The Impact Real Estate Podcast: The Summer Series with David Ginsberg

On this episode of the Impact Real Estate Podcast, we conclude our Summer Series by revisiting our 2020 conversation with David Ginsberg, Senior Vice President at WinnDevelopment. We talk about his journey to Winn Companies, the three things that attracted him to affordable housing and he breaks down what you can do to help build more impact real estate where you live. Apple Podcasts: https://apple.co/3I3nkG9Spotify: https://spoti.fi/35ZJGLTWeb: https://www.jacksonlucas.com/podcast/summer-david-ginsbergChapters00:00 Introduction and Personal Background02:51 Overview of Winn Companies05:12 Process of Affordable Housing Development08:04 Types of Tax Credits for Affordable Housing10:53 Competition for Funding14:11 Benefits and Challenges of Affordable Housing Development17:34 David Ginsberg's Background and Path to Affordable Housing20:56 Importance of Urban Studies in Development23:46 Community Impact of Affordable Housing Development26:33 Experience in the Public Sector27:30 Preserving Affordable Housing29:27 Partnerships in Affordable Housing30:23 The Rental Assistance Demonstration (RAD) Program31:53 Addressing the Affordable Housing Crisis33:16 Success in the Affordable Housing IndustryTakeawaysWinn Companies is a family-owned development company that manages affordable housing units and military housing.Affordable housing development involves a complex process of securing funding, including tax credits and loans.State and local support is crucial for the success of affordable housing projects.The competitive nature of funding allocation requires developers to be creative and strategic in their approach.Affordable housing development has a significant impact on communities, providing housing opportunities and improving quality of life. Preserving affordable housing is crucial to provide housing opportunities for families and individuals who have lived in the community for years.Partnerships with other affordable housing companies, nonprofit organizations, and housing authorities can help fill funding gaps and complete projects.The Rental Assistance Demonstration (RAD) program allows housing authorities to partner with private developers and preserve affordable housing.More resources and legislative changes are needed to address the affordable housing crisis and ensure that people have access to affordable housing.Networking, working well with others, and continuously learning are key factors for success in the affordable housing industry.