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July 01, 2014

Taking Aim at Targeted Affordable Housing

Rental Housing
Targeted Affordable Housing

It hasn't been this hard to find adequate, affordable rental housing in 50 years.  More than half of all U.S. renters are "rental-cost burdened," according to the U.S. Census Bureau's American Community Survey 2000-2011.  Lower-income renters tend to carry the heaviest cost burdens.

But attracting private capital to develop housing that's affordable to lower-income renters is a persistent challenge. Government subsidies help.  They also come with lots of requirements that property developers/owners must meet.  This makes the process of funding subsidized – or targeted affordable – housing a complex business that demands specialized knowledge and expertise.

Freddie Mac Multifamily's Targeted Affordable Housing team has it.  Take a closer look at how we’re making a difference.

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