Best Career Advice for Affordable Housing
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“Some may associate the word “networking” with shallowness, but it is actually a positive practice that is essential to any professional in business, especially in the real estate industry,” says Greenwald.
WASHINGTON, DC—“New opportunities are plentiful for those looking in the right places and possessing a solid strategy.” That is according toAlan Greenwald, a partner with executive search firm Terra Search Partners. We recently chatted with Greenwald about advice on career planning in affordable housing, and how to balance the overall mission while still focusing on career advancement.
GlobeSt.com: What would you say is the biggest challenge affordable housing developers face in today’s market?
Alan Greenwald: Both non-profit and for-profit affordable housing developers, investors, managers, and lenders are faced with shrinking capital resources, fewer public subsidies, and smaller affordable housing companies dissolving or absorbing into larger ones, which are looming in the wake of the Great Recession. This changing landscape has made a career in affordable housing more challenging for current practitioners as well as those looking to start out or segue into an affordable housing career…
