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Chandan Economics is a leading provider of data and analytics to commercial real estate lenders, investors, and policymakers. Chandan maintains one of the real estate industry’s broadest databases of commercial property mortgages originated from across all major debt sources — by banks, life companies, and agency and conduit lenders.

The Role of Small Apartment Properties in Workforce Housing Affordability

By: Chandan Economics

2 weeks ago

Seattle, like many primary metro markets, is currently facing a rental affordability crisis. The preservation of existing apartments that are affordable to the workforce – oftentimes smaller, older properties – is a critical part of addressing this growing problem.

The growing lack of affordability within U.S. rental housing has led to the creation of new loan programs aimed at strengthening and preserving the existing stock of multifamily that’s affordable for the workforce. It turns that a large portion of housing suitable for the workforce is found in smaller apartment properties with between 5 and 50 units.

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