How Developers Build Affordable Housing

Podcast: The Commercial Real Estate Investor Podcast · Tyler Cauble

Opublikowano: 2026-07-13

Key Takeaways 311-unit affordable community in Goodlettsville, TN with 1–3 bedroom units, 11,000+ SF of retail, and a 5,000 SF clubhouse. Ground-floor retail used for placemaking, Main Street activation, and creating a live-work environment that adds value for residents and the city. Capital stack: ~40% tax credit equity, ~50% favorable tax-exempt permanent debt, ~10% local soft funding; initial budget was ~$8M over and required heavy value engineering. Amazon’s Housing Equity Fund was a key capital partner; locking a 4.5% construction and perm rate on a 40-year loan helped save the deal amid rising rates. Clubhouse is 1...