By VP David Leopold, Multifamily Affordable Housing Production The 21st century has been hard on utility bills. Average water rate hikes surged annually at twice the inflation rate between 2000 and 2012. Lower-income renters were spending 15-to-21 percent of their incomes on energy by 2011, says the Joint Center for Housing Studies. And this was before 2013, when severe droughts, winters and scorching summer heatwaves began rolling regularly across the country. Read More...(
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