Freddie Mac: Leverage Existing Rental Housing Stock

As states and localities seek to provide economic incentives to create new housing supply, they must also consider how to leverage the existing rental housing stock, said Freddie Mac, McLean, Va.

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“While the steady return to normal pre-pandemic routines brings a sense of optimism, the economic impact of COVID-19 will have a lingering effect, particularly on renters who owe back rent and were protected by eviction moratoriums. We found that there is likely enough rental assistance available, and the deployment and accessibility of these funds is vital to supporting renters and property owners in need as the country transitions to a post-pandemic normal.”
–Corey Aber, Freddie Mac Senior Director of Mission, Policy and Strategy.