Build certainty into the process of advancing a project from consideration into proposal, then financing and construction, by identifying feasible and low-risk incremental milestones.
- Identify all potential hard and soft costs, including infrastructure gaps and connections, and obtain full information regarding jurisdiction processing fees and timeline.
- Apportion project financing into as many components as: Acquisition and Predevelopment Financing, Rental Housing Gap Financing, Infrastructure and Parking Financing, Commercial Development Financing, Tax Exemptions/Operating Subsidies, and Municipal Development Incentives.
- Consider project phasing through a Development Agreement or similar instrument to ensure that capital outlay cost burdens can be balanced by revenues in sequence with development of project phases.
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