This policy working paper explores the policy and practical implications of lifecycle underwriting and opens up a debate about the trade-offs of financing properties for a 50-year viability period, rather than the more typical 15-year time frame.
The Lifecycle Cost Adjustment Methodology: An Exploration of the Baseline and Alternative Assumptions
This paper provides a detailed look at the methodology behind a new approach for estimating the costs of developing and maintaining affordable multifamily rental housing over the course of a property’s lifecycle.
Comparing the Costs of New Construction and Acquisition-Rehab In Affordable Multifamily Rental Housing
This research working paper uses the lifecycle cost methodology to compare the total cost of developing and maintaining multifamily affordable rental housing over a 50-year period using either acquisition-rehab or new construction.