Multifamily Properties: Opting In, Opting Out and Remaining Affordable
AbstractThe U.S. Department of Housing and Urban Development's (HUD's) assisted project-based multifamily properties are privately owned properties representing a significant component of federally assisted housing for low-income families. This is in contrast to the public housing stock, which is publicly owned and operated. The HUD-assisted project-based multifamily housing stock includes more than 22,000 properties with more than 1.5 million units. They were developed under programs that were created in the 1960s and 1970s to supplement the public housing program, as part of a policy change that aimed to promote more privately owned development of affordable housing.
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Bibliographic InfoPaper provided by HUD USER, Economic Development in its series Economic Development Publications with number 39073.
Length: 101 pages
Date of creation: Jan 2006
Date of revision:
Find related papers by JEL classification:
- H00 - Public Economics - - General - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-04-21 (All new papers)
- NEP-PPM-2007-04-21 (Project, Program & Portfolio Management)
- NEP-URE-2007-04-21 (Urban & Real Estate Economics)
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