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 your real estate development project.

2021 Training

CEDAM’s Real Estate Development Boot Camp training is coming back this fall! We’ve spent the past year and a half reviewing our past curricula and getting feedback from our stakeholders about how to best meet Michigan’s real estate development capacity needs. This 2021 training format will look different from year’s past, and we’re excited to share with you what that looks like soon. Make sure to subscribe to CEDAM emails to be the first to hear about Real Estate Development Boot Camp as well as other future events and trainings.

Past 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