Embed Size (px)
Citation preview
Total Development Cost: $300,000 Per Unit Cost Per Unit: $250,000 Cost to Rehab Each Unit: $50,000
Gap: $70,000 (Per Unit) Borrowing Capacity: $105,000 Low Income Housing Tax Credit Equity: $110,000 * State and County Grants: $15,000
* Assumes Qualified Census Tract and Ten Years of Continuous Ownership by Current Owner
2016 Transaction
Total Development Cost: $190,000 Per Unit Cost Per Unit: $150,000 Cost to Rehab Each Unit: $40,000
Gap: $15,000 (Per Unit) Borrowing Capacity: $90,000 Low Income Housing Tax Credit Equity: $70,000 * State and County Grants: $15,000
* Assumes Qualified Census Tract and Ten Years of Continuous Ownership by Current Owner
2008 Transaction
