How to Get $100 Million in Affordable Real Estate Developments: Tax Credits, Strategies, & Funding

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Publicado 2023-12-05
In this enlightening episode of "Earn Your Leisure," we sit down with renowned real estate developer Brandon Rule to explore the dynamic world of real estate and community development. From transforming housing projects into thriving mixed-income communities to the intricate process of funding massive developments, Brandon shares invaluable insights and personal experiences. Key topics include:

- The transformation of housing projects into mixed-income communities.
- The importance of building a solid resume for self-funding real estate deals.
- The role of affordable housing in bridging the wealth gap.
- The underrepresentation of Black professionals in managing major pension funds.
- A deep dive into the mechanics of real estate financing.
- The three tiers of securing HUD grants and their impact on community development.
- The need for greater Black participation in community development.
- Advocating for public service workers' access to high-quality housing.
- An inside look into the development of a $45 million mixed-use property.
- Beginner's guide to commercial development and scaling up.
- The benefits of maintaining strong relationships with city officials in real estate.
- The concept of reverse gentrification and its impact on local communities.
- Exploring Atlanta's 30% tax credit for film production and its implications.
- Distinguishing commercial real estate from community development.
- Understanding the application of tax credits in real estate projects.
- The reasons behind grocery stores' hesitance to move into lower-income areas.
- Recognizing and adapting to real estate cycles.
- The current opportunity to learn and grow in real estate.
- Brandon Rule's journey to securing a $50 million grant.
- Debunking myths around land investment strategies.

Join us in this comprehensive discussion, where Brandon Rule demystifies the complex world of real estate and sheds light on community development's critical role in society.

#RealEstateDevelopment #CommunityBuilding #BrandonRule #EarnYourLeisure #MixedIncomeCommunities #AffordableHousing #RealEstateFinance #HUDGrants #UrbanDevelopment #CommercialRealEstate #ReverseGentrification #TaxCredits #RealEstateCycles #LearnRealEstate #InvestmentStrategies #economicdevelopment

0:00 Intro & Recap From First Appearance
5:15 The Significance of the Madison Project
7:56 4% Tax Credit Deal Explained
10:01 Criticism From the Community
11:53 Working with Municipalities
13:00 Forming Allies
14:25 Process of Gathering Funding
17:54 Motivations Behind Building Affordable Housing
19:51 Can The Grocery Story/Housing Model be Replicated?
24:04 Getting Approved for Projects
25:48 When is the Time to Become Independent?
28:43 Strategy Breakdown for Scaling the Business
33:01 The 3 Most Valued Tiers for Community Development
34:40 Cities with Potential Development Opportunities
36:11 Difference between Commercial RE and Community Development
40:48 Getting Control Without Buying Land
43:43 Challenges Moving into Different Markets
48:33 Ownership Dilution When Partnering
50:08 Personal Experience in Getting Access to Capital
54:22 Resources Aspiring Developers Should Use
57:37 Is Affordable Housing Beneficial in Closing the Wealth Gap?
1:00:24 Real Estate Portfolio Outlook for Next 5 Years
1:06:35 Outro & Brandons Podcast

Todos los comentarios (21)
  • @Mlynne83
    Brandon hit the nail on the head when he said our community lacks the knowledge on how to get started. It's never that we as a people are lazy. Nothing was put in our communities that would make that type of information accessible. I love, love, love seeing us winning. And sharing knowledge and information. Now is the time, y'all. Get it and run with it!
  • @B_Rule06
    Appreciate everyone for tuning in. Feel free to drop comments or questions below.
  • @user-l2w7b
    The GOATS, The NERDS, The BRETHREN! Keeping it classy! Keeping it Real!, Lifting the culture! Representation to the Max! Love you guys !
  • @RYSEMagazine
    He mentioned Egbert Perry and his company Intergal multiple times. He is a pioneer in the commercial development space. You guys definitely need to get him on the show.
  • @Raymondjohn2
    I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
  • Making not less than $200k in different income flows that do not depend on the government is the wisest thought that is in millionaires minds today, I'm thrilled to share that my passive income exceeded $97k in a single month for the first time, this success reinforces the importance of the advices mentioned earlier, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH.... stock, silver and gold)
  • @troublman
    "Gentrification isn't bad, displacement is bad." ~ Brandon Rule
  • I just put 20 acres under contract right now!! I got a legit builder on the team and the construction funding setup!
  • I’m Retired Now so This might be something I can really get into in the near future. I’m here to learn more.
  • Thank you for all you do! No time for me to be complacent or to rest on my laurels. Trying to progress.
  • @krissssyyyyk
    That’s crazy to see this discussed about my city! The housing development is nice! Can’t wait til the grocery store opens up.
  • @FNGstores
    Fantastic interview! I thought his first one back in 2019 was amazing but he really slapped it out of the park this time. “Very rare air.”
  • @smartgirl7860
    I recently started watching yall podcasts a few months ago after seeing a clip on instagram. I’m genuinely happy that I found yall because the information yall share on these episodes is amazing and helped me tremendously because growing up I didn’t have the tools or a mentor around me. I hope that I’m successful in business one day like yall. Please don’t ever stop doing what yall are doing because it’s much needed 👏🏾💁🏾‍♀️🙏🏾
  • @fredstewart7270
    Excellent content and exceptional way of presenting community development
  • This was Golden information. Just made a huge light bulb go off in my head! Thank you for posting this. Very much appreciated way more than you could ever know.
  • @MrNOAH504
    Black folks that are supposed to be about black people, hating on black people. Smh... Glad it worked out for you brother.
  • @May_arcangeltv
    Have a bless night eyl, im at prayer us this season episodes...
  • @jahlbrown8361
    first interview was🔥🔥🔥- excited to hear about updates!!!! ya'll getting old too lol looking like educated, mature black men. vibe is different compared tot he previous interview as well ! Love this