USDA Rural Development has launched a 24-month pilot designed to make it easier to preserve and transfer federally supported rural rental properties, a policy change that reaches a portfolio of roughly 400,000 affordable apartments.The agency announced the Multifamily...
We use the term “affordable housing” constantly in this industry. I use it. WRE News uses it. Developers, elected officials, housing agencies and advocates all use it. The problem is that two apartments can both legally and accurately be described as affordable...