Since 1993, Geller, Silvis & Associates, Inc. (GSA) has been a trusted partner in creating, preserving, and enhancing affordable housing options across the Pacific Northwest. Rooted in a mission to ensure thriving communities and family stability, GSA offers comprehensive consulting services tailored to Housing Authorities, Community Development Companies, and Real Estate Developers.
Whether you're at the planning stage or working to safeguard existing affordable housing, GSA provides the expertise and network to drive success at every step.
Why We Support Affordable Housing
Through all stages of planning, financing, and development, we focus on community, inclusion, and innovation. As lifestyles evolve, we believe affordable housing is crucial to the growth of our towns and cities.
Affordable housing not only benefits the families living in the homes but also boosts the surrounding economy. Job creation, neighborhood investment and bolstered local tax bases are all associated with affordable housing development.
Affordable housing creates jobs and draws investment
Developing affordable housing has a positive economic impact on the surrounding community. Every 100 multi-family units built supports 161 jobs in the first year and an additional 44 jobs in each subsequent year. Housing construction and upkeep employs a variety of workers ranging from engineers and construction workers to leasing consultants and maintenance technicians. The jobs supported by housing development bring in $8.1 million in local wages and salaries and $1.6 million for local business owners.
Affordable housing improves workforce recruitment, retention and expansion
Affordable housing opportunities close to employment centers save employees time commuting, increase productivity and lead to financial gains for the employers. When employees cannot afford to live near their work, employers lose money from high turnover and reduced productivity resulting from longer commutes. Several large corporations are starting to recognize affordable housing’s crucial role in local economies and investing billions of dollars to address shortages.
Affordable housing returns money to local economies
Affordable housing development returns money directly to the local economy. Every 100 single-family homes built generates an additional $3.4 million in local taxes as well as $1 million in tax revenue in each subsequent year. These additional tax dollars can then be re-invested in community amenities that benefit everyone, such as street and sidewalk repairs, parks and playground construction or increased school funding.
Affordable housing builds long-term community resilience
Affordable housing promotes diversity and inclusivity, fostering a sense of community among residents from various backgrounds and income levels. Investing in affordable housing strengthens communities against economic downturns, ensuring that diverse populations can thrive together.
Finance Consulting Expertise & Community Partnership Focus:
With our in-depth knowledge of finance consulting for affordable housing development, we help maximize funding opportunities for community projects. Collaborating with local organizations and agencies is at the core of our approach, ensuring a holistic community development strategy. We have worked with non-profits, for profit developers, and housing authorities throughout the Pacific Northwest.Our Commitment to Our Clients and the Communities We Serve:
Our nimble team of experts are committed to navigating our clients through all phases of development and preservation. We are known for simplifying complex processes and using creative problem solving tailored to each project's specific needs. We are well equipped with the expertise and resources to handle projects of all sizes, yet not so large that you lose the personal touch. 