Also by Reinvestment Fund

Interns

Alex Abramson
Policy Solutions Intern

Where do you go to school and what are you studying towards?

I recently graduated from Macalester College, where I studied Economics and Geography with a focus on land use policy and residential real estate markets. This fall, I will be pursuing my master’s degree in the University of Pennsylvania’s Urban Spatial Analytics program. By combining data-driven, technical, analytical skill and domain knowledge of residential and commercial real estate markets and policy, my goal is to work within existing markets to create vibrant, sustainable, and equitable communities.

What attracted you to Reinvestment Fund for a summer internship?

The first time I saw Reinvestment Fund’s Market Value Analyses (MVAs), I was blown away.  It was a more thorough, accurate, and professional execution of work I’d been trying to do throughout college. Reinvestment Fund’s commitment to building affordable housing and fostering healthy communities through practical, concrete, data-driven methods is an inspiration to me. I couldn’t imagine anything better than learning on the job and I’m thrilled to have the chance to contribute.

What are some of the things you will be working on for Reinvestment Fund during your internship? What do you hope to learn from your internship here?

My main project this summer is an analysis of Naturally Occurring Affordable Housing, known as “NOAH.” NOAH refers to unsubsidized, private market housing at price points affordable to lower and middle-income households. It’s a phenomenon that’s received a lot of press in the affordable housing policy world but doesn’t yet have a strong base of research. This summer I’ll be conducting interviews and scouring the internet to put together a comprehensive research report on NOAH and its suitability as a strategy for Reinvestment Fund and Reinvestment Fund’s partners.

Aside from this I’m also getting involved in analyses of scattered-site affordable housing preservation, the production Market Value Analyses, and other branches of Reinvestment Fund’s work. Reinvestment Fund’s decision-making and implementation strategies as a lender are also of great interest to me, and I hope to leave Reinvestment Fund with a better understanding of CDFIs, policy analysis, and residential and commercial real estate markets.

Share something interesting you have learned about Reinvestment Fund or the industry in your time here.

I hadn’t realized how many different ways Reinvestment Fund invests in communities, and I hadn’t realized how fast Reinvestment Fund was growing from a regional to a national CDFI. Both are happy developments and I’m thrilled to see Reinvestment Fund’s reach and impact growing!

Is there anything else that you would like to share that we didn’t ask you?

I only moved to Philadelphia a couple weeks ago and I’m excited to get to know the city and region better. I’m exploring as much as I can, and if you have any tips or recommendations for places to see, things to do, and food to eat, I would love to hear them!

College(s) attended: Macalester College, Undergraduate Bachelor of Arts in Geography and Economics (graduated May 2018); University of Pennsylvania, Graduate Master of Urban Spatial Analytics (expected graduation May 2019)