Developers

9 nonprofit companies
43 for-profit companies
$253,984 Average development cost per unit for 2015 new-construction projects
  • HOME funds were cited as the most important gap financing source in 2015.
  • The average tax credit price received for 9% LIHTC deals closed in 2015 was $1.03.
226 projects started in 2015
17,653 units started in 2015
193 projects completed in 2015
14,648 units completed in 2015
Eleven of all the firms surveyed expanded into Virginia in 2015 or have plans to enter the market this year.
Seven of all the firms surveyed expanded into Tennessee in 2015 or have plans to enter the market this year.

Owners

14 nonprofit companies
36 for-profit companies
6,351 projects owned by the AHF 50
590,989 units owned by the AHF 50
Eleven of the AHF 50 owners are based in California.
Six of the AHF 50 owners are based in Ohio.
46,000 Number of people the AHF 50 owners employ
$5,517 Average operating cost per unit per annum