Liability Considerations for Affordable Housing Developments
Affordable housing developments are a critical component of building a strong economy, and the need for affordable housing today is urgent. According to the National Low Income Housing Coalition’s 2022 Report, the U.S. is facing a shortage of 7 million affordable rental homes/units.
While this need creates challenges for our communities, it simultaneously creates significant opportunity for affordable housing developers. Given the increasing number of projects, our team has determined the following liability considerations and risk management strategies. Continue reading