We specialize in developing, planning, financing, and implementing transformative affordable housing developments throughout the mid-western and southern regions of the United States. We cultivate partnerships with communities, working together to achieve local community development goals through our focus on the preservation and re-positioning of existing affordable housing—and the development of new affordable and mixed-income housing for families and seniors. The Bywater Team possesses a wide range of experience, talent, and dedication in all aspects of the affordable housing development industry. Utilizing our skills in structured finance, project planning, construction oversight, and asset management—along with a diligent work ethic—we strive to undertake developments that become real assets to the communities in which they are located.
Over the course of David’s 30+ year career in affordable housing and community development, he has worked in the non-profit and private sectors, and has acted as a development, financing, or program consultant to a variety of non-profit, for-profit, and governmental entities, including local CDCs, private developers, municipal and county governments, financial institutions, and investor groups. During the 11 years prior to starting Bywater, David was the Deputy Director and Chief Operating Officer of Regional Housing & Community Development Alliance, the St. Louis Region’s premier non-profit community development and technical assistance organization. In this role, David led the organization’s strategic planning, managed the professional staff, and oversaw the development and operation of $150 million in redevelopment in the St. Louis region. David has worked on affordable housing developments in Missouri, Illinois, Kansas, Nebraska, Texas, Louisiana, Indiana, Oklahoma, Tennessee, Wisconsin, and Kentucky.- contact David Dodson
Aaron is one of the founding members of Bywater Development Group. Aaron possesses 15 years’ experience in housing and community development, with special expertise in structured finance. Aaron has substantial experience utilizing Affordable Housing Tax Credits, Historic Rehabilitation Tax Credits, and a variety of other federal, state, and local funding sources, including a variety of state tax credits, Community Development Block Grant, and HOME Investment Partnership Program funds. He has been involved in the successful development of over 400 high quality apartments and homes. Through his experience Aaron brings to Bywater a proven ability to work in partnership and collaboration with a wide range of development partners including non-profits, for-profits and governmental entities. This experience helps the organization in planning, financing and implementing positive and transformative developments.- contact Aaron Burnett
We are passionate about our work
We focus on listening, and a collaborative and inclusionary approach.
We creatively utilize structured finance and other tools to address community goals.
We provide leadership in sustainable, walkable, asset-based development.
Bywater offers cultivation of high-performing teams that include local professionals.
We specialize in information and data-driven analysis and decision-making.
We aim for achievement of outcomes that make communities demonstrably better.
Community input & engagement
Debt & equity negotiation
Design review & quality assurance
Development team management
Due diligence & financial closings
Financial analysis & structuring
Funding application preparation
Historic preservation & adaptive reuse
Leveraging public resources
Neighborhood revitalization planning
Ongoing asset management
Partnering & collaboration
Private equity & debt finance
Real estate acquisition
Repositioning troubled properties
Tax credit & public finance