This Thursday, I held a webinar to discuss why you might want to consider out-of-state investing and how to distinguish the good states from the bad ones: what metrics to use, where to find the data, how to convert data into information to help you make investment decision. If you didn’t have time to watch it, here is the replay: https://www.youtube.com/watch?v=TXX4FpMB1PY
Today, I am going to tell you about the next focus on multifamily investing - affordable housing. I don’t have a crystal ball, it’s actually from Federal Housing Finance Agency (FHFA)’s announcement on 11/17:
“To ensure a strong focus on affordable housing and traditionally underserved markets, FHFA directs that at least 50 percent of the Enterprises’ multifamily business be mission-driven, affordable housing”. The ratio was 37.5% last year.
Just like you should view tax law as government telling you where to allocate your resource, you should also pay attention to what FHFA is trying to tell you.
Invest With Confidence.
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