HUD and Census Bureau Release New Survey on Characteristics of Nation's Multi-Family Rental Properties - March 18, 2013

HUD AND CENSUS BUREAU RELEASE NEW SURVEY

ON CHARACTERISTICS OF NATION’S MULTI-FAMILY RENTAL PROPERTIES

New data offers more complete picture of how 2.3 million properties are bought and paid for

              WASHINGTON (March 14, 2013) – Approximately 20 percent of American households live in multi-family rental buildings, yet until today little was known about how these larger rental properties are financed.  The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today released the new 2012 Rental Housing Finance Survey, which provides a more complete picture of the nation’s multi-family rental properties, including data on property values, how their mortgages are financed, and characteristics of the structures.

Please click here to read the full press release on HUD's website.