Hubbard Development Co., LLC

Founded: 2002 Ownership: Daniel Hubbard Headquarters: Indiana Hubbard Development Co., LLC is a trusted leader in affordable housing development, with a legacy of over 25 years of industry expertise. Initially established as Merritt and Hubbard Development, the company was rebranded following Daniel Hubbard's acquisition in 2006. Hubbard Development specializes in the creation, financing, planning, management, and coordination of housing and community assets, ensuring successful project outcomes that meet the diverse needs of communities. The company focuses on developing low, moderate, and market-rate housing, either independently or through strategic partnerships with like-minded developers. Primarily serving Indiana and its neighboring states, Hubbard Development is committed to delivering high-quality housing solutions that address critical community needs. Key Achievements: Successfully completed 8 major projects, delivering 800 affordable housing units across Indiana. Managed project costs exceeding $100 million. Generated approximately $60 million in equity through the sale of $3.5 million in Low-Income Housing Tax Credits (LIHTC). Secured over $10 million in soft funds and $18 million in construction financing. Closed more than $40 million in permanent financing. Beyond its development projects, Hubbard Development offers consulting services to support housing initiatives in Indianapolis, across Indiana, and in cities such as Atlanta, Georgia, and Foley, Alabama. With a proven track record and a steadfast commitment to excellence, Hubbard Development continues to play a pivotal role in addressing affordable housing challenges across the region.