Affordable Housing Institute

Affordable Housing Institute AHI is an impact consultancy specializing in affordable housing policy and finance for the Global South.

At AHI, we design, research, invest, and teach in service of the mission to increase global access to affordable housing. We partner with like-minded organizations that want to unlock the potential of emerging cities through housing. Overall, our activities fall under three primary realms: Consulting, Research and Innovation, and Impact Investing

"This is invaluable and essential in our current and future projects. The biggest take away and “aha” was learning that ...
06/01/2026

"This is invaluable and essential in our current and future projects. The biggest take away and “aha” was learning that relationships are the most valued asset in our industry, including the relationships built in this workshop.”

𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐅𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥𝐬 and 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐅𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥𝐬 start next week at Harvard Graduate School of Design. These bookended two-day courses come around only once a year.

Taught by AHI’s David Smith, these two courses provide an excellent introduction for real estate entrepreneurs or anyone adjacent to the business to enhance their understanding of real estate development and finance in a practical, hands-on environment with peers from around the world.

𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐅𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥𝐬
🗓️ June 9-10, on campus
🔗 https://ow.ly/SeFB50Z6aep

𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐅𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥𝐬
🗓️ June 11-12, on campus
🔗 https://ow.ly/vQbX50Z6aeo

💡 Sign up for one or save 10% with joint registration for both.

Real Estate Finance Fundamentals Learn the primary steps in the real estate financing processes, using examples from many asset types […]

05/28/2026

Some highlights from the World Urban Forum 🏡

AHI's Larry English, Davina Wood, and Margaux Morenas spent last week in Baku at , presenting innovative approaches to social rental housing and blended finance with colleagues and partners from around the world.

Stay tuned for more!

The Ulaanbaatar Green Affordable Housing Project, implemented by the Municipality of Ulaanbaatar and financed by the Eur...
05/27/2026

The Ulaanbaatar Green Affordable Housing Project, implemented by the Municipality of Ulaanbaatar and financed by the European Bank for Reconstruction and Development (EBRD), will consist of around 700 rental and rent-to-own affordable housing units that integrate high energy efficiency and green building standards.

Along with our local partner ICON Consulting, we're developing an institutional capacity development program for NOSK, the municipal company who will manage the project upon completion, to ensure that it can successfully manage the project as well as future affordable and green housing projects in Ulaanbaatar.

Earlier this month, AHI's Larry English and Sara Veronesi met with NOSK and other key stakeholders in Ulaanbaatar's housing sector, including the Housing Policy Agency, the Ministry of Construction and Urban Development, and the Mongolia Green Building Council.

Now, we're finalizing our assessment of NOSK’s current capacity building and training needs and developing a tailored program to ensure successful implementation of this project and future affordable and green housing.

Learn more: https://ow.ly/F7kN50Z2H6h

"A superior level course with relevant and current information from a true expert currently active in the field."We're o...
05/26/2026

"A superior level course with relevant and current information from a true expert currently active in the field."

We're one month out from our highly anticipated LIHTC workshop from Harvard Graduate School of Design Executive Education!

In this two-hour online workshop, AHI's David Smith will present a structural overview of the Low Income Housing Tax Credit, the importance and complexities of relying on it in your capital stack, and how each state’s Qualified Allocation Plan (QAP) implicitly tells you how to win.

🗓️ June 24, 11am - 1pm EST
🌐 Online
🔗

LIHTC Demystified: Navigating to Success A two-hour interactive workshop on the Low-Income Housing Tax Credit (LIHTC) program, its structural essentials, […]

DEADLINE EXTENDED! Apply to join the 𝐂𝐡𝐫𝐲𝐬𝐚𝐥𝐢𝐬 𝐇𝐨𝐮𝐬𝐢𝐧𝐠 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐨𝐫 by Sunday, 7 June.🔗 https://ow.ly/Xwl550YYkoz-...
05/22/2026

DEADLINE EXTENDED! Apply to join the 𝐂𝐡𝐫𝐲𝐬𝐚𝐥𝐢𝐬 𝐇𝐨𝐮𝐬𝐢𝐧𝐠 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐨𝐫 by Sunday, 7 June.
🔗 https://ow.ly/Xwl550YYkoz

--
𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐝 𝐡𝐨𝐮𝐬𝐢𝐧𝐠 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐞𝐫𝐬 𝐚𝐧𝐝 𝐡𝐨𝐦𝐞-𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐩𝐥𝐚𝐭𝐟𝐨𝐫𝐦𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐀𝐧𝐠𝐥𝐨-𝐀𝐟𝐫𝐢𝐜𝐚𝐧 𝐜𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬 are invited to submit an application for the second Chrysalis cohort, running from September 2026 to January 2027.

