RealWorld 2022 Conference: Spotlight on Affordable Housing
The pandemic lockdowns sent shockwaves through the entire real estate industry, but perhaps no stronger than in Affordable Housing, where owners, investors and operators have been the unsung heroes of that sector of the multifamily industry.
As the world continues to reopen in the shadows of the pandemic, life and business, including multifamily property management, have changed in important ways. But what hasn’t changed for multifamily—and for RealPage itself—is the pursuit of excellence, according to Dana Jones, CEO of RealPage®, the leader in property management software for the multifamily industry. And innovation, she says, is essential to the pursuit of excellence.
Affordable owners, operators and investors have been on the frontlines of a shortage of 7 million units needed for low-income families—a shortage exacerbated by a leasing compliance process that is mired in red tape and is depleted by public underfunding.
In addition, the Affordable Housing sector has endured an intense public scrutiny on eviction moratoria and rent control—and that’s on top of challenges related to policy pressures and the mounting risks of screening limitations. Identity and payment fraud add to the stress.
RealWorld Spotlight on Affordable Housing
RealWorld 2022 put a spotlight on Affordable Housing with panels that explored these and other pressing issues. Among the topics that were highlighted were the many ways in which RealPage is working with the Affordable sector to support their attainment of peak performance and operational excellence.
Amid current market uncertainty, it is more important than ever to keep all eyes on trends, some of which were spawned by the pandemic and continue to accelerate as new trends are coming into view. The Affordable sessions at RealWorld 2022 emphasized the importance of continually seeking new and innovative ways of navigating trends on the road to peak performance and oper...