A new $70 billion cap has been established for 2021 with a 50% mission-driven requirement with new and different criteria.
Tag Archives: Affordable Housing
The newest development migrating toward luxury, Class A apartment deals because higher rents are required to achieve a return on investment.
The average apartment rent has grown a lot faster than paychecks for many households. As a result, nearly half (47 percent) of the households—20.8 million—who rent their housing in the U.S. spent more than 30 percent of their income on rent in 2016, the most recent period for which data is available.