Commercial Real Estate
A Closer Look at Pacific Northwest Affordable Housing Trends
Bob Powers, Executive Director and Pacific Northwest Market Leader at JPMorgan Chase Community Development Banking, spoke with Affordable Housing Finance about important Pacific Northwest trends.
Skyrocketing single-family home prices are not the only story in the Pacific Northwest—affordable housing opportunities and challenges are also in the spotlight.
Bob Powers, Executive Director and Pacific Northwest Market Leader at JPMorgan Chase Community Development Banking, recently spoke with Affordable Housing Finance about trends in the affordable housing space in the Washington-Oregon-Idaho region, including:
- Increased activity in low-income housing tax credit (LIHTC) projects
- Regional opportunities and constraints, and how they’re being approached
- The firm’s $30 billion commitment to providing financing for affordable units, community investments and new loans for construction and rehabilitation