Multi-Family Fair Housing Occupancy Reports
Shawn Poynter / There Is More Work To Be Done
Shawn Poynter / There Is More Work To Be Done
USDA’s yearly occupancy survey shows the total number of properties in USDA’s rural rental portfolio fell by 1.39% from September 2014 to September 2015, a decrease of 186 Section 515 properties and 19 Section 514 properties. The reduction covers 2,646 apartments (0.37% of total units). The average annual income of Section 515 residents has increased to $12,377. For Section 515 tenants with RA, average income is $10,332.