Monday 9 January 2012

Leveraging Government Funding for Affordable Housing

Across the country, there are thousands of developers and development corporations working to increase the availability of affordable housing. Housing projects cost money of course, and developers often turn to government programs for funding. When used effectively, government funding often encourages investment from the private sector. When that strategy is successful, the ratio of private to government investment can be as high as 5- or 6-to-1. One organization, the Local Initiatives Support Corporation (LISC), is exploring creative ways to improve that ratio.

Source: http://EzineArticles.com/6697335

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