Too many financing sources to develop coherent matrix so this group focused on PACE financing.
Conclusions about PACE for affordable multifamily:
Success of PACE is driven by local structures and policies
- Municipalities can create friendly environment
- Critical developer elements: time and motivation to follow through
Follow up: Research existing programs serving mf affordable rental
- Case studies of successful programs
- Helping others learn from cases and incorporate successful elements into existing and future PACE programs