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Home rendering The Quad States Companies operate as fully integrated businesses created to design, construct, manage and market quality affordable housing throughout the southeast and parts of the southwestern United States. Under the direction of Dale Lancaster, founding principal and general partner, the Companies develop housing for rent and purchase through the utilization of state and federal housing programs as well as conventional debt mechanisms. The core product of the Companies is the development of single family subdivisions of between 40 to 100 homes financed and constructed using the Federal Low-Income Housing Tax Credit (LIHTC) program as authorized under Section 42 of the Internal Revenue Code of 1986. In addition, each of the Quad States Companies offers affordable housing expertise on a consulting basis (or as participants in joint ventures) in the areas of packaging and/or managing deals; sourcing and securing of funds; designing and building properties; and advising on state agency and local government relations.