Scattered Site Rental Toolkit:

Business Planning for Development & Management

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V.B. Approaches to Producing and Managing SSR Projects

There are a number of approaches to developing, managing and funding SSR projects and there is no single approach that is necessarily the best. One size does not fit all. The following table contrasts the differences in the SSR programs of a few of the agencies we interviewed while developing this manual. We found agencies all had their strong and weak points. Most were really good in a number of areas and had room for improvement in others.

Comparison of Different Program Designs

Name of agency

Location of Agency

Year the agency began doing SSR development

Current number of scattered site units owned

Primary funding source

New Construction or rehabilitation

Short- or long-term lease purchase?

Management of units in-house or contracted out

Strengths of the  organization

Beyond Housing

St. Louis, MO

1980

350

LIHTC Program

primarily new construction

NA

in-house

The vast array of services that they offer their tenants

Cleveland Housing Network

Cleveland, OH

1981

1,800

LIHTC Program

primarily rehabilitation

long-term

in-house, though some work through local CDC's

Their efficient, no-nonsense approach to development

Columbus Housing Partnership

Columbus, OH

2000

400

LIHTC Program

primarily new construction

long-term

contracted out to CPO, a nonprofit mgt company

Their well thought out asset management plan

St. Ambrose Housing Aid Center

Baltimore, MD

1978

200

Variety of programs, many from the State of Maryland

primarily rehabilitation

NA

in-house

The detail that is put into the management and the maintenance of their units

*”Short-Term Lease Purchase” is defined as a program in which tenants are prepared for homeownership within 2-3 years.  Long-term lease purchase involves leasing units for 15 years and then converting to homeownership.

Next: V.C. Rehabilitation or New Construction?