Senior Housing Operating Proforma and Financial Feasibility Analysis Model

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Financial Feasibility Analysis Model

NCB Development Corporation's (NCBDC) Senior Housing Operating Proforma and Financial Feasibility Analysis Model (Model) is designed as a free tool to assist local organizations in self-assessing the initial viability of an affordable elderly public housing project. The model guides organizations through the process of obtaining and analyzing the information they will need to make an informed decision about whether or not to expend funds to pursue a formal project analysis.

The model provides a preliminary spreadsheet analysis of operating and real estate development costs based on generic models of senior housing. The analysis may be customized for a specific project by the local organization's input of facility size, locally supportable private pay rates, state reimbursements for publicly-supported tenants, local costs, and labor rates. The model includes step-by-step instructions detailing how to obtain the project-specific inputs as well as an explanation of the assumptions.

Disclaimer: HUD does not endorse NCB Development nor its operating proforma and financial feasibility analysis model. Any other use of the model is prohibited without the express written consent of NCBDC.

Write to Lindsay Maher at lmaher@ncbdc.org