Costs are still high, and interest rates are still volatile. However, with a little less uncertainty, top affordable housing lenders hope to make more deals this year.
Lenders have kept affordable housing deals alive and found new ways to finance workforce housing projects.
Rising rents, higher costs, and new resources speed up the race to make loans for developments.
Developers are implementing strategies to access these tax benefits.
After near-perfect 2016, affordable housing lenders are facing an uncertain 2017.