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Developer Roger Bright urges subsidies, political leadership to expand affordable housing

Bluffton Affordable Housing Committee · December 5, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Roger Bright, who led Ferino’s Harvey Place development, told Bluffton’s committee that subsidies, streamlined infrastructure and strong political commitment are essential to create affordable units; he said Ferino would consider similar projects in Bluffton if conditions and financial incentives align.

Roger Bright, director of business development for Ferino, told the Bluffton Affordable Housing Committee on Dec. 5 that subsidy and political leadership are the defining elements of successful affordable‑housing development.

Bright described his experience developing affordable units in Louisville and at Harvey Place, saying the same unit can appraise at roughly $350,000 in the market while affordable units…

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