" 'Naturally occurring affordable housing is a critical piece of meeting the demand for affordable housing in high-cost cities,' Maya Saraf, UCLA Anderson School of Management MBA 2019 alumna, tells GlobeSt.com. 'Because there is not enough new affordable units being built, it is critically important to preserve the existing supply of affordable units, which includes NOAH. Building new affordable housing, such as those built with federal low-income housing tax credits, is besot by challenges including restrictive zoning, nimbyism, and rapidly escalating construction costs. Providing enough affordable housing in high-cost cities requires multiple solutions in addition to building new affordable housing.' "
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09/04/2019
GlobeSt.com: "Naturally Occurring Affordable Housing Is Disappearing"
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