A national secondary market for construction financing could allow lenders to provide the investment capital needed for multifamily housing projects, making the cost to entry more digestible.
Mezzanine loans covering less than 20% of project costs could significantly lower average capital costs, facilitating the commencement of multifamily housing projects.
Establishing a national housing construction fund could reduce burdens on builders and lenders due to high rates, providing stability and insulation from non-demand-based business cycle factors.
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