ABOUT US

The principals of Audubon Enterprises have over 18 years of experience financing an eclectic variety of asset classes from small retail to institutional sized mixed-use facilities ranging in total development cost from as little as $1 million up to more than $800 million. Audubon has extensive tax credit experience (LIHTC, NMTC and HTC) and has closed on financing from nearly every public capital source available including HOME, HPTF, NSP, CDBG and NIF. Audubon maintains a narrow focus on creatively structuring tax efficient financing for our clients and their partners. Since its founding in 2012, Audubon has been successful in creating and preserving over 900 units of mixed income housing in Washington DC. During the last six months, Audubon closed in excess of $100 million in financing using a variety of capital sources including tax exempt bonds and tax credit equity.

 

 

 

Our Team

Matt Sislen

Co-Founder, Principal

Jordan Bishop

Co-Founder, Principal

Charles Margolis

Development Associate

 

 

 

MAJOR ACCOMPLISHMENTS

 

  • Closed on more than $290 million total development financing; leveraging over $150 million in private capital
  • Utilized New Markets Tax Credit Allocation
  • Closed on more than $73 million of total Tax Exempt Bond Financing issued by the DC Housing Finance Agency
  •  Secured and negotiated 40+ financing commitments from capital sources
  • Successfully completed three (3) Planned Unit Development processes through the Zoning Commission
  • Combined Low Income Housing Tax Credits & Historic Tax Credits
  •  Secured financing for more than 1,400 multifamily units (70% of which are rent/income restricted
  • Raised and closed on more than $76 million of Tax Credit Equity Capital
  • Worked with transactions that required the creation of exit strategies at Year 15 and the understanding of federal housing law

 

 

 

PUBLIC FINANCING PROGRAMS

 

  •  District of Columbia Housing Production Trust Fund (HPTF)
  • HOME Investment Partnership Program
  •  Community Development Block Grant (CDBG)
  • Office of the State Superintendent of Education loans, grants and credit enhancements
  •  Neighborhood Investment Fund (NIF)

 

 

 

CONSULTING ENGAGEMENTS

 

  •  Housing Opportunities Commission of Montgomery County (Maryland)
  •  DC Housing Authority
  •  DC Office of the Deputy Mayor for Planning and Economic Development
  •  TCAM Asset Management (Subcontractor to DC DHCD)

 

 

 

 

 

Interested in learning more?

To find out how we can help strategically finance your next development project using our unique government and private capital relationships, contact us by clicking the button below.

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