Why This Matters:
Raleigh, Durham, Chapel Hill and the region as a whole have seen tremendous growth in migration and multifamily deliveries over the last several years. While this has provided growth opportunities economically and for the real estate industry as a whole, it has deepened the need for housing at an attainable cost for residents. Wake County, by its own estimate, currently has a deficit of over 65,000 affordable housing units.
The municipalities in the Triangle are taking strides to clear regulatory hurdles and to incentivize additional activity to close this gap. Bisnow, and its panel of experts, will cover the creation of public-private partnerships to address this need, and what more can be done. This event will detail value engineering and delivery methods to curtail cost while ensuring quality attainable units for residents who are critical in workforce development.
Join Bisnow and leading area investors, developers, public officials, and more to discuss this pressing industry issue and how progress can be made, as we help position you for your next deals.
What You’ll Learn:
- Where is the greatest affordable housing need in the Triangle, and what are municipal leaders doing to achieve housing goals?
- How are the public and private sectors collaborating to clear funding, zoning or other hurdles to add attainable supply?
- What more can the development community do to add supply, while generating financial returns?
- What challenges in the development of affordable housing can government officials help alleviate?
- What cost levers can be pulled to trim the cost basis on building new affordable housing units?
- What responsibility and role does the entire private development ecosystem have in supplying the type of quality, affordable product the community needs?
