11.437J / 11.137 J
Financing Economic Development and Housing

How do you help promote good economic development and housing production? This class teaches financing tools and program models to support local economic development and housing. It provides an overview of public and private capital markets and financing sources to understand market imperfections that constrain economic and housing development. We will explore federal housing & economic development programs as well as state and local public finance tools. The class covers policies and program models, including revolving loan funds, guarantee programs, venture capital funds, community development loan funds, housing trusts, micro enterprise funds, and the tax credit programs. We will also explore public finance practice to learn how these finance programs affect other municipal operations. Students taking graduate version complete additional assignments.