Event details:
LAI Member $60
Guests $60
Carol Galante, Director, Terner Center for Housing Innovation: Policy Update & Modular Housing Opportunities
As home prices and rents continue to soar, we know that growing costs and stagnant productivity in the construction industry are a key part of the problem. Carol Galante, from the Terner Center, will discuss this and the cost and time savings potential of off-site construction of multifamily housing. She will explore this promising innovation poised at scale to significantly bring down the cost of housing. Carol will describe the work and current projects of the Terner Center, and discuss findings from their March 2017 paper, Building Affordability by Building Affordably: Examining the Benefits, Barriers, and Breakthroughs Needed to Scale Off-Site Multifamily Construction.
S P E A K E R B I O G R A P H Y
Carol Galante is the I. Donald Terner Distinguished Professor in Affordable Housing and Urban Policy, the co-chair of the Policy Advisory Board of the Fisher Center for Real Estate and Urban Economics, and the Faculty Director of the Terner Center for Housing Innovation, all at UC Berkeley. The Terner Center for Housing Innovation has a mission to formulate bold strategies to house families from all walks of life in vibrant, sustainable, and affordable homes and communities. As Faculty Director, Galante leads in the advancement of innovative and practical housing solutions in the private and public sector.
Prior to coming to UC Berkeley, Galante served in the Obama Administration for over five years as the Assistant Secretary for Housing/Federal Housing Commissioner at the U.S. Department of Housing and Urban Development (HUD) and as the Deputy Assistant Secretary for Multifamily Housing programs.
As FHA commissioner during the recent financial crisis, Galante provided key leadership in the housing sector, including strengthening FHA's infrastructure and policies while providing access to credit that helped stabilize the housing market. She also developed signature initiatives that provided better opportunities to low income families including Choice Neighborhoods and the Rental Assistance Demonstration Program.
Prior to her appointment at HUD, Galante was President and Chief Executive of BRIDGE Housing Corporation, the largest nonprofit developer of affordable, mixedincome and mixeduse developments in California. Galante has also worked for local government in city planning and community economic development. She holds a Master of City Planning from U.C. Berkeley, and a Bachelor of Arts from Ohio Wesleyan.
Carol Galante