The Phil Bak Podcast16 Jun 2025

Elliott White - Affordable Housing's Fee Machine

How fraud and waste turned affordable housing initiatives into a fee machine

Elliott White writes on Substack and Twitter/X under the handle ResetBasis.

At Hayden Glade, Elliott oversees the company's strategic direction through acquisitions, financing, and investor relations. Under Elliott's leadership, Hayden Glade has acquired more than 3,000 units through relationships with public/private for-profit owners, nonprofit partnerships, and the trust of various public entities in different municipalities.

Before founding Hayden Glade, Elliott was the head of acquisitions for Weston Associates, a regional affordable housing developer in Boston. At Weston Associates, Mr. White worked on various acquisition-rehab projects in Massachusetts, New Jersey, Georgia, Virginia, Maryland, Louisiana, and Mississippi. These projects utilized many different programs, including Low-Income Housing Tax Credits (federal and state), 1602 exchange programs, Section 8 rental assistance, Section 13A, Section 202, Section 236, HOME funds, CDBG funds, NHTF, and other subordinate debt.

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