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.
The 71-unit development will house individuals and two-person households earning between 30% and 70% of the area median income.
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.
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.