To others what may appear the impossible, becomes possible with ALCA.

Affordable Housing/ Multi Family Solutions

We are experienced with the architectural, engineering and environmental due diligence requirements of the various government agencies involved with multi-family housing and healthcare properties, including the US Housing and Urban Development (HUD), Fannie Mae, Freddie Mac, USDA and State LIHTC Capital Needs Assessment.

WHAT WE OFFER

  • HUD Project Capital Needs Assessment (PCNA) and RAD Physical Condition Assessment (RPCA)
  • ASHRAE II Energy Audit
  • Green Physical Needs Assessment (GPNA)
  • Fannie Mae Physical Needs Assessments (PNA)
  • Capital Needs Assessments that meet State Low Income Housing Tax Credits (LIHTC’s) Qualified Allocation Plans (QAP)
  • HUD 221(d)(4) Architectural, Document and Cost Reviews

ALCA Associates conducts Property Condition Assessments (PCA) in accordance with current ASTM E2018-15 guidelines for lenders and investors of real estate properties. Our Property Condition Assessments typically include a review of the following information:

  • Construction plans, repairs/renovation proposals, records of capital expenditures and historical repairs, and estimated budgets for improvements.
  • Site features including parking and flatwork, landscaping and site topography and drainage.
  • Roof coverings, flashing, expansion joints, drainage and parapet walls.
  • Building material and finishes including construction framework, foundation, interior/exterior walls and doors, finishes and windows.
  • Electrical systems including transformers, switchgears, distribution and emergency power.
  • Plumbing systems including piping material, water heaters, and drainage.
  • Conveyance systems including lifts, elevators and escalators.
  • Fire protection systems including suppression systems and alarms.
  • Utility connections, and refuse disposal.
  • ADA accessibility including parking, interior/exterior routing, restrooms and elevators.

ALCA Associates provides Capital Needs Assessments to meet requirements of the Department of Housing and Urban Development (HUD), Fannie Mae, USDA Rural Development, state and local agencies, or other lender specific requirements during a property transfer of ownership, rehabilitation or refinance.

A Capital Needs Assessment (CNA) is a reporting tool that assesses current and projects future capital needs of multi-family properties. A Capital Needs Assessment allows real estate investors to mitigate risk and to plan for large capital expenses over a reserve term. It also provides an analysis of architectural and building systems, recommendations for specific improvements, and funding estimates for long-term capital repair and replacement activities. Additionally, CNA’s also identify safety hazards and code violations that pose liability concerns, deferred maintenance items and items beyond useful life that require replacement.

Capital Needs Assessments are used for funding applications, rehab planning, improving compliance with the ADA, FHA or UFAS, or simply project planning and budgeting.

Energy Performance Audits

Energy efficiency disclosure of commercial buildings is now being required by most states. Therefore, more purchasers, commercial real estate professionals, and property owners are understanding the value of energy assessments not just due to their regulatory requirements, but also because the initiatives actually work.

ALCA Associates’ analysis of a property offers an accurate assessment of the building as it performs today and practical, cost-effective solutions for how the building can perform better with the implementation of energy efficiency measures.

We are equipped to handle your energy and sustainability consulting needs on a variety of commercial and multifamily properties.

The purpose of a Phase I Environmental Site Assessment is to gather sufficient information to develop an independent professional opinion about the environmental condition of the property and to identify actual or potential environmental contamination, which may impact the property value or affect claim to an “innocent land owner” exemption following acquisition.

Phase One Environmental Site Assessments (ESAs) should be an essential step in acquiring commercial or industrial property, but there are many questions stakeholders have about Phase I ESAs. Phase I Environmental Site Assessments are the introductory phase of investigating if there is a potential for environmental risk or contamination on a property that would affect its value and if additional investigation and testing is warranted.

TESTIMONIALS

Partner in Our Success

As one of the nation’s leading preservation developers, ALCA Associates is a critical partner in our success. As a longstanding and trusted partner, ALCA has provided industry leading capital needs assessments for projects across our geographic footprint.  The work product they provide has been critical to our growth and success.

