Written by Chris Larson
The housing industry is changing — and institutional investors are helping to drive, and fund, that change.
A growing number of forward-thinking pension funds, asset managers and foundations are putting their money to work to support affordable housing projects, offer low-interest loans, and even support startups focused on disrupting the home and apartment rental marketplace.
Safe and affordable housing is a key component of one of the UN’s Sustainable Development Goals, but it’s also something that no one expects the federal government — or many cash-strapped state governments — to put an emphasis on for now. So the market is stepping in, with investors and tech startups looking to help make housing more affordable and available.
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