Affordable Housing Trends Snapshot — Fall 2022
Arbor’s latest Affordable Housing Trends Report, produced in partnership with Chandan Economics, examines the affordable housing market’s growth trajectory in a challenging economic climate.
Key Takeaways:
- Rising construction costs have slowed new Affordable construction as financing gaps for LIHTC developers have widened.
- A sizeable expansion of the Housing Choice Voucher (HCV) program was removed from the Inflation Reduction Act of 2022, though the White House continues to call for increased funding in its annual budget resolutions.
- Nearly 90% of developers reported they will avoid markets with mandatory affordability requirements as local rent control measures are under consideration in five states.
Here are more key indicators of the affordable housing market.
For more multifamily market insights, read our latest Affordable Housing Trends Report and check out our other multifamily research.