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One Way to Make Affordable Housing More Affordable

Digested from “Multifamily Leaders Call on HUD to Address Rising Rents Through Reduced Insurance Premiums”
MultifamilyBiz.com (2/2/15) 

In an effort to loosen restrictions on housing units for middle-class individuals in search of affordable housing, the Multifamily Lenders Council (MLC) has proposed a solution: Reduce insurance premiums on multi-family housing programs to 2012 levels.

The MLC made a public plea to the U.S. Department of Housing and Urban Development to enact this policy, claiming that the restrictions outweigh the risks associated with them and that performance for rental programs targeted toward affordable housing on the whole has been solid. 

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Publication: 
Industry Insider