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Real Estate & Property Law

: Housing Wire

Housing Pain Spreads into Multifamily Sector, NAHB Says

By PAUL JACKSON

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Suggesting that capital markets turmoil is now affecting multifamily apartment owners and developers, the National Association of Home Builders suggested Wednesday morning that apartment developers are finding it difficult to fund future projects, especially those financed with Low Income Housing Tax Credits (LIHTC). “Despite a demand for our product that far exceeds the supply, affordable apartment [...]

Full post as published by Housing Wire on January 21, 2009 (boomark / email).

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