Navigating the Landscape of Attainable and Affordable Housing Development
Tue May 13
2:30 PM — 3:30 PM (GMT-07:00) Mountain Time
Category
Housing/Residential
In today's challenging real estate market, developers are confronted with rising costs across various aspects of project development, from land acquisition to materials and labor. This panel discussion will delve into strategies employed by developers to navigate these hurdles and deliver profitable multifamily projects, particularly focusing on attainable and affordable housing initiatives. Key topics include adapting to market dynamics (as prices escalate, market-rate developers are embracing affordable housing models, but may face challenges competing with seasoned affordable housing developers); cost-effective design and amenities (successful developers are employing proven design elements and amenities while minimizing unnecessary expenses to ensure profitability); suburban expansion (developers are exploring opportunities on the outskirts and suburbs, branded as attainable housing, to cater to residents priced out of urban cores); strategic site selection (site selection and execution methods play crucial roles in ensuring the feasibility and profitability of projects); and the role of consultants (land development consultants contribute by offering value engineering solutions).
Speakers
Moderator
Moderator
Principal Bohler
Mike O’Hara is a driving force in Washington, D.C.’s land development industry, dedicated to fostering economic growth and shaping the city’s evolving landscape. As a Principal at Bohler, he collaborates with policymakers and industry leaders to streamline development processes and create opportunities for new investment. His expertise spans infrastructure, permitting, and urban development, with a keen focus on addressing the city’s pressing housing needs.
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Panelist
Panelist
Executive Vice President of Development The Community Builders, Inc.
Patricia Belden joined The Community Builders in 2020 as executive vice president of real estate development. Prior to joining TCB, Belden worked for 25 years at Preservation of Affordable Housing (POAH), a leading multiregional affordable housing nonprofit. Belden worked her way from project manager to managing director and COO, co-leading all development, including POAH's entry into the Chicago market and its Choice Neighborhoods grant-funded work…
Panelist
Panelist
Managing Director, Real Estate Development Preservation of Affordable Housing, Inc.
Panelist
Panelist
Director of Planning & Landscape Architecture Bohler
With almost 30 years of experience in planning and landscape architecture, Matt Mrva, RLA, brings a strategic and collaborative approach to land development. As Principal at Bohler, he specializes in integrating planning, landscape architecture, and civil engineering to create innovative, sustainable, and community-driven spaces. With extensive experience in designing affordable and attainable housing developments, Matt understands the balance between cost-effective design, functional amenities, and placemaking…
Panelist
Panelist
Managing Principal, Housing Equity Fund Amazon
Senthil Sankaran Managing Principal, Amazon Housing Equity Fund As Managing Principal of the Amazon Housing Equity Fund, Senthil is responsible for the oversight, deployment and management of Amazon's commitment of over $3.6 billion in below-market capital, in the form of loans and grants, to preserve and create over 35,000 affordable homes in Amazon's 'hometown' communities: The Puget Sound region of Washington State, the Arlington, VA/Greater…