Real Wealth Show: Real Estate Investing Podcast · Kathy Fettke / RealWealth

Why Developers Are Pivoting to Affordable Housing with Evan Holladay

·31 min·1 clip
Evan says affordable housing lets him help people, build assets, and create legacy and wealth at the same time.
1. Real Wealth Show with Kathy Fetke focuses on Evan Holladay and affordable housing investing. 2. Kathy Fetke hosts, Evan Holladay is the guest, and Holiday Ventures is his company. 3. The episode asks how affordable housing actually works for investors and developers. 4. Evan defines affordable housing as quality housing a family can afford on its budget. 5. He says Holiday Ventures targets households making 30% to 80% of area median income. 6. He adds that rent and utilities should stay at no more than 30% of monthly income. 7. Evan says his for-rent deals use the low-income housing tax credit program. 8. He says those credits can cover about 40% of the capital stack. 9. He names U.S. Bank, PNC, and Wells Fargo as buyers of the credits. 10. He describes a for-sale project with a $3 million grant for 20 first-time homebuyer townhomes. 11. Evan says he started with a University of Louisville economics degree after dropping pre-med in chemistry class. 12. He says a student-housing development on campus pulled him into leasing work at age 19. 13. He says a nonprofit serving single parents showed him housing, mentorship, and education could work together. 14. Evan says he and his wife started Holiday Ventures from a one-bed, one-bath apartment and one car. 15. He says he began with a bonus from a deal closing and then built over 1,200 units of new construction affordable housing. 16. He says his team became the number one affordable developer in the country in units closed for two years in a row. 17. Kathy frames the interview as a practical conversation with a developer who turns tax credits, grants, and partnerships into projects. 18. Evan speaks in a direct interview style and gives detailed examples from Louisville, Brownsville, Baton Rouge, Nashville, and South Louisiana. 19. Real estate investors, developers, and operators interested in tax-credit housing. 20. Listeners looking for celebrity news or light entertainment.

As heard by us

A plainspoken introduction to how affordable housing works for investors and developers.

The piece treats affordable housing as a working subject, not a slogan. Kathy Fetke keeps the focus on Evan Holliday's experience, and the discussion stays close to the basics: what affordable housing means, how it works for investors and developers, and why it may be worth a…

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Get a plain-English look at affordable housing from the investor and developer side.

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