Affordable Rental Housing Development in the US For-Profit Sector: Implications of a Case Study of McCormack Baron Salazar

《Affordable Rental Housing Development in the US For-Profit Sector: Implications of a Case Study of McCormack Baron Salazar》

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关键字: Affordable housing; for-profit developers; nonprofit developers; MIXED-INCOME DEVELOPMENT; TAX CREDIT; NONPROFIT; POVERTY; CHICAGO

作者单位: [Bratt, Rachel G.] Tufts Univ, Dept Urban & Environm Policy & Planning, Medford, MA 02155 USA. [Bratt, Rachel G.] Harvard Univ, Joint Ctr Housing Studies, Cambridge, MA 02138 USA. Bratt, RG (reprint author), Tufts Univ, Dept Urban & Environm Policy & Planning, Medford, MA 02155 USA.; Bratt, RG (reprint author), Harvard Univ, Joint Ctr Housing Studies, Cambridge, MA 02138 USA. E-Mail: rachel.bratt@tufts.edu

摘要: The question of how to build decent housing that is affordable to lower income households has challenged policymakers in the United States for decades. In response, the federal government has developed a variety of partnership approaches that involve private for-profit developers. Although these entities are currently the major producers of affordable housing in the United States, they have received relatively little attention from the academic and policy communities. This inquiry is aimed at filing a small portion of this gap by presenting a qualitative case study of one of the country's leading for-profit developers that has a longstanding commitment to affordable housing, McCormack Baron Salazar. Using a modified version of the quadruple bottom line framework as the starting point, this exploration discusses the complexity and challenges facing the affordable housing sector and offers programmatic and policy recommendations that are applicable to both for-profit and nonprofit developers. In view of the results of the 2016 presidential election, and the likely continued retreat by the federal government from supporting affordable housing, the need to better understand, and form productive working alliances and collaborations with, private for-profit affordable housing developers is more compelling than ever.