Archinect - News2024-11-05T19:18:56-05:00https://archinect.com/news/article/128787238/beginning-of-a-1b-fund-for-middle-income-housing-in-us
Beginning of a $1B fund for middle-income housing in US Amelia Taylor-Hochberg2015-06-04T13:00:00-04:00>2015-06-10T00:04:17-04:00
<img src="https://archinect.gumlet.io/uploads/b7/b7ecpnd3gbwf7dpj.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Turner Impact Multifamily Fund will target opportunities to acquire housing for workers making up to 80 percent of the area’s median income. The goal is to provide housing for those who earn too much to qualify for subsidized housing, but too little to afford a home or luxury apartment near their workplace [...]
“Workforce housing is an overlooked segment of the real estate market with a significant mismatch in supply and demand that we believe offers a compelling investment opportunity”</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
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