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Institutional Feasibility Strategy

Proprietary scoring methodology for institutional-grade LIHTC preservation and acquisition-rehab (A/R) identification.

BJS Core Investment Thesis [v4.0]

The BJS Proprietary Ranking moves beyond superficial market growth to prioritize Deal Feasibility. We target properties in the "Critical Window" of their compliance lifecycle, where basis-boost eligibility and local rent-spreads maximize the probability of a successful acquisition-rehab (A/R) exit.

Age of Property

Acquisition Likelihood

Weighting properties in the Year 14–21 window. This marks the transition from initial compliance to investor exit, making these assets the highest probability targets for off-market acquisition.

Max Points +8.0

Market Rent Spread

Financial Upside

Benchmarking tract rent vs. both County and Statewide medians. A significant gap (Tract Rent < 70% of County OR < 75% of State) indicates a strong "safety net" for long-term valuation upside.

Max Points +5.0

Basis Boost (QCT)

Tax Credit Multiplier

Automatic identification of Qualified Census Tracts (QCT) and Difficult Development Areas (DDA). These sites qualify for a 130% basis boost, drastically improving deal feasibility.

Max Points +3.0

Portfolio Scale

Asset Management Efficiency

Rewarding significant scale (Units / 50). Institutional investors prioritize 60+ unit developments to ensure operational overhead is supported by gross revenue.

Max Points +5.0

ROZ Priority

State Strategic Zone

Identifying properties within a Revitalization/Rural Opportunity Zone (ROZ). These assets align with priority state initiatives, providing further funding flexibility.

Max Points +5.0

Dominium Alpha

Strategic Partner Alignment

Properties identified as prime Dominium acquisition targets: 150+ units, Funded 1995 or later, with no recent subsequent credits (unless ≥15 years prior).

🏆 IDEAL Target: 150+ units, Funded/Placed in Service between 2005-2011.

Filtering Flag Active

Revised Market Growth Weights

0 – 5%
Baseline Growth
+1.0 Points
5 – 15%
Strategic Momentum
+3.0 Points
15%+
Peak Market
+5.0 Points (Capped)

*Population growth is capped at 5 points to prevent submarket anomalies from skewing our core acquisition feasibility metrics.