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| Date post: | 15-Jan-2017 |
| Category: |
Real Estate |
| Upload: | chapel-hill-carrboro-chamber-of-commerce |
| View: | 136 times |
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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
