Darren Smith and Tim Henzy founded Smith & Henzy Advisory Group in 2014 to expand affordable housing opportunities throughout the United States. Smith & Henzy has served as both a developer and advisor and has successfully created or preserved over 3,000 affordable apartments since 2014. The firm works with a wide-range of industry partners: from working with non-profits to focus on the development of affordable supportive housing to specializing in partnerships with Public Housing Authorities to utilize HUD’s Rental Assistance Demonstration (“RAD”) Program with the goal to restructure and rebuild public housing. Smith & Henzy currently has an ownership portfolio of over 1,000 apartments with another 1,000 in development. Smith & Henzy is deeply committed to following its vision and expertly navigates the road to developing and strengthening the country’s affordable housing stock.
The firm concentrates its work in the following areas:
- Structuring new construction
- Acquisition rehabilitation
- Mixed income
- Component 1 and 2 RAD
- Support services housing
- Year 15 development projects to determine feasibility
- Coordination and management of the development process
- Securing debt and equity
- Securing government financing and grants
The firm’s goal when working with not-for-profit institutions and private developers is to represent the client with a high level of development experience and financial sophistication needed to attract financial institutions and allow the client to maximize the financial benefits of each project. S & H has developed a proprietary model and brings the experience of its principals to give clients development resources and knowledge that are equal to or better than most experienced developers in the field.