EXPERIENCE

MELMAC PROPERTIES’ REPRESENTATIVE EXPERIENCE

Advisory work for a major ski resort owner/operator about opportunities and regulatory landscape surrounding workforce housing for resort employees.

Loans to Midwest redeveloper of distressed single-family homes to facilitate the safe and stable housing of middle-income homeowners and revitalization of neighborhoods using its Property Acquisition Loan Program.

Loan to New England developer to help fund a solar panel and mill redevelopment project in Western Maine.

Co-development and ownership of a low-income housing community for families in Central Maine using 9% Low Income Housing Tax Credits (LIHTC).

Since 2006, Bryan Shumway, Melmac’s Principal, has overseen teams that developed over 2,150 units of LIHTC housing and has been the Prime Developer of over 1,360 units of LIHTC housing and has led the acquisition of over 1,120 units of affordable housing.