How Anchor Companies are Tackling Affordable Housing Issues in their Communities

In a panel hosted by Fannie Mae and Urban Institute, AJ Jackson, Executive Vice President of Social Impact Investing for JBG Smith, shared the impact affordable housing can make on a region: “What we as a company realized is that housing is critical to infrastructure. It’s as important as transportation and education for the region’s long-term growth and health. The Washington Housing Initiative became our solution to use our skills and talents as a company to try and address affordable housing.” Jackson also discussed the Impact Pool, which provides secondary financing to acquire or develop affordable housing communities, enabling the owners and developers to secure long-term, lower-cost permanent financing.