American Dream Come True
Why Affordable Housing Is Good Policy, Good Business, and Good for America
by Tony Bertoldi
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Pub Date Jan 09 2024 | Archive Date Jan 09 2024
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Description
Can affordable housing make the American Dream an American reality?
The American Dream has always been built on the notion that no matter where you come from, you can be successful. Housing has always played a major role in making the American Dream a reality, but how exactly? In American Dream Come True, Tony Bertoldi leverages over two decades’ worth of experience in affordable housing to explain in clear and entertaining prose what affordable housing really is and who it impacts. Spoiler alert: all of us.
By debunking the common misconceptions about affordable housing, Bertoldi shows how supporting affordable housing is a benefit for the entire American ecosystem, and where you fit in. From addressing inflation, job creation, and creative ESG strategy, to reducing health costs for American taxpayers, Bertoldi shows how the Low Income Housing Tax Credit (LIHTC, pronounced LI-Tec) program creates a more balanced society where people from all backgrounds can work, live, and contribute to their community.
If there is any truth to the phrase “home is where the heart is,” then the call to action for all of us is the same―to put our heart into creating more affordable homes. It’s good for individuals. Good for families. Good for health. Good for business. Good for America.
Advance Praise
Tony is not just an expert in affordable housing finance, but he’s also a leader in the industry. He is “in the room where it happens” at every effort to address the most pressing issues facing affordable housing and an important part of the advocacy efforts to explain to policymakers on both sides of the aisle what affordable housing is and why it matters. His assessment that many of us in the affordable housing industry have difficulty explaining our very niche — but incredibly important —work is a story we all know too well, and this book takes on that challenge ambitiously, in plain language and with humor.
— Emily Cadik, CEO, Affordable Housing Tax Credit Coalition
Other publications demonstrate the success of LIHTC through an analysis of its historical portfolio performance. American Dream Come True and Tony Bertoldi illustrate its success by providing insight into the positive effects it has on residents by providing safe, quality affordable housing and neighborhoods by attracting private investment which results in the revitalization of areas that are in some cases substandard or neglected.
— Leila Ahmadifar, Seasoned LIHTC Investment Professional
Bertoldi combines his engaging personal story and passion for affordable housing in this brilliantly articulate and accessible endorsement of the low-income housing tax credit industry. This commonsense book will become a trusted reference for the affordable housing industry and illustrate the ever-changing challenges this country faces. American Dream Come True is a must-read for those interested in how housing policy has shaped our country and provides readers with an essential and heartfelt guide on what advocates are doing to ensure the progress continues.
— Vincent Monaco, Senior Vice President Syndications CREA, LLC
In American Dream Come True, Tony Bertoldi provides a commonsense approach to educating the reader of the misconceptions surrounding low-income housing and its value to our communities. His thoughts provide the reader with a historical analysis of the affordable housing crisis in America and how the continued expansion of that issue led bipartisan leadership to form the greatest affordable housing program ever created.
— Charles Anderson, Co-President CREA, LLC
American Dream Come True is a thoughtful and insightful book into the world of affordable housing. Bertoldi dispels the myths and clearly lays out the principles of the US affordable housing program and the current housing crisis. Most importantly, he provides us with a path forward.
— Thomas Pereira, Executive Vice President Syndications CREA, LLC
“[...] every politician and business leader should be required to read this book. Fixing homelessness is not a drain on businesses, but it can be a boon to them.”
— Readers’ Favorite
“American Dream Come True is a forward-looking manifesto that reframes a debate and offers persuasive encouragement to say yes to affordable housing.”
— BookLife by Publishers Weekly
“A well-researched, user-friendly introduction to the importance of affordable housing.”
— Kirkus Reviews
“American Dream Come True is a visionary book with a workable plan to make the US housing market more affordable.”
— Foreword Reviews
