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  • Brownfields: An Affordable Housing Solution

    Wednesday, December 11, 10:45 am - 11:45 am
    403 A
    Panel Discussions
    Track 2: Financing Options, Real Estate, & Economic Development
    This interactive panel will discuss the nexus between brownfields development and affordable housing and will explore various policy, funding and incentive programs that have been successfully deployed in the US, including a forgivable loan and grant program in California, with an emphasis on creating affordable housing. The policy and funding conversation will be complimented by a case study focused on “Comm 22” an award winning affordable housing project. We will share the complexities of tax credit based affordable housing finance of a 200 unit affordable housing and brownfields redevelopment project and the role that brownfields funding played. The premise of this panel is that if early stage project funding were more widely available, combined with an informed policy and regulatory approach, that the housing stock in California and elsewhere could be expanded, possibly significantly.
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