Small and medium multifamily properties (2 to 49 units) make up over half of the nation’s affordable housing, with the majority of units serving households with incomes at or below 80% of area median income. Preserving this critical housing stock is more cost-effective than new construction and helps prevent displacement, yet faces challenges such as limited financing, regulatory barriers, and capacity constraints.

This report features in-depth information and collaborative solutions from across the nation, demonstrating that successful preservation is possible with the support of flexible financing, cross-sector partnerships, technical assistance, and strong local networks.

The Learning Center’s resources and all data and information provided therein (collectively, “Content”) are for general informational purposes only. All Content is provided “as is” and may no longer be current or up to date. Enterprise Community Partners, Inc., its subsidiaries and affiliated entities (collectively referred to as