Project Economics & Stewardship – Meeting Notes March 2nd 2022

Published On: March 2nd, 2022Categories: Focus Team Updates, Stewardship & Project Economics

Focus Team: Project Economics & Stewardship #3: Economic Feasibility Tradeoffs

Date and Location: Wednesday, March 2, 2022 – Community Center East Room

Estimated Attendance: 20-22/ planning to live at BR: 4

Guiding Questions:  

  • How should we think about key trade-offs and what should we prioritize (income levels,  densities, subsidies) for Brown Ranch?
  • What product type density and % of AMI are we comfortable with the community having on  average?
  • How can we merge the urban design vision and demand group vision with economics to come  up with a project that is feasible?
  • What infrastructure strategies could positively affect the project’s economic feasibility, and  long-term affordability for residents?

Key Technical Information Shared:  

Technical consultant Dana Schoewe presented on economic feasibility trade-offs including:  Infrastructure cost, vertical cost, product types and subsidy required. See attached slides.