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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. We refer to the new approach as “lifecycle cost analysis” or “lifecycle underwriting.” We use the term “lifecycle cost adjustment” to refer to the adjustment to initial total development costs needed to ensure viability over the property’s full lifecycle.

For more information or to schedule an interview with the author, please contact Andrea Nesby, Sr. Marketing & Communications Associate, at (202) 466-2121, ext. 240, or anesby@nhc.org.

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