Description
All data of this company will be available for download on 16.05.2025.MDG Design & Construction is a leading affordable housing-only contracting and development firm specializing in the rehabilitation and new construction of affordable residential apartment buildings. Since 1988, MDG has completed over 980 buildings, 23,500 units, and invested over $3.9 billion in NYC's underserved communities – all affordable housing – and has completed 46 Low-Income Housing Tax Credit (LIHTC) projects, totaling more than 10,000 units. Currently, MDG has over $10 billion and over 6,500 affordable housing units in predevelopment; four projects in construction with 2,300+ historic tax credit units; and three projects in design/development with 2,700+ historic tax credit units, including NYS Housing Finance Authority's first historic lease pass through deal. MDG combines the experience of many decades of affordable housing development and construction with the nimbleness, flexibility, ease of decision making, and motivation of a tightly held owner-operated business. Michael Rooney Sr. and Nicola DeAcetis, the founders of MDG, have been and continue to be involved in every single project, along with CEO Matthew Rooney, bringing their expertise and leadership to the development team.Because of the direct ownership and involvement of the MDG principals, we are always focused on the extreme long-term across all elements of a project, our reputation, and our relationships. As a for-profit firm with a “double bottom line,” the success of MDG is evidence that doing the right thing by our partners and our residents is also the right business decision.