Why Investing in Affordable Housing Poses 'Lower Risk'

Affordable housing is is is just like market rate housing. You have you have revenues and you have expenses. And to make the housing affordable for families, you either need an intervention on the revenue side in terms of what the actual families can pay.On the expense side, you have state and local governments. They'll say, "You know what? If you meet the policy objective of creating, preserving, improving affordable housing, we're going to give you a break on the property taxes." So, what does this mean f ...