We recently added another 274 homes to our portfolio. 274 affordable homes that will now be under our exceptional management team.

Woodlawn Court Apartments, Elmira, New York — 274 units of workforce housing.

The national backdrop: the National Low Income Housing Coalition puts the shortage of affordable rentals at 7.1 million homes. Thirty-five available for every 100 extremely low-income households that need one.

Workforce housing is the multifamily segment with the deepest documented demand and the thinnest margin for operational error.

Originally published on LinkedIn.

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