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.
Lenders say tax-exempt bond deals, low interest rates, GSEs brought more capital to affordable housing in 2015.
Lenders fought hard against stiff competition to make loans to affordable housing properties in 2013. Among those competitors, commercial banks once again crowd the top of affordable housing finance’s annual list of the biggest lenders.
