-8877