Funding and Support Flow to Affordable Sector as Investor Interest Grows Even with concerted public and private initiatives, the affordable housing shortage has persisted in cities and communities across the U.S. As calls for change grow louder, new funding streams for Federal programs, like Housing Choice Voucher and Low-Income Housing Tax Credit, aim to encourage more investment in affordable housing to expand supply nationwide. Arbor’s Affordable Housing Trends Report Spring 2023, developed in partnership with Chandan Economics, analyzes the challenges and assesses the outlook of a sector that has gained more investor attention amid growing economic headwinds. Complete the form to instantly access the full report!
Fannie Mae and Freddie Mac Expand Mission to Deliver Liquidity, Stability, and Affordability
Fannie Mae and Freddie Mac have pledged to expand their lending efforts to help improve Americans’ access to manufactured housing, affordable housing, and rural housing in recent updates to their Duty to Serve Underserved Markets Plans.
Apartment Net Operating Incomes Up 20% Year-Over-Year
Apartment NOIs were up nearly 20% year-over-year through Q1 2022. A trio of Florida markets led the country in annual NOI growth, while New York and Phoenix trailed closely behind.
Are New Zoning Policies an Answer to Housing’s Affordability Crisis?
Federal, state, and city policymakers are now utilizing zoning reforms in initiatives that encourage the development of affordable housing.
Market Shifts Fuel Rental Demand
In many parts of the U.S., a supply/demand mismatch is pushing rents higher at a time when interest rate hikes are causing some would-be home buyers to consider delaying ownership.
Affordable Housing Trends Snapshot — Spring 2022
The Spring 2022 Arbor Realty Trust-Chandan Economics Affordable Housing Trends Report provides comprehensive insight and analysis of major trends shaping affordable housing nationwide. Our report examines the major market developments and the outlook ahead.
Strong Demand Readies Multifamily for Monetary Tightening
The multifamily sector is well-positioned to absorb the shock of rising interest rates. Bolstered by a supply/demand mismatch, multifamily has a solid foundation to support growth during the Federal Reserve’s monetary tightening cycle.
Single-Family Rental Investment Snapshot — Q1 2022
On balance, the SFR sector is well-positioned to see continued growth in 2022 as cyclical forces play in its favor, and underlying demand for single-family housing remains strong. Here’s a look at the latest SFR investment benchmarks.
U.S. Multifamily Market Snapshot — Q1 2022
The U.S. multifamily market followed last year’s record-setting performance with another strong showing. Rent growth remained strong, and the historically-low vacancy rate continued to tighten. Record-breaking sales activity continued through the first three months of 2022, and cap rates remained at historic lows.
Top U.S. Multifamily Rent Growth Markets — Q1 2022
Continuing on last year’s record-setting pace, the U.S. multifamily market posted another strong showing in the first quarter of 2022. Rent growth remained strong, climbing 15.6% year-over-year, higher than the 12.7% increase for all of 2021. As has been the case over the last two years, Sunbelt markets stood out among the nation’s top performers.
Housing Market Dynamics Cause More Renters to Consider Delaying Homeownership
As home prices continue to rise at double-digit annual rates and the costs associated with obtaining mortgage financing begin to climb, a growing share of renters see themselves staying in the rental market for the foreseeable future.