RCLCO releases new affordable housing report

RCLCO has released its updated affordable housing report. The report is divided into three sections:

The first section provides a basic characterization of the current stock of affordable housing by sizing and scoping what has been built, who has been involved, where supply has gone, and how much has been transacted. The second section begins to quantify the performance of the asset class, both operationally and in the capital markets. This section highlights the nature of the asset class’s advantages, with an emphasis on stability of income and diversification benefits. Finally, the third section takes a forward look at the robustness of future demand, reflecting both the fundamental need for increased supply and the long-term attractiveness of investment towards this asset.

The report combines takeaways from the existing literature with novel analysis of multiple public and proprietary data sets.

Collectively, the data source