Project Experience

San Jose, California

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a national developer on the proposed development of a 132-unit (55 years and older) senior LIHTC project. The study analyzed the local "market-rate" and affordable rental market for low-income units at 30%, 45% and 50% of AMI levels. The study included a site analysis; a detailed survey of "market-rate" and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future affordable projects; and recommendations for appropriate rental and absorption rates.

Norwalk, California

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a national equity syndicator on the proposed acquisition of a 65-unit (55 years and older) senior LIHTC project. The study analyzed the local "market-rate" and affordable rental market for low-income units at 40% of AMI levels. The study included a site analysis; a detailed survey of "market-rate" and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future affordable projects; and recommendations for appropriate rental and absorption rates.

San Francisco, California

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a not-for-profit developer on the proposed rehabilitation of a 151-unit single-room occupancy (SRO) LIHTC project. The study followed the State of California Tax Credit Allocation Committee (TCAC) market study guidelines and analyzed the local "market-rate" and affordable rental market for low-income units at 40%-50% of AMI levels. The study included a site analysis; a detailed survey of "market-rate" and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future affordable projects; and recommendations for appropriate rental and absorption rates.

Danville, California

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a not-for-profit developer on the proposed development of a 74-unit senior (55 years and older) LIHTC project. The study followed the State of California Tax Credit Allocation Committee (TCAC) market study guidelines and analyzed the local "market-rate" and affordable rental market for low-income units at 30%-50% of AMI levels. The study included a site analysis; a detailed survey of "market-rate" and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future affordable projects; and recommendations for appropriate rental and absorption rates.

Signal Hill, California

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a not-for-profit developer on the proposed rehabilitation and development of a 94-unit general occupancy LIHTC project. The study followed the State of California Tax Credit Allocation Committee (TCAC) market study guidelines and analyzed the local "market-rate" and affordable rental market for low-income units at 45%-50% of AMI levels. The study included a site analysis; a detailed survey of "market-rate" and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future affordable projects; and recommendations for appropriate rental and absorption rates.

North Hills, California

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a developer on the proposed development of a 123-unit Special Needs LIHTC project. The study followed the State of California Tax Credit Allocation Committee (TCAC) market study guidelines and analyzed the local "market-rate" and affordable rental market for low-income units at 40%-60% of AMI levels. The study included a site analysis; a detailed survey of "market-rate" and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future affordable projects; and recommendations for appropriate rental and absorption rates.

Hollywood, California

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a developer on the proposed development of a 37-unit Special Needs LIHTC project. The study followed the State of California Tax Credit Allocation Committee (TCAC) market study guidelines and analyzed the local "market-rate" and affordable rental market for low-income units at 40%-60% of AMI levels. The study included a site analysis; a detailed survey of "market-rate" and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future affordable projects; and recommendations for appropriate rental and absorption rates.

San Diego, California

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a equity syndicator on the proposed acquisition and rehabilitation of a 310-unit general occupancy LIHTC project. The study analyzed the local "market-rate" and affordable rental market for low-income units at 50%-60% of AMI levels. The study included a site analysis; a detailed survey of "market-rate" and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future affordable projects; and recommendations for appropriate rental and absorption rates.

Rancho Cucamonga, California

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for an equity syndicator on the proposed development of a 49-unit senior (55 years and older) LIHTC project. The study analyzed the local market-rate and LIHTC rental market to determine the market feasibility and absorption rates for low-restricted units at 35% to 60% of area median income (AMI) levels.

Bell, California

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a non-profit developer applying to CDLAC for 4% tax credits. The new development offered 62-units allocated to senior (55 years and older) with rents at 50% AMI levels. The study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future affordable projects; and recommendations for appropriate rental and absorption rates.

Pomona, California

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a non-profit developer applying to CDLAC for 4% tax credits. The new development offered 174-units allocated to senior (62 years and older) with rents at 45% to 60% AMI levels.

