Michaels’ Regional Vice President of Development joins this episode of the Multifamily from the Ground Up podcast to discuss the widening financing gap in affordable housing, why higher interest rates, declining LIHTC equity pricing, and rising construction costs are making once-viable developments increasingly difficult to finance, the impact on developers and housing production, and how creative capital stacks, soft financing, expanded tax credits, public-private partnerships, and other innovative approaches could help close the gap and get more affordable housing built.
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