Acquisition Costs

Information by State  Print version   In This Section Development Costs   Development Costs and the HOME Multifamily Underwriting Template   Acquisition Costs   Site Work Costs   Construction / Rehabilitation Costs   Architectural and Engineering Fees   Other Owner Costs   Interim Financing Costs   Permanent Financing Fees and Expenses   Developer's Fee   Initial Project Reserves   Tenant Relocation Costs   Project Administration and Management Costs   Other Development Costs

Acquisition costs are the costs paid to acquire Land and any Existing Structures on the project site. Existing structures include buildings, infrastructure, or other assets already located on the land.

In some cases the land and existing structures will have already been acquired. If the land and existing structures are being refinanced or reimbursed as a part of the development, then enter the relevant acquisition costs. However, if land and existing structures have already been acquired and the project is focused on renovating, demolishing, or otherwise developing the site, then it is not necessary to enter acquisition costs.

Use the Other Acquisition Costs field to enter costs related to acquisition that are not represented by the other items in this category. Enter a label (replacing the "Other Acquisition Costs" text) and an amount. If you do not need to use this field, simply leave it blank.