An update from Harvard

Some really smart people have issed a new policy paper to encourage our elected officials to recognize and understand the differences between single-family and multifamily financing. Harvard University's Joint Center for Housing Studies and the National Multi Housing Council cite a need to keep multihousing financing affordable so that landlords can meet the needs of gorwing demand for rentals during the economic downturn. If our policy makers fail to prepare for this, financing for multifamily properties could get even harder than it is today. This is something to keep an eye on as regulators make decisions that affect Fannie, Freddie and FHA loan portfolios.