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April 09, 2020

Small Multifamily Properties with Andrew Jakabovics

Small properties are a critical source of affordable multifamily rentals. In this episode, Steve and Corey talk with Andrew Jakabovics, vice president for policy development at Enterprise Community Partners – a national nonprofit that focuses on housing affordability. Together they discuss challenges to preserving small multifamily units, their on-going affordability, market trends and research into this segment of the market.

Click here to read the report Andrew references, titled, Why Are Small and Medium Multifamily Properties So Inexpensive?

  • Chapter 1: 0:00 - 13:30 – Defining small multifamily properties and Enterprise’s role
  • Chapter 2: 13:30 - 25:30 – Regional considerations and differences
  • Chapter 3: 25:30 - 32:00 – Risk of loss of affordability
  • Chapter 4: 32:00 - end – Looking ahead

Listen to other episodes in the series.

 

This podcast is for informational purposes, and is not advocacy, legal interpretation, nor a statement of policy. Reference to any specific product or entity does not constitute an endorsement or recommendation by Freddie Mac unless explicitly stated. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Freddie Mac employees are those of the employees and do not necessarily reflect the view of Freddie Mac or any of its officials.

About the Podcast Hosts

Steve Guggenmos

Steve Guggenmos
VP Research & Modeling

Steve leads multifamily research at Freddie Mac. In this role he performs research related to national and market-specific multifamily conditions. His team supports the multifamily business by developing models and quantitative approaches that determine risk-based capital allocations. The models capture loan level risks and also the benefits of the diversification and structural credit support for pools of multifamily mortgages, supporting the core business strategies of Freddie Mac Multifamily.

Corey Aber

Corey Aber
Senior Director of Mission, Policy and Strategy

Corey is the Senior Director of Mission, Policy and Strategy at Freddie Mac Multifamily. In this role, he oversees our Duty to Serve initiatives as well as research and development activities that further our support for affordable housing and underserved markets nationwide.

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