Your Assets Don t think that you have little to offer. When a for-profit developer approaches you to participate in a project, it is only because your agency s status provides access to financing resources not available without you. If the developer could have financed the project without your participation, you would never have gotten the call in the first place. You have something the developer wants. Don t be so fast to compromise your assets.
Participation Do demand an active role in the project.
This includes design, planning, financing, construction, and management. You should expect to be regularly involved in critical decisions and project planning and management. Mission Do check the project s fit with your agency s mission. Assistance Don t undertake a project just because there is a need for affordable housing. Good intentions will not make up for bad decisions or bad projects.