Every affordable housing developer needs financial forecast to anticipate expenses, cash flow and access to capital to build the property, including developments built using low-income housing tax credit (LIHTC) equity. In the latest installment of the Novogradac Tax Credit Tuesday podcast’s recurring “So You Want to Be a LIHTC Developer” series, Michael Novogradac, CPA, and Miao Xue, CPA, discuss four key schedules for developers to consider when preparing their own financial forecasts and potential roadblocks on the path for each. They discuss the development budget and eligible basis schedule, sources and uses and 15-year cash flow waterfall, the taxable income and loss schedule, and income and loss allocations and the Section 704(b) capital schedule.