Capital Market Solutions to Housing Affordability

4 units · Graduate courses (200-299)

Lecture, three hours. Exploration of how capital markets—both public and private—can be leveraged to expand housing affordability. Examination of interplay between real estate finance, public policy, and social impact investment. Analysis of the tools, structures, and incentives that shape housing outcomes. Exploration of how private equity capital—ranging from mission-driven impact funds to institutional housing platforms—can be mobilized to expand affordable and workforce housing supply. Analysis of how fund structures, investment strategies, and public-private partnerships can align investor return expectations with long-term housing affordability goals. Study blends financial modeling, case studies, and fund design exercises to help future developers and investors structure feasible, scalable private equity solutions that deliver both market returns and social value. Letter grading.