Capital Needs Assessment – Chateau Cherry Hill, Inkster, MI

Performed a Capital Needs Assessment for the Chateau Cherry Hill Elderly Development in Inkster, Michigan in support of a Low-Income Housing Tax Credit Application to the Michigan State Housing Development Authority.

The Capital Needs Assessment used a life expectancy costing model to forecast timing of anticipated capital improvements. The assessment also presented a strategy for funding a capital reserve to meet the anticipated capital requirements.

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