Wednesday, December 17, 2014

Affordable Housing Multifamily Properties among the Steadiest

In a recently published CoStar article, low income housing tax credit has had the biggest impact for rehabbing, creating, and preserving affordable housing in the U.S. It has also been the steadiest with occupancy and continuing improvement of financial performance.

CohnReznick released a recent study stating that occupancy, per-unit cash flow, and debt coverage ratio are the three significant components driving the performance metrics. Read more about this study in CoStar's article found here.