THE HENSON DEVELOPMENT COMPANY, INC. (THC), a 100% family owned and operated minority-owned business enterprise, is a fully integrated real estate developer, consultant and program manager based in Baltimore, Maryland.
The president and founder of THC is Dan Henson, a successful developer who has a distinguished private and public sector career in housing. Founded in 2000, the company is committed to providing full service real estate development services in urban and progressive communities.
THC has had particularly detailed experience with re-energizing former public housing developments into mixed-income, mixed-use communities for more sustainable and stable communities, offering a comprehensive vehicle to revitalize neighborhoods that nurture and support an improved quality of life for the families who reside there.
THC has worked on or is currently working on real estate development projects totaling over $600 Million – 3,000 units in Baltimore, Maryland, Washington, D.C. and Florida. Additionally, THC serves as a consultant on numerous assignments across the country.
THC’s projects demonstrate its tremendous capacity and track record for successful large-scale residential and mixed-use developments, including public/private partnerships and privatization initiatives for public housing authorities. The firm specializes in creating state-of-the art mixed income communities with market rate and affordable homes sharing the same quality materials, furnishings and construction techniques. THC excels in structuring and obtaining sophisticated mixed financing that include LIHTCs, bonds, HOPE VI funds, municipal funds, developer equity and other private and public sources.
The firm’s vast portfolio includes low-to-moderate income rental and market rate homeownership units, elderly housing, garden and high-rise facilities, and townhouses.
Our staff has extensive experience in managing physical development challenges. We are sensitive to the need to meld physical needs to neighborhood’s, resident’s and a city’s needs. We believe that the key to the success of development is collaborative partnerships, creative financing, real resident and community participation, quality management, and experienced professionals. We combine innovative thinking with extensive experience-national and local. Our past performance reflects the solid planning, design, development, financing, construction and marketing/sales know-how we bring to the mixed income housing development process.
Henson has been recognized with awards for many of its multi-family projects, including the 2006 DCHFA 6th Annual Affordable Housing Development Award of Excellence-Notable Nonprofit Housing Developer, Tenants, and Local Church Form Winning Partnership for the rehabilitation of Golden Rule Apartments, 2014 Green Housing First Award for Fells Point Station, 2015 Best of Tampa Award for The Oaks at Riverview HOPE VI in Tampa, Florida, and most recently the 2019 Vision Award from the Committee of 100 on the Federal City.
The THC Team has worked extensively with federal, state and local agencies and housing authorities to finance affordable and mixed-income housing. Our background also includes commercial, mixed use and market rate residential financing. Thanks to THCs excellent track record, reputation for completing projects and longstanding relationships with area lending institutions and private investors, we have access to acquisition, construction, bridge and permanent financing of large scale projects.
Our financing techniques are designed to make the most effective use of public funds while providing a fair return on investment. Staff members are pioneers in structuring complex multi-source financing transactions using private and public sector funds, bonds, Low Income Housing Tax Credits (LIHTC), Choice Neighborhood Funds and other complicated resources.