The Location of Affordable and Subsidized Rental Housing Across and Within the Largest Cities in the U.S. April 8
This webinar will bring the Research Institute for Housing America’s white paper of the same title to life and allow MBA members to hear directly from its author.
The report illustrates a significant and growing lack of affordable rental housing in the largest cities in the United States. While housing was already unaffordable for LMI households in a few of the largest cities located in geographically constrained areas in 2001, almost all cities became less affordable over the next two decades with median rents increasing annually at 2.0% above inflation while median incomes only increased 0.8%.
Multifamily professionals at all levels will want to attend this discussion and hear how the data, trends and programs can impact your business.
Thursday, April 8, 2021, 3:00-4:00 PM ET
Objectives
The importance of low and moderate income (LMI) households as part of the population served by the housing and mortgage industries
Evidence on changes in rent levels and the availability of subsidized rental housing for LMI households over the last two decades
The impact of mandatory adoption of Small Area Fair Market Rents (SAFMRs) in 24 metropolitan areas
The location of subsidized housing across and within the 50 largest metropolitan areas
The evolution of housing rents and underlying affordability, including projections for 2021 made by HUD in fall 2020 after the emergence of COVID-19
Who Should Attend?
–Multifamily lenders and servicers
–Investors
–Economists and data analysts
–Chief lending officers and origination professionals
–Underwriters
Speakers
–Edward Seiler, PhD, Executive Director, Research Institute for Housing America
–Mike Eriksen, Associate Professor of Real Estate, University of Cincinnati