How Waterford Co. Finds Funding As Federal Housing Programs Face Challenges

Barchart·05/14/2025 03:50:15

Getting financing for affordable housing projects has never been easy, but recent proposed changes to federal policy could make it even more difficult for developers to secure funds for the much-needed property type. Much of the country is coping with a housing crisis, but the problem is perhaps most acute and longest-running in California. New data released this month indicates that qualifying salaries for low-income housing rose to six figures in parts of the Bay Area and neared $90K in three other northern California counties. Developers in the state are increasingly looking to new funding sources as they try to get projects off the...