domusd horizontal logo

CREATING EXTRAORDINARY HOMES, BUILDING STRONG COMMUNITIES

At Domus we have spent more than a decade creating and preserving affordable housing and innovative infill mixed-use projects. Since inception, Domus Development has developed into one of the best affordable development firms specializing in urban in-fill developments in the East Bay, Los Angeles, and Sacramento regions of California. Domus Development also has many award winning projects including a national EPA award winner in La Valentina in Sacramento, California. Our triple bottom line approach ensures that we create communities that are environmentally sustainable, socially responsible, and economically viable. Our vertically-oriented team manages all aspects of development, construction, and management. With offices in the Midwest, Southwest, and West Coast, our development team has experience and expertise that is place-based and responsive.

Expertise

Domus has the expertise in-house to structure and execute complex deals, and our development partners include the industry’s most knowledgeable professionals. We are an efficient, vertically-integrated operation with expertise in development, design, financing, syndication, construction, property management, and asset management. Since inception, Domus has built a portfolio of over 1,000 dwelling units and leveraged over $1.125 billion in syndication. To see a list of our projects, click portfolio.

Key Personnel

Maurice Ramirez is the President of Domus Development. Mr. Ramirez began his career in construction management before adding decades of finance/development experience in the non-profit and for-profit sectors, including through major public-private renovation and development projects in the Los Angeles region. His substantive knowledge of intricate local and state financing mechanisms, along with experience in the development and construction processes, gives him unique strengths.

Monique R. Hastings is a founding partner of Domus. Ms. Hastings has extensive experience in the equity investment and asset management sectors of project development. Acting from the investor’s perspective, Ms. Hastings helps Domus structure deals efficiently while providing essential due diligence and contract review capabilities during the acquisition and finance phases.

Overall Funding Sources Secured

  • AHP
  • AHSC – Affordable Housing & Sustainable Communities (Cap and Trade)
  • County Funds
  • City Funds
  • Federal Neighborhood Stabilization Program
  • HCD – Multifamily Housing Program
  • HCD – Prop 1C Infill Infrastructure Grants
  • Historic Tax Credits
  • State HOME Funds
  • Tax-Exempt Bonds
  • Tax Credit Equity
  • USDA

Innovation

Each of our projects is unique; design and development decisions are made after evaluating the individual needs of each site and its surrounding neighborhood. Using this approach, we are able to create projects that not only serve the needs of our residents, but also act as a catalyst in revitalizing neighborhoods. Domus is highly skilled in complex financial layering and has a demonstrated track record of securing highly-competitive funding sources. We have expertise in utilizing ground leases, air rights, mixed-use and mixed-income properties.

Efficiency

One key to Domus’ success is that we are a small, nimble firm. Domus retains experienced in-house staff that can manage the development process from project conception through completion. We have been recruited to respond to eyesores in several jurisdictions because we can act quickly on funding opportunities.

Accuracy

Domus was formed in 2003 by principals with more than two decades of experience acquiring, developing, and financing multifamily residential developments. Although we are a boutique operation, our development team members have decades of experience utilizing a wide array of public and private financing tools. Domus has the expertise in-house to structure and execute complex deals, and our development partners include the industry’s most knowledgeable professionals.