Developing “Missing Middle” Housing: Opportunities, Challenges, and Creative Financing Tools
Mission Priority
Thu Apr 11
2:30 PM — 3:30 PM (GMT-05:00) Eastern Time
New York Hilton Midtown - Level 2, Gramercy Suite
This session will cover the opportunities and challenges in developing mixed- or middle-income, infill multifamily development—often referred to as "missing middle" housing. Using real development case studies presented by three developers, the panel will cover both rental multifamily and homeownership development models. The case studies will show how we can deliver housing more affordably than typical market-rate development and more efficiently than typical affordable housing development, using creative financing tools that blend private impact equity with strategic public financing sources.
Speakers
Moderator
Moderator
Founder and Principal HomeWork Development
Jessy Ledesma is the Founder and Principal of HomeWork Development and co-developer of Shortstack Housing. Jessy founded HomeWork Development in early 2021 with a vision to build a new model for inclusive and responsive housing development. Prior to HomeWork, Jessy was Director of Development at Beam Development and previously developed affordable housing for both for-profit ownership and non-profit ownership. Jessy has transacted over $200M in…
Panelist
Panelist
Founder Adre
Anyeley is a real estate developer with 20 years of experience in the built environment. She is the founder of Adre, an equity-centered development company formed with the purpose of developing projects that create social and economic benefits for groups that traditionally lack access to real estate ownership and investment. Adre is a certified woman-owned, minority-owned, and emerging small business in the State of Oregon.…
Panelist
Panelist
Founder and Principal Sister City
Anna develops real estate under the Sister City shingle. Her urban infill placemaking responds to community need, whether that means converting a defunct midcentury gas station into a neighborhood food hall or delivering affordable multifamily housing at scale. Anna's work fosters cross-disciplinary collaboration and good vibes. She imagines a world where more Regular People are supported in their placemaking pursuits. She practices in Portland, Oregon.
Panelist
Panelist
Director of Investor Relations and Strategic Partnerships MSquared
Andrea is the Director of Investor Relations and Strategic Partnerships at MSquared, leading capital raising efforts and spearheading external partnerships. Prior to joining MSquared, Andrea was the Managing Director of Development & External Affairs and Managing Director of Strategic Initiatives at East Harlem Tutorial Program. While at EHTP, Andrea led a $45 million capital campaign and oversaw annual fundraising efforts, increasing giving by nearly 300%.…