The Housing Detective: Preparing a Market Study for a Special Needs Project Requires Sleuthing, Special Tactics
By Caitlin Jones
1 min read
Tax Credit Advisor, June 2011: Preparing a market study for a typical proposed low-income housing tax credit project is challenging enough. But for a development that will serve a special needs population, the task is even more arduous. It requires some special tactics, like those of a detective, according to speakers at the recent Spring Affordable Housing Policy and Underwriting Forum in Washington held by the National Housing & Rehabilitation Association and the National Council of Affordable Housing Market Analysts.
The market analysts described several special needs project assignments, and how they obtained the data and demographic information needed to write solid market studies.
