Rising to the 7th spot in this year’s Top 50 Affordable Housing Developers as ranked by Affordable Housing Finance Magazine, AMCAL Multi-Housing, Inc. boosts its 47th spot ranking from last year.
It still looks to be a glass-half-empty kind of year for affordable housing developers, writes Deputy Editor Donna Kimura, in her recent article “Cautious Optimism” in the April/May 2018 issue of Affordable Housing Finance magazine. Kimura goes on to write: They anticipate a better but tough road ahead in 2018. Even with the uncertainty of tax reform behind them, more than 48% of recently surveyed developers expect housing finance conditions to worsen by the end of the year. About 31% say conditions will improve, and 20% say they’ll be about the same.