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BuzzHouse: How Essential Function Bonds are changing affordable housing financing
Feb. 18, 2025 · Authored by Garrick Gibson, Donald N. Bernards
Baker Tilly's podcast series specifically for professionals in the multifamily housing industry
On this episode of BuzzHouse, hosts Don Bernards and Garrick Gibson sit down with Peter Sherman, director of development for the Housing Authority of the City of Charleston, to discuss an innovative approach to financing affordable housing. With tax credits becoming increasingly competitive, Peter shares how his team navigated the challenges of financing the renovation of Kiawah Homes by leveraging their housing authority’s credit rating. If you work in affordable housing, this episode offers a fresh perspective on funding options that could transform your next project.
BuzzHouse hosts
Donald N. Bernards
Donald Bernards, principal in the real estate group with Baker Tilly, has been active in many aspects of affordable housing since 1999.
Garrick Gibson
Garrick Gibson is a principal with Baker Tilly’s development and community advisory practice. He has more than 15 years of experience, specializing in partnership tax concepts and tax incentivized real estate for development projects.
