Keen Preservation Solutions LLC provides project management support for affordable housing developers.

Keen Preservation's main objective is to strengthen, diversify and revitalize historic communities through thoughtful mixed-income housing development and historic preservation.

 
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ABOUT

Real estate development is full of twists and turns. Keen Preservation has innovative solutions to guide your project to completion.

Keen Preservation has over 15 years of experience working with nonprofit and for-profit affordable housing developers in the Baltimore-Washington metropolitan area, with a primary focus on low income housing tax credit (LIHTC) developments. The firm also has extensive knowledge of HUD programs and other federal, state and local financial incentives designed for historic preservation and affordable housing preservation projects.

Guided by a commitment to help clients create financially and physically sustainable preservation projects, Keen Preservation embarks on projects that improve the lives of its residents and the social fabric of the community.

Testimonials

 

“The Alexandria Redevelopment & Housing Authority requested that Keen Preservation provide various financial models for use by the Board of Commissioners in their deliberations. Keen Preservation excelled all expectations by understanding what Board members were looking for and preparing a format that allowed them to make an informed decision for a future development opportunity. Sakinah guided us on how to ask the right questions on models that contained many variables. Sakinah met our timelines and the products that she delivered went beyond expectations.”

— David Cortiella, Alexandria Redevelopment & Housing Authority

“Keen Preservation is leading the redevelopment of two affordable housing projects in our portfolio and keeps our board and senior management informed about their progress on a quarterly basis. There are many variables involved in affordable housing finance, and I'm very appreciative of the thorough presentations Sakinah creates for us. She presents us with a summary of all of the recent development events in an easily digestible way.”

— Lisa Budlow, Comprehensive Housing Assistance, Inc. (CHAI)

“We engaged Keen Preservation to assist us in preparing a complex tax credit application to the State of Maryland. Sakinah expertly guided us through the nuances of the State’s regulations and organized the hefty workload into smaller, more manageable pieces to fit within the team’s limited time frame. Sakinah composed a well-written narrative that captured the broad scope of the project and compiled all the information into an easy-to-navigate format which beautifully marketed the project, resulting in a successful application and tax credit award.”

— Jennifer Gontram , McCormack Baron Salazar

SERVICES

Development is a transformational process, and it starts with uncovering your needs, objectives, and goals. No matter how complex your housing project is, you’re covered.

 

Feasibility Analysis

Let’s get your project off the ground. After reviewing the key elements, Keen Preservation will configure the settings for your project by taking into account these primary factors:

  • Housing/Mixed-Use Product Type (Affordable, Mixed-Income, Rental, For-Sale)

  • Financing Type (Private and/or Public Financing, Tax Credits, Grants, Soft Loans)

  • Deliverable Time Frame

Predevelopment

It’s time to take off. Keen Preservation will work with you to set the coordinates for your project, including:

  • Developing a project schedule

  • Creating a predevelopment budget

  • Recommending design, construction, financial and legal professionals for your team

  • Assessing construction plans and budget

  • Leading the financial closing

 

Construction Administration

Once the deal has closed, Keen Preservation will support you to the finish line by:

  • Participating in construction progress meetings;

  • Preparing construction requisitions for lenders and investors;

  • Tracking change orders; and

  • Reporting construction milestones to stakeholders.

Project Close-out

Keen Preservation is with you through the end of the development process.

  • Assembling important construction completion documents

  • Facilitating effective communication between key team members and stakeholders

  • Coordinating permanent loan conversion

 
 

CONTACT

Ready to kick your project into gear?

Contact Keen Preservation by email: gearup@keenpreservation.com