By publishing this book the Associate Professor of Economics at ESCP Europe's Madrid campus, where he holds the BNP Paribas Professorship in Real Estate, thereby showed (if necessary) the kind of expertise he was bringing to the school.
Entitled Affordable Housing Development: Financial Feasibility, Tax Increment Financing and Tax Credits, the book written by Jaime Luque with California State University Associate Professor of real estate Nuriddin Ikromov and McNeese State University Assistant Professor William Noseworthy, explains the nuts and bolts of affordable housing development in the United States. Prior to joining ESCP in July 2018, he was an Assistant Professor of Real Estate and Urban Economics at the University of Wisconsin-Madison School of Business, where he did most of the research for this book. He also is the recipient of the 2017 Ideas Worth Teaching Award by The Aspen Institute Business and Society Program for his educational innovations to address affordable housing development. “Over several years Jaime Luque, Nuriddin Ikromov and William Noseworthy applied their analytical bent, and no small measure of empathy, to homelessness as actually experienced in Madison, Wisconsin – and they inspired multiple classes of urban economics students to join them,” explains Stephen Malpezzi, Professor Emeritus, James A. Graaskamp Center for Real Estate, Wisconsin School of Business, University of Wisconsin-Madison, and Dean, Weimer School of the Homer Hoyt Institute.
Researchers, policymakers and organizations in the public, private and non-profit sectors will find this book a valuable resource in addressing the concrete needs of affordable housing development: the authors evaluate a panoply of housing and social programs, complementing the usual top-down design perspective with practical analysis of the feasibility of actual developments and their effectiveness. “A ‘must read’ for all those seeking to address the growing and vexing problem of affordable housing supply. The authors provide important insights and practical demonstration of important financial tools often necessary to the financial feasibility of such projects, including tax-increment financing and the Low-Income Housing Tax Credit,” adds Stuart Gabriel, Arden Realty Chair, Professor of Finance and Director, Richard S. Ziman Center for Real Estate at UCLA.
To learn more about the BNP Paribas Professorship in Real Estate