Santa Fe Springs, California

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a non-profit developer applying to CDLAC for 4% tax credits. The new development offered 144-units allocated to senior (62 years and older) with rents at 50% to 60% AMI levels. The study included a site analysis; a detailed survey of senior market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model for seniors; and recommendations for appropriate rental and absorption rates.

Pacific Grove, California

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a non-profit developer applying to TCAC for 9% tax credits. The new development offered 53-units allocated to senior (62 years and older) with rents at 40% to 60% AMI levels. The study included a site analysis; a detailed survey of senior market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model for seniors; and recommendations for appropriate rental and absorption rates.

Oxnard, California

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a non-profit developer applying to TCAC for 9% tax credits. The project included the rehabilitation and conversion of a vacant hospital to a 240-unit senior (62 years and older) LIHTC project with rents at 50% to 60% AMI levels. The study included a site analysis; a detailed survey of senior market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model for seniors; and recommendations for appropriate rental and absorption rates.

Spring Valley, California

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a non-profit developer applying to CDLAC for 4% tax credits. The project included the rehabilitation of an existing market-rate property to a 60-unit family LIHTC project with rents at 50% to 60% AMI levels. The study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; and recommendations for appropriate rental and absorption rates.

Victorville, California

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a non-profit developer applying to TCAC for 9% tax credits. The new development offered 49-units with rents at 45% to 60% AMI levels. The study included a site analysis; a detailed survey of senior market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model for seniors; and recommendations for appropriate rental and absorption rates.

Novato, California

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a developer applying to TCAC for 9% tax credits. The proposed development was planned to offer 72-units as part of a military re-use plan. The proposed rent levels were at 35% to 60% AMI levels. The study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; and recommendations for appropriate rental and absorption rates.

Clearlake, California

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for an equity partner on the proposed development of a 80-unit LIHTC project in a rural area. The study analyzed the local market-rate and tax credit rental market to determine the market feasibility and absorption rates for low-income units at 45% and 60% of AMI levels. Specifically, the study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future low-income projects; and recommendations for appropriate pricing and absorption rates.

Sylmar, California

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a developer applying to TCAC for 9% tax credits. The new development offered 132-units with rents at 50% to 60% AMI levels. The study included a site analysis; a detailed survey of senior market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model for seniors; and recommendations for appropriate rental and absorption rates.

Morgan Hill, California

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a non-profit developer applying to TCAC for 9% tax credits. The new development offered 72-units with rents at 35% to 60% AMI levels. The study included a site analysis; a detailed survey of senior market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model for seniors; and recommendations for appropriate rental and absorption rates.

Anaheim, California

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a non-profit developer applying to TCAC for 9% tax credits. The new development offered 60-units for seniors (62 years and older) with rents at 20% to 60% AMI levels. The project also included 20% units allocated to a Special Needs category "homeless or those at risk for being homeless".

San Francisco, California

Tax Credit Market Feasibility Analysis

Completed a pre-development Market Overview Analysis for a for-profit developer proposing a 130-unit LIHTC project with rents at 50% and 50% AMI. The study was conducted for the developer for "in-house" purposes in order to determine the overall market potential of an affordable housing project in a previously served light-industrial/manufacturing area.

Hawthorne, California

Market Feasibility Study

Performed a Market Feasibility Analysis for a non-profit developer applying for 4% tax-exempt bonds for the proposed $800,000 rehabilitation of a 100-unit general occupancy (family) LIHTC project. The study analyzed the local market-rate and tax credit rental market to determine the market feasibility and absorption rates for low-income 1B, 2B and 3B units at 35% and 60% of AMI levels. The study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future low-income projects; and recommendations for post-rehab rents and absorption rates.

