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7.5.10 Demographic Analysis

HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States

A. The market study must include a thorough description of the current and forecast demographic characteristics and conditions of the PMA with a comparison to the secondary market, including a detailed explanation of all significant trends and changes addressing:

  1. Recent trends in population and household growth from the most recent decennial census, current estimates, and growth projections over the next 5 years covering such subjects as population change, migration, net natural change, household growth or decline, and changes in the average household size.

  2. For senior communities, current and projected senior household base with 55+ and/or 62+ householders.

  3. A thorough discussion of past building trends in comparison to household trends.

  4. Characteristics of the current household base, including family type, current and change in tenure, age distribution and household type, and rent burden.

  5. Current income characteristics of the population and income by tenure.

  6. For senior communities, tenure breakdown, income characteristics, and rent burden of senior households.

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▸Contents — HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)
HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)

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