Public Housing
At Gorman, we have a dedicated team of professionals that specialize in understanding the unique challenges and opportunities that come with preserving, redeveloping, creating, managing, and financing quality public housing.
Our vertically integrated approach allows us to be fully engaged at every aspect of the development process from concept design and construction to relocation and asset management.
As the general contractor, Gorman takes great pride in its innovative approaches to Section 3 and minority local hiring practices, maximizing the overall economic impact of the development for the community.
Coffelt in Phoenix, AZ
Coffelt
Total Development Cost: $46,128,109
Gorman & Company, in partnership with the Housing Authority of Maricopa County (HAMC), redeveloped and revitalized the historic Coffelt-Lamoreaux Apartment Homes. This 301-unit, 38-acre public housing development was originally built for returning Korean War veterans and migrant farmhands and now houses low-income individuals, families, seniors, and people with disabilities in the Phoenix area. The HAMC had originally planned to demolish and dispose of the Coffelt development due to its physical decay and lack of federal resources. However, with 75% of the student body at the adjacent Hamilton Elementary School residing at Coffelt, the County quickly realized that closing the development would result in closing the school. Coffelt underwent a ‘gut-rehabilitation’. The redeveloped Coffelt has new streets and sidewalks, new off-street parking bays, underground utilities, new plumbing and electrical, brand new kitchens, baths and appliances, and modernized floorplans. Coffelt was the first project in Arizona to ever be awarded a RAD commitment from the federal government, and has since been added to the National Register of Historic Places. Click for Rental Options.
The River at Eastline Village in Peoria, AZ
The River at Eastline Village
Total Development Cost: $17,227,878
The Housing Authority of Maricopa County, in partnership with Gorman & Company, redeveloped and “transferred assistance” of two existing public housing developments to River at Eastline Village. The 56 units of public housing as Clare Feldstadt 1 & 2 were converted to Project-Based Rental Assistance under HUD’s RAD program.
The new site, River at Eastline Village, is located in the Escalante Neighborhood, abundant in amenities such as schools, parks, human services, and public transportation. This transit-oriented development sits along the Valley Metro Light Rail on Apache Boulevard.
River at Eastline Village consists of 56 high quality, affordable family units that are accessible to the physically disabled and sensory impaired. A central community center is located on the ground floor offering a leasing office, and multi-use facility to be used for after school programs, educational assistance, a computer lab, fitness center, and office space for counseling and case management.
Our Public Housing Experience
Providing in-house expertise for providing innovative housing solutions for housing authorities across the nation.
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Projects
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William Towns, Ph.D.
National Market President of Community Revitalization and Public Housing
Meet William
William Towns, Ph.D., a leading scholar, and advocate for housing equity among underrepresented communities, joined Gorman & Company in 2021. Towns is leading Gorman’s partnership-building efforts with local public housing authorities to advance comprehensive revitalization and redevelopment strategies. Dr. Towns joined Gorman as National Market President for Community Revitalization and Public Housing. Before joining Gorman, Will worked at 4S Bay Partners where he was the Managing Director of Chi-Town Impact, an equity fund focused on funding women and entrepreneurs of color. He also held executive-level positions with the University of Chicago, Mercy Housing, and Pathway Senior Living. Towns’ expertise in private equity funding complements Gorman’s financial resources and knowledge.
He maintains teaching positions with both the University of Chicago and Northwestern University’s Kellogg School. Towns has advised and sat on boards of health, education, banking, and economic development organizations. His passion for working with underrepresented communities intensifies the company’s focus on building social equity through housing and lends yet another perspective to the work in revitalizing public housing communities.
Noah Gerencir
Financial Analyst
Noah, Financial Analyst for Gorman’s Public Housing and Pacific Northwest markets, focuses on projects utilizing LIHTC, workforce, public housing, and market rate structures.
Noah holds a Bachelor of Business Administration in Real Estate and Urban Land Economics and Finance, Investment, & Banking from UW Madison.
Jeremy Johnson
Development Assistant
Jeremy joined Gorman & Company to support the Public Housing team in organizing best practices and due diligence items for various developments within this national market.
In his career Jeremy has served in diverse positions within property management, compliance, and real estate development. Notably, Jeremy has previously contributed to the success of LIHTC and Historic development deals as an executive assistant facilitating cross-functional collaboration between key team members, departments, and C-level executives.
Megan Schuetz
Director of Development
Megan serves as Director of Development, integrally involved in our Public Housing and Wisconsin markets.
She provides nearly two decades of affordable housing experience primarily LIHTC, HTC, RAD, along with many other soft funding sources to the company. Megan also provides strategic direction and oversees implementation on new deveopment opportunities.
Rachel Snethen
Director of Development Operations
Rachel oversees development & marketing along with the EB-5 Regional Center. She provides training, mentorship, quality assurance, and best practice implementation. She manages efforts between funding partners through closing, construction, and stabilization.
Rachel has an MBA & B.S. in Management & Business from Franklin University and Associate Degree in Real Estate from Madison College.
We initiate strategies with integrity, implement innovative solutions, revitalize communities, and build strong neighborhoods through inclusive partnerships.