Newport Beach, California

Market Feasibility Study

Performed a Market Feasibility Analysis for a for-profit developer/equity syndicator applying for 4% tax-exempt bonds on the proposed development of a 119-unit senior (55 years and older) LIHTC project. The study analyzed the local market-rate and tax credit rental market to determine the market feasibility and absorption rates for low-income 1B and 2B units at 50% and 60% of AMI levels. The study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future LIHTC projects; and recommendations for appropriate rents and absorption rates.

Chula Vista, California

Market Feasibility Study

Performed a Market Feasibility Analysis for a non-profit developer applying for 9% tax-credits on the proposed development of a 41-unit senior (62 year+) LIHTC project. The study analyzed the local market-rate and LIHTC market to determine the feasibility and absorption for low-income studio & 1B units at 30%-60% of AMI levels. The study included a comprehensive feasibility analysis and recommendations for appropriate rents and absorption rates.

San Francisco, California

Market Feasibility Study

Performed a Market Feasibility Analysis for a non-profit developer applying for 9% tax-credits for the proposed rehabilitation of a 41-unit LIHTC project. The study analyzed the local market-rate and LIHTC rental market to determine the market feasibility and absorption rates for low-income studio and 1B at 30% and 60% of AMI levels. The study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future low-income projects; and recommendations for post-rehab rents and absorption rates.

Aptos, California

Market Feasibility Study

Performed a Market Feasibility Analysis for a non-profit developer applying to TCAC and MHP for financing on the proposed development of a 38-unit LIHTC project. The study analyzed the local market-rate and tax credit rental market to determine the market feasibility and absorption rates for low-income 1B, 2B and 6B units at 50% and 60% of AMI levels. The study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future LIHTC projects; and recommendations for appropriate rents and absorption rates.

East Palo Alto, California

Rental Market Analysis

Performed a Rental Market Analysis for an equity syndicator evaluating the investment feasibility for a LIHTC project that received 9% tax-credits a year earlier. The 32-unit LIHTC project will offer 2B and 3B units at 45% and 50% levels. The study analyzed the local market-rate and tax credit rental market and provided recommendations on the appropriate rent levels and absorption rates for the property. The study included a demographic analysis of the PMA and city; a statistical demand model; summary of future LIHTC projects; and specific recommendations for short- and mid-term rents levels.

Apache Junction, Arizona

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for an equity syndicator on the proposed development of a 92-unit LIHTC senior (age-restricted) project. The study analyzed the local market-rate and tax credit rental market to determine the market feasibility and absorption rates for low-restricted units at 40%, 50% and 60% of area median income (AMI) levels. Specifically, the study included a site analysis; a detailed survey of market rate, tax credit and low-income (HUD) rental projects; a demographic and economic analysis of the local and regional area; a summary of planned and proposed low-income projects; and recommendations for appropriate rents and absorption rates.

Kansas City, Kansas

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for an equity partner on the proposed development of a 48-unit (55 years and older) LIHTC project. The study analyzed the local market-rate and affordable rental market for low-income units at 50% and 60% of AMI levels. The study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future affordable projects; and appropriate pricing and absorption rates.

Shawnee, Kansas

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility for a proposed 48-unit independent-living senior (55 years and older) LIHTC project. The study analyzed the market-rate and affordable market for low-income units at 50% of AMI levels. The study included a site analysis; a survey of market-rate and LIHTC projects; a demographic and economic analysis of the area; a statistical demand model; a summary of future affordable projects; and recommendations for rents and absorption rates.

Grinnell, Iowa

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a proposed a 42-unit general occupancy LIHTC project. The study analyzed the local market-rate and affordable rental market to determine the market feasibility and absorption rate for low-income units at 40%, 50% and 60% of AMI levels. Specifically, the study included a site analysis; a survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future low-income projects; and recommendations for appropriate rental and absorption rates.

Waterloo, Iowa

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility for a national developer on the proposed development of a 54-unit general occupancy LIHTC project. The study analyzed the market-rate and tax credit rental market to determine the feasibility and absorption rate for low-income units at 40%, 50% and 60% of AMI levels. Specifically, the study included a site analysis; a survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; and recommendations for appropriate rental and absorption rates.

