To Understand a Growing Organization: Greater Miami Neighborhoods Harvard Case Solution & Analysis

This study examines the factors that play an important role in analyzing the health and sustainability of the project in a growing non-profit housing company with several areas of the program. The new loan officer in a community development financial institution has to decide whether to recommend approval of the Greater Miami Neighborhoods (GMN) to finance the construction of mixed-income condo building in downtown Miami. GMN has recently become the largest non-profit developer and owner of affordable housing in Florida, the fifty-eight branches and affiliated entities responsible for the development, conservation and management of more than 6,000 units of low-rent and for-sale homes. It has grown by taking on new and remote real projects, including real estate Lighthouse Bay, 1,100 apartment complex in Jacksonville, Florida, and the acquisition of its own property management and construction companies. But the organization also experienced several setbacks, including the denial of the final round of a major loan from the MacArthur Foundation. It's up to an inexperienced officer and credit readers example, to find ways to assess the situation and decide whether GMN just experiencing growing pains or more serious organizational disease. HKS Case Number 1922.0 "Hide
by Alexander von Hoffman, 13 pages. Publication date: April 02, 2010. Prod. #: HKS122-PDF-ENG

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