From: HUD USER News
HUD recently examined owners' decisions
about project-
based multifamily housing properties,
and the results can
be found in the report, Multifamily
Properties: Opting
In, Opting Out, and Remaining Affordable.
This study
looks at privately owned, project-based
multifamily
properties assisted by HUD, many of
which came about
through mortgage interest subsidies
and other
incentives. The researchers sought
to identify the
significant differences between the
properties that
remain assisted and those which leave
the program,
either through prepayment or by opting
out. Property
attributes, onsite assessments, and
affordability of
properties that remain HUD-assisted
are compared with
properties that no longer participate.
This analysis
provides insight into what leads property
owners to
leave HUD-assisted programs, and explores
the extent to
which the properties remain affordable
to low-income
families.
The study can be downloaded, at no
cost,
at https://www.huduser.gov/portal/publications/affhsg/opting_in.html
or a printed copy can be ordered for
a nominal fee by
calling HUD USER at 800-245-2691, option
1.
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HUD USER
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Decisions Influencing Supply of Multifamily Housing
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