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Union Valley Apartments Property Maintainer Mario Robert Vignetti mows the lawns at the Union Valley Apartments, who participate in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
Union Valley Apartments Resident David Pham talks about living and caring for his elderly mother at the Union Valley Apartments who participate in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. Mr. Pham mentions excellent maintenance, low-rise showers for his mother to step into and sit down, and the smooth level sidewalks that make it easy for his mother to take a lap with her walker. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
Union Valley Apartments Resident David Pham talks about living and caring for his elderly mother at the Union Valley Apartments who participate in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. Mr. Pham mentions excellent maintenance, low-rise showers for his mother to step into and sit down, and the smooth level sidewalks that make it easy for his mother to take a lap with her walker. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
Union Valley Apartments Resident David Pham talks about living and caring for his elderly mother at the Union Valley Apartments who participate in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. Mr. Pham mentions excellent maintenance, low-rise showers for his mother to step into and sit down, and the smooth level sidewalks that make it easy for his mother to take a lap with her walker. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
The Union Valley Apartments participates in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
Union Valley Apartments Resident David Pham talks about living and caring for his elderly mother at the Union Valley Apartments who participate in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. Mr. Pham mentions excellent maintenance, low-rise showers for his mother to step into and sit down, and the smooth level sidewalks that make it easy for his mother to take a lap with her walker. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
Union Valley Apartments Resident David Pham talks about living and caring for his elderly mother at the Union Valley Apartments who participate in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. Mr. Pham mentions excellent maintenance, low-rise showers for his mother to step into and sit down, and the smooth level sidewalks that make it easy for his mother to take a lap with her walker. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
The Union Valley Apartments participates in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
Union Valley Apartments Resident David Pham talks about living and caring for his elderly mother at the Union Valley Apartments who participate in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. Mr. Pham mentions excellent maintenance, low-rise showers for his mother to step into and sit down, and the smooth level sidewalks that make it easy for his mother to take a lap with her walker. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
Missing middle homes, like ADUs, backyard cottages, mother-in-law suites, duplexes, triplexes, low-rise apartments or townhouses, have long fit into urban neighborhoods, often providing more affordable rental and purchase options than single, detached houses.
Sightline Institute Middle Homes Photo Library: www.sightline.org.
This work by Sightline Institute Modest Middle Homes Library is licensed under a Creative Commons Attribution 4.0 International License.
Union Valley Apartments Resident David Pham checks his mail and talks about living and caring for his elderly mother at the Union Valley Apartments who participate in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. Mr. Pham mentions excellent maintenance, low-rise showers for his mother to step into and sit down, and the smooth level sidewalks that make it easy for his mother to take a lap with her walker. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Daniel Blottenger.
UDR, Inc., a leading multifamily real estate investment trust (REIT), and Rage Digital have made it easy to find an apartment anywhere and anyplace using your iPhone or iPod Touch.
The most unique and best-in-class feature of UDR's apartment locator iPhone application is the ability to reserve and place a hold on an apartment from anywhere around the world. In a few taps on the iPhone screen, apartment searchers can choose their apartment home and reserve it until they visit the apartment for a tour.
U.S. Department of Agriculture USDA Rural Development RD Deputy Under Secretary Justin Maxson and Congressman G. K. Butterfield, NC-01, tour Hunters Ridge Apartments, a multifamily property development, in Farmville, NC, on Aug. 30, 2021. While there Deputy Under Secretary Maxson later sat down with resident Shamar El-Shabazz and the site manager Hussana Shareef to listen to how much of an impact this type of housing has on this rural community.
Hunter’s Ridge is a 25 unit Section 515 Direct Loan Multifamily property developed in 2003. The average annual household income of Hunters Ridge families is $10,542, ranging from $1,680 per year to $24,650 per year. The average term of tenancy at the property is 6.5 years. 24 of the units receive Rental Assistance, totaling $169,044 annually. The rental assistance allows the tenants to pay no more than 30% of their income in rent. The property is owned by Hunter’s Ridge Housing, LLC and managed by GEM Management, LLC. The Hunters Ridge is 18-years old and features six highly accessible units, far more than typical developments of this size. In addition to Hunter’s Ridge, GEM manages 193 additional RD Financed properties across the Southern United States. The property employs two full-time staff, a site manager and a maintenance employee, and generates several other local jobs through contract services. In addition, the property’s spillover benefits to the local economy include an annual tax payment of $13,779 to the town of Farmville. For more information about Multifamily Housing Direct Loans, go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
USDA Photo Media by Lance Cheung.
