This event is invitation only.
Workforce (moderate income) housing remains a critical area of need across the State of North Carolina. Without government subsidies, developers are challenged to deliver a multifamily for-rent product accessible to those who earn 80%-120% of Area Median Income. Building on their previous efforts to address this deficiency, the Wood Center for Real Estate Studies, in partnership with the Kenan Institute for Private Enterprise, will be convening a roundtable of selected participants within the multifamily development process. These participants will engage in a conversation focused on creating a model for the delivery of a multifamily for-rent community in Chapel Hill that would be affordable for a teacher making $50,000 per year (the average for an elementary school teacher in the area). The goal will be to identify and catalogue the measures needed to design and build such a product. The roundtable conversation will be preceded by a brief talk from UNC Kenan-Flagler Professor Andra Ghent regarding her latest research into housing affordability across the country.
Sydney Bannerman, Events Manager Sydney_Bannerman@kenan-flagler.unc.edu