Ribbon Demographics' HISTA Data
is proving to be a valuable tool for affordable housing market
analysts. Feedback from HISTA users has been extremely positive.
Read some of the testimonials we have received:
"We are extremely pleased
to find a reputable source of data that provides precise
distribution of households by variables that were previously
estimated through a tedious, time-consuming process. We
have found this data to be helpful in projecting the precise
number of households that meet certain age, tenure, income
and household size characteristics. We believe this
information yields substantially more accurate projections
for the very finite market defined by the Tax Credit program."
Rob Vogt;
Vogt Santer Insights
"Use of HISTA data has permitted
us to give our clients an accurate picture of the potential
market for their specific development. The tables
allow us to accurately pinpoint the potential income-eligible
renter base taking into consideration the age ranges, income
ranges and specific bedroom sizes in the proposed complex. Our
clients are able to get an accurate picture of the potential
market for their product assuring good penetration rates
and quicker rent-up times."
Allan Forsythe, President; ALCA Associates
"We have found the HISTA
data to be extremely useful both for market analysis of
individual developments and for developing municipal housing
strategies. We used to commission special tabulations
from the Census tapes, but Ribbon Demographics provides
a tested methodology and rapid service at a very reasonable
cost."
Elizabeth M. Beckett; Real Estate Strategies, Inc./RES Advisors
The work of Julia and Ribbon Demographics is of great value to the affordable housing Low Income Housing Tax Credit (LIHTC) industry. The innovation of HISTA data is something we rely on and have found has spurred innovation in providing the sound advice to our clients that they demand. Julia also is a contributor to the industry informing market analysts of the latest Census data changes and tools.
As tenants in LIHTC properties have distinct minimum and maximum income requirements, the LIHTC industry relies on the prudence of market analysis and strong underwriting for its success in allocating Federal resources in the public sector and investment dollars in the private sector. Julia and Ribbon Demographics help us analyze markets in great detail in terms of income qualification, age qualification, and household size qualification. The data is of consistent quality in all the markets we analyze across the country. Julia’s hands-on assistance and familiarity with these markets have been valuable to us.
Jeff Thompson, MAI
Acacia Realty Advisors
"We depend on HISTA Data reports from Ribbon Demographics for underwriting demand for our investments. HISTA's specialized household distribution gives us the most accurate and up-to-date information available, and is particularly valuable for analyzing demand for older adult investments."
Mary K. Duff
JPMorgan Capital Corporation
Housing Investments
