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Jessamyn Duvall
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APPEARANCES
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Oct 1, 2026
How to Fix the Affordable Housing Gap
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4:15Jessamyn DuvallGUEST
I know that it is harder and harder to build affordable housing that, you know, when you are trying to finance an affordable housing project, in this case, affordable, I call it the capital A affordable housing, meaning affordable.
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4:29Jessamyn DuvallGUEST
It is affordable, costing less or 30% or less of the household income of someone under the area, 60% of the area median income, if that makes any sense.
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4:44Jessamyn DuvallGUEST
I know that from my role on the board of the Housing Commission, they're working on a project that I think has... maybe 15 different funding sources in order to get the project through.
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4:56Jessamyn DuvallGUEST
The head of the Housing Commission recently said he was on a closing call with 37 people, half of whom were attorneys.
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5:05Jessamyn DuvallGUEST
So it's a combination of the sort of regulatory hoops that you have to jump through to build any kind of new construction now, in addition to the complications of trying to build housing that is not designed to make a profit.
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8:31Jayne MillerHOST
Jessamyn, the project that you mentioned that is underway, how long has that been underway? How long has that been either in the planning stage or wherever it is now?