In “Housing Policy for the 21st Century,” William Higginson outlines several key policy recommendations he says “would have a dramatic effect on affordable housing.”
“A sound housing policy for the twenty-first century,” writes Higginson, “will embrace a new paradigm describing the nation’s housing market. It is not two markets, one private and one ‘affordable.’ It is one market in which all people, regardless of income, can pursue their housing dreams. This theoretical construct becomes reality through a few key reforms to today’s public housing programs.”
Higginson is the retired president and CEO of Chicago Equity Fund, a Chicago-based real estate investment fund, and its four affiliated companies. Over a 20-year career he has developed and invested in hundreds of affordable housing projects in Georgia and Illinois.