Arthur Krauer
Millennia Housing Development

2019-04-17T16:31:26+00:00

Arthur Krauer
Millennia Housing Development

As one of the nation’s leading preservation developers, ALCA Associates is a critical partner in our success. As a longstanding and trusted partner, ALCA has provided industry leading capital needs assessments for projects across our geographic footprint.  The work product they provide has been critical to our growth and success.

We are fortunate to have such a collaborative provider

ALCA Associates has been our sole provider of market studies, phase I environmental reports and capital needs assessments for more than 50 properties. Meeting deadlines and expectations has never been a problem for us because the turnaround time is quick and the expertise provided to our company has always been first class. We are fortunate to have such a collaborative provider.

Robert Bender, Vice President
The Provident Companies

2018-12-05T22:06:51+00:00

Robert Bender, Vice President
The Provident Companies

ALCA Associates has been our sole provider of market studies, phase I environmental reports and capital needs assessments for more than 50 properties. Meeting deadlines and expectations has never been a problem for us because the turnaround time is quick and the expertise provided to our company has always been first class. We are fortunate to have such a collaborative provider.

I have NEVER been disappointed!

I personally have worked with Allan Forsythe for over 16 years completing a couple hundred CNA’s and in developing 30 tax credit communities. I inherited Allan thru our Management Division from decades of assisting Fairfield Homes in developing tens of HUD and Rural Development communities across Ohio.  Most recently he has finalized CNA’s for 19 RD Demo properties awarded in 2011 and 2015.   Allan has always been quick to respond both to the request for the CNA /site visit to the final product and any corrections needed for finalizing or RD approval.  His pricing is very reasonable for the comprehensive and expert service that he provides.   That experience is quite evident when determining and working together to finalize scopes for renovation projects.  I have NEVER been disappointed!!!  We hope to engaging him shortly as we move forward to submit our next Preservation Tax Credit Application.

Christine S. Collins, Director of Development
Fairfield Homes, Inc. 

2018-12-05T22:14:28+00:00

Christine S. Collins, Director of Development
Fairfield Homes, Inc. 

I personally have worked with Allan Forsythe for over 16 years completing a couple hundred CNA’s and in developing 30 tax credit communities. I inherited Allan thru our Management Division from decades of assisting Fairfield Homes in developing tens of HUD and Rural Development communities across Ohio.  Most recently he has finalized CNA’s for 19 RD Demo properties awarded in 2011 and 2015.   Allan has always been quick to respond both to the request for the CNA /site visit to the final product and any corrections needed for finalizing or RD approval.  His pricing is very reasonable for the comprehensive and expert service that he provides.   That experience is quite evident when determining and working together to finalize scopes for renovation projects.  I have NEVER been disappointed!!!  We hope to engaging him shortly as we move forward to submit our next Preservation Tax Credit Application.

Very responsive and knowledgeable

The firm is very responsive and knowledgeable, reasonable priced, and demonstrates understanding of many underwriter needs. I would highly recommend.

Richard Carr, Director of Construction and Facilities
Emerald Development and Economic Network, Inc.

2018-12-05T22:17:40+00:00

Richard Carr, Director of Construction and Facilities
Emerald Development and Economic Network, Inc.

The firm is very responsive and knowledgeable, reasonable priced, and demonstrates understanding of many underwriter needs. I would highly recommend.

Trustworthy source of service for the past 30+ years

Alca Associates has been a trustworthy source of service to our agency for the past 30+ years, providing packaging services for USDA-RD developments, Section 42 Tax credit developments, market surveys and environmental studies, among other things. We feel confident in recommending AlCA Associates to anyone in need of market advice, special studies or packaging of government programs for which they have a treasure trove of experience.

Jon R. Veard, President
United Property Management Company

2018-12-05T22:27:42+00:00

Jon R. Veard, President
United Property Management Company

Alca Associates has been a trustworthy source of service to our agency for the past 30+ years, providing packaging services for USDA-RD developments, Section 42 Tax credit developments, market surveys and environmental studies, among other things. We feel confident in recommending AlCA Associates to anyone in need of market advice, special studies or packaging of government programs for which they have a treasure trove of experience.