Tools Explore New Thinking About Affordable Rental Housing

February 28, 2013 Grantee Publications Preserving Affordable Rental Housing Housing
affordable rental housing

The National Housing Conference and Center for Housing Policy have created a suite of new materials exploring lifecycle underwriting, a new way of thinking about the costs of affordable multifamily rental housing. The materials include a Lifecycle Cost Modeling Tool to help developers estimate whether a property is likely to fund its long-term capital needs, such as a new roof or HVAC system, over time. There are also working papers on comparing the cost of new construction and acquisition-rehab, potential policy implications of lifecycle underwriting, and the methodology behind lifecycle cost adjustment.