Grass Roots Construction LLC is a full service construction company focusing on residential new home developments and existing home rehabilitation.
The company was formed with individuals partnering together to combine over forty five years of experience in construction and development. The synergy created from their individual experience and expertise in construction and creation of affordable housing has imbued our developments with inspiration and energy.
Learn more about our team's talent and experience:
Jim Petty
Jim C. Petty, CPA, CGMA is a member/owner of Strategic Realty Management Inc. Jim has over 30 years of experience in the affordable housing industry. His responsibilities in the various positions held ranged from overseeing the entire development process (new construction and acquisition rehab) to establishing and supervising an asset management and compliance department for a large regional housing/tax credit developer. Some of his other responsibilities included underwriting prospective developments, feasibility analysis, tax credit/tax exempt bond application completion, carryover/10% test, construction liaison (owner & development representative), cost certification, 8609/Final Allocation, lender/syndicator closing management and numerous other “hands on” and supervisory roles. Some of the various programs he has been involved with are Section 42 LIHTC, Tax Exempt Bond, HOME, Federal Home Loan Bank CIP and AHP funds, Rural Development 515 Loans, Rural Development 538 Loans, HUD Section 8 Development and others. Jim was the founder of Strategic Realty Developers, Inc and Strategic Realty Advisors, Inc and since 2007 has successfully developed affordable housing communities in Arkansas and Oklahoma both as owner and as a consultant for several not-for-profit organizations. In addition, Jim has completed the Design & Construction Training with the Arkansas Fair Housing Commission in 2024.
Brent Lacefield is a member/owner of Strategic Realty Management Inc. Brent has over 20 years of experience in the affordable housing industry. His responsibilities include assisting on applications in bond and competitive tax credit cycles, creating financial models, reviewing financial statements, researching available development areas, exploring sources of financing, negotiating finance terms, assisting in raising equity, and aiding in closing $178 million tax exempt bonds. Brent is the construction liaison (owner & development representative) for all deals with Strategic Realty Developers, Inc and has successfully developed affordable housing communities in Arkansas and Oklahoma. In addition, Brent has completed the Design & Construction Training with the Arkansas Fair Housing Commission in 2024.
Brent Lacefield
Tom Hawkins
Tom Hawkins is a Job Superintendent of Grass Roots Construction LLC. Tom has over 30 years of experience in the residential and commercial building industry. His responsibilities have included new construction and remodeling of projects, bidding/estimating, budgeting, cost control, form building, framing, trim carpentry, and subcontractor/crew supervision.
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