Experience

Sokoloff Farias Associates offers a wide-range of services, drawing on the diverse experience of employees to create comprehensive coverage of all aspects of project development.

Housing Development

SFA has effectively secured financing for numerous housing developments in excess of $600 million producing over 2,000 units, including over 45 Low Income Housing Tax Credit developments. SFA has developed programs, created financing packages, and been the project manager for numerous affordable housing initiatives. SFA has extensive experience in the areas of federal grants, subsidized housing, low income housing tax credit syndications, and state and federal historic tax credits to develop multi-family housing, SROs, manufactured housing, and single family units. SFA has consistently secured funding from the HUD Section 811 housing for disabled persons program and the HUD Section 202 housing for the elderly program. SFA also has experience in the development of market-rate apartments and condominiums.

Project Management

SFA has served as the project manager for over 40 developments, providing overall development consulting services for all projects. Its services include but are not limited to oversight of site plan development, development plan approval, team coordination, construction oversight and project tracking. SFA is generally responsible for securing project financing. SFA has also prepared and coordinated permit applications to numerous city and state agencies.

Further, SFA provided consulting services to the Pawtucket Public Buildings Authority to oversee the $30,000,000 revenue bond program for improvements to the Pawtucket water supply system. This included management of engineering studies, as well as oversight of contracts with engineering, construction management and consultant firms.

Mixed Use and Non-residential Development

Sokoloff Farias Associates has closed over a dozen New Markets Tax Credit transactions which have funded a wide variety of projects.

SFA worked with Farm Fresh Rhode Island and Southside Community Land Trust to finance two food and agriculture hubs that include produce aggregation, processing and distribution, farmers markets, and retail businesses utilizing local food.

SFA has also helped finance several mixed-use buildings, from the SWAP commercial and residential building at 500 Broad Street in Providence to the AS220 rehabilitation of the historic Dreyfus Hotel and Mercantile Block buildings, which now provide artist housing and commercial space in downtown Providence.

SFA has financed several community facilities, including multiple Boys and Girls Clubs, a YWCA, a childcare facility, and a charter school. To finance the development of these projects, SFA secured state and federal historic tax credits, New Markets Tax Credits, Community Development Block Grant money, funds from state and city agencies, Federal Home Loan Bank and traditional bank financing.

In addition, SFA was the development consultant for the adaptive reuse of the Shepard Building in downtown Providence. This included developing the best utilization of the building and creating financial scenarios, which ultimately resulted in the location of the URI Providence Campus.

Charter School Development

SFA provides charter school consulting services, assisting with charter development, Department of Education approvals, financing plans, start-up operations and facility development. SFA worked with YWCA Rhode Island to develop the Sheila C. Skip Nowell Leadership Academy, a virtual charter high school with four locations throughout Rhode Island. Nowell Leadership Academy targets pregnant and parenting teens and provides students access to wrap around services. SFA provided guidance and assistance throughout all planning phases, including preparation of the charter school application, preparation of operating budgets and facility capital budgets, liaison with the RI Dept. of Education, and assistance in identifying and securing school locations.

SFA is working with the International Charter School to expand to a larger facility.

Housing Planning

SFA has provided housing planning and implementation services to non-profit entities, for profit corporations, cities, towns and the State of Rhode Island. This includes management consulting for non-profit housing and community development corporations, providing assessment and strategic planning. SFA developed the statewide affordable housing plan as well as local affordable housing plans for six RI communities. SFA also prepared Consolidated Plans for Providence and Cranston.

SFA has developed innovative programs that have won many competitive national grants and provided significant new dollars for RI programs. SFA developed and wrote a housing policy/strategic plan for the City of Providence that makes recommendations to re-engineer the delivery of housing services with major changes in housing policies. In addition, SFA developed a strategic plan for AIDS housing for the State of Rhode Island and analyzed homeless housing activities in RI, authoring a continuum of care for homeless housing submitted by the State of RI to HUD as the basis for activities.

Community Development and Master Planning

SFA has led many planning efforts, prepared zoning ordinances and assisted in the development of community regulations. It produced the Providence Harbor Management Plan; the Master Plans for Seekonk, MA, and Warwick, RI; the Downtown Revitalization Plans for East Greenwich and Warren, RI; and the Revitalization Plans for the Elmwood Neighborhood, Coventry Harris Mill Village and Columbia Heights. In addition, SFA participated in the master plans for Exeter, North Providence and Central Falls, RI. SFA received the Outstanding Plan in Rhode Island award from the American Planning Association for its work on the East Greenwich Revitalization Plan.

Also in East Greenwich, SFA prepared the Town of East Greenwich Mixed-Use Transit Oriented Development Master Plan as well as a conceptual design for King Street in the National Register Historic District, which integrates Main Street with the waterfront.

The Providence Preservation Society hired SFA to identify major planning issues for the Promenade Planning District, which runs from Providence Place Mall to Olneyville. The resulting report is intended to be a working document for use by the Providence Preservation Society to facilitate on-going discussion among Promenade District stakeholders.

Strategic Planning

SFA is a consultant to non-profit entities, cities, towns and the State of Rhode Island, providing planning and implementation services, management consulting, assessment and strategic planning.

SFA has prepared organizational assessments and strategic plans for a number of non-profit agencies and revitalization programs. The scope of the strategic plans has ranged from development of mission statements to the creation of work programs. Small towns such as East Greenwich and Warren have used this process to guide their efforts. The end result is a work program with a timetable, responsible parties and funding sources.

SFA has also conducted numerous focus groups as part of larger planning studies. SFA identified focus group participants; designed agendas; set up, conducted and summarized meetings; and incorporated resulting information into comprehensive final reports. Focus groups have been utilized by SFA for the Providence Housing Policy Report, East Greenwich Downtown Revitalization Plan, Strategic Plan for Housing for Persons with AIDS, Newport Marine Facilities Plan, Warren Downtown Revitalization Plan and Warwick-East Greenwich Bicycle Network.

Grant Procurement

SFA has secured grants from the United States Department of Housing and Urban Development (HUD), Economic Development Administration (EDA), Environmental Protection Agency (EPA), Department of Veterans Affairs (VA) and Department of Energy (DOE). It has also had success securing numerous state and local grants.