How Trump 2.0 Could Impact Affordable Housing

December 11, 2024
Posted in: News
By: Gerson

As the multifamily industry prepares for a second Trump administration, officials are cautiously optimistic and similarly expressing concern about its implications for affordable housing. On the positive side, there is hope for progress on key issues like extending tax credits for low-income and workforce housing and cutting regulations that impede development. But worries persist that the president-elect’s plans for mass deportations and heavy tariffs could raise construction costs.