Each state housing finance agency’s Qualified Allocation Plans (QAP) establishes its own requirements in terms of market feasibility studies.  These requirements vary in terms of types of data and analyses required, methodologies utilized and presentation format. In conducting these studies, RPRG carefully addresses the requirements of the state in which the project is to be located. RPRG prepares market feasibility studies addressing general occupancy, age restricted and special needs tax credit rental projects. Clients for these studies include:

Tax Credit Developers: RPRG works with tax credit developers to help tailor their communities to the market and assess demand for their products.  Often, analyses are conducted in two phases – a product position analysis followed by a market feasibility analysis. RPRG also assists developers in creating strategies for repositioning properties with expiring tax credits.

State Housing Finance Agencies:  RPRG works with an increasing number of state housing finance agencies thatretain market analysts to evaluate proposed projects for which LowIncome Housing Tax Credits are sought. 

Local Agencies: As they reposition their assets to become more self-supporting, RPRG works with local housingand economic development agencies to help identify opportunities to develop appropriate tax credit and mixed income housing.