Real Estate Development Boot Camp

Real Estate Development Boot Camp will help you learn the fundamentals of developing affordable housing in Michigan, equipping you with the tools you need to transform your community. Whether you are new to the industry or could use a refresher in current trends and standards, learning the fundamentals of this complex industry can play a major role in the success of a project.

2019 Training

*Individual members are not eligible for the member rate on trainings. Learn more about the different levels of a CEDAM membership and the benefits associated with them here.

  • When: June 3-7, 2019
  • Where: Kettunen Center in Tustin, Michigan
  • View the 2019 draft agenda
  • Cost:
    • Early member rate: $899 (ends May 1, 2019)
    • Early nonmember rate: $1,399
    • Member rate: $999
    • Nonmember rate: $1,499

Curriculum

Development Process

  • Explore the order of activities in which real estate development usually occurs
  • Understand basic pro forma development and how affordable housing real estate finance works, including tax credits
  • Understand at which points decisions must be made in order to move forward on a project
  • Provide a flow chart of the CD real estate development process

Market Identification

  • Explore the necessity of market knowledge in the real estate development process
  • Understand the components of a housing market study
  • Identify ways of gaining marketing information at little or no cost to the organization

Site Selection & Control

  • Gain an understanding of the site characteristics that are notable when selecting a site for development
  • Understand the site control process
  • Review methods of site control and receive model site control documents

Final Project

  • Apply concepts learned at training to create a project plan for a potential development
  • Present (with a group) to a funding panel comprised of professionals from MSHDA and several funders who review and finance projects

View Past Boot Camp Photos