In today’s constantly evolving market environment, partnering with a lender that can balance prioritizing speed of execution with tailored solutions makes all the difference in securing the financing you need. Arbor’s experience, expertise, and innovation, combined with our willingness to understand each deal and work to make it successful, set us apart from other multifamily lenders. In our more than three decades of closing deals, we’ve found that having these 10 items on hand at the beginning of your borrowing journey helps prevent roadblocks and streamlines the entire financing process.
Federal Funding Expansions Aim to Increase Limited Affordable Supply
As housing costs spiral, rental affordability has become a more urgent issue, burdening a greater number of Americans. Arbor’s Affordable Housing Trends Report Spring 2024, developed in partnership with Chandan Economics, examines the major policies and programs shaping the marketplace at a time when overdue federal funding expansions have increased agency budgets.
Key Findings:
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Approximately half of all rental households in the U.S. are now classified as moderately or severely cost-constrained.
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Critical affordable housing programs received funding expansions in the recently passed FY 2024 federal spending package.
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Up-zoning is being utilized more frequently to encourage affordable housing creation by allowing development in higher-density areas.