Affordable Housing Program in Philadelphia
People without easy access to capital are participating in a program in Philadelphia to create more affordable housing and support non-traditional developers.
Key Points
- Program aims to address housing affordability issues in Philadelphia
- Encourages diversity in the housing development industry
- Provides opportunities for individuals without easy access to capital
Pros
- Creating more affordable housing options
- Supporting non-traditional developers
- Increasing access to capital for underrepresented groups
Cons
- Potential lack of experience in housing development
- Risk of financial challenges for participants