Why Affordable Housing Can’t Pay For Itself – Greater Greater Washington
April 16, 2024
Why Affordable Housing Can’t Pay For Itself
By Patrick McAnaney, Senior Project Manager, Somerset Development Company
This is the first installment in a year-long column in Greater Greater Washington about how affordable housing works. In this first column, Patrick McAnaney walks you through the math behind developing a three-bedroom unit for a family making 50% of the area median income.
https://ggwash.org/view/92306/why-affordable-housing-cant-pay-for-itself