Stretch every dollaracross more families.
Vessel's fixed price for the vertical build gives your application a firm number for the building, and a known schedule protects the placed in service deadline your tax credits depend on.
Who this covers
Which of theseis your problem?
A schedule slip doesn't just hurt margin. It can blow our placed in service deadline and cost us the credits.
How Vessel Calypso answers
Vertical construction takes about six months, against 12 to 18 months for a conventional midrise, which protects your placed in service date.
Cost overruns on conventional construction keep pushing us over the per unit cap.
How Vessel Calypso answers
Vessel fixes the price of the vertical build in your contract, with no change orders once signed, so that part of your budget can't run over.
Every dollar we overspend is a family we don't house.
How Vessel Calypso answers
Vessel Calypso typically costs 10 to 30% less to build than conventional construction, depending on market, so the same budget houses more families.
Equal opportunityfor an extraordinarylife.
Less to run, more left for reserves.
On a tight affordable budget, lower staffing, repair, insurance and utility costs go straight to reserves and to the residents you serve.
About 50% lower operating cost per home, per year.1
1 Illustrative only, not a forecast or guarantee. Based on Vessel's operating benchmarks against institutional comparables; actual costs vary by property, market and operator.
The building,and the homes inside it.
A fixed price for the vertical build, and a schedule that protects your placed in service date.
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