Loren Brueggemann, Principal & Co-Director of Development

With over 30 years of award-winning developments and $400,000,000 worth of urban improvements to his credit, Loren has earned a national reputation as a first-rate developer with a big heart. His development company has truly done it all: from single- and multi-family housing to institutional housing, commercial real estate, and mixed-use development.

For the last twelve years, Loren has dedicated himself to developing affordable housing, emphasizing its use as a tool for reinvigorating neighborhoods. An innovator in the use of multi-source financing mechanisms, Loren knows how to layer resources to achieve community development and redevelopment goals.

Loren has worked with HUD and other agencies through the following programs:

  • Community Development Block Grant (CDBG)
  • Neighborhood Stabilization Program (NSP)
  • Tax Increment Financing
  • New Markets Tax Credits
  • Tax Exempt Bonds
  • HUD 221 D4 and 223F loan programs
  • CRA Driven Mortgage Debt
  • 236 Decoupling with IRP strip outs
  • Agency Loans and Grants
  • HOME Funds
  • Recycled CDBG funds
  • 4% and 9% LIHTC (Low Income Housing Tax Credit)
  • Cleanup grants
  • Sandwich Leases to incorporate any and all of the aforementioned resources.
  • Section 8

"[We] have worked closely with BB Housing Associates . . . and have directly witnessed that quality rehab has been accomplished. BB Housing implements high quality standards as landlord and property manager.”

- Leslie McMurray, Executive Director, Payne Phalen District Five Planning Council, St. Paul, MN