SPONSORED: Nuveen Real Estate — The lack of affordable housing is stubbornly persistent

Rent burdens are at record levels, and the number of lower-income renters significantly exceeds the supply of affordable housing in the United States. This persistent situation offers impact investors an opportunity to make a profitable investment and make a difference, according to a report titled, “Real estate impact investing: The need for affordability preservation,” by Nuveen Real Estate’s Pamela West, portfolio manager, impact investing, Americas, and Daniel Manware, director of research, Americas, which was published in the November issue of Institutional Real Estate Americas. “The preservation of affordable housing endeavors to provide safe, quality housing for underserved populations and maintain the supply of below-market rental units in high-growth areas,” the report states. “We believe there are attractive opportunities for impact investors to build resilience among low-income communities in the United States by preserving access to safe and deeply affordab