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Affordable

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Walker & Dunlop is dedicated to fighting the American housing crisis. As costs of living and construction rise, we make financing affordable housing possible.

According to the National Low Income Housing Coalition (NLIHC), over 31 million renter U.S. households are considered cost-burdened or severely cost-burdened. The need for capital solutions to help build and preserve the nation’s affordable housing stock has never been more pressing, and we are dedicated to fulfilling that need. Amid escalating construction costs, expiring tax credits, and regulatory uncertainty, Walker & Dunlop’s experts are committed to getting affordable housing deals done.

All financing options, under one roof

Since 2010, our affordable lending has grown by an average 52 percent yearly, and we were ranked the second largest affordable housing lender in the United States in 2017. As the top non-bank affordable housing lender in the United States, we offer unparalleled expertise and relationships in the full range of financing options: Fannie Mae, Freddie Mac, HUD, banks, life companies, our bridge lending program, and beyond.

We’ve become the affordable housing go-to for owners, operators, and developers nationwide.

Profitably adding to America’s stock

More than 2.8 million affordable units from coast to coast – that’s what Walker & Dunlop has financed since 1984. Even in the highest-cost areas, we’ve moved affordable rentals from blueprint to reality through:

Maximizing potential of existing properties

Work with what you’ve got.

For growing cities, affordable housing renovation and preservation is an imperative. Walker & Dunlop makes it possible and profitable.

By reducing interest rates, leveraging tax credits, and freeing up funds for rehabilitation, we help clients make the most of Class B and C properties. We’ve also helped finance projects that keep seniors and vulnerable populations in place as neighborhoods evolve.

Turn to our team for:

  • Bridge loans for funding between renovation and stabilization
  • HUD refinancing programs for property rehabilitation as well as year 15 recapitalizations
  • Acquisition financing and refinancing for the preservation of existing affordable properties
  • Expertise in bond enhancements and tax-exempt bonds for feasible financing of your project
  • Financing in underserved market areas, including rural and manufactured housing communities
  • Programs that extend Section 8 assistance and Low-Income Housing Tax Credits (LIHTC) decades into the future
  • Rental Assistance Demonstrations (RAD) conversions
  • Expertise in capital reinvestment in Opportunity Zones and Opportunity Funds

Innovation across the nation

We lead by example to move the industry to embrace affordable housing. With nearly $4.5 billion in affordable transaction volume across 46 states since 2010 – not including our experience with workforce housing properties – we’re forging innovative partnerships, like our Blackstone Mortgage Joint Venture for bridge lending, and pioneering industry programs. In fact, we were the very first to offer a loan through Freddie Mac’s Direct Purchase of Tax-Exempt Loans Initiative.

Commitment beyond the deal

Better quality of life for all is a cornerstone Walker & Dunlop value. As a non-bank lender we are not required to adhere to the Community Reinvestment Act, yet we are fully committed to contributing to the affordable housing space. This is because we believe that providing viable housing options to all members of society is crucial to our economy and our communities.

Our efforts to alleviate poverty and homelessness throughout the United States extends to our corporate philanthropy efforts, too. For years, we’ve supported two charities, LIFT and Community Solutions, whose mission is to alleviate poverty and homelessness in over 75 communities across the nation.

#2
Affordable Housing Lender
in the United States
$4B
Affordable Transaction Volume
since 2010
#2
Fannie Mae Affordable Lender (MAH)
 
#5
Freddie Mac Affordable Lender
 

The team at Walker & Dunlop proved to be a wonderful partner and brought a creative solution to the table for Oasis at 56th. Integral is confident that Oasis will prove to be an important part of the Indianapolis community.”

Vicki Lundy Wilbon

President // Integral Community Development

Seniors Housing/Healthcare
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Bridge
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