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NAREE Panelists Try to Solve The Frustrating Riddle of Affordable Housing

NEW ORLEANS—Panelists at the conference presented new stats, offered insights into the many roots of the problems and talked about federal finance programs available to developers.

By Erika Morphy | erikamorphy | Updated on June 13, 2016

Lawrence Yun at podium National Association of Realtors’ chief economist, Lawrence Yun.

NEW ORLEANS—Last year Freddie Mac rolled out its usual slew of financing programs to encourage the development of affordable housing. One of these programs, the GSE’s Bridge to Resyndication, was spotlighted by a panelist at the National Association of Real Estate Editors‘ annual conference, held last week in New Orleans.

Affordable housing, it should be said here, was one of the many themes running through NAREE’s conference, but it definitely was a major one and in that context the discussion of Freddie Mac’s Bridge to Resyndication fit in very nicely as it addressed a gap in affordable housing development finance—the scarcity of capital in the market for developers who need to repair or renovate to these buildings.

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