The crisis of availability of affordable multifamily housing is getting some reprieve.

Crow Holdings, a national real estate investment and development firm, announced an initiative to develop attainable housing communities across major US markets.

Crow Holdings' multifamily development company, Trammell Crow Residential (TCR), is constructing Class A market-rate communities designed for renters who earn 80% to 120% of the area median income. The buildings are being developed under the company's Allora brand of apartment buildings. 

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