Duvernay + Brooks often acts as a development consultant to municipal housing authorities and other public-sector agencies. We also provide development consulting to private for-profit and not-for-profit developers. Our deep and highly diverse transactional experience comes strongly to the fore when we serve as development consultant, as does our extensive background in working with numerous large and small public housing authorities.
While financial consulting is transaction-oriented, development consulting is more holistic and policy oriented. It may involve portfolio review of public housing assets, for example, or developing policies and programs to implement an agency’s policy goals. When working with public housing authorities, we tailor our services to the role the agency wishes to play: When an authority chooses to act as the developer, D+B works with the authority to create effective implementation strategies, often providing project management services throughout the development process. However, when an authority chooses to contract with a third-party developer, D+B assists in the selection of development partners, often working with the authority in the creation, administration, and evaluation of requests for qualifications or proposals. We also assist authorities in negotiating with development partners on all business terms.
When working with for-profit and not-for-profit private developers, D+B provides assistance in preparing responses to requests for proposals for the development of municipally owned properties. We assist private developers in securing conventional financing as well as government subsidies. Our development consulting services also include budgeting, managing project execution, coordinating the work of third-party contractors, and overseeing marketing efforts.