ETC Companies, LLC was founded in 2003, an offshoot of a highly successful construction company that has been in business for two generations. From the outset, ETC has focused their efforts on the rehabilitation and new construction of large multi-family affordable housing complexes.
As many of these projects receive affordable housing tax credits pursuant to the Internal Revenue Code, tight deadlines are the standard, regardless of the projects size. The constant exposure to these time sensitive projects has allowed ETC to develop an expertise in tenant in place rehabilitations and new construction affordable housing initiatives unrivaled in the industry. ETC’s ability to successfully manage a project efficiently without sacrificing quality is one of the primary reasons ETC has been able to maintain a loyal and consistent customer base. This is evidenced by the positive testimonials provided by many of ETC’s customers. To date, no project has ever been delivered outside of the required time-frame.
ETC not only prides itself on timely project delivery and high quality construction, but on improving the economic conditions of the surrounding community and environment as well. On most projects, ETC will hire local Minority/Woman Owned Businesses along with residents of the city in which the project takes place. At the end of each project, ETC is delighted that it has played a role in helping to fulfill the essential housing needs of the surrounding area.
Additionally, ETC is aware that in order for affordable housing initiatives to garner success, they have to be financially feasible for owners 10, 15, even 30 years down the road. As such, ETC places an emphasis on continuing to grow with the Green Revolution. Energy efficient Low E windows, Energy Star rated light fixtures and appliances, high efficient boiler system upgrades and a complete value engineering analysis are just some of the ways ETC assists owners in lowering operating and capital costs long after the job site has been turned over.
ETC and its owners have been able to grow this business by delivering a high quality finished product, on time, year after year. Over this period, ETC has strengthened its surety and bonding relationships, and is currently bonded by Zurich American Insurance Company, one of the most respected bonding company’s in the industry. They currently have an A.M. Best rating of A+ XV. ETC currently maintains a bonding capacity of $100 million per project with a $200 million aggregate. ETC also upholds contractor licenses in many states, including but not limited to New York, New Jersey, Georgia, Michigan, Florida, Virginia, Tennessee, Delaware, North Carolina, Maryland and Connecticut.