Advertisement

Financial Feasibility Analysis: Planning for the Possible

  • Jaime P. Luque
  • Nuriddin Ikromov
  • William B. Noseworthy
Chapter

Abstract

In this chapter, we discuss the concept of financial feasibility introduced by the late James Graaskamp. We also review two commonly used techniques in feasibility studies, the front-door analysis, and the back-door analysis. These concepts and techniques will be used in subsequent chapters to assess the impact of location and financial subsidies, such as Low Income Housing Tax Credits and Tax Increment Financing, on the feasibility of an affordable housing development project.

References

  1. Ciochetti BA, Malizia E (2000) The application of financial analysis and market research to the real estate development process. In: DeLisle JR et al (eds) Essays in honor of James a. Graaskamp: ten years after. Springer, Boston, MA, pp 135–163CrossRefGoogle Scholar
  2. DeLisle J, Griego R (2008) Frontdoor/backdoor analysis. Case study. The University of WashingtonGoogle Scholar
  3. Graaskamp JA (1972) A rational approach to feasibility analysis. Apprais J 40(October):513–521Google Scholar
  4. Graaskamp JA (1981) Fundamentals of real estate development. The Urban Land Institute, Washington, DCGoogle Scholar
  5. Malpezzi S (2015) The Wisconsin program in real estate and urban land economics: a century of tradition and innovation. University of Wisconsin, Madison, WIGoogle Scholar

Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Jaime P. Luque
    • 1
  • Nuriddin Ikromov
    • 2
  • William B. Noseworthy
    • 3
  1. 1.ESCP EuropeMadridSpain
  2. 2.California State UniversitySacramentoUSA
  3. 3.McNeese State UniversityLake CharlesUSA

Personalised recommendations