Jason King joined The Laubacher Company in 2008 in its work to expand affordable housing. With Mark Laubacher, Jason has secured financing for affordable projects utilizing public and private sources for debt, equity, and grants. These include 9% LIHTC, 4% LIHTC/Tax-Exempt Bonds, HUD and USDA loan guarantees, HOME, Trust Fund, AHP, and DCEO grants.
Prior to financing, Jason has located properties and secured all required zoning for affordable projects. In this process, Jason has worked with and educated local officials and stakeholders, the architect, general contractor, and other members of the development team.
Following the close of financing, Jason has directed the construction draw process, leading the efforts of the general contractor, lender, tax credit syndicators, title companies, and federal and state agencies. Some deals were the first of their kind in the combination of financing sources being used, requiring intensive coordination and education among the different entities.
Jason has also worked with owners of existing affordable product on meeting financing obligations, overall management, and long-term strategy. Jason has assisted these owners with refinancing or in the sale of assets, preparing extensive bid packages, coordinating site tours and responding to all questions and bids of the potential purchasers.
Jason came to The Laubacher Company following positions with Newcastle Limited, the City of Chicago Department of Housing, and two Michigan real estate consulting firms. Jason held numerous roles in these positions, serving as director of planning and zoning for communities, consultant to developers of new real estate projects, and advisor and researcher on new multifamily acquisitions and affordable programs.
Jason received a Master of Business Administration from the University of Chicago Booth School of Business, a Master of Public Policy from the University of Chicago Harris School, and a Bachelor of Urban and Regional Planning from Michigan State University. Jason serves on the Thresholds Associates Board and was a “big” with Big Brothers Big Sisters for many years. When he isn’t enjoying his Lincoln Square neighborhood with his wife and son, Jason is a (very) amateur painter.