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