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Reed Goossens is a real estate investment advisor and also real estate entrepreneur having much knowledge of the real estate market. You can hire him for the best real estate investments in 2019. Hire Reed Goossens for multifamily investing
Union Valley Apartments Resident Carole Fosbaugh talks about the quality of the property and staff and how renter assistance helps her life with a fixed income at the Union Valley Apartments who participate in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
Union Valley Apartments Property Manager Sandra Kolad adminsters the Union Valley Apartments participation in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
Union Valley Apartments Property Manager Sandra Kolad adminsters the Union Valley Apartments participation in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
The Union Valley Apartments participates in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
If you are designing or building a multifamily project, why not specify or build with a material that can save the design professional, the builder, and the developer time and money?
I was involved with the Sarann Knight project, which is a four-story apartment complex in Las Vegas, Nevada. The developer, Community Development Programs Center of Nevada (CDPCN) used our 6” SIPs for all of the exterior walls on all four levels. And all of these SIP walls are load bearing and self-supporting.
• SIPs reduce energy consumption
• Easier to become Energy Star Compliant
• Reduced construction time
• Reduced job site waste and dumpster removal
• End up with a durable, long-lasting building
CDPCN owns and operates this apartment complex; therefore, the heating and cooling bills are paid by the developer. Heating and cooling costs constitute a significant portion of the operating budget in the hot Las Vegas climate…one of the reasons CDPCN chose to build with energy-efficient SIPs! Building on the efficiency of the R-23 SIP walls, CDPCN specified low emissivity (low-e) windows to further reduce solar heat gain, and used tankless water heaters. By using Premier SIPs and these other energy-efficient measures, CDPCN expect to save about 60% on their heating and cooling costs.
ENERGY STAR did not require a blower door test because they used SIPs…Sarann Knight project automatically surpassed the ENERGY STAR certification.
Cycle time savings were also a factor on this project. The developer believes that SIPs durability is something else to consider. This project is actually the third project that I have worked on with CDPCN. The other two were a 58 single home development (Daisy Lee Homes), and a 240 unit senior housing project (Senator Richard Bryan Senior Apartments) . They are now realizing reduced call-backs for things like stucco cracking because their SIP walls are straighter and stronger than a typical stick framed wall.
More info? www.premiersips.com
Community Development Programs of Nevada
Architect: Winston Henderson, Las Vegas NV
Builder: National Construction Providers, Las Vegas NV
Union Valley Apartments Resident Carole Fosbaugh talks about the quality of the property and staff and how renter assistance helps her life with a fixed income at the Union Valley Apartments who participate in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
The market continues to reach record-low levels and the average commercial real estate cap rate has now been below 6% for all of 2016. The environment remains ideal for apartment cap rates to remain at or near historically low levels and possibly fall even further.
Union Valley Apartments Property Maintainer Mario Robert Vignetti mows the lawns at the Union Valley Apartments, who participate in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
Union Valley Apartments Resident Carole Fosbaugh talks about the quality of the property and staff and how renter assistance helps her life with a fixed income at the Union Valley Apartments who participate in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
The Union Valley Apartments participates in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.
The Union Valley Apartments participates in two U.S. Department of Agriculture USDA Rural Development RD Multifamily Housing programs that assists the property owners and residents, in Finleyville, PA, on Sept. 2, 2021. For more information go to rd.usda.gov/multifamily The owner qualified for the RD currently holds the title through the Multifamily Housing Direct Loans program that provides affordable financing for projects in rural areas and is geared for low-income, elderly and disabled individuals and families as well as domestic farm laborers. For more information go to rd.usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-direct-loans.
Many of the residents qualify for the Multifamily Housing Rental Assistance program that provides payments to owners of USDA-financed Rural Rental Housing or Farm Labor Housing projects on behalf of low-income tenants unable to pay their full rent. Rental Assistance can only be provided for apartments in new or existing Rural Rental Housing and Farm Labor Housing financed properties. Payments are made on behalf of the tenants and become part of the property’s income, which pays operational expenses. For more information, go to usda.gov/programs-services/multifamily-housing-programs/multifamily-housing-rental-assistance
The initial construction was supported by the U.S. Department of Housing and Urban Development HUD program that provided a tax credit for the developer. For more information, go to hud.gov/program_offices/housing/mfh/map/maphome/taxcredit
USDA Photo Media by Lance Cheung.