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Opinion: More financing options for ADUs are needed

Housing Wire

A recent survey by Villa noted that some ~60% of rental tenants said that living in an ADU has allowed them to live in a neighborhood they would not otherwise be able to afford — that’s a big deal. Draw structures for loans supporting new construction of ADUs, especially for prefab, are still “clunky.”

Finance 471
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Opinion: How ADUs can alleviate the U.S. housing crisis

Housing Wire

Enter the Accessory Dwelling Unit, commonly known as an ADU, or more informally called an in-law suite, granny flat or backyard home. These structures can generate rental income to offset rising mortgage payments, and create more long-term rental supply, ultimately lowering the average rental cost for tenants.

Tenants 387
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Rural America is losing affordable housing at a crisis pace

Housing Wire

It now faces a wave of mortgage maturities and payoffs on the thousands of affordable-housing complexes it has helped to finance over the years — with no new construction carried out under the program since 2012. This USDA program, however, is in serious trouble.

Tenants 493
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Opinion: Don’t let red tape strangle city development

Housing Wire

This bottleneck has led to significant housing shortages, and left tenants and renters facing ludicrously high housing costs. One way or another, the law of supply and demand will shape the cities of tomorrow. Philadelphia recently offered developers a 10-year tax abatement for new construction.

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Eleven Types of Risk in Commercial Real Estate

Property Metrics

Similarly, leased property includes a risk that tenants will not be able to make timely lease payments as expected. Late payments can create cash flow problems for the property owner, but the situation can be worse if the tenant goes out of business and moves out of the space. Inflation Risk. Interest Rate Risk.

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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

At its most basic level, a ground lease is not a sale of land, but rather a rental of land to a tenant that plans to build on the property. Why would a tenant opt for a ground lease? In most cases, tenants seek ground leases for land in high traffic or well-populated areas because often such land is cost prohibitive.

Contracts 143
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The good news? The Fed doesn’t expect a recession. The bad news? Housing.

Housing Wire

million units last month , supply is mostly coming from multifamily rental construction. Many owners are attempting to pass along the increased financial burdens to tenants by increasing rental rates, provided that demand in a particular submarket supports higher rental rates,” Barry said. Powell also said more supply was coming.