The 2016 Election has created more questions than answers for the affordable housing industry. Very little is known about President-elect Trump's vision for affordable housing. On one hand, Mr. Trump has described himself as an advocate for low-income Americans seeking to bring jobs and security to the inner cities. On the other hand, he campaigned under the banner of comprehensive tax reform as well as reducing spending on public subsidies. The lack of clear direction, coupled with rising interest rates since the election, has created a tidal wave of uncertainty throughout the affordable housing marketplace.
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