The Impact Real Estate Podcast: The Summer Series with Sam Moss
On this episode of the Impact Real Estate Podcast, we continue our Summer Series by with a throwback to 2020 and Sam Moss, the Executive Director at Mission Housing Development Corporation in San Francisco. Chris and Sam chat about the challenges and successes of building affordable housing in one of the country's most difficult markets. Don't forget to check out Sam and a panel of affordable housing leaders during "Unlocking Affordable Housing Solutions: Insights from the SF Bay Area" a Jackson Lucas webinar on Sept. 17. Register on our Linkedin page.
Mission Housing is a nonprofit organization that focuses on developing and managing 100% low-income housing. They also prioritize resident and community services to ensure that their properties benefit everyone in the surrounding neighborhood. Moss explains the complex process of financing affordable housing projects, which involves multiple funding sources and partnerships with other developers. He also discusses the impact of redlining and zoning policies on housing development in San Francisco. Moss shares his experience working as the executive director and emphasizes the importance of community outreach and collaboration. Sam and Chris also discuss the complexities of affordable housing and the importance of collaboration in the industry. He shares his personal journey into the field and highlights the tangible impact of affordable housing projects.
Apple Podcasts: https://apple.co/3I3nkG9
Spotify: https://spoti.fi/35ZJGLT
Web: https://www.jacksonlucas.com/podcast/summer-sam-moss
Chapters
00:00 Introduction to Mission Housing Development Corporation
02:22 The Focus on Affordable Housing and Community Development
03:50 Challenges of Building Affordable Housing in San Francisco
07:13 The Evolution of Financing Affordable Housing Projects
10:30 The Impact of Policies on Housing Development in San Francisco
14:19 Redlining and Zoning in San Francisco
16:11 Recent Progress in Affordable Housing Development
19:00 The Balboa Reservoir Project
22:49 The Role of the Executive Director
27:10 Providing Holistic Services and Programs
29:02 The Complexity and Collaboration in Affordable Housing
42:16 The Tangible Impact of Affordable Housing
45:12 Mission Housing's Leadership Role During COVID-19
49:00 The Countercyclical Nature of the Affordable Housing Industry
Takeaways
Mission Housing Development Corporation is a nonprofit organization that focuses on developing and managing 100% low-income housing in San Francisco.
They prioritize resident and community services to ensure that their properties benefit everyone in the surrounding neighborhood.
Building affordable housing in San Francisco is challenging due to high construction costs and complex financing processes.
Redlining and zoning policies have had a significant impact on housing development in the city.
The executive director of Mission Housing plays a crucial role in project management, community outreach, and advocacy for affordable housing. Affordable housing is a complex industry that requires collaboration among various entities, including developers, consultants, and government agencies.
Being a project manager in affordable housing requires a diverse skill set and the ability to navigate complex financial analysis.
Affordable housing has a tangible impact on communities, transforming neighborhoods and providing much-needed housing for low-income individuals and families.
Mission Housing has taken a leadership role in addressing the challenges of COVID-19, implementing safety protocols and providing essential services to residents.
The affordable housing industry is countercyclical and can thrive even during economic downturns, providing opportunities for development and investment.