SAA|EVI has worked with community leaders, government and investment partners to rebuild neighborhoods and urban centers. Years of experience and in-house expertise provide us with an ability to efficiently execute transactions to finance affordable and market rate housing. SAA|EVI principals have extensive experience utilizing various forms of tax credit financing including low income, historic and new market credits, as well as securing conventional forms of debt and equity. Our range of work, from real estate private equity to executing the most complex government-sponsored programs, allow us to consistently create value as consultants.
Previous consulting work includes New York’s Downtown Revitalization Initiatives (DRI) which focuses on turning downtown neighborhoods into vibrant communities. The program will invest $100 million into 10 additional downtown neighborhoods across the state. Initiatives we have worked on include:
Geneva, NY
The City of Geneva was selected in 2016 to receive $10 million through the Downtown Revitalization Initiative (DRI).
SAA|EVI helped facilitate the priority project selection by engaging the public and identifying projects that support the community’s long term vision for revitalization. The project team created full scale renderings, analyzed existing traffic conditions and demographics, designed concepts and ran scenario and impact analyses for priority projects to gauge feasibility and readiness. Eighteen projects were ultimately selected which support the vision and goals of the DRI.
Rome, NY
In collaboration with a team of expert subconsultants a Strategic Investment Plan was created for downtown Rome. Multiple studies on project cost estimates and site specific economic pro formas were conducted.
Binghamton, NY
The Greater Binghamton Fund (GBF) will invest $20 million into the development and execution of key projects located within the three urban cores, or “iDistricts”, in City of Binghamton and Villages of Johnson City and Endicott. SAA|EVI is currently assisting the Greater Binghamton Work Group and Empire State Development with the completion of the Strategic Investment Plan, which is focused on identifying key economic development opportunities for funding that will have a transformative impact on each downtown community.
Downtown Auburn Map of DRI boundaries for 2018 proposal
Auburn, NY
The initiative involved identifying future investment opportunities which included boosting downtown, branding and marketing Auburn, public improvement projects, and reviving loan or grant funding programs to incentivize the redevelopment of vacant and underutilized buildings.