PROJECT SCHEDULE (updated March 2003)


A Final Report Draft was submitted to HUD on March 19, 2003. An eight-week review process will follow, after which the Final Report will be available on this website.

April-May 2003

  • Edits to Final Report, final submission, report published to website.

March 2003

  • Submission of Final Report to HUD for review period

February 2003

  • Final Report Writing

December 2002

  • Cost Model Field Test results
  • Case Study analysis

September-November 2002

  • Cost Model Field Test site visits
  • Case Study site visits

August 2002

  • Cost Model Field Test site visits
  • Case Study site visits

July 2002

  • Begin Field Test of Cost Model
  • Case Study protocol, comments and planning

June 2002

  • Cost Model Field Test protocol
  • Case Study protocol distributed
  • Update reports on Cost Model

May 2002

  • Begin Field Test of Cost Model
  • Case Study design
  • Final Utility report

April 2002

  • Case Study design

March 2002

  • Merge model findings, adjustment for regulatory and operating environment, asset management, and utilities into database
  • Apply model with adjustment to public housing properties

February 2002

  • Discussion of Case Study sites and protocol

January 2002

  • Discussion of Case Study sites and protocol

December 2001

  • Meet with Research Working Group to review pilot case study information and continued work on costing model
  • Develop case study protocols
  • Finalize costing model, exclusive of regulatory and operating environment

November 2001

  • Meet with Research Working Group to review costing model, financing program, utilities, and supplemental research
  • Generate preliminary estimates from the costing model for public housing properties
  • Finish research on asset management, mixed-finance properties, and private management of public housing
  • Complete analysis and recommendations from pilot case studies

October 2001

  • Convene Research Working Group to review costing model
  • Finalize variables and elements of the costing model, exclusive of regulatory/operating environment adjustment, and internal testing of the model
  • Evaluate "field testing" data against costing model estimates
  • Complete analysis and recommendations for financing program
  • Complete analysis and recommendations for utilities

September 2001

  • Refine and complete costing model based on "field testing" against portfolios of public housing developments, exclusive of regulatory/operating environment adjustment.
  • Finalize protocols for case studies based on pilot sites.
  • Conduct analysis of distressed properties.
  • Begin case studies.
  • Prepare analysis/recommendations for financing program.
  • Complete research on asset management, mixed-finance properties, and private management of public housing.

August 2001

  • Complete development of parallel models based on NAA, RHS, and proprietary data.
  • Perform additional tests of the predictive power of the model.
  • Refine model based on comparisons with other models and with additional review and feedback from Cost Study team.
  • Conduct financing program site visits.
  • Conduct "field testing."
  • Conduct training for case study researchers.
  • Conduct pilot site case studies.
  • Prepare recommendations for utility funding.

July 2001

  • Finish cleaning FHA Annual Financial Statements for Fiscal Year 2000.
  • Obtain FHA property variables from FOMNS (Field Office Multifamily National System) and integrate into data set.
  • Obtain REAC physical inspection results on individual items that may reflect high capital needs.
  • Obtain additional MSA variables, e.g., unemployment rate, population size, population density, etc.
  • Run regression models with dependent variables based on Fiscal Years 1999 and 2000 Annual Financial Statements.
  • Test alternative stratifications of the data by assistance type and sponsor type.
  • Test additional forms of variables based on industry comments.
  • Test alternatives to MSA level dummy variables (MSA labor market variables, stratification of model by MSA size and region, etc.).
  • Test models that include REAC and FOMNS variables.
  • Develop parallel models based on National Apartment Association (NAA), Rural Housing Service (RHS), and proprietary data.
  • Finalize instructions for research teams for case study pilot sites.
  • Finalize research on differences in regulations between public and assisted housing.
  • Conduct initial site visit for financing program.
  • Finalize protocols for subsequent financing site visits.
  • Complete data collection for utility analysis.
  • Finalize protocols and conduct training for field testing researchers.