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#285 - Gabe Bodhi - CEO of Tekton Group - Expert in Sub-Institutional Multi-family investments
The Fort - An Entrepreneurship Podcast
The Power of Affordable Housing
Last year, Denver City Council passed legislation requiring all new developments to have a certain percentage of affordable units. So there's this huge rush to submit their plans before June 30th of last year. Plans to biddles have fallen off 90 plus percent because everybody wanted to get their plan in beforehand. It's unclear whether or not they will actually get built. I think if you want more cheap housing, you need to let people build more and make it easier for people to build.
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