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5 Key Takeaways From BisNow’s Building Affordable Housing in LA Webinar

September 3, 2020

Date: Thursday, September 3rd, 2020

Webinar Topic: Building Affordable Housing In LA: How Are The Region’s Leaders Addressing A Lack Of Affordable Housing During The Pandemic? 

  1. Labor has become an issue with development, and modular has allowed more deals to get done. Pre-fab steel, canister-type developments, along with panelized walls are becoming emerging trends. 
  2. Many see the affordability issue as a national crisis, increasing the institutional investment. 
  3. Partnerships with healthcare providers and adopting healthcare protocols have proven to ward against COVID effects for Avanath’s properties in relation to similar properties 
  4. In terms of the housing of the homeless, things are changing quickly from day to day. The nation’s large cities have partnered with hotels for short-term solutions to the homelessness epidemic, although we are entering the phase for permanent housing. This presents an opportunity for landlords with affordable spaces who accepts section 8. 
  5. Delays are extremely common in the space right now, especially with lending, although deals are getting pushed through because of the need at the government level. 

FEATURED PRESENTERS 

 

DARYL CARTER 

Founder, Chairman & CEO, Avanath Capital Management 

Daryl J. Carter is the Founder, Chairman and CEO of Avanath Capital Management, LLC, a Southern California based investment firm focused on workforce and affordable multifamily… 

 

TONJA BOYKIN 

COO, Weingart Center 

Tonja Boykin joined the Weingart Center in 2016 to serve as its Chief Operating Officer. Tonja has 28 years working as a high-performing nonprofit management executive with nationa… 

 

KEITH MCCLOSKEY 

Associate Principal, KTGY Architecture + Planning 

Keith McCloskey is an Associate Principal for KTGY’s Los Angeles office. He is responsible for establishing the overall design vision for all of the office’s new architecture and i… 

 

LEE RAAGAS 

CEO, Skid Row Housing Trust 

 

CHRISTINE VILLEGAS (MODERATOR) 

Development Executive, Chelsea Investment Corporation