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.
This paper examines how inclusionary housing policies fared during the nation’s historic housing downturn, as well as the major issues and opportunities that confront inclusionary housing today, as the housing market begins to recover.