Can Mixed-Income Multifamily Really Work?
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“In my most recent mixed-income community the entire building, all 112 units, rented within 90 days.”
MIAMI—Some are still questioning if mixed-income multifamily communities can really work. But Keith Poliakoff, who co-chairs Arnstein & Lehr’s Government Relations Practice Group in Fort Lauderdale, knows they can.
Poliakoff worked with the developers of Pinnacle at Tarpon River, a $32 million, 12-unit mixed-income and mixed-used development in Downtown Fort Lauderdale. One hundred units are designated for qualified affordable housing residents and 12 units are market rate rentals.
GlobeSt.com caught up with Poliakoff to discuss his thoughts on mixed-income challenges and opportunities in the final installment of our exclusive interview. You can still read parts one and two: Creating CRE Opportunities Where They Don’t Exist and The Biggest Challenge With Affordable Housing…
Can Mixed-Income Multifamily Really Work?
