Founded in 1980, David Paul Rosen & Associates (DRA) is a nationally recognized public interest consulting firm with offices in Oakland and Irvine, California. DRA consultants specialize in financial and development advisory services for affordable housing, market rate housing, redevelopment and local economic development. DRA has a track record of success and innovation in program and investment design, finance, underwriting, due diligence, project development and asset management. We have pioneered finance and public policy initiatives in affordable housing, redevelopment, small business, economic development, banking, asset management, insurance, and urban planning. Our clients include federal, state, and local government agencies, government-sponsored enterprises, non-profit and for-profit developers, corporations, institutional investors, foundations, professional associations and research organizations.
DRA Principals have served as development and financial advisors on more than $6 billion in financing for affordable housing and commercial development. DRA has raised more than $200 million in equity capital and negotiated lending commitments in excess of $1 billion for our clients. We have represented clients in 39 states and more than 170 cities and counties.
DRA’s work is marked by strategic insight, innovation, sophisticated market, and economic and financial analysis of the highest quality. We apply our interdisciplinary skills to determine the best solutions to the complex problems our clients face. We excel in developing consensus among diverse constituencies for solutions to difficult issues.
We have a proven track record of success and distinguished achievement
in innovative investment and financial advisory services for public, private
and nonprofit sectors. Throughout our long history, we have maintained a clear
focus on increasing capital access for affordable housing, economic and community
development, and neighborhood revitalization.


