A Framework for Evaluating Government’s Evolving Role in Multifamily Mortgage MarketsAbstractMultifamily construction and multifamily mortgage originations have declined in recent years. Debt financing of multifamily housing is also more difficult to obtain today than in the 1980s, according to an abundance of anecdotal evidence. These difficulties exist for developers of new projects as well as for present owners who wish to refinance existing projects. According to some, the difficulties are especially acute for housing projects with rents affordable to low- and moderate-income households.A Framework for Evaluating Government’s Evolving Role in Multifamily Mortgage Markets (*.pdf, 128 KB)
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