Demystifying the Affordable Housing Conversation with Mike Lohmeier

Why is affordable housing one of the most misunderstood investment opportunities in real estate? In this episode of PlotLines, co-hosts Heather and Britni sit down with Mike Lohmeier, Chief Investment Officer at IMPACT Community Capital, to uncover the often-overlooked truths about affordable housing investments.

Mike offers a fresh perspective on why the housing affordability crisis is a structural issue that has been building for decades rather than a sudden or temporary challenge. He explains how multifamily, especially affordable, investments can be both financially stable and socially impactful—making them a compelling but underutilized asset class for institutional investors.

Throughout the conversation, Mike addresses the biggest misconceptions about risk and returns in the affordable housing sector. While the common perception is that these investments carry higher risks, Mike emphasizes the stability and long-term value they offer, particularly when compared to other asset classes. He also shares insights on how rising interest rates and multifamily demand trends are shaping the market landscape, providing a clearer understanding of what’s really driving the affordable housing conversation.

Tune in to this week’s episode to hear why Mike would rewrite the headline as “Surprise improvements in affordable housing have unlikely cause, increasing institutional investment.” 

Listen to the full episode below and follow along for our next guest!