Topic

Ten Principles for a New Era of Multifamily Rental Housing

A new housing landscape is emerging in which rental housing is poised to take a much larger role than it did in the decade leading up to the downturn. The ongoing turmoil in housing finance, demographic shifts, and changes in lifestyle choices means that renting is more attractive for many. The expectation of today’s and tomorrow’s renters are, however, different from those of the past. The Urban Land Institute (ULI) Terwilliger Center for Housing has developed 10 principles that will help communities, developers, and funders prepare for this changing landscape and work together to expand the availability and affordability of multifamily rental housing.

This presentation will walk through each of the 10 principles and provide specific examples of places that have put the principles to work. Many of the principles and examples are related to specific planning and zoning practices that can encourage multifamily housing development and create more sustainable, walkable, and inclusive environments.

ULI will be developing a report based on these principles in partnership with the American Planning Association and the National Multifamily Housing Council. The report and this presentation are based on some of the most current research on these practices and will pull from the knowledge base of all three organizations.

Participants at this event will gain an understanding of:

• Why there is a changing landscape for multifamily rental housing
• What needs to be put in place in order to be prepared for the new environment
• Examples of specific strategies that have been used
• Additional resources to learn more about the principles and strategies

Date & Time

Wednesday, June 25, 2014
10:30 a.m. - Noon

Location

4th Floor Board Room
County Administration Building (CAB)
14741 Governor Oden Bowie Drive
Upper Marlboro, MD 20772

CM

1.5

Speaker / Instructor Biography

Michelle McDonough Winters is a Visiting Fellow for Housing at the ULI Terwilliger Center for Housing. Ms. Winters brings almost 20 years of experience working in the housing and community development field on issues ranging from housing finance and policy to nonprofit capacity building. She is currently president of Winters Community Strategies, a consulting practice focusing on the intersection of affordable housing and sustainable communities.

Ms. Winters most recently led the sustainability initiatives of NeighborWorks America, where she developed the first organization-level green designation program for housing and community development nonprofits. She managed the organization’s national grant-making and technical assistance efforts to help nonprofits develop and manage more environmentally sustainable, affordable housing and communities. She previously served as program director for affordable housing preservation at the Local Initiatives Support Corporation (LISC), where she provided loans and technical assistance to nonprofit developers and managed an active federal policy agenda.

Prior to joining LISC, Ms. Winters spent nine years at Fannie Mae and the Fannie Mae Foundation in a variety of positions including Director of Regulatory Policy and Director of Mission Strategy and Community Analytics. During her time there, she was responsible for major policy efforts including overseeing the company’s policy and market analysis related to its federally-mandated affordable housing goals as well as managing an initiative to break down regulatory barriers to affordable housing development at the state and local levels. Earlier in her career, Ms. Winters conducted housing research at the MIT Center for Real Estate, the Urban Institute, and the Virginia Center for Housing Research. She has served as associate editor of Housing Policy Debate and editorial assistant for the Journal of Housing Economics.

Ms. Winters spent four years serving on the Housing Commission in Arlington, Virginia, from 2007–2010. She was chair of the Bricks and Mortar committee and served as chairman of the Commission in 2008. Ms. Winters has a Master's in City Planning from MIT where she specialized in Housing, Community and Economic Development, and she earned her Bachelor of Arts in Urban Affairs from Virginia Tech.