Affordable Housing Development Support:

CompsMART+^®

Novogradac is also pleased to offer its newest service to the housing and community development industries. CompsMART+^® is our new Comparable Market Analysis and Research Tool that combines demographic information and mapping capabilities with our national property database. This online tool was designed for housing professionals who are looking for timely and accurate rental market and demographic information.

 

 

 

 

 

 

 

 

 

 

 

 

The tool draws on our national database, to which new property surveys are added daily and existing surveys are updated continually, for detailed occupancy and rental information for metropolitan areas nationwide. Surveyed properties include tax credit, market-rate and subsidized properties. Users will be able to: perform searches on our geospatial database of nearly 50,000 properties; view all properties and search results on an interactive map; instantly find all properties within a specified radius of a user identified Point of Interest (POI); and retrieve key demographic information on a user defined Area of Interest (AOI). For additional information on this online service offering please go to compsmart.novoco.com.

Novogradac's GIS capabilities allow us to provide analysis of the changes and trends in the demographics of the study area. This analysis examines the past ten years of demographic data which includes population, household composition, age, housing tenure and type, affordability, and building permit data. Data included in GIS analysis encompasses Census data for 1990 and 2000, as well as current year estimates and five year forecasted projections. Together, all segments of our GIS capabilities allow us to provide an invaluable asset to our clients, as it helps them understand and envision the market segments they serve.

For further information contact Brad Weinberg at 240.235.1701.