Tommy Dobczyk explains how the Missing Middle Program lets investors buy vacant lots for $1 and access up to $150,000 per unit in government incentives. Building a 3-unit structure can generate $300,000 to $450,000 in total funding.
Missing Middle Program Guide, a strategic breakdown for deal hunting and development. So basically what it does is it sort of, for us, what we can do is we can find discounted land, get public incentives. The public incentives, like I think one of them says it's for a dollar. You can get, you can right there. It's a selling vacant lots for a dollar and they'll provide up to $150,000 per housing unit. So if you do a 2-flat or a 3-flat on one property, you're getting $300,000, $600,000, $300,000 to $450,000 because you're doing a 2-flat or a 3-flat house, right? So it's a public-private infill redevelopment strategy. And so here's where the big opportunity is.
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