Multifamily Rental Housing in the 21st Century

W01-1: This paper examines the most pressing issues related to multifamily rental (apartment) housing. It begins with a brief review of the benefits apartments bring to communities and their residents and then discusses the changing nature and composition ofmultifamily rental housing. This is followed by an examination of the role multifamily rental housing plays in providing affordable housing. Finally, we review the financing of multifamily rental housing and the relationship betweenmultifamily housing and smart growth. Our conclusions center on the likely role apartments will play in the 21st century…