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A County in Maryland Came up With a New Way of Building Affordable Homes | Odd Lots
Posted
December 18, 2023
Views
945
Likes
14
Engagement
1.48%
December 18, 2023
945
14
1.48%
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39:35Now PlayingWhen people think of publicly funded housing, they tend not to think about modern-looking apartments with all kinds of amenities. But a county in Maryland is trying to completely reframe how we think about public housing. The Montgomery County Housing Authority has been a pioneer in thinking about what the government can do in terms of accelerating housing production, even when the private sector is pulling back due to higher rates. On this episode of the podcast, we speak with Zachary Marks, Senior Vice President of Real Estate at the Housing Opportunities of Commission of Montgomery County along with Paul Williams, the founder and executive director of the Center for Public Enterprise, about what the county is doing, and how the model can be applied elsewhere to create more affordable, abundant housing.
Intro -- 0:00
What is the Housing Authority for Montgomery County — 5:37
How does low income housing typically get financed? — 7:45
What makes the model innovative? — 9:48
How do these projects pencil out? — 13:48
What are the type of homes being built? — 18:49
Can the model be replicated nationally? — 22:16
What are the constraints on expanding the model? — 25:44
What is the case for publicly funded affordable housing? — 29:02
What are the immediate impacts of higher rates? — 32:22
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