Assisted Housing Preservation

Federally supported affordable housing multifamily properties are privately owned by both for-profit and nonprofit owners. They include properties under both HUD and USDA Rural Development programs with federally subsidized mortgages (federally insured or direct federal loans with below-market interest rates) and with project-based rental assistance contracts. In addition, this inventory includes newer properties that received allocations under the federal Low-Income Housing Tax Credit program through a state or local credit allocation agency.