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By Owen "Chip" Ard, MAI, Senior Managing Director
The affordable housing sector remained stable throughout 2025, with strong occupancy and rising rents in well-maintained and managed properties. The second half of the year introduced greater diversification in development types, with mixed-use projects gaining traction. Local and state governments continued to roll out subsidy and affordability programs, incentivizing developers to enter the market as interest rate movements played a critical role in shaping capital structures, influencing profitability and financing strategies.
