As income disparities have continued to increase nationally and constructing housing that is affordable and provides a stable environment to those in the lowest-income groups has looked extremely difficult in the whole nation. Today the construction consists of luxury apartments and townhomes for higher income and business professionals are moving into downtown areas.   Most financing residential projects that are affordable to families earning less than 60% of the area median income involves creative layers of financing as construction costs are fixed and the units are priced at or below fair market rent. the creative financing techniques for affordable housing have existed for much longer than this post-recession period. Here we will focus on affordable housing in terms of residential developments for the low-income groups.

income disparities continue to increase nationally, finding and constructing housing that is affordable and provides a stable environment to those in the lowest-income brackets has become extremely difficult across the nation. In a post-recession economy, residential and commercial development has recovered significantly in several large cities. However, construction has largely consisted of luxury apartments and townhomes for higher income business professionals moving into downtown areas. Financing residential projects that are affordable to families earning less than 60% of the area median income involves creative layers of financing as construction costs are fixed whether the units are priced at or below fair market rent (FMR). Creative financing techniques for affordable housing have existed for much longer than this post-recession period of course.