Michaels Development Company has developed in excess of 34,000 housing units in more than 27 states, the District of Columbia and the U.S. Virgin Islands. The firm has overseen $2 billion-plus of new construction and substantial rehabilitation. Michaels Development Company specializes in real estate issues including the areas of land use planning, design, construction, finance and law. The company takes part in many governmental housing projects and has more than 100 communities for lower income families and senior citizens through project-based Section 8 and 70 communities available for working families through the low-income housing tax credit program. MDC was ranked 38 in Multifamily Executive Magazine s Top 50 Multifamily Builders for 2004.