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Alaska Housing Operators With Development Discipline

2014
Founded
1,000+
LIHTC Units Delivered
5
Alaska Regions Served
10
Communities Managed

What Drives Us

OUR PRINCIPLES

Owner-Operator Discipline

We own what we manage. The same team that underwrites a deal, closes the financing, and oversees construction is still the one signing the vendor contracts and reviewing resident concerns — so every decision holds up over the life of the property.

Alaska-First Operations

Alaska isn’t a regional market — it’s a logistics problem. Weather, distance, seasonal vendor availability, and island freight shape every maintenance plan and capital schedule we build. We run each community with those realities priced in.

LIHTC & HUD Expertise

Over 1,000 Low-Income Housing Tax Credit units delivered across Alaska since 1999. Glenn leads development, finance, and underwriting; John leads operations, resident experience, and LIHTC/HUD compliance — the same two people, from day one.

OUR STORY

Built by the People Who Still Run the Work

Momentum brings together decades of Alaska real estate, affordable housing, finance, and development experience across LIHTC communities, market-rate housing, commercial projects, nonprofit partnerships, and long-term property operations.

The Founders Are Still on the Job

Glenn Gellert and John McGrew bring hands-on experience in LIHTC development, banking, finance, affordable housing, land, residential, multi-family, commercial development, and nonprofit housing partnerships.

Glenn Gellert

Glenn Gellert

Glenn has developed more than 1,000 LIHTC units, primarily in Alaska, along with subdivision land development and commercial work.

Co-Founder · Development & Finance
John McGrew

John McGrew

John brings 40+ years across banking, finance, affordable housing, land, residential, multi-family, and commercial development, including work with nonprofit organizations.

Co-Founder · Operations & Compliance

See How We Operate a Community

Every Momentum community is built on long-term relationships with residents, investors, and the Alaska towns we call home. Come see one.