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DEVELOPMENT VIABILITY, AFFORDABLE HOUSING AND FINANCIAL CONTRIBUTIONS Supplementary Planning Document (SPD)Page | 1Table of Contents 1. Introduction ....................................................................................................................................

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How to fill out development viability affordable housing

01

Conduct research on the local housing market to understand the demand for affordable housing.

02

Calculate the costs involved in developing affordable housing projects, including land acquisition, construction, and financing.

03

Evaluate potential funding sources such as grants, tax credits, and subsidies to support the viability of the affordable housing development.

04

Consider partnering with non-profit organizations or government agencies to leverage resources and expertise in affordable housing.

05

Develop a comprehensive budget and financial projections to ensure the project is economically feasible and sustainable.

Who needs development viability affordable housing?

01

Individuals and families with low to moderate incomes who struggle to afford decent housing.

02

Community members who are at risk of displacement due to gentrification or rising housing costs.

03

Local governments and organizations looking to address housing affordability and promote inclusive communities.

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What is development viability affordable housing?

Development viability affordable housing refers to the assessment of the financial feasibility of affordable housing projects.

Who is required to file development viability affordable housing?

Developers and stakeholders involved in affordable housing projects are required to file development viability assessments.

How to fill out development viability affordable housing?

The form for development viability affordable housing can be filled out with the required financial information and project details.

What is the purpose of development viability affordable housing?

The purpose of development viability affordable housing is to ensure that affordable housing projects are financially feasible and sustainable.

What information must be reported on development viability affordable housing?

Information such as project costs, funding sources, anticipated revenue, and affordability targets must be reported on development viability assessments.

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