Page 63 - Arlington - LIHTC Review Procedures 2017 - Gibbins Rd. 7.12.17
P. 63
Brief Financial Narrative/Plan
The Residence at Arbor Grove will consist of 100 Low-Income units and 26 Market Rate units. Rents will range from $630 - $1,500.
We are estimating a development budget of $18,080,213 or ($194 per square foot). The following pages include the preliminary Cost Schedule and Proforma
