By JR Lephew, Director of Affordable Housing at Partner Engineering and Science, Inc. | Published April 1, 2025, on GlobeSt.com.
Stakeholders in the multifamily residential space, particularly developers who rely upon federal funding, and HUD by proxy, are starting to feel the effects of the new administration’s programmatic and budget cuts. Despite the challenges, there is optimism that there are viable ways to address the funding gaps, allowing affordable housing and eco-friendly development to continue progressing. The industry’s ability to innovate and remain flexible will be key to overcoming these difficulties and achieving long-term success.
In his latest GlobeSt article, JR Lephew offers strategies to overcome funding obstacles in the new landscape of multifamily housing.