From Service Provider to Developer: How Healthcare Organizations Can Create Affordable Housing for Their Client Base

Authors

  • Justin Marshall Diamond and Associates, LLC

Keywords:

supportive housing, affordable housing, lihtc, health services, low income, Pennsylvania

Abstract

Providers of health services have an important role to play in creating supportive housing, where an affordable place to live is paired with appropriate services for a targeted population. Housing is an issue of health equity, and the need for supportive housing in the United States is great. Wesley Family Services demonstrated how a behavioral health nonprofit can succeed as a first-time affordable housing developer when it built the Pioneer Apartments in New Kensington, Pennsylvania. Health service providers should consider whether they can further meet the needs of their client base by creating new supportive housing.

Author Biography

Justin Marshall, Diamond and Associates, LLC

As a project manager for Diamond and Associates, Mr. Marshall provides development advisory services focused upon the planning, packaging, financing, structuring, closing, construction, leasing, and/or sale of affordable, multifamily housing development projects. Diamond and Associates serves national, regional and local nonprofit, for-profit, and public entity developers in Pennsylvania, Delaware, New Jersey, New York, and Ohio, among other states. Mr. Marshall has closed on developments comprising a total of more than 900 low-income units and $230 million in development costs. He has aided developer clients in securing a breadth of funding types for affordable housing, and has cultivated expertise at managing the disbursement processes of these financing sources. To all of his work, Mr. Marshall brings a keen eye for detail and a passion for creating high-quality affordable homes.

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Published

2023-09-13

How to Cite

Justin Marshall. (2023). From Service Provider to Developer: How Healthcare Organizations Can Create Affordable Housing for Their Client Base. Social Innovations Journal, 20. Retrieved from https://socialinnovationsjournal.com/index.php/sij/article/view/6605