South End Housing Production Model

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PREPARED BY THE BOSTON REDEVELOPMENT AUTHORITY Kb) DEVELOPMENT PROGRAM: BUILDING AREA PARCEL SIZE NUMBER OF UNITS PARKING SPACES EQUITY REQUIREMENT UNIT MIX: MARKET RATE MODERATE INCOME LOW INCOME 85,340 GSF 38,3% SF 79 UNITS 55 SPACES 15* OF TDC 33. OX (NO INCOME LIMIT) 33. OX (NOT MORE THAN 80X OF SMSA MEDIAN INCOME) 33. OX (NOT MORE THAN 5CX OF SMSA MEDIAN INCOME) UNIT COMPOSITION: MARKET RATE 1 BEDROOM UNITS £ BEDROOM UNITS TOTAL MARKE" RATE UNITS MODERATE INCOME 2 BEDROOM UNITS 3 BEDROOM U
...NITS TOTAL MODERATE RATE UNITS LOW INCOME 2 BEDROOM UNITS 3 BEDROOM UNITS TOTAL LOW INCOME UNITS GRAND TOTAL NO. UNITS 26 79 X AGE SOX SOX 100X 67X 33X 10W £7X 33X tow GSF 770 1,065 1,065 1,3*5 30,210 1,065 1,345 31,275 NSF EFFICIENCY £16 852 19,084 852 1,076 24,168 1,076 25, 020 80. OX 80. OX 80. OX 80. OX 80. OX 80. OX 80. OX 80. OX.
80. OX 85,340 £8,272 DEVELOPMENT PRO FORMA LAND COST: MARKET RATE UNITS MODERATE INCOME UNITS LOW INCOME UNITS TOTAL LAND COST ■ HARD COSTS: RESIDENTIAL CONSTRUCTION TOTAL HARD COSTS (HO PROJECT-RELATED SOFT COSTS: ft/E FEE LEGAL FEES ACCOUNTING FEES DEVElOPER' 3 FEE TREGOR FEES (LOU/MOD UNITS ONLY) RE TAXES DURING CONSTRUCTION INSURANCE, TITLE, PERMITS MARKETING (MKT RATE UNITS) PROCESSING ?EES (LOW/MOD UNITS) CONDC CARRYING COSTS (MKT UNITS) CONTRUCTIQN INTEREST UNIT COST $35,000.00 /DU (FRV) $10,000.00 /DU (FRV) $5,000.00 /DU (FRV) $75 PER GSF 6.


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