HomeMy WebLinkAboutFYI 9.9.25··u .. Features:: The cost of affordable housing: Does it pencil out? I•NATIONAL INPARTNERSHIPWITHTHE •■1 HOUSING -CONFERENCE
Introduction Why is there a gap? Closing the gap Try it yourself About this project
Try it yourself
The inputs below default to realistic values based on a typical housing
market. Use the controls to increase or decrease the value for both the 50
and 100 apartment example by a given percent.
50 100 NOi apartments apartments
Average monthly rent $488 $489
Renter's income: 30%AMI
Share spent on rent: 30% of income
Vacancy rate 7.0% 7.0%
I_
□
$10,806,738
deficit
100 APARTMENTS
30% AMI RENTERS
WITH TAX CREDITS
D
C)
I_ Replacement reserve $300 $300
rate (per unit per year)11r·□□D-
Adrn·n·c-.. <h,t0083 □1□□or-•
RESET TO DEFAULTS
https://apps.urban.org/features/cost-of-affordable-housing/