News: Brokerage

X-Caliber Capital’s CEO, Callahan, examines affordable housing crisis in new report

X-Calibercap.com/a-special-report-do-investors-and-lenders-hold-the-critical-keys-to-solving-housing-the-affordable-housing-crisis/">Irvington, NY X-Caliber Capital, a national, direct commercial real estate lender focused on impact lending, released an in-depth report by its president and CEO, Chris Callahan, surrounding the plight of affordable housing. The report, titled "Could Investors and Lenders Hold the Critical Keys to Solving the Affordable Housing Crisis?", investigates the factors surrounding the issue and explores the importance of innovative public-private partnerships as a remedy to help move the needle in the right direction.

The whitepaper states the nation is at a critical time of action with the supply of rental stock not meeting current demand. Furthermore, it outlines the pandemic’s impact on worsening the crisis, as growing demand is putting pressure on an already limited supply. As a result, there appears to be an increase in innovative public-private partnerships focused on finding new ways to work together to address the problem. 

“The concept of public-private partnerships playing a role in helping build and preserve affordable housing has been around for years,” said Callahan. “As an FHA lender who is heavily involved in both affordable and market-rate multifamily transactions, new, innovative partnerships would allow both entities to share the risks and rewards of their investment and advance their business goals while directing capital that makes meaningful impacts.” 

The report includes detailed data and insights and explores the crisis and the evolving landscape through the lens of various possibilities and thought-provoking considerations. The whitepaper examines the state of affordable housing today, how affordability is currently evaluated, and explores some opportunities and benefits for owners, managers, lenders and mission-oriented investors to invest smartly while delivering possible solutions to alleviate the growing problem.

To access the full report, X-Calibercap.com/a-special-report-do-investors-and-lenders-hold-the-critical-keys-to-solving-housing-the-affordable-housing-crisis/">click here.

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