Development Process for Affordable Housing
The essential elements of being a developer require understanding the nuances of affordable housing, finance, and development. These items include assembling the necessary team such as architects, general contractors, land use lawyers, law firm with prior experience in developing affordable housing in the locale, etc. They all have knowledge of the appropriate local government agencies. The timeline is longer than a typical commercial development due to the dependence upon governmental allocations and accessing a complete package of various Federal, State and local government subsidy programs.
This course details all of the essential elements for a developer of Affordable Housing. We will review parties involved, steps in the process, documents required and timelines. Combined with Introduction of Affordable Housing
and Financing Affordable Housing
, students will be equipped with all the essential tools to begin developing affordable housing within the U.S.
You'll Walk Away with
- The essential steps necessary to complete an affordable housing development deal
- The key elements to incorporate within the development deal
- Practical application of selecting a site, a program, and cash flow to successfully receive an allocation and complete the financing of the project.
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Section
1 -
Semester
Spring 2025 -
Date
Mar 6 - Apr 10 -
Day
Thursday -
Time
6:00PM-8:30PM -
Sessions
6 -
Faculty
Stensven, Kendra -
Location
Instructor Led
Tuition $767 -