Working Toward a More Affordable Housing Market
Here’s how the U.S. can take steps forward in this uphill battle.
Multi-Housing News | Oct. 4, 2021
The COVID-19 crisis has made it clear that access to affordable homes is essential for individual and public health. In the U.S., there are more than 7.5 million extremely low-income renters spending more than half of their incomes on housing, according to a recent report from the National Low-Income Housing Coalition. “Such cost burdens lead too often to housing instability and homelessness,” the report highlighted.
According to Sam Isaacson, president at Walker & Dunlop Investment Partners, certain hotel assets might be converted more efficiently than others due to their construction and suite style.
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