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.
Since 2011, our affordable lending has grown by an average 45 percent yearly, and we have completed over $17 billion in affordable lending over the past three years alone. As one of the top five 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.
More than 230 thousand affordable units from coast to coast – that’s what Walker & Dunlop has financed in the last three years. Even in the highest-cost areas, we’ve moved affordable rentals from blueprint to reality through:
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:
We lead by example to move the industry to embrace affordable housing. With nearly $9 billion in affordable transaction volume since 2011 – 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.
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. We work closely with Community Solutions, Shelters to Shutters, and Back on My Feet, three organizations dedicated to alleviating poverty and homelessness in the United States.