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