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Why Affordable Housing Can’t Pay For Itself

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