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courses

Pla6222-1 / Fall 2019

Richard Froehlich

Affordable Housing Finance Techniques

Canvas

Bulletin

This course presents a detailed review of the techniques for financing affordable housing. In combination with the focus on financing techniques, the course also looks at the development issues associated with this complex area and the policy focus of governmental programs. Incentives, public-private partnerships, the use of tax exempt bonds, the securitization of debt are all techniques initially developed for use in residential finance and in the financing of affordable housing. The crisis in credit and mortgage markets is impacting every segment of the real estate finance industry, including affordable housing. The residential finance system that has evolved in the US over the past 50 years is in the process of breaking down and being remade. Housing policy and the federal role in making residential mortgage markets function, as well as serving the affordable housing needs of the country, is in flux. Although the course is focused on finance and financing techniques, it will consider the role of the public sector in regulating and creating incentives for the development and financing of housing in particular. The public sector’s role ranges from the establishment and regulation of the capital markets, to the creation of tax incentives and specialized treatment for real estate enterprises and to the offering of particular subsidies for the development of affordable housing. An understanding of the public sector’s financial and regulatory role is essential for understanding real estate financial markets in general and housing markets in particular. Every real estate project, and especially affordable housing projects, has a hidden partner: the federal government. The course will primarily be taught through the case method. Each class will have a case, finance problem and reading assignment.

Must enroll in this class if you would like to take the spring affordable housing class “Affordable Housing Development”

Recommended for RED students.

Location & Time

209 FAYERWEATHER

TU 9 AM-11 AM

Session & Points

FULL SEMESTER

3 Points

Sequence

Real Estate Elective

Call Number

41418

Programs

M.S. Real Estate Development

Other Semesters & Sections

Course	Semester	Title	Instructor	Syllabus	Requirements & Sequence	Location & Time	Session & Points	Call No.
Pla6222‑1	Fall 2021	Affordable Housing Finance	Richard Froehlich		Real Estate Elective	209 FAYERWEATHER TU 9 AM - 11 AM	FULL SEMESTER 3 Points	11934
Pla6222‑1	Fall 2020	Affordable Housing Finance Techniques	Richard Froehlich		Real Estate Elective	Online TU 9 AM - 11 AM	SES A 1.5 Points	15723
Pla6222‑1	Fall 2018	Affordable Housing Finance Techniques	Richard Froehlich, Charles Brass	Syllabus	Real Estate Elective	200 South Fayerweather TU 9 AM - 11 AM	Full Semester 3 Points	65941
Pla6222‑1	Fall 2017	Affordable Housing Finance	Richard Froehlich, Charles Brass	Syllabus	Elective Real Estate Elective	200 S Fayerweather TU 9 AM - 11 AM	Full Semester 3 Points	23446
Pla6222‑1	Fall 2016	AFFORDABLE HOUSING FINANCE	Richard Froehlich, Charles Brass	Syllabus	ELECTIVE Real Estate Elective	113 AVERY TU 9 AM-11 AM	FULL SEMESTER 3 Points	62498
Pla6222‑1	Fall 2015	AFFORDABLE HOUSING FINANCE	Richard Froehlich, Charles Brass, Charles Brass		Real Estate Elective	113 AVERY TU 9 AM-11 AM	FULL SEMESTER 3 Points	75280
Pla6222‑1	Fall 2014	AFFORDABLE HOUSING FIN,DEV+POL	Richard Froehlich, Charles Brass		Real Estate Elective	AVERY HALL 408 T 09:00A-11:00AAVH AVERY HALL 408	001 3 Points	28046