Underwriting & Feasibility Studies:

IFG Capital follows stringent underwriting criteria and obtains feasibility studies on each of the developments. Key items considered include:

  • Market conditions, product desirability and neighbor needs

  • Local and state governmental requirements and issues

  • Projected, market and LIHTC rents

  • Cash flow and cost analysis

  • General Partner experience and financial strength

  • Contractor, architect and engineer qualifications

  • Construction timetables

  • Developer’s tax credit projections and monitoring systems

  • Developer’s current fiscal strength and downside planning