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Nonprofits Pull In Investors To Tackle Housing Affordability

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One of the biggest problems facing low-income families in the U.S. today is a lack of affordable housing.

According to a recent report by the Joint Center for Housing Studies at Harvard, more than 7 million low-income households now spend more than half of their income for rent, which leaves little money for anything else. And the situation is expected to get worse.

Now, a coalition of nonprofit groups is trying to turn things around with a new, more business-like approach to buying real estate.


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