With initiatives to grow an affordable single-family rental housing portfolio and its operations, Progress Residential and Pretium have appointed leadership to execute the growth strategy.
The partnership’s pilot program will allow veterans in certain areas to use their HUD-VASH housing choice rental assistance vouchers to partially subsidize homeownership expenses.
Commissioned by the National Multifamily Housing Council and the National Apartment Association, the study shows the need for 266,000 new apartment homes each year.
The funding round will allow Stake to further build out its financial infrastructure and solutions for difficulties renters and property owners face.
