Midterm Elections Boon for Affordable Housing: Moody’s

Originally published on November 15, 2022 by Lynn Pollack for GlobeSt.com.

An increasing number of voters supported affordable housing initiatives during the midterm elections, with some measures receiving more than 70% of the vote in both red and blue states, according to a review from Moody’s Analytics, GlobeSt.com reported Nov. 15. In Austin, Texas, for example, voters approved a $350 million bond, as affordable housing currently makes up just 6% of the city’s rental market.

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