Brad Padden, founder and CEO of Housing Diversity Corporation, joins the show to discuss how Opportunity Zones can help fulfill housing abundance and job creation in economically distressed communities.
Watch On YouTube
Episode Highlights
- Housing Diversity Corporation’s model of multifamily development — bringing higher density, lower cost apartments to core neighborhoods — primarily for young individuals, couples, and seniors.
- How regulations like density limits and parking requirements in certain cities have contributed to the current housing affordability crisis.
- Key distinctions between the Seattle and Los Angeles Opportunity Zone housing markets.
- The widespread criticism of Opportunity Zones to date, and how OZ funds and investors can steer clear of such criticism by adhering to the spirit and intent of the policy.
- How to measure the social and environmental impact of Opportunity Zone projects.
Featured On This Episode
- US housing market is short 5.5 million homes, NAR says (HousingWire)
- Opportunity Zones in Seattle (OpportunityDb)
- Opportunity Zones in Los Angeles (OpportunityDb)
- Senate Finance Chair Queries Opportunity Zone Funds (OpportunityDb)
Today’s Guest: Brad Padden, Housing Diversity Corporation
About The Opportunity Zones Podcast
Hosted by OpportunityDb.com founder Jimmy Atkinson, The Opportunity Zones Podcast features guest interviews from fund managers, advisors, policymakers, tax professionals, and other foremost experts in opportunity zones.
