The ULI Terwilliger Center for Workforce Housing will also beemphasizing private sector participation, Terwilliger told theaudience.
"What this center will do – and what I believe will make itdifferent from nearly every other affordable housing initiative –is that it will focus specifically on private-sector development ofhousing affordable to moderate-income workers," he said.
According to Taylor, Terwilliger's donation is the largest evermade by an individual to the institute.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
