Total 11 Posts
Affordable housing consists of housing units designed to meet the needs of lower-income residents. In the U.S., many affordable housing units are developed by using LIHTCs (Low Income Housing Tax Credits). In addition, many units are kept affordable via HUD's Section 8 program, which pays rental subsidies directly to property owners.
Affordable Chicago Apartments Break Ground
The $43 million development, expected to deliver in 18 months, will add 58 units to the Auburn Gresham neighborhood.
Alta Housing Opens Silicon Valley Affordable Housing
The 71-unit development will house individuals and two-person households earning between 30% and 70% of the area median income.
Beachwold Residential Grabs $302M Refi
Walker & Dunlop structured the Freddie Mac financing package, which covers a 2,286-unit Connecticut portfolio.
Suburban DC Property Trades for $52M
The joint venture buyer will invest $8 million to convert the 198-unit asset into affordable housing.
NEF Closes Out $2.2B Investment Year
Amid a growing affordable housing crisis, one of the largest LIHTC syndicators reports its highest-ever year for investment.
Arbor’s Geoff Platt Discusses Fannie, Freddie, and the Multifamily Market in Q4 2019
This week, Multifamily.today sat down with Geoff Platt, Vice President at Arbor Realty Trust, a major agency and HUD/FHA multifamily lender, to discuss trends regarding Fannie Mae and Freddie Mac multifamily financing, among other important trends in the multifamily industry.
Expert Insight: Bill Weidner Discusses The Multifamily Market in Q4 2019
Last week, Multifamily.today sat down with Bill Weidner, an NYC-based investment real estate broker and host of the Realty Speak podcast, to discuss the current state of the multifamily market.