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.
2021-22 Training Overview
After one year off, CEDAM is thrilled to host its signature Real Estate Development Boot Camp training! We worked with consultants, stakeholders, and members to develop a new, expanded curriculum to better meet the needs of community developers and those looking to revitalize their communities through real estate development.
In addition to understanding the Low Income Housing Tax Credit (LIHTC) program, participants of CEDAM’s Boot Camp will gain an understanding of what development is and why it matters through the lens of the community development field, understand key players in the development ecosystem, learn about funding sources for small- to medium-size projects, the development process, community engagement strategies, and more.
The first part of boot camp will be live virtual learning and take place over 2.5 days November 8-10, 2021. This will be followed by both live and pre-recorded lessons starting in December and going through April 2022. The cohort will meet monthly to discuss the sessions.
Given the status of the COVID-19 pandemic, we will aim to meet in-person as a cohort at the end of April 2022.
Thank you to our 2021-22 Boot Camp sponsors!
2021-22 Training Curriculum
November 8-10 | Virtual | Live presentations
EXERCISE (1): Picture MI Places
LESSON (2): What is Development & Community Development?
LESSON (3): The Basics of Buildings (zoning, building code, finance trifecta)
LESSON (4): The Basic Elements of a Pro Forma
LESSON (5): Community Development Finance Institutions
LESSON (6): Cultivating Neighborhoods Through Real Estate (why this all matters)
LESSON (7): Designing for Humans, Designing for Cars (urban, suburban, rural)
LESSON (8): Overview of Residential and Commercial Market Analysis
LESSON (9): Development Process and Policy Review, Zoning Best Practices and Strategic Planning.
LESSON (10): Funding & Incentives
LESSON (11): Promotion & Placemaking
LESSON (12): Development & Implementation
The 2.5 day live training will be followed by additional live and pre-recorded topics, that latter of which attendees will have access to and will be able to watch at their own pace. The cohort will meet monthly between December 2021 and April 2022 to discuss each session. Depending on interest and goals, participants will be able to choose to focus their time learning about Low Income Housing Tax Credits (LIHTC) or small scale development.
Registration is currently closed. Please email Emily Reyst, Director of Communications & Training, with any questions.