Writing to the industry, FHA Commissioner David Stevens reminds us that there is more to the housing market than single-family homes and condos. Lost amid the much higher visibility mortgage crisis and the all too common foreclosure stories is the state of affordable rental housing in America. MND has covered this topic in the past: The Dearth of Affordable Rental Housing : Given the shifting demographics and the fact many more low income senior citizens will be in need of affordable rental housing, more focus by policy makers is needed as the problem will only continue to exacerbate through inaction. Gimme Shelter: Homelessness Rate Climbing. Low Income Rental Units Needed : Due to the greater economic woes and increasing unemployment numbers, more Americans are being forced to live within...(read more)

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