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Affordable-Housing Projects Derailed as Developers Struggle for Financing

Affordable-housing builders nationwide are stalling work on new tasks, delaying hundreds of models from coming to market when the U.S. already has a broad deficit of low-income housing.

Rising interest rates and inflation have made financing for reasonably priced housing harder and expensive. Supply-chain points for materials like lumber and home equipment have eased a bit just lately however haven’t gone away.

Related Topics:affordable Affordable/Social Housing AffordableHousing Business community construction Derailed Developers Financing general news Housing Housing Issues Inflation political Political/General News Projects property Real Estate Real Estate/Construction Real Estate/Property social housing Social Issues social services society Society/Community struggle SYND welfare Welfare/Social Services WSJ-PRO-WSJ.com wsj-usnews

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