C1. Key Factors To Gauge Support For Your Project

Clear Direction From Board Of Directors

Does your board of directors have the breadth of skills and experience to provide financial, technical and strategic support throughout the project development process?

Neighborhood Support

Is this project part of a community revitalization plan? Does the plan indicate a clear need for more rental housing where your project is located? Are there social services and other resources to support your renters nearby?

Local Government Support

Do you have clear indications that the local government will financially and politically support your project?

Predevelopment Funds

Do you have access to predevelopment funds? This often indicates that a funder has confidence in your organization's ability to successfully develop a project.

Next: D. Project Accounting Systems for the Nonprofit Developer

OHIO CAPITAL CORPORATION FOR HOUSING