This session will explore the innovative strategies used to preserve naturally occurring affordable multifamily housing in urban areas. Using the recent acquisition of a Baldwin Village property as a case study, panelists will discuss how Avanath Capital Management partnered with the City of Los Angeles to secure a long-term affordable housing covenant. Attendees will gain valuable insights into the legal, regulatory, and financial frameworks involved, as well as practical guidance on how these approaches can be applied across California to ensure the long-term affordability of similar properties.
Innovative Approaches to Sustaining Affordable Multifamily Housing
