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REAL EST 560

AFFORDABLE HOUSING

3 credits.

Gain foundational knowledge on the affordable housing development sector. Includes examination of the political and bureaucratic context and technical and analytical skills necessary to compete for and employ available financial tools to create and preserve affordable housing. Emphasis is placed on the Low-Income Housing Tax Credit (LIHTC) and common challenges including local resistance.

Prerequisites & course information

Requisites: Satisfied Quantitative Reasoning (QR) A, GEN BUS 106 , or graduate/professional standing Course Designation: Core GenEd - Civics & Perspectives Breadth - Social Science Level - Intermediate L&S Credit - L&S Liberal Arts and Science Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Describe the role of affordable housing development in the United States including its impact on vulnerable communities, its challenges, and common criticisms. Audience: Both Grad & Undergrad 2. Demonstrate knowledge of Low-Income Housing Tax Credit (LIHTC) transactions through financial models, professional memos, and development project plans. Audience: Both Grad & Undergrad 3. Utilize knowledge of affordable development goals, project fundamentals, and community context to build cases in support of projects and present results in written and presentation format, adjusted for the specific audience. Audience: Both Grad & Undergrad 4. Evaluate and interpret academic papers, trade publications, and mainstream news sources on and engage in classroom discussions. Audience: Both Grad & Undergrad 5. Demonstrate aptitude in customizing affordable housing financial models to assume specific funding underwriting rules and scoring criteria. Audience: Graduate Learning Outcomes: 1. Describe the role of affordable housing development in the United States including its impact on vulnerable communities, its challenges, and common criticisms. Audience: Both Grad & Undergrad 2. Demonstrate knowledge of Low-Income Housing Tax Credit (LIHTC) transactions through financial models, professional memos, and development project plans. Audience: Both Grad & Undergrad 3. Utilize knowledge of affordable development goals, project fundamentals, and community context to build cases in support of projects and present results in written and presentation format, adjusted for the specific audience. Audience: Both Grad & Undergrad 4. Evaluate and interpret academic papers, trade publications, and mainstream news sources on and engage in classroom discussions. Audience: Both Grad & Undergrad 5. Demonstrate aptitude in customizing affordable housing financial models to assume specific funding underwriting rules and scoring criteria. Audience: Graduate

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