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How can a non-profit developer build affordable housing?

April 26, 2017affordable build Developer HOUSING non-profit

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How can a non-profit developer build affordable housing?

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It costs just as much to build “affordable housing” as it does to build market rate housing. The difference is that subsidies (from the Federal, State and local government) must be brought in to write down the cost of the construction so that the housing is affordable to people.