How affordable housing gets built

by Ethan Handelman, National Housing Conference; Pamela Blumenthal, Urban Institute  A version of this post originally appeared on  Redfin . Financing affordable housing isn't easy. Our  new interactive tool  shows that without subsidies, which can be hard to come by, it's virtually impossible for developers to build homes that are affordable to low- or extremely low income families. That's because lenders loan money for housing development based on the property's expected income, and when rents are set to affordable levels, there's a huge gap between the......(read more)

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