Getting Rent Right: Current Challenges and Market Factors

The ripple effects from an unsteady economy and uneven housing market continue to be felt in the assisted housing industry. Depending upon your geographic location and the type of housing your site includes, you're probably encountering vexing issues, such as ever-growing waiting lists for Section 8 units, market rents that have the potential to wreak havoc on your budget, and operating expenses that continue to climb. And still you must contend with HUD's expectations that you remain fiscally sound and adhere to regulations and requirements for occupancy and determining rents.

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