Local Economic Impact of a Particular Construction Project Input Requirements Form

NAHB produces customized studies that measure the local economic impact of home building at the city, county (non-metro), metropolitan, or state level. These studies require a fee and the completion of this form, which captures the core information our economists need to run the models and prepare your report.

Turnaround time: Approximately two to three weeks after the customer agrees to pay the fee and all input information is finalized. (Please note finalizing inputs is the most common cause of delays.)

To request a customized study, please provide the information outlined below. For assistance with completing the form, submitting materials, or obtaining the current fee schedule, contact: Na Zhao, at 202.266.8398 or [email protected].

GENERAL

Name: Phone Number: Email: Company/Organization: Name of State or Local HBA (if applicable): Name of Project: Brief Description of Project: Location of Construction (city/county, state): Do builders and subcontractors pay local sales tax when purchasing construction materials? (Local sales tax does not include state sales tax.)

yes no

If yes, what is the rate (percentage)? What type of construction is your project?

Single-family construction Multifamily construction Multiyear construction Retail space for mixed-use development

SINGLE-FAMILY CONSTRUCTION

Number of homes to analyze (May be actual number of homes built, or a round number like 100)

If construction spans multiple years, please check this box and complete the Multiyear Construction Section to provide the build-out and occupancy schedule.

Average selling price Value of raw land per unit (Value of appropriately zoned land only; no site preparation)

Permit/hook-up/impact/other fees per unit (Should include all construction-related fees paid to local government)

One-time Capital Improvements (Total dollar amount of one-time capital improvements incurred by developer on behalf of the local government, i.e. off-site roads, water treatment, education, etc.)

Property tax (Dollar amount per home or percentage)

Assessment ratio (Assessed value - for property tax purposes - divided by market value, should be less than or equal to one)

Homestead exemption (Generally a dollar amount, often it is zero)

Estimated Income of Household (Dollar amount per household. The model will generate an estimate if the input is not provided by the developer.)

MULTIFAMILY CONSTRUCTION

Number of housing units to analyze May be actual number of homes built within a single year, or a rounded number like 100

If construction spans multiple years, please check this box and complete the Multiyear Construction Section to provide the build-out and occupancy schedule.

Condos Apartments Rent-restricted/Subsidized Rentals

Average selling price per unit Average market value per unit: Average development cost, including leasing-up fees, finance costs, builder and developer profits, per unit: Value of raw land per unit (Value of appropriately zoned land only; no site preparation)

Permit/hook-up/impact/other fees per unit (Should include all construction-related fees paid to local government)

One-time Capital Improvements (Total dollar amount of capital improvements (roads, sewer lines, etc.) incurred by the developer and dedicated to the local government, if not included in fees above)

Property tax (Dollar amount per home, or percentage)

Assessment ratio (Assessed value - for property tax purposes - divided by market value, should be less than or equal to one)

How many units are condos (Intended for owner occupancy)

Homestead exemption that applies to condos (Dollar amount or percentage. Generally a dollar amount, often it is zero)

How many units are age restricted (Typically the age restriction is 55+)

Estimated income of owners (Dollar amount per household. The model will generate an estimate if the input is not provided by developer.)

Estimated income of renters (Dollar amount per household. The model will generate an estimate if the input is not provided by developer.)

What is the estimated rent (Monthly dollar amount per unit. The model will generate an estimate if the input is not provided by developer.)

MULTIYEAR CONSTRUCTION

Starts & First‑Occupancy Schedule

Provide the expected number of homes/units started and first occupied each year until full build‑out:

Property Tax Timing

When do new homes/units begin to pay property taxes?

At completion At occupancy Other

If Other, please specify: Are there differences in property tax treatment during construction vs. post-occupancy?

No Yes

If Yes, please describe:

RETAIL SPACE FOR MIXED-USE DEVELOPMENTS

Please provide stand-alone inputs of retail space if they are not included in the multifamily section.

Number of square feet: Development cost for retail space only: Raw land value: Permit/hook-up/impact/other fees for retail space only: Annual property tax for retail space only:

If the Submit button is grayed out, please make sure that all required fields are filled in.