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Aug 11
52m 9s

Affordable Housing: The Hidden Real Esta...

Matt Aitchison
About this episode

In this episode of Money Moves, Matty A. sits down with Morgan Keim, real estate investor and founder of Ocean Ridge Capital, to explore the rising potential of affordable housing as both an impact and profit-driven real estate strategy.

Morgan explains how affordable housing differs from Section 8, what AMI (Area Median Income) means, and how to leverage underutilized assets like motels and multifamily properties into sustainable, cash-flowing communities.

This episode uncovers how government incentives, tax credits, and public-private partnerships can make affordable housing projects not only feasible but highly lucrative—especially in 2025 as policy and demographic trends converge.


What You’ll Learn:

  • What qualifies as affordable housing (and what doesn’t)
  • Why investor interest in this space is accelerating
  • How to use adaptive reuse for affordable housing conversions
  • The role of public programs, grants, and tax incentives
  • Misconceptions that hold investors back from entering the market
  • Why 2025 may be the best time to get involved
  • Long-term strategies for impact-minded real estate investors


Timestamps:

00:00 – Morgan’s background in real estate and development

04:00 – Defining affordable housing and AMI

08:00 – Why the investment thesis for affordable housing is so strong

13:00 – Real-world conversion strategies and deal structures

17:00 – Funding: tax credits, grants, and city partnerships

21:00 – Addressing myths around tenants, turnover, and red tape

25:00 – Macro trends and why timing matters

29:00 – Final advice for investors who want to make a difference


Connect with Morgan Keim

Episode Sponsored By:

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