Congress Helps Affordable Housing Developers
National Real Estate Investor | April 03, 2018
Affordable housing developers got a nice surprise when Congress passed its federal budget for 2019, which became law in March 2018. “The recently enacted omnibus contains some welcome increases that will help affordable housing production,” says Scott Hoekman, senior vice president and chief credit officer for Enterprise Community Investment, a non-profit based in Washington, D.C. that helps finance and build affordable housing.