LIHTC Advisory Services

Practitioner-Led Advisory for Affordable Housing Developers

A decade of hands-on LIHTC development experience — now advising developers, investors, and nonprofits across multiple states. Senior-level capacity without the overhead of a full-time hire.

Experience

10+ Years

QAP Expertise

Multi-Region

Service Lines

4 Practices

What We Do

Advisory Services

Four service lines built on practitioner experience — not academic theory. Every engagement is handled directly by the principal.

01

Development Advisory

Project-level advisory from feasibility through placed-in-service. QAP scoring strategy, financial modeling, and application management.

  • Feasibility & Site Evaluation
  • QAP Strategy & Scoring
  • Capital Stack Structuring
  • Application Owner's Rep
  • Financial Modeling
03

Asset Management Oversight

Fractional AM sitting between the owner and PM company. Active oversight of performance, financials, compliance, and operations.

  • PM Oversight & Accountability
  • Monthly Financial Review
  • LIHTC Compliance Monitoring
  • Site Visits & Inspections
  • Investor / Owner Reporting
04

Nonprofit & Institutional Advisory

Capacity building for nonprofits, CDCs, and housing authorities entering or expanding LIHTC development.

  • Development Readiness Assessment
  • Co-Developer Selection
  • Fractional Development Director
  • Project-Level Support
  • Partnership Negotiation

Multi-Region Coverage

Regional QAP Expertise

Most LIHTC consultants are single-state specialists. We help developers evaluate and compete across regions — identifying the strongest scoring opportunities wherever they are.

We can tell you where your deal scores best before you spend money on predevelopment.

Primary Region

Texas Texas-Adjacent

Additional Coverage

Midwest Southeast

Representative Experience

Selected Project Experience

Anonymized examples of work performed in senior development and asset management roles. Every engagement at Albert Vernon draws from this practitioner experience.

4% Acq/Rehab Midwest

200+ Unit Acquisition/Rehabilitation

Managed financial structuring, construction oversight, and placed-in-service for a layered-financing acq/rehab transaction. Tax-exempt bonds, 4% LIHTC equity, and state soft debt.

Stabilized at 95%+ occupancy within 6 months
9% Competitive Southern Market

New Construction Family Housing

Led application management for competitive 9% allocation. QAP scoring analysis, consultant team coordination, financial exhibits, and community engagement strategy.

Awarded credits in competitive round
Asset Management Multi-State

LIHTC Portfolio Oversight

PM oversight, financial review, compliance monitoring, and investor reporting for a portfolio of LIHTC properties across multiple states spanning new to aging assets.

Maintained 94%+ portfolio-wide occupancy
Lease-Up Sunbelt

New Construction Stabilization

Managed construction-to-operations transition including unit acceptance, lease-up strategy, income qualification oversight, and 8609 documentation to the state HFA.

Stabilized on schedule with full credit delivery
10+ Years in LIHTC
4% & 9% Tax Credits
Multi Region Coverage

Programs

4% LIHTC · 9% LIHTC · Tax-Exempt Bonds · HUD · HOME · HTF · CDBG · State & Local

Prior Roles

Senior Development Manager, JES Dev Co

Senior Development Associate, Dominium

Education

BS Finance, Northeastern University

Principal

Dylan Klopp

Dylan Klopp brings 10+ years of hands-on experience in affordable housing development and asset management. Prior to founding Albert Vernon, he served as Senior Development Manager at JES Dev Co and Senior Development Associate at Dominium — two of the largest affordable housing developers in the country.

His experience spans the full development lifecycle: site sourcing, underwriting, tax credit applications, debt and equity closings, construction oversight, lease-up, and long-term asset management. He has closed 4% and 9% LIHTC transactions across the Midwest, Southeast, and Texas, with additional pursuit and site-control experience in adjacent markets.

Klopp founded Albert Vernon to provide the kind of advisory support he saw developers, investors, and nonprofits consistently needing — experienced, principal-level capacity without the cost of a full-time hire. Every engagement is handled directly by Klopp, drawing on practitioner experience across the full LIHTC lifecycle.

Klopp is a graduate of Northeastern University and serves as Vice Chairman on the Board of MY Credit Union.

Why Albert Vernon

What Sets Us Apart

Practitioner, Not Academic

We've sourced sites, structured deals, closed financings, managed construction, and stabilized assets. That experience shows in our work.

Multi-Region QAP Fluency

Cross-regional QAP analysis. We know where deals score well and where they don't — before you commit capital to predevelopment.

Both Sides of the Deal

Development and asset management experience means problems get caught earlier and solved faster. Most advisors know only one side.

Direct Principal Engagement

No junior analysts. No handoffs. Senior-level capacity on every engagement, handled directly by the founder.

Common Questions

Frequently Asked Questions

We work with LIHTC developers (small to mid-size, out-of-state, and those at application caps), passive investors and syndicators who need portfolio oversight, and nonprofits and CDCs building development capacity. Our clients share a common need: experienced, principal-level LIHTC expertise without the overhead of a full-time hire.

Three things set us apart: (1) practitioner experience — our principal has actually closed deals, not just advised on them; (2) multi-region QAP expertise, so we can help you compete wherever opportunities are strongest; and (3) direct principal engagement on every project — no junior staff, no handoffs.

Our active focus is Texas and adjacent markets, with additional QAP and financial-parameter analysis completed across selected Midwest and Southeast markets. We engage where deals score competitively and the underlying fundamentals support long-term performance.

We offer flexible engagement models: flat project fees for defined deliverables (feasibility studies, QAP analysis, financial models), monthly retainers for ongoing support (site sourcing, AM oversight), and phase-based billing for larger engagements like application management. We start with a complimentary introductory call to understand your needs and propose a tailored scope.

Engagements are scoped individually based on need, complexity, and timeline. After an initial conversation, we provide a clear fee proposal — whether that's a flat project fee, monthly retainer, or phased structure — before any work begins. There are no surprise costs, and the introductory call is complimentary.

Albert Vernon's primary focus is advisory services. Our principal has extensive development experience, which is what makes the advisory work credible and practical. If a consulting relationship evolves into a co-development opportunity, we address conflicts transparently — including right-of-first-refusal provisions and geographic separation where appropriate.

Get Started

Schedule a Conversation

Tell us about your project, your portfolio, or your development objectives. We'll schedule a complimentary 30-minute introductory call to assess fit and discuss how we can help.

Dylan Klopp, Principal

dylan.klopp@albertvernon.com · 214.960.2750

Location

Dallas, Texas