Yardi Matrix Affordable Housing - Resources


Yardi Matrix Affordable - Market data and analysis for the Fully Affordable Housing Investment Professional

We’ve significantly enhanced the data on the ~26,000 (~3.3 MM units) Fully Affordable properties (=>50 units) within our larger US Multifamily data service (totaling >120,000 properties and 23 MM units).

Subscribers get access to both Affordable and Market Rate data (Partially Affordable is also included and will be enhanced in a 2nd phase)

Inventory & New Supply Information:

  1. Private Owned vs Non-Profit (further split between Non-Govt Org & Public Housing Authority)
    1. Actual Owner and Contact (no LLCs)
  2. Program designations- Tax Credit (LIHTC) & State Credits, Project Based Sec 8, Other
  3. Senior (Age Restricted) vs Non-Senior properties
  4. Placed in Service date, Compliance Period expiration date, Extended Use Expiration date
  5. Date of Tax Credit Allocation award (where available)
  6. Completed vs. New Supply Pipeline (further split between under Construction, Planned, and Prospective)
  7. New Delivery Forecasts, Actual Starts- updated quarterly, 3 year forecasts

Revenue Information:
  1. Pre-calculated Maximum Allowable & Net Rents, by floor plan, weight averaged
    1. Verified AMI% Levels at project level
    2. Verified Detailed Unit Mix
    3. Estimated utility allowance
    4. Weight averaged total revenue per unit and per sq ft.
  2. Compared to:
    1. Housing Choice Voucher (FMR) value
    2. Actual offered rent (where available from RentCafe.com) & Property Level websites
  3. Composite Property Affordability to X% AMI Metric across all US Multifamily properties

Property Information
  1. Occupancy at Property Level- derived from US Postal Service records
  2. REAC Scores- last three inspection scores
  3. Property Sales- who bought and sold (no LLCs)
  4. Loans - with maturity dates

Aggregated and Anonymized Yardi Financial & Operational System data- market, sub-market, comp set, ownership type, program type, age of property, senior vs non-senior.

  1. Full P&L - revenue, expenses, NOI, and cap ex, per unit or per sq ft
  2. Occupancy
  3. Rent and Revenue per occupied apartment
  4. Transacted rents- new, renewal, and in-place, total and by bed/bath combination
  5. Lease Trade-outs- new and renewal in total, and by bed/bath combination
  6. Total turnover % and renewal %
  7. Lease pipeline survivorship rates

Area Information:
  1. Qualified Census Tract (QCT) and Difficult Development Area (DDA) map overlays
  2. Population growth forecasts
  3. Demographic information from American Community Survey data
  4. Great Schools elementary school rank data
  5. Walk, Bike, Car Score data

Reporting:
  1. Comparison of area Affordable Maximum rents vs Rent By Necessity (Workforce) vs Lifestyle (Luxury)
  2. Comparison of AMI% affordability metric to inventory in an area or group of properties under analysis