LAWS-8705 (2) Seminar: Affordable Housing

Explores the policy, legal, and practical dynamics that drive the development and preservation of privately owned, government subsidized affordable housing. Investigates the nature of the market for housing, with particular emphasis on multifamily rental housing, and debates about market failure in that context and then outline and contrast the major regulatory responses to such market failure. Explores how subsidy programs work in practice, focusing on model documents to frame sample transactions.