Jeffrey B. Carroll is President of Allen & Associates Consulting. Since 2000, Mr. Carroll has completed over 2650 development consulting assignments in 46 states. Major projects include:
Development Consulting: Bond-Financed New Construction – Retained to manage the development of a 140-unit bond-financed townhome community. Responsible for all aspects of the proposed $15 million development including project design, zoning, site plan approval, and identification of debt and equity sources for the project.
Disposition Study: Tax Credit Renovation – Assisted in the disposition of a 134-unit subsidized apartment community. Developed a comprehensive renovation plan and arranged the sale to another party willing to rehabilitate the property with low-income housing tax credits. The owner was initially prepared to sell the property for $2 million; our efforts brought them $5 million.
Development Consulting: Historic Tax Credit Adaptive Reuse – Assisted in putting together the redevelopment plan for a historic school building. The property, originally constructed in 1935, was subsequently renovated into 14 apartment units with a combination of historic and low-income housing tax credits. Our efforts helped breathe new life into the historic building.
Mr. Carroll is a certified general appraiser, licensed to appraise real estate in the states of Alabama, Delaware, Georgia, Kentucky, North Carolina, South Carolina, Tennessee, Texas, Virginia and West Virginia. Mr. Carroll, an associate member of the Appraisal Institute, is currently completing the requirements necessary to obtain the MAI designation.
Mr. Carroll is a former peer-reviewed member of the National Council of Affordable Housing Market Analysts, where he served on the Executive Committee and chaired the Data and Ethics Committees. In addition, Mr. Carroll has also served as a market study reviewer for the Georgia and Michigan housing finance agencies.
Mr. Carroll has written articles on affordable housing, development, property management, market feasibility, and financial analysis for Urban Land magazine, The Journal of Property Management, Community Management magazine, Merchandiser magazine, HousingThink, and a publication of the Texas A&M Real Estate Research Center known as Terra Grande.
Mr. Carroll has conducted seminars on affordable housing, development, property management, market feasibility, and financial analysis for the American Planning Association, Community Management magazine, the Georgia Department of Community Affairs, the Manufactured Housing Institute, the National Association of State and Local Equity Funds, the Virginia Community Development Corporation, and the National Council of Affordable Housing Market Analysts.
Mr. Carroll is also an experienced developer and property manager. His experience includes the development of tax credit apartment communities, conventional market rate apartments, manufactured home communities, and single family subdivisions. He has also managed a portfolio of apartment complexes and manufactured home communities.
Mr. Carroll received his Bachelor’s Degree in Engineering from Clemson University and his Master’s Degree in Business Administration from Harvard University.
Mr. Carroll, who was awarded a scholarship on the Clemson University varsity wrestling team, has served as an assistant coach for a local high school wrestling team. Mr. Carroll resides in Charlotte, North Carolina with his wife Becky and his two children, Luke and Brittany.