MapDash - A Solution for Low Income Housing Tax Credit Developers
During my time at Datastory, I’ve had the opportunity to bring our technology into the hands of real estate developers working hard to find options in the highly competitive LIHTC multifamily industry.
I’ve come to appreciate that the few who achieve recurring success are developers who are knowledgeable, agile, current, responsive, and decisive. They have to be because the rules change every year. And as a result, so do the opportunities.
Here’s what I’ve learned.
To succeed, you must be the best at finding the sites that meet QAP criteria quickly and objectively. Mastering the process is essential, and it’s even more complex when the ground beneath you constantly shifts. You need a method to adapt quickly to each round of the QAP draft.
That is precisely why I enjoy putting MapDash in the hands of our clients. I’m able to help a busy developer quickly understand and synthesize a vast array of data. They’re spending their time more effectively, fast, and confidently finding the locations that score the highest. Not only is it helping them win, but they know they’ll be providing future tenants with optimal access to jobs, amenities, and resources that will allow them to thrive in their communities.
So what is MapDash?
It’s a web-based resource utilized by LIHTC developers nationwide to support site selection. MapDash combines data elements specified in state QAPs and visualizes the results on a map. Our team of GIS experts works continually to analyze each iteration of a QAP and curate data layers from available public sources such as HUD. They transform disparate data from multiple locations into a one-stop shop.
With a few clicks, site selectors can quickly identify target locations, including QCTs and DDA’s, while also layering amenities and other socioeconomics defined in the QAP. Some examples of MapDash’s curated Data Library include:
Amenities (Schools, Grocery, Healthcare, Retail, Convenience, etc.)
Target Areas (QCTs, DDAs, Revitalization Areas, Empowerment Zones, etc.)
Socioeconomics (Area Median Income, Fair Market Rents, Location Affordability Index, etc.)
Undesirables (Wetlands, Flood Hazard Areas, Ineligibility Areas, etc.)
The result?
MapDash is an affordable turnkey web app that elevates your location intelligence and maximizes your competitive advantage. Interested in learning more about MapDash and our QAP data packages? Click the button below to get in contact with us.
