A pro forma analysis is a set of assumptions and calculations that projects the financial return that a proposed real estate development is likely to create.
It begins by describing the proposed project in quantifiable terms. Moving through the spreadsheet, the user estimates revenues that are likely to be obtained, the costs that will have to be incurred, and the net financial return that the developer expects to achieve on their given project.
The pro forma assists in better project understanding by storing and displaying all project financial information in one place providing the user with an appreciation for the push and pull of costs and income, time and risk, and how changing one factor can affect a whole domino chain of other factors.
Pro Forma 101 Materials
The MEDC Community Development Division requires all development projects seeking MEDC financial assistance to complete the MEDC pro forma for their project. Please see the links below to the pro forma document as well as a step-by-step user guide.
MEDC Development & Operating Pro Forma
MEDC Community Development requires all development projects seeking MEDC financial assistance to complete the MEDC pro forma for their project.
Pro Forma 101 User Guide
This step-by-step user guide has been developed by MEDC to assist you complete the pro forma for your project.
Contact the Community Assistance Team (CATeam)
Community Assistance Team members provide personalized support and guidance to your community based on its location in Michigan. Interact with the Map on the left to find your contact by region.