The application covers two components:
1. A structured application form covering your company overview, mission, target market, and business model
2. A financial proforma to capture project pipeline, project-level economics, and affordability profile

𝐖𝐡𝐨 𝐬𝐡𝐨𝐮𝐥𝐝 𝐚𝐩𝐩𝐥𝐲:
Established housing businesses (not early-stage ideas) that are:
🔹 Actively developing or delivering housing in Anglo-African markets
🔹 Seeking to move from project-by-project delivery to a scalable, finance-ready platform
🔹 Preparing to raise capital (debt, equity, or blended finance) for defined growth purposes

The program copay and travel costs must be covered by participating entities.

The AHI contingent at  !Larry, Margaux, and Davina have had a fantastic time in Baku connecting with partners and collea...
05/21/2026

The AHI contingent at !

Larry, Margaux, and Davina have had a fantastic time in Baku connecting with partners and colleagues from around the world, sharing insights on rental housing and blended finance, and joining several great sessions throughout the week.

👋 Live from  !AHI's Margaux Morenas on what works in low-income rental housing and Davina Wood Buckley on designing blen...
05/20/2026

👋 Live from !

AHI's Margaux Morenas on what works in low-income rental housing and Davina Wood Buckley on designing blended finance mechanisms for affordable housing.

On April 28, Building F, a new mixed-income property arising within Bunker Hill public housing, broke ground after an un...
05/19/2026

On April 28, Building F, a new mixed-income property arising within Bunker Hill public housing, broke ground after an unprecedented $50 million investment of hard equity by the Boston Housing Authority.

In a new article for Tax Credit Advisor Magazine, David Smith explores how proactive municipal approaches to equity can have transformative impact on communities.
🔗 https://ow.ly/2roK50YW03r

𝐀𝐇𝐈 𝐡𝐚𝐬 𝐛𝐞𝐞𝐧 𝐚𝐝𝐯𝐢𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐂𝐡𝐚𝐫𝐥𝐞𝐬𝐭𝐨𝐰𝐧 𝐑𝐞𝐬𝐢𝐝𝐞𝐧𝐭 𝐀𝐥𝐥𝐢𝐚𝐧𝐜𝐞, the tenant organization representing the 1,100 households at the Bunker Hill public housing complex, since 2017 - providing key technical and administrative support to the CRA as they navigate through the redevelopment, ensuring that tenants' needs are heard and included.

Learn more: https://ow.ly/Br7I50YW03t

Guru David Smith explores how proactive municipal approaches to equity can have transformative impact on communities.

𝐓𝐎𝐌𝐎𝐑𝐑𝐎𝐖 𝐚𝐭  #𝐖𝐔𝐅13: Blended finance mechanism design for affordable housingSee AHI's Davina Wood for a conversation on ...
05/19/2026

𝐓𝐎𝐌𝐎𝐑𝐑𝐎𝐖 𝐚𝐭 #𝐖𝐔𝐅13: Blended finance mechanism design for affordable housing

See AHI's Davina Wood for a conversation on the logic of distribution of public accountabilities and risks among stakeholders with divergent interests - Development Finance Institutions, investors, developers, and buyers - in blended finance models for affordable housing.

WEDNESDAY at  : Join a global peer-learning lab on low-income rental housing. Explore scalable models, finance, governan...
05/18/2026

WEDNESDAY at : Join a global peer-learning lab on low-income rental housing. Explore scalable models, finance, governance and policy tools, exchange practices with global experts, and co-create a playbook for affordable rental solutions across cities worldwide.

Join us! https://ow.ly/KKoh50Z13P5

Address

214 Cambridge Street
Boston, MA

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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