The GG+A Capital Facilities model has proven to be a very useful tool to estimate the most appropriate way to finance the capital improvement costs required for new development. Capital projects are often very costly, and the greatest hurdle encountered is identifying strategies to finance those improvements required at the beginning of the development cycle. The Capital Facilities model considers three primary financing sources (bonds, fees and developer loans/reimbursement agreements) and identifies which financing mechanisms are most appropriate for a particular project and how the financing should be structured. Specifically, the model considers proposed development, likely absorption rates, estimated market and assessed values and sustainable fees. Annual cashflow projections are then made to assess supportable levels of alternative capital financing tools. The model is particularly useful for conducting sensitivity analyses to identify potential cash shortfalls under alternative capital financing scenarios and how those shortfalls can be mitigated.