Borrower's Market

(RECAP: To hear many industry observers tell it, the strong demand for and performance of affordable housing this year should only continue in 2017. Indeed, the consensus among the lenders, investors, bankers, and other experts we spoke with for this tale is that the broad array of financing options available to developers will grow, as will flexibility in how to use them. Issuance of multifamily housing bonds is expected to continue to increase after posting solid gains in recent years. At the same time the bond market is picking up its pace, the LIHTC market continues to roll and is expected to remain very strong in 2017.)

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