Part Two: Demystifying Affordable Housing Development

Editor’s Note: Michelle Yarbrough Korb is special counsel in the Real Estate Practice Group of Pepper Hamilton LLP, resident in the Pittsburgh office. Her practice focuses in the affordable housing industry with an emphasis on development, including the utilization of low-income housing tax credits, federal programs and programs offered by individual states, as well as the Federal Home Loan Bank’s Affordable Housing Program. In this second part of an exclusive two-part Q&A, Korb describes some approaches to affordable housing finance used by public agencies. You can read the first part of the Q&A here.

Q: What are some of the subsidies that Public Housing Agencies provide for affordable housing finance?