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Workforce Housing

Dedicated to creating and preserving housing that's affordable to our workforce.

Middle-income renters often earn too much to qualify for traditional affordable housing but not enough to afford market-rate housing. Workforce housing aims to fill that gap by providing high-quality apartment options that are affordable to households earning between 80% and 120% of the local area median income (AMI).

Workforce Housing Solutions

Whether you are investing in naturally occuring affordable housing, otherwise known as NOAH, or looking to secure the best financing terms by voluntarily restricting rent levels, NewPoint has the loan programs and expertise needed to guide you through the intricacies of financing this crucial asset class. 

  • Fannie Mae Sponsor Dedicated Work Force (SDW)
  • Freddie Mac Workforce Housing Preservation
  • Acquisition Financing
  • Refinancing
  • New Construction
  • And More

We have seen a marked increase in borrowers looking to utilize Agency programs that voluntarily restrict units to workforce housing incomes – 80 percent to 120 percent of AMI – in exchange for pricing and underwriting incentives. These programs are proving an effective way to preserve and create affordability in market rate communities, and we expect to see growing interest from the investor community moving forward.

Marc Cesare
Managing Director, Originations

Explore Other Property Specialties

For the best execution in real estate, you need a lending partner with deep roots, industry connections, and real-world knowledge of creating value for your asset class. Find all of that and more with NewPoint.

Connect with a Lending Expert

Our experienced loan origination, underwriting and servicing pros understand the ins and outs of financing multifamily and healthcare real estate, and are preemptively responsive to ensure the smoothest process and execution.