Multifamily Affordable Housing Still Negative, Moody's Says

Vadum, Matthew
May 2004
Bond Buyer;5/18/2004, Vol. 348 Issue 31886, p29
Trade Publication
Reports on the effect of low interest rates, weak employment growth and overbuilding of rental properties on the multifamily affordable housing according to a report released by Moody's Investors Service Inc. in the U.S. Ratings applied by Moody's to multifamily housing credits; Impact of the reduced demand for rental housing on the luxury and affordable housing sectors; Expectation of Moody's on initial ratings for new senior-lien bond issues.


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