Advisory Center for Affordable Settlements & Housing

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Document Type General
Publish Date 27/09/2000
Author Estelle Peters
Published By The Enterprise Foundation Inc.
Edited By Suneela Farooqi
Uncategorized

Risks in Affordable Housing Development: Important Factors to Watch

All the goals necessary to achieve your housing production objective contain an element of risk. Though housing development is risky, nonprofit developers can control or reduce risk if they understand and identify specific factors that contribute to it. Inherent risk is always present, but there are a number of techniques that can help to control it. On the other hand, a nonprofit developer’s decision or negligent actions can cause needless risk. Needless risk can also be prevented by understanding and following proper procedures, hiring qualified staff, providing proper training and support to your staff and addressing issues early.

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