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Expert Analysis

Learning From The Greystone Affordable Development Case

By Ray Jones ( November 16, 2017, 2:41 PM EST) -- In South Carolina and across the country, developers are having a difficult time making the numbers work for the acquisition and rehabilitation of affordable housing. According to a recent report by Freddie Mac, affordable housing for very low-income families across the United States fell by more than 60 percent between 2010 and 2016. The report further states that although multihousing construction is at average levels historically, newer units are typically targeted toward higher-income renters....

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