The existing stock of affordable housing in the U.S. is becoming largely obsolete at the same time the development of replacement properties has lagged. As a result, the affordable housing supply in the U.S. is in crisis. In this episode of PGIM Fixed Income’s Fixed on ESG, David Klausner, ESG Specialist, sits down with Ola Hixon, Executive Director and Portfolio Manager on PGIM Real Estate’s U.S. Value-Add team, to discuss the state of affordable housing in the U.S. Ola describes the investment strategies that can be used to create more affordable housing and the role investors can have in addressing the crisis. Recorded on March 24, 2023.

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