Millennia Development Inc.

Real EstateCalifornia, United States2-10 Employees

Millennia Development Inc. was established in 2005. Its founding members have over 30 years of experience in property management, asset management in conventional, HUD and commercial markets.

Since its inception, this firm has dedicated its services to the management of residential buildings for low and very low-income individuals.  The company presently has ten non-profit corporations among its clients.  Eighty percent (80%) of the management inventory is for low and very low-income families living under poverty line incomes.

The territories and major cities covered by the firm are the Los Angeles County, San Bernardino County, Kern County, Imperial County, Stanislaus County and Nacogdoches, TX. 

SERVICES:

Real Estate Development
 •	Affordable Housing 
•	Low Income Housing Tax Credits 
•	Tax Exempt Bonds
•	Investor/Limited Partner Selection
•	Formation of Limited Partnership
•	Agreement Negotiation & Execution
•	Rehabilitation Advice 
•	Insurance Coverage
•	Assembly of Contracts, Agreements, Records and Data
	
Property Management
•	Tenant Screening
•	Maintenance and Repairs
•	Rent Collection
•	Vacancy & Eviction Process
•	Marketing & Advertising
•	Accounts Payable
•	Inspections 

Asset Management
•	Analysis of Financial Performance
•	Budget Control
•	Accounts Payable
•	Reduction of Expenses

Construction
•	Budget Management
•	Administration of Contracts
•	Contractor, Subcontractor & Supplier Recommendations
•	Government Permits & Approvals
•	Project Consultation & Advice

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