Comparing the Life-Cycle Costs of New Construction and Acquisition-Rehab of Affordable Multifamily Rental Housing

Wilkins, Charles; Brennan, Maya; Deora, Amy; Heegaard, Anker; Lee, Albert; Lubell, Jeffrey

doi:10.1080/10511482.2014.1003141

Cited by 4 publications

(3 citation statements)

References 3 publications

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“…Recent research sponsored by the MacArthur Foundation found that, in a convenience sample of LIHTC properties, the cost of new construction was 25-45 percent more than the costs of acquiring and rehabilitating a similar property over a 50-year life cycle of a building (Wilkins et al, 2015). The number of reasons for preservation may be one explanation for the difficulty experts reported in conveying why preservation is important in a manner that elected officials in particular would find compelling.…”

Section: -Continuedmentioning

confidence: 99%

Preservation of Affordable Rental Housing: Evaluation of the MacArthur Foundation's Window of Opportunity Initiative

Schwartz¹,

Bostic²,

Green³

et al. 2016

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Section: -Continuedmentioning

confidence: 99%

Preservation of Affordable Rental Housing: Evaluation of the MacArthur Foundation's Window of Opportunity Initiative

Schwartz¹,

Bostic²,

Green³

et al. 2016

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“…Для отдельных территорий это актуальная ситуация. И прежде чем обосновать вариант создания новой жилой ячейки -строительство нового дома или реконструкция -зарубежные коллеги считают, что следует подсчитать издержки (Wilkins, Brennan, Deora, et al, 2015).…”

Section: период активного участия государства в развитии жилищной сфеunclassified

Сравнительная Характеристика Жилищных Систем Китая И России

Сунь¹,

Гареев²

2015

Russian Journal of Housing Research

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The article reviews evolution of the state housing policy in China and Russia. Main approaches to resolving of the housing issues on the territory of countries that have dramatically changed their development course are detected. Evaluation of development prospects that determine residential real estate market trends is given. Obtained results can be used for correction of the national housing policy that will increase business activity in the industry and will make the housing issue less acute. KEYWORDShousing policy, regulation of the housing system, targeted housing programs, housing issue

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“…The study, however, did not take a strategic long-term view of the analysis. In another example, Wilkins et al (2015), compared the costs of producing multifamily housing through new construction or acquisition-rehabilitation over a 50-year life cycle and concluded that new constructions were associated with 25% to 45% higher lifecycle costs.…”

Section: Introductionmentioning

confidence: 99%

Examining budget policies for new and existing facilities: a system dynamics approach

Rashedi

Hegazy

2016

Can. J. Civ. Eng.

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Sustaining acceptable service in large facility networks is a complex task, particularly under limited budgets, rapid deterioration, and increasing service demands. Policymakers are, therefore, challenged to make efficient balance between the construction of new facilities and the renewal of existing ones to suit both the short and the long-term needs. To support policy-makers, this paper proposes an efficient decision support system using the System Dynamics (SD) simulation technique to analyse the impact of various budget allocation policies and to optimize policy decisions. The proposed system dynamics model was tested using a case study from the Toronto District school Board involving more than 400 schools. It can find the optimum budgeting strategy that minimizes the overall facility condition index and total life cycle cost over a long-term strategic plan. The system dynamics model proved its ability to find a budget allocation policy with much better results than the typical enrolment-based approach.

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Comparing the Life-Cycle Costs of New Construction and Acquisition-Rehab of Affordable Multifamily Rental Housing

Cited by 4 publications

References 3 publications

Preservation of Affordable Rental Housing: Evaluation of the MacArthur Foundation's Window of Opportunity Initiative

Preservation of Affordable Rental Housing: Evaluation of the MacArthur Foundation's Window of Opportunity Initiative

Сравнительная Характеристика Жилищных Систем Китая И России

Examining budget policies for new and existing facilities: a system dynamics approach

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