Market Analysis

QAP Indiana

Indiana Releases Example Issues in Market Studies

Indiana Housing and Community Development has released a non-exhaustive lists of issues found with last year’s market studies. The list is provided in order to help analysts when composing studies for this year.

QAP Connecticut

Connecticut Seeks Proposals for Data-Driven Housing Assessment

Topic areas include, but are not limited to, the assessment of existing housing conditions, demographic, market demands (present and future), public access to infrastructure and transportation, job growth, and identification of critical market gaps and issues.

QAP Oregon

Oregon Schedules Statewide Housing Plan Webinar

Oregon Housing and Community Services (OHCS) is placing a greater emphasis on strategic planning and the way we invest our resources. Over the past several years we have been restructuring, refocusing and reimagining our department. Our work has led to a greater emphasis on data, research and customer service. In 2017, we are carrying that […]


FHA Updates Multifamily Accelerated Processing Guide

The new MAP Guide delegates more underwriting responsibility to approved “MAP lenders” and includes all relevant guidance published by FHA since the MAP Guide was last updated in 2011.


UPDATE: HUD Extends Public Comment Period for Revised MAP Guide

U.S. Department of Housing and Urban Development (HUD) released recently a draft form of an updated Multifamily Accelerated Processing (MAP) Guide. The agency is inviting stakeholders to provide feedback until May 14, 2015.


NCHMA Spring Meeting Offers Actionable Steps to Better Market Studies

Market analysts and industry peers gathered for the NCHMA Spring Meeting to discuss ways to streamline and improve U.S Department of Housing and Urban Development (HUD) and LIHTC underwriting market analysis. Participants also considered ways market analysts could collaborate better with industry partners and clients.


HUD Outlines Revisions to Multifamily Accelerated Processing Guide

HUD announced a series of clarifications that are effective immediately and will be reflected in a revised Multifamily Accelerated Processing (MAP) Guide. They focus on equal pay-in, bridge loans, identity of interest, subordinate debt, vacancy rates, and developer fees.


Industry Leaders Convene at NCHMA Annual Meeting

The National Council of Housing Market Analysts gathered this week in New Orleans for discussions as bright and energetic as the legendary holiday decorations that lit up historic Roosevelt Hotel where they took place. While NCHMA is largely made up for market analysts, the event attracted professionals from across the industry. Eight in-depth panels featured the voices of Housing Finance Agency representatives, developers, and syndicators, in additional to market analysts. The conference participants delved into issues that spanned from adjusting for potential Section 8 subsidy loss to identifying market red flags to strategies for Year 15 projects.


HUD & Census Bureau Releases Results of 2013 American Housing Survey

HUD and the U.S. Census Bureau recently released the results of the 2013 American Housing Survey (AHS), marking the 40th year the survey has taken a detailed look at the U.S. housing stock including detailed information on housing costs and quality.


TCA Teaser: The Real Estate Appraisal An Essential Building Block in LIHTC Development

A key element in the development or acquisition of a low-income housing tax credit (LIHTC) property is the real estate appraisal.


HUD Issues Memo Addressing Lender-Ordered MAP Appraisals In Lieu of RCS

A recent memo released by HUD dated August 7, 2014, addresses the use of a lender ordered MAP appraisals in lieu of a separate Rent Comparability Study (RCS) for Mark-Up-To-Market transactions. The Department plans to change the current RCS guidelines upon publication of the long awaited updated Section 8 Renewal Policy Guide to allow for the use of a lender ordered MAP appraisal that will serve a dual purpose; serving as an RCS and for use in underwriting an application for HUD mortgage insurance.


Scope of Work and Reporting Standards

The National Council of Affordable Housing Market Analysts’ (NCAHMA) has adopted a series of documents,  including three cornerstone documents: the Model Content Standards for Market Studies for Rental Housing , the Market Study Index, and the Code of Ethics and Standards of Professional Practice. These fundamental and comprehensive documents are supplemented by several White Papers and […]

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