Affordable Housing Development Support

Novogradac's GoVal Group specializes in providing high quality market research and affordable housing development support. The complexities of today's marketplace requires a thorough understanding of affordable housing programs and how local markets impact on their success. Novogradac takes great pride in its blending of primary research with available demographic and secondary data to help determine the viability of a proposed project.

The GoVal Group completes nearly 1,200 market studies and appraisals each year throughout the U.S. and several territories. Since 2003, the Group has completed nearly 8,000 market studies and appraisals. The purpose of these studies is to assess the market feasibility and/or determine the value of Low-Income Housing Tax Credit (LIHTC) developments. Our expertise extends to additional subsidy overlays such as public housing, Hope VI, rural development (Section 515, 538), Section 8, Section 236 and Section 202 housing.

Novogradac provides the following affordable housing services:

• Market Studies and Appraisals for Developers, Syndicators, Investors, and Lenders

• HUD Consolidated Plans and Community Development Support

• Public Housing Authority Flat Rent Studies

• HUD Section 8 Rent Comparability Studies

• Litigation Support

Technology and Online services:

• GIS Services

• Rent Reasonableness Determinations Model

For further information contact Brad Weinberg at 240.235.1701.