According to the Joint Center for Housing Studies of Harvard
University, the national vacancy rate for all rental units averaged 7.2%
in 2017, an increase from 6.9% in 2016.
to the Fannie Mae 2018 Multi-Family Affordable Housing Outlook,
vacancies for rent-restricted affordable housing properties remains
At the close of 2017, Reis, Inc. estimates a
1.9% vacancy rate for rent-restricted properties, which consist of
multi-family rental properties assisted with federal Low Income Housing
Tax Credits (LIHTC) and Section 8 project-based vouchers, reflecting the
demand for all types of affordable multi-family rentals.
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