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Kretchmer Associates

Kretchmer Associates

  • About Us
    • Our Process
    • Our Team
  • Services
    • Affordable Housing
    • Market-Rate Residential
    • Senior Housing
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Affordable Housing

Recommendations that help you secure tax credits and other financing – and obtain municipal approvals.

Affordable housing projects face unique challenges when it comes to financing and approvals. Whether it’s establishing a local need, determining unit mix, or meeting the scoring criteria for Low-Income Housing Tax Credits (LIHTC), our feasibility analyses and market studies help you overcome them.

Kretchmer Associates has the National Council of Housing Market Analysts’ Professional Designation and is approved in Illinois, Indiana, and Wisconsin to prepare market studies for developers applying for LIHTCs and other state financing. Our market studies have an excellent track record getting high scores, as reflected by our reputation with state housing finance agencies.

We have completed affordable housing market assessments and full studies in more than 150 municipalities across the Midwest, including those for family, senior, and special needs populations. In fact, we’re the authority on affordable assisted living, having completed more market studies than any other consultancy.

Featured Projects

  • Woodridge Horizon

    Woodridge Horizon – Woodridge, IL Learn how we helped the Village and developer apply for and receive tax credits for senior housing. Learn More

  • North 30th Street Transformation Plan – Omaha, NE Read how we helped with an application for a HUD Choice Neighborhoods Implementation grant in Omaha. Learn More

  • Villas Of Lake In The Hills

    The Villas of Lake in the Hills – Lake in the Hills, IL Find out how our market study helped developer DKI obtain tax credits for affordable housing in The Villas of Lake in the Hills. Learn More

Erik Cooper

We love working with Kretchmer Associates. They’re incredibly thorough in their research and good at communicating with us as the client. We know we can put trust in their work, and as developers, nothing is more important.

Erik Cooper
Community Reinvestment Foundation

Darrin Jolas

Without a doubt, the success we have experienced in developing our affordable assisted living platform is in no small measure attributable to Kretchmer Associates. Their market analysis on a state-wide level guided us to certain markets, while their insights into particular sites helped define our success. We are working to develop our tenth Silver Birch Living community in the State of Indiana. Valerie and her team are directly linked to that progress.

Darrin Jolas
Vermilion Development

Dan Kotcher

Kretchmer Associates has been our “go to” firm throughout my more than 25 years as a developer of affordable housing for the simple reason that I know I can always rely on Kretchmer Associates to deliver on a timely basis accurate and thoroughly researched market studies that have justifiably earned the respect of lenders and investors. I would never consider using another firm unless I had to.

Dan Kotcher
DKI

Blair Minton

I’ve used Kretchmer Associates for every for-profit and tax credit project that I’ve done in Illinois and Indiana over the past 5 years. Their work isn’t full of the typical ‘fluff’ that others charge for, but instead drills down to exactly what I need to know to design senior projects that work. I highly recommend Kretchmer Associates for any type of senior project, whether independent living, assisted living or memory care.

Blair Minton
Journey Senior Living

Carl Kunda

We can’t stress enough how appreciative we are that Kretchmer Associates came along with all the last-minute changes to the project, and yet still sent us a market study that reads as if the project had been set from day one.

Carl Kunda
Full Circle Communities

Beth Demes

I have worked with Valerie for many, many years and never make a site decision without her expertise. Kretchmer Associates understand market dynamics and how to measure need and demand. They are thoughtful, detail-oriented, and big-picture smart.

Beth Demes
The Alden Foundation

Contact us to discuss your project requirements

Contact Us

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Kretchmer Associates
807 Davis Street #2004
Evanston, Illinois 60201-7103
(847) 864-8895
vsk@kretchmerassociates.com

About Us

Founded in 1985, Kretchmer Associates is a certified WBE with expertise in all aspects of residential, retail, commercial, and industrial real estate analysis in the Chicago metro area and throughout the rest of Illinois, Indiana, Wisconsin, Iowa, Missouri, Kansas, Nebraska, and Minnesota.
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