The city of Naperville has taken an initial step towards requiring developers to include affordable housing in their plans, but the city council wants to be careful not to stymie development.
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President-elect Joseph Biden has offered tax proposals that, if enacted, would substantially impact developers, operators, and managers of multifamily housing.
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 76.6 percent of apartment households made a full or partial rent payment by January 6 in its survey of almost 11.3 million units of professionally managed apartment units across the country.