How Senior Project Developers Manage $10M+ Affordable Housing Developments- Day in the Life of Max Heninger

Think affordable housing development is just about helping hard working class families? There’s WAY more to it.What does it really take to bring affordable housing projects to life? In this episode, Max Heninger, Senior Project Developer at Eden Housing, shares insider knowledge on the day-to-day life of a project manager, which can involve solving some of the biggest challenges, developing funding strategies, and identifying budget issues and implications on timelines. Learning all that Max shared will undoubtedly help you shape the future of housing!🔥 If you're passionate about real estate development, housing solutions, or just curious about how communities come together, the latest Podcast episode of "Affordable Housing & Real Estate Investing" is a must-watch! Key Takeaways:✅ Affordable housing is a hidden career path we can help shine the light on it.✅ Funding is tough—tax credits & soft debt are game changers so learn how to find them!✅ A deep understanding of proformas is essential to evaluate the potential for project success.✅ Community support can make or break a project.✅ Project managers juggle laws, public-private partnerships, capital funding & deadlines like pros.✅ Delays are expensive—planning ahead saves millions!Please don't forget to follow Max on LinkedIn:https://www.linkedin.com/in/max-heninger-33a42283/Please don't forget to join our email list to stay up-to-date on all the latest news and content updates:https://affordablehousing.io/waiting-listDISCLAIMER: All information & details shared are meant to be for entertainment purposes only. This is not legal, financial, insurance, tax, or investment advice. This is not a solicitation for any investments and should not be construed as such in any form.All investments have risks. This is not an offer to purchase securities.#RealEstateDevelopment #ProjectManagement #CommunityEngagement #Financing #LowIncomeHousingTaxCredits #SoftDebt #UrbanPlanning #DevelopmentProcess #ProjectLifecycle #AffordableHousing #ConstructionManagement #FundingChallenges #HousingCrisis #ModularConstruction #BuildingConversions #CareerAdvice #Section8 #Podcast #MaxHeninger00:00 Podcast Trailer 01:45 Intro (Getting to Know Max: His Background and Story)12:37 Biggest Challenges in Affordable Housing Development – and How to Overcome Them! 17:03 What Is the Low-Income Housing Tax Credit and How Does It Work?19:01 What Percentage of Your Capital Stack Might 9% and 4% Tax Credits Provide?20:11 How 4% Low Income Housing Tax Credits and Bond Cap Allocations Work Together!34:50 How Do Project Managers Handle Construction Challenges?39:00 What is a Sr Project Developer Responsible For During Construction?42:05 Top Lessons from a Sr Project Developer in Affordable Housing!46:16 Why is Affordable Housing (e.g. lack of supply) hard to solve for?01:00:14 Where/How to contact Max?