Get Nycida Project Costbenefit Analysis

Creating a NYCIDA project cost/benefit analysis is a vital task for applicants seeking financial assistance. This guide will provide you with clear, step-by-step instructions on how to complete the form accurately and efficiently online.

Follow the steps to successfully complete your analysis.

1. Press the ‘Get Form’ button to access the NYCIDA project cost/benefit analysis form and open it in the designated online editor.
2. Begin by filling in the applicant's information, including the name of the applicant, their address, and contact details in the relevant sections of the form.
3. In the project location section, provide the complete address and detailed information about the project's location and its significance.
4. For section A, give a thorough description of the project, including the nature of the business and the total project cost.
5. In section B, detail the costs to the city by calculating the mortgage recording tax benefit, land tax abatement, building tax exemption, and the total cost to NYC.
6. In section C, estimate the benefits to the city, which includes calculating the projected direct and indirect taxes generated over a period of 25 years.
7. Complete the benefits application checklist by ensuring all necessary details about the applicant and the operating company are provided accurately.
8. Fill out the core application project information, which includes background information about the applicant’s business and proposed project activities.
9. Provide detailed financial information, including sources and uses of funds for the project.
10. Before submitting, review all sections for accuracy and completeness. Users can save changes, download, print, or share the form as needed.

Complete your documents online today for a smoother application process.