In this Bloomberg News feature, The NRP Group shares expert knowledge on challenges facing affordable housing developers amid quickly rising costs and soaring demand for affordable housing. The Biden administration is now urging cities to use American Rescue Plan funds to increase supply.

“We and every other developer in the country are just trying to pull in as many sources as we can — from public partners to philanthropic groups — to be able to actually develop much-needed new affordable units,” NRP Vice President of Development Scott Skinner said.

Read more on what Executive Vice President of Development Aaron Pechota and VP Development Skinner have to say about bringing awareness to sources of gap funding here.