Price Gap Agreement

Projects

The Price Gap Agreement is a market-based financial instrument designed to close the housing affordability gap without government subsidy. Below are the current project documents and deployment analyses.

Pilot Program

Seattle Pilot Project

Comprehensive policy brief for the PGA Seattle pilot — the first market deployment of the Price Gap Agreement, in partnership with Mayor Katie Wilson and Second Muse.

Policy Brief

Deployment Analysis

7-City Priority Deployment Report

Full deployment analysis across seven priority cities — Seattle, Denver, Portland, Boston, Miami, Washington D.C., and Vancouver, BC — including city-by-city scorecards, rent subsidy impact, affordability outcomes, and phased deployment timeline.

Analysis Report

Financial Model

7-City PGA Analysis Chart

Interactive spreadsheet viewer with full assumptions, rent subsidy analysis across all seven cities, and key findings summary. Includes program parameters, HUD income limits, and rent burden calculations.

Interactive Viewer (Excel download also available)