This year, the Federal Reserve has increased interest rates six times, and it has signaled that more rate hikes are on the horizon. The higher cost of capital is sure to put a damper on affordable housing investment, just as the market was gaining momentum and investor interest.

In this episode of GlobeSt.com's Thought Leadership podcast series, Robert Likes, the president of the national affordable housing platform at KeyBank, uncovers how higher interest rates, along with other economic headwinds, will complicate affordable housing deals next year. Likes provides advice about how investors can navigate challenging fundamentals and tap into additional funding sources to make affordable housing deals work.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

National
Multifamily
KeyBank
Capital Markets