Merrillville, Indiana

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility for a local developer on the proposed development of a 150-unit single-family detached LIHTC project. The study analyzed the market-rate and tax credit rental market to determine the feasibility and absorption rate for low-income units at 30% to 60% of AMI levels. Specifically, the study included a site analysis; a survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; and recommendations for appropriate rental and absorption rates.

South Bend, Indiana

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility for a national equity syndicator on the proposed development of a 70-unit single-family detached LIHTC project. The study analyzed the market-rate and tax credit rental market to determine the feasibility and absorption rate for low-income units at 40%, 50% and 60% of AMI levels. Specifically, the study included a site analysis; a survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; and recommendations for appropriate rental and absorption rates.

Benton Harbor, Michigan

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a national equity syndicator on the rehabilitation and conversion of a vacant historical building to a 31-unit senior (55 years and older) LIHTC project with rents at 55% to 60% AMI levels. The study included a site analysis; a detailed survey of senior market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; an analysis of the transformation of the downtown area and impacts of economic development and redevelopment activities; a statistical demand model for seniors; and recommendations for appropriate rental and absorption rates.

Wichita, Kansas

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a national equity syndicator on the rehabilitation of an existing Section 8 HUD and market-rate project to a 173-unit family LIHTC project with rents at 60% to 60% AMI levels. The study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; and recommendations for appropriate rental and absorption rates.

Sisters, Oregon

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a national equity syndicator on the proposed development of a new 33-unit family LIHTC project in a rural area. The study analyzed the local market-rate and tax credit rental market to determine the market feasibility and absorption rates for low-income units at 30% to 60% of AMI levels.

Portland, Oregon

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a national equity syndicator on the proposed development of a new 60-unit family LIHTC project. The study analyzed the local market-rate and tax credit rental market to determine the market feasibility and absorption rates for low-income units at 30% and 60% of AMI levels. The study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; and recommendations for appropriate rental and absorption rates.

Hays, Kansas

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a national equity syndicator on the proposed development of a 42-unit (55 years and older) senior LIHTC project in a rural area. The study analyzed the local market-rate and affordable rental market for low-income units at 50% to 60% of AMI levels. The study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future affordable projects; and recommendations for appropriate rental and absorption rates.

Indianapolis, Indiana

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for a national equity syndicator on the rehabilitation and conversion of a vacant historical apartment building to a 52-unit family LIHTC project with rents at 50% to 60% AMI levels.

Lake Station, Indiana

Tax Credit Market Feasibility Analysis

Completed a Market Feasibility Analysis for an Indiana based developer applying to the Indiana Housing Finance Authority for 9% tax credits. The new development offered 72-units with rents at 40% to 60% AMI levels. The market study adhered to all of the state's guidelines, which resulted in the developer being awarded credits.

Salina, Kansas

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a national equity syndicator on the proposed development of a 200-unit family LIHTC project in a rural area. The study analyzed the local market-rate and affordable rental market for low-income units at 60% of AMI levels. The study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future affordable projects; and recommendations for appropriate rental and absorption rates.

Kenmore, Washington

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for a lender considering providing debt financing for an existing 50-unit senior LIHTC project.. The study analyzed the local market-rate and affordable rental market for low-income units at 40% of AMI levels.

Iowa City, Iowa

Tax Credit Market Feasibility Analysis

Performed a Market Feasibility Analysis for an equity partner on the proposed development of a 74-unit senior (55 years and older) LIHTC project. The study analyzed the local market-rate and tax credit rental market to determine the market feasibility and absorption rates for low-income units at 50% and 60% of AMI levels. Specifically, the study included a site analysis; a detailed survey of market-rate and LIHTC projects; a demographic and economic analysis of the local and regional area; a statistical demand model; a summary of future low-income projects; and recommendations for appropriate pricing and absorption rates.