NLHA: Expenses Rise, Rent Revenues Fall, for Affordable Housing Providers

COVID-19 has increased costs and reduced revenue for housing providers, making it harder for them to operate and invest in future housing projects, according to a survey by the National Leased Housing Association (NLHA) and ndp analytics. Conducted in August, the survey asked low- and moderate-income housing providers about additional expenses related to COVID-19, changes in rent revenue, and how the pandemic has affected their plans.