{"id":7,"date":"2014-08-03T20:46:06","date_gmt":"2014-08-03T20:46:06","guid":{"rendered":"http:\/\/rhymanconsulting.wordpress.com\/?page_id=1"},"modified":"2022-09-15T16:52:23","modified_gmt":"2022-09-15T20:52:23","slug":"consulting_services","status":"publish","type":"page","link":"https:\/\/rhymanconsulting.com\/","title":{"rendered":"Consulting Services"},"content":{"rendered":"<p>RHYMAN CONSULTING, LLC provides strategic guidance, financial structuring, project management, and research and analysis to affordable housing real estate developers and community development financial institutions (CDFIs).\u00a0 The firm\u2019s principal, Rachel Hyman, has extensive experience with securing public and private financing for real estate <a href=\"https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2021\/10\/RH-portrait_10_21-1.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-311 size-medium alignright\" src=\"https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2021\/10\/RH-portrait_10_21-1.jpg?resize=300%2C217&#038;ssl=1\" alt=\"\" width=\"300\" height=\"217\" srcset=\"https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2021\/10\/RH-portrait_10_21-1.jpg?resize=300%2C217&amp;ssl=1 300w, https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2021\/10\/RH-portrait_10_21-1.jpg?resize=1024%2C742&amp;ssl=1 1024w, https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2021\/10\/RH-portrait_10_21-1.jpg?resize=768%2C556&amp;ssl=1 768w, https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2021\/10\/RH-portrait_10_21-1.jpg?resize=1536%2C1112&amp;ssl=1 1536w, https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2021\/10\/RH-portrait_10_21-1.jpg?w=1208&amp;ssl=1 1208w, https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2021\/10\/RH-portrait_10_21-1.jpg?w=1812&amp;ssl=1 1812w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>projects as well as expertise with the programs, agencies, and regulations associated with affordable and supportive housing.\u00a0 She also has expertise in operations, policies and procedures, and asset management. \u00a0The business is a NYC Certified Women-Owned Business Enterprise (WBE).<\/p>\n<p><span style=\"color: #993300;\"><strong>SERVICES<\/strong><\/span><\/p>\n<ul>\n<li><strong>Loan conversions<\/strong> <strong>and Project Underwriting\u00a0<\/strong>\n<ul>\n<li>Manage all aspects of process to convert from construction to permanent financing including working with financial and government entities, performing analysis to ensure project has met financial and operations hurdles, coordinating with staff on all sides of the transaction while directing the process forward expeditiously<\/li>\n<li>Underwrite transactions including project and sponsor analysis<\/li>\n<\/ul>\n<\/li>\n<li><strong>Asset Management and Refinancings<\/strong>\n<ul>\n<li>Analyze project income &amp; expenses and determine the best way to increase cashflow and provide long term financial stability<\/li>\n<li>Pursue refinancing options as appropriate<\/li>\n<\/ul>\n<\/li>\n<li><strong>Technical Assistance on the development process including staff training<\/strong><\/li>\n<li><strong>Assistance with organizational operations, policies and procedures<\/strong><\/li>\n<li><strong>Research and Analysis Projects\u00a0<\/strong>\n<ul>\n<li>Research + writing of handbooks for policies and programs<\/li>\n<li>Analysis + recommendations regarding CDFI loan product development<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong style=\"color: #993300; font-size: inherit;\">REPRESENTATIVE PROJECTS<\/strong><\/p>\n<p>RHYMAN CONSULTING, LLC works with nonprofit and private real estate developers as well as CDFIs:<\/p>\n<ul>\n<li>Financial structuring, negotiation\u00a0and\u00a0project management\u00a0for a\u00a0<span style=\"color: #000000;\"><strong>joint venture<\/strong><\/span>\u00a0between a non-profit and private developer to enable the new construction of a 250 unit, $120 million\u00a0<span style=\"color: #000000;\"><strong>Affordable Senior Project<\/strong><\/span> on publicly owned land in White Plains, NY.