Valerie S. Kretchmer
Associates

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.

VSKA 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

    Alden Foundation Senior Housing Tax Credits – Woodridge, ILLearn how we helped the Village and developer apply for and receive tax credits for senior housing. Learn More

  • City of Omaha Market StudyRead how we helped with an application for a HUD Choice Neighborhoods Implementation grant in Omaha. Learn More

  • Villas Of Lake In The Hills

    DKI Inc Affordable HousingFind out how our market study helped developer DKI Inc obtain tax credits for affordable housing in The Villas of Lake in the Hills. Learn More

I’ve used VSKA for every for-profit and tax credit project that I’ve done in Illinois and Indiana over the past 5 years. Her 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 VSKA for any type of senior project, whether independent living, assisted living or memory care.

Blair Minton
Journey Senior Living

We can’t stress enough how appreciative we are that you 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 1.

Carl Kunda
Full Circle Communities

We love working with VSKA. 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

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

Beth Demes
The Alden Foundation

Without a doubt, the success we have experienced in developing our affordable assisted living platform is in no small measure attributable to VSKA. 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

VSKA 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 VSKA 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, Inc.

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