Enterprise Resource Database

This document includes a project description with a financial proforma for a new construction, single-family project carried out by the Sun City Community Development Council. The document illustrates the major components of proformas including the development budget (sources and uses) and presents two purchase analyses for potential homebuyers using different subsidy assumptions. The document is intended to serve as an example for other condominium projects. Therefore, the information provided may not be as well suited for other types of property development. In addition, the information included in this document is sensitive to the time and location in which the development took place, which may not reflect the actual costs of the development because this proforma represents a financial game plan.