Affordable housing production is falling further behind the nation’s demand. The need for affordable housing among working class households is increasing while the supply of available units has decreased over the past few years.

Development of affordable housing is not for the fainthearted.  In areas of greatest need for  affordable housing, developers usually face costly and time-consuming barriers.  And, most affordable housing projects need multiple funding sources to be successful.  Most affordable housing projects involve more planning and entail greater risks than similar market-rate projects because of layered financing and the complexities of local land use requirements.

Development Funding Sources:

Federal sources of funding and incentives

State of Missouri sources of funding and incentives

Other sources of funding and incentives

General Resources:

Affordable Housing Finance  - online magazine source for news, resources and financing ideas for the affordable housing and multifamily housing industries.

Affordable Housing Development & Finance - information and articles on the development, finance, management, and preservation of affordable housing from KnowledgePlex

Affordable Housing Development 101 - Financing from PolicyLink - a national research and action institute