Cities & Housing Authorities
A capital partner for public purpose.
Gr3ySpace works with municipalities, PHAs, redevelopment authorities, and land banks to bring capital, construction discipline, and long-horizon ownership to affordable housing.
What we bring
Capital, execution, and long ownership.
Gr3ySpace funds close on entitled sites, underwrite tax credit and bond stacks, and hold assets through the full compliance period. The result: predictable partners for RFPs, land dispositions, and RAD conversions.
- 4% and 9% LIHTC equity through Fund II
- Tax-exempt bond financing coordination through Fund VIII
- RAD and Section 18 conversions through Fund I
- Preservation acquisitions with same-day IOIs
- Ground lease and disposition structuring
How we work
Terms that respect public goals.
- Affordability extensions to the maximum allowed by program
- Local hiring and MBE/WBE commitments in every budget
- Written community benefit agreements where required
- Resident-first relocation plans on preservation deals
- Predictable reporting to the sponsoring authority