A County in Maryland Came up With a New Way of Building Affordable Homes

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.4 • 1.6K Ratings

🗓️ 18 December 2023

⏱️ 45 minutes

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Summary

When people think of publicly funded housing, they tend not to think about modern-looking apartments with all kinds of amenities. But a county in Maryland is trying to completely reframe how we think about public housing. The Montgomery County Housing Authority has been a pioneer in thinking about what the government can do in terms of accelerating housing production, even when the private sector is pulling back due to higher rates. On this episode of the podcast, we speak with Zachary Marks, Senior Vice President of Real Estate at the Housing Opportunities of Commission of Montgomery County along with Paul Williams, the founder and executive director of the Center for Public Enterprise, about what the county is doing, and how the model can be applied elsewhere to create more affordable, abundant housing.

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Transcript

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0:00.0	Thought Creators, the Podcast for Financial Experts, brought to you by FAB.
0:08.0	My guest today is Sarah Piersada Osmani, head of Sustainable Asset and Project Finance at
0:13.4	FAB.
0:14.4	FAB has committed to lend, arrange and facilitate up to US dollar 75 billion of
0:20.2	sustainable finance by 2030.
0:23.0	Thought Creators.
0:25.0	The Podcast for Financial Experts brought to you by FAB.
0:29.0	Welcome to Crash Course, a podcast about business, political, and social disruption, and what we can learn from it.
0:37.0	I'm Tim O'Brien. Every week on Crash Course, I'm going to bring listeners directly into the arenas where epic upheavals occur and I'm
0:45.6	going to explore the lessons we can learn when creativity and ambition collide with
0:50.8	competition and power.
0:53.0	Listen to Crash Course every Tuesday
0:55.0	on the I Heart Radio app, Apple Podcasts,
0:57.9	or wherever you get your podcasts. Hello and welcome to Tracy Allaway.
1:17.0	Tracy, uh, let's do another housing episode.
1:20.0	Why not?
1:21.0	Let's do it.
1:22.0	No, you know, I think I've said it before to you.
1:24.0	I don't know if I've said it like on the show.
1:25.0	One thing I like about housing episodes is like,
1:28.0	no matter what, it is just like this permanent source of anxiety for everyone.
1:33.6	Well, everyone has an opinion on it.
	...

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