Should you pursue this site? Find out before you tie it up.
A fast acquisition-stage pro forma for California LIHTC deals. Enter the unit mix, AMI target, asking price, and a few cost assumptions — we pull the restricted rents for your county automatically and return total development cost, tax-credit equity, supportable debt, and the funding gap you'd need to fill. It's the napkin math, online — not underwriting.
Project & units
50 total units.
Costs
Tax-credit equity
Operating & debt
The gap is filled with soft money — HCD/AHSC, HOME, city/county gap loans, and deferred developer fee. A large gap isn't a no; it's your soft-funding target.
Pressure-test this dealPlanning-level feasibility estimate only — not underwriting, an appraisal, or a credit-pricing commitment. Restricted rents are pulled from the 2025 CTCAC limits (gross, before the project utility allowance); the model assumes a 100% affordable applicable fraction and a fixed 9% / 4% credit rate. Eligible basis, basis boost, credit price, and soft-cost ratios are simplifying assumptions you should confirm with your tax-credit consultant and lender. BUILDLAB designs the technology scope (broadband, WiFi, security, accessibility) inside these budgets.
A browser-based alternative to an Excel pro forma template — no spreadsheet to download or maintain. When the deal pencils, stress-test it with the Pro Forma Pressure Test.
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