What Lowenstein Development does

Lowenstein Development LLC is a solo affordable housing consulting and development advisory firm founded in June 2015 by Roy Lowenstein and headquartered at 1722 Oak Street, Columbus, Ohio. The firm provides end-to-end consulting services to affordable housing developers, non-profit housing organizations, and local government agencies, with a core focus on Low-Income Housing Tax Credit (LIHTC) applications—both 9% competitive credits and 4%/Bond Gap financed projects—along with grant writing, project feasibility analysis, zoning and community acceptance strategy, financial structuring, joint-venture negotiation, and closing management. The firm does not build or license any proprietary technology; its entire value proposition rests on Roy Lowenstein's 47 years of industry experience, including prior senior roles at Ohio Capital Corporation for Housing, Buckeye Community Hope Foundation, Columbus Housing Partnership, and The Woda Group, and a track record of more than 250 affordable housing projects across family, senior, and special-needs populations.

Name

Lowenstein Development

Legal name

Lowenstein Development LLC

Website

https://lowensteindevelopment.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Lowenstein Development is a Columbus, Ohio-based solo consulting firm founded by Roy Lowenstein providing affordable housing development advisory services—including LIHTC applications, project management, and feasibility analysis—to developers, non-profits, and municipalities primarily in Ohio, Kentucky, and West Virginia.

Ownership category

akta.pro rank

Product category

Affordable Housing Development Consulting

NAICS

Engineering Services (54133)

akta.pro primary industry

Construction Engineering & Constructability Consulting (BPAHAIAN)

Keywords

• Affordable housing consulting
• LIHTC tax credit advisory
• Housing development services
• Project management consulting
• Real estate development advisory

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Consulting Services: Fee-based consulting engagements providing affordable housing development expertise, including tax credit application assistance, project management, financial structuring, and development advisory services to developers, non-profits, and government entities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Lowenstein Development provides consulting services to affordable housing developers, owners, and non-profit organizations, including grant writing for federal, state, and local funding sources, project feasibility analysis, financial spreadsheet development, tax credit application assistance (LIHTC 9% and 4%), zoning approval and community acceptance strategies, project management, design and value engineering, joint venture negotiation, and closing handling with funding sources. The firm is led by Roy Lowenstein, who has 47 years of experience as a developer, consultant, and syndicator on approximately 250 projects.

Product overview

Lowenstein Development offers a single unified consulting service focused on affordable housing development. The primary offering is consulting expertise provided by Roy Lowenstein, who has 47 years of experience as a developer, consultant, and syndicator. Services encompass the full lifecycle of affordable housing projects including grant writing, project management, financial structuring, and training/mentoring.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Housing Development Consulting Services Comprehensive consulting services for affordable housing developers and owners, including grant writing, real estate acquisition, zoning approval, project management, financial feasibility analysis, tax credit application assistance (LIHTC 9% and 4%), joint venture negotiation, design and value engineering, and closing handling with funding sources. Aimed at for-profit developers, non-profit housing organizations, and local government housing agencies in Ohio, Kentucky, and West Virginia.

Quantifiable outcome

• Secured 8 9% tax credit awards and two 100-unit 4% projects with Bond Gap Financing in 8 years of service to Homeport
• +3 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• R4 Capital: Affordable housing advisory and LIHTC syndication firm providing consulting on tax credit applications, financial structuring, and development advisory — directly overlapping with Lowenstein's service portfolio.
• National Development Council (NDC): Nonprofit affordable housing and economic development consulting organization providing project development support, training, and capacity-building services. Comparable on the training/mentoring and project advisory dimensions of Lowenstein's practice.
• Recap Real Estate Advisors: Affordable housing consulting firm advising developers on LIHTC applications, project feasibility, and financial structuring. A boutique peer with service overlap to Lowenstein Development's offerings.
• Boston Financial Investment Management: One of the largest LIHTC syndicators and affordable housing investment managers, providing tax credit equity and advisory services to developers. Highly comparable on the LIHTC/syndication dimension of Roy's expertise.
• The Woda Group: Affordable housing developer and consultant based in Ohio and multiple states. Roy Lowenstein was previously SVP here; Woda does project development and tax credit consulting comparable to Lowenstein Development's core service.
• Buckeye Community Hope Foundation: Ohio-based affordable housing developer and consultant where Roy Lowenstein previously served as VP. Provides consulting on tax credit applications and project development in the same Ohio geography as Lowenstein Development.
• Ohio Capital Corporation for Housing: Ohio-focused affordable housing LIHTC syndicator and development consultant. OCCH is the firm where Roy Lowenstein previously served as VP of Development (1993–2004), making it the most directly comparable peer in terms of service offering, geography, and customer base.

Others

• Homeport: Columbus, OH-based nonprofit affordable housing developer that is a major customer of Lowenstein Development (12 tax credit projects 2016–2023). Listed as a peer because Homeport also engages in development consulting and capacity-building work, and shares the Ohio affordable housing customer base.

Broad incumbents

• Enterprise Community Partners: National nonprofit that provides development consulting, financing, and advisory services across the affordable housing ecosystem. A much larger incumbent offering overlapping capabilities but as part of a national portfolio of programs.
• LISC (Local Initiatives Support Corporation): Major national community development financial institution supporting affordable housing development through consulting, lending, and capacity-building. Overlaps with Lowenstein Development's advisory and training work but at much greater scale and geographic breadth.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights3 records

Customer concentration

• LinkedInlinkedin.com/company/lowenstein-development

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lowenstein Development