From our partner, Grounded Solutions Network.
“GSN is proud to announce the launch of version 2.0 of our Inclusionary Housing Calculator. The Calculator is a web-based tool to help policymakers and other local policy stakeholders better understand the real estate economics that drive local housing policy choices. The Calculator measures the anticipated costs and revenues for a hypothetical development project and returns an estimate of profitability. Users can adjust key variables, like how much affordable housing the project will provide, to determine the financial viability of different development scenarios.
As more communities across the country explore inclusionary housing policies, it is essential that they pay careful attention to the impact such policies are likely to have on project economics. The primary goal of the Calculator is to empower non-real estate professionals to more fully and effectively engage in discussion about the economic tradeoffs that are key to the design of any inclusionary housing policy.”
Find the calculator here