Affordable Housing, Development + Policy

Real Estate Development

Spring 2013

Ed Poteat, instructor

This course used the affordable housing techniques discussed in previous semesters to design and plan an actual affordable housing development.  Besides utilizing affordable housing techniques such as tax credit and tax exempt bond financing, the course also looked at the other aspects of affordable housing development such as design and constructability elements, community involvement and political considerations. Developers must be a “jack of all trades” to successfully execute a new project. Although a keen understanding of affordable housing finance is a necessity for any successful developer, development requires an understanding of several disciplines. Political considerations have stymied many feasible affordable housing developments. Design and constructability issues have severely delayed or bankrupted a financially feasible project. Finally, this course also discussed the role of intermediaries and government agencies in the creation of affordable housing.