A market study is made up of market research and feasibility analysis. This information is used to evaluate local supply and demand conditions relating to affordable housing. It provides justification for the proposed product, and projected supportable rental rates upon delivery of the rental units. Market study guidelines are set by the relevant State Housing Finance Agencies when applying for financing. There are also market study requirements for a wide variety of other funding sources. Find the right market study firm to complete your study for your next project.
The training presentation will provide information on the following:
- Identifying a market study
- Understanding the purpose of a market study
- Choosing information that should be included in the market study
- Where to find a market study firm
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Shelly Tucciarelli has over 20 years of experience in management, training, administration and development of affordable housing and community development. Shelly is a Native American Tribal member of the Oneida Nation of Wisconsin, and owns Turtle Clan Development Services. Shelly provides real estate development services and affordable housing consulting services. TCDS focuses on professional services to increase the supply and quality of housing and economic development in Indian Country nationwide.
Shelly previously worked for the State of Illinois’ housing finance agency. While at the Illinois Housing Development Authority (IHDA) she worked in the Asset Management Department overseeing IHDA’s multifamily portfolio. Shelly also worked for the Multifamily Department where she managed and administered the federal Low Income Housing Tax Credit (LIHTC) and State donation tax credit (DTC) programs. During her tenure at IHDA Shelly allocated over $900M in LIHTC and $50M in DTC while working in the tax credit department.
- Offered: Online
- Start: March 23, 2017 - 2:00 pm
- End: March 23, 2017 - 3:00 pm