Amidst a mounting housing crisis that’s pushing Americans out of the communities in which they work, one firm is leveraging decades of experience to address the missing middle.
Since 1973, The Michaels Organization has specialized in subsidized housing across the nation and has developed and managed everything from affordable to student to military housing. Today, their approach to building attainable housing around the country via partnerships both public and private is bridging the gap between where Americans work and where they can afford to live, all while delivering returns to investors and lifting up the communities they serve. The Real Deal spoke with Michaels’ President of Development Mick Flanagan, EVP Ned Williams, and Maria Barry, Community Development Banking National Executive at Bank of America, about Michaels’ unique ability to deliver attainable housing at scale across the country.
