Rising home values are pushing the American dream of homeownership out of reach for middle-class working families who cannot afford market-rate housing, yet do not qualify for subsidies. This book describes some of the most innovative and successful strategies that have been employed, turning upside down the old ways of thinking about affordable housing, and producing residences that working families can afford.

Exploring the increasingly common problem of workers -- such as teachers, firefighters, retail managers, and nurses -- who cannot find affordable housing in the communities where they work, this book includes case studies and examples of financially feasible, for profit developments. It also offers a tool kit of policies that can be employed by communities that would like to encourage the development of workforce housing.

This book profiles the business practices of ten affordable housing developers, both for-profit and nonprofit, and includes insights from the companys leader on the current and future state of affordable housing development in America. Find out how the best in the business assess market demand, determine product types and sizes, select financing options, handle property management, and ensure the growth and sustainability of their organizations.