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Shelter School Renovation (L&H)

Input array: ALTI

  AVI/MV Phase 1 Phase 2
AVI[ 2] Land cost (/acre or /sq.ft.)(Total $ if AVI[1]=0) 2 5928.338762 28501.62866
AVI[ 6] Units to develop 6 64 25000
AVI[ 13] Building cost ($/sq.ft.if AVI[101]=sq.ft.) 13 60.8470684 60.8470684
AVI[ 15] Architecture & engineering 15 1591.147598 2.79762215
AVI[ 17] Furniture & equipment 17 4229.591816 7.436644951
AVI[ 18] Misc. admin 18    
AVI[ 20] Est.const.int,fin.fees,acctg.adj.(ProCash checks) 20 3610.755802 5.101221498
AVI[ 27] Contruction interest to impose (or CSF[;12]) 27 1868.380802 3.285065147
AVI[ 40] Minimum income/unit before vacancy(ex.AVI[7]units) 40 352.0596599 7
AVI[ 44] Start-up operating losses (financed & expensed) 44 583.1557876 5.650946952
AVI[ 48] Do not use cash flow for working cap or oper. res. 48    
AVI[ 49] columns beyond 6 are income limits (1) 49    
AVI[ 55] Operating expenses (fixed, per unit) 55 1504.454906 0.9673857608
AVI[ 61] 1st mortgage loan to value Ratio or $ Amount 61 1,600,651.4658 1,099,348.5342
AVI[ 87] Equity contribution ($ or % Costs Less Land&Fin.) 87 2,645,500 0.00001
AVI[101] Square feet/unit (affects AVI[13]) 101 568.75  
AVI[173] LIHTC Tax Credit: Const./Major Rehab(.09 or .04) 173 0.09  
AVI[174] LIHTC Units Qualifying (Low Income Hsg.TaxCredit) 174 1  



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