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Building more affordable housing difficult for tri-county developers

By   /  Friday, November 11th, 2016  /  Columns, Latest news, Real Estate  /  Comments Off on Building more affordable housing difficult for tri-county developers

Building affordable housing can be anything but affordable for developers. Developers often need some sort of subsidy for affordable projects to pencil out, given the fact that they will receive below-market rents. Yet, the arena for federal income tax credits is becoming increasingly competitive. Projects are rated on a point system for the Low-Income Housing Read More →