Archinect - News 2024-11-24T17:21:37-05:00 https://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-Hochberg 2015-06-04T13:00:00-04:00 >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&rsquo;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 [...] &ldquo;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&rdquo;</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html>