With origins as a developer of high-quality affordable/workforce rental housing, Ingerman’s development activities have expanded to focus on delivering innovative housing solutions for market-rate rental and for-sale communities. The company maintains strong relationships with leading financial institutions and institutional equity investors. Ingerman adheres to responsible development practices, working collaboratively with project stakeholders – including municipalities and residents – to ensure that each of the company’s developments positively contributes to the local community.
Working in collaboration with its development principals, the Ingerman development staff is intimately involved in all aspects of the development process including identifying raw land and existing buildings for development, securing all project financing and approvals, selecting third party professionals, creating and ensuring adherence to development budgets and schedules, and guaranteeing a smooth coordination with Ingerman’s construction and management companies.
When it comes to affordable/workforce housing, Ingerman for over twenty years has been a leader in the mid-Atlantic region. It has received in excess of $75 million in tax credit reservations which have been sold to primarily Fortune 100 companies to raise equity in excess of $650 million. Throughout the years, Ingerman has continued to expand its scope of activity and its geographic coverage by bringing innovative affordable housing solutions to new challenges it embraces in an ever changing world. We are proud of the over 100 projects we have completed or have under construction representing in excess of $1.4 Billion in development costs.