Panelist
Panelist
Ms. Patricia Belden
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 there. She also served as President of the POAH Communities property management company and launched the organization's Community Impact program which focuses on helping seniors age in place, and residents achieve economic stability and
mobility.
Belden is active on several boards of national associations including the Housing Partnership Network and National Affordable Housing Trust, a
nonprofit tax credit syndicator. She received her Bachelor of Arts degree from Cornell University and has a master's degree in public policy from the
Harvard Kennedy School of Government.
Speaking at
Tue May 13
2:30 PM — 3:30 PM (GMT-07:00) Mountain Time
Navigating the Landscape of Attainable and Affordable Housing Development
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).