\u00a0 Financing consists of 4% low-income housing tax credits, tax-exempt bond issuance, government subsidy, and bank financing. <b>Client: Monadnock Development<\/b><\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><a href=\"https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2014\/08\/ev2.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-33 alignleft\" src=\"https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2014\/08\/ev2.jpg?resize=300%2C172&#038;ssl=1\" alt=\"\" width=\"300\" height=\"172\" srcset=\"https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2014\/08\/ev2.jpg?resize=300%2C172&amp;ssl=1 300w, https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2014\/08\/ev2.jpg?resize=1024%2C586&amp;ssl=1 1024w, https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2014\/08\/ev2.jpg?w=1208&amp;ssl=1 1208w, https:\/\/i0.wp.com\/rhymanconsulting.com\/wp-content\/uploads\/2014\/08\/ev2.jpg?w=1812&amp;ssl=1 1812w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<ul>\n<li><span style=\"color: #999999;\">Conversion <\/span>of $17 million in construction financing to <strong><span style=\"color: #000000;\">permanent debt<\/span><\/strong> for a scattered site 91 unit Harlem project &#8211;\u00a0 into <strong><span style=\"color: #000000;\">two 30-year loans \u2013 condo and rental<\/span> <\/strong>\u2013 with NYC Pension Fund Financing, NYS Insurance, and NYC Subsidy. <strong>Client: Low Income Investment Fund<\/strong><\/li>\n<\/ul>\n<ul>\n<li><strong><span style=\"color: #000000;\">Market Assessment and Loan Product Development<\/span> <\/strong>evaluating need and demand for a new financial product. Developed loan product parameters &amp; key terms. Project consisted of interviews, analysis, <strong><span style=\"color: #000000;\">loan structure recommendations<\/span><\/strong> and potential impediments, final report. <strong>Client: Low Income Investment Fund<\/strong><\/li>\n<\/ul>\n<ul>\n<li><span style=\"color: #000000;\"><strong>Asset management<\/strong><\/span> work on a supportive housing building in the Bronx \u2013 Evaluate finances &amp; lease-up processes and develop strategies to increase cashflow and <span style=\"color: #000000;\"><strong>create long term building stability<\/strong><\/span>. \u00a0<strong>Client: Homeward NYC<\/strong><\/li>\n<\/ul>\n<ul>\n<li>Author and creator of the <a href=\"https:\/\/shnny.org\/publications\/joint-venture-guidebook\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Joint Venture Guidebook: A Resource for Developing Affordable and Supportive Housing<\/strong><\/a>. Commissioned research, analysis, and writing project. Consists of <strong><span style=\"color: #000000;\">11 case studies<\/span><\/strong> along with resource materials. <strong>Clients: Enterprise Communities and Supportive Housing Network of NY<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>RHYMAN CONSULTING, LLC provides strategic guidance, financial structuring, project management, and research and analysis to affordable housing real estate developers and community development financial institutions (CDFIs).\u00a0 The firm\u2019s principal, Rachel Hyman, has extensive experience with securing public and private financing for real estate projects as well as expertise with the programs, agencies, and regulations associated [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-7","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":false,"jetpack_shortlink":"https:\/\/wp.me\/P6H65v-7","_links":{"self":[{"href":"https:\/\/rhymanconsulting.com\/index.php?rest_route=\/wp\/v2\/pages\/7","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhymanconsulting.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/rhymanconsulting.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/rhymanconsulting.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/rhymanconsulting.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7"}],"version-history":[{"count":65,"href":"https:\/\/rhymanconsulting.com\/index.php?rest_route=\/wp\/v2\/pages\/7\/revisions"}],"predecessor-version":[{"id":336,"href":"https:\/\/rhymanconsulting.com\/index.php?rest_route=\/wp\/v2\/pages\/7\/revisions\/336"}],"wp:attachment":[{"href":"https:\/\/rhymanconsulting.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}