Lending & Underwriting

MRS provides lending and underwriting services on behalf of CDFIs and other lenders to structure and negotiate financing transactions. We take part in direct lending negotiation, including working with third party professionals, to close complex loans such as NMTC transactions. We provide off-site underwriting services, adding capacity to CDFIs and other lenders. We can also address short-term capacity needs based on unanticipated volumes and provide high-level technical underwriting capacity for complex transactions.

Real Estate Development

MRS provides full-service development services ranging from project conceptualization and grant writing to securing financing and project administration. MRS specializes in affordable housing development and financing, including LIHTC and other HUD funding programs. We also work on non-residential projects that need to secure tenants, source capital, and access federal programs such as New Markets Tax Credits and Historic Tax Credits. We also assist private developers with accessing government funding and responding to RFPs for development.

Planning & Technical Assistance

MRS provides planning and technical assistance services to the public sector, including local, county, and state level agencies such as New Castle County, DE, the City of Philadelphia’s Commerce Dept. and the State of New Jersey’s Dept. of Community Affairs. We work with clients to plan for revitalization through development and identify economic development strategies and incentives that generate business investment and commercial activity. We also prepare RFPs, draft procurement requirements, provide training on federal requirements, secure approvals, and address staff capacity issues.