SDG Detail

B8428-001Social Impact Real Estate

Postgraduate course

Project description

This course will explore what comprises, and how to develop and invest in �social impact� real estate projects. How do we define what constitutes �social impact� with respect to real estate projects? What are the financial building blocks and sources of capital available for developers and investors to utilize when putting together deals? Using examples of real deals, and focusing largely on U.S. urban markets, students will work through the challenges and opportunities of financing various types of projects, including: affordable and mixed-income housing, mixed-use, neighborhood retail, community facilities. Students will be exposed to a variety of financial tools (LIHTCs, tax-exempt bonds, NMTCs, etc.) and public sector programs that are necessary to make social impact projects feasible while also being asked to gauge whether the risk-adjusted returns warrant �doing the deal�.