Linda Mandolini, Executive Director of Eden Housing, explains the basics and the impact the subprime crisis has had on affordable housing
Even in a booming economy, there are many who fall through the cracks and need assistance in procuring appropriate, affordable housing. In this inaugural episode of the Affordable Housing Podcast, brought to you by Eden Housing, Eden’s Executive Director, Linda Mandolini, describes why such housing is critically important, who is eligible, and how the recent subprime mortgage crisis is impacting the industry. Home ownership clearly isn’t for everyone and it’s important for people to be financially literate so that they won’t fall prey to unrealistic loan products and those who sell them. Part of what Eden and other affordable housing nonprofits do is to counsel tenants and provide a range of support services to help people enhance their lives and increase their options for success.