What is Devine & Gong?
Established in 1985, Devine & Gong (DGI) has cultivated over three decades of expertise in affordable housing finance and development consulting. The company focuses on creating impactful affordable housing projects for low and very low-income households, leveraging more than 100 years of collective experience among its team. DGI's significant footprint includes involvement in over 50 projects across the Greater Bay Area, contributing to more than 5,500 units of affordable housing. Their comprehensive services encompass financial feasibility analysis, environmental report reviews, and partnership agreement evaluations, positioning them as a key player in the development finance sector.
How much funding has Devine & Gong raised?
Devine & Gong has raised a total of $139K across 1 funding round:
Debt
$139K
Debt (2021): $139K with participation from PPP
What's next for Devine & Gong?
The recent large-scale, late-stage funding, characterized as a major strategic investment, signals a period of significant growth and potential expansion for Devine & Gong. This capital infusion is likely to bolster their capacity to undertake larger projects, enhance their development consulting services, and potentially explore new markets or innovative financing models for affordable housing. The company's continued focus on sustainable communities and its proven track record in the Greater Bay Area suggest a strategic direction aimed at deepening its impact and solidifying its leadership in the affordable housing finance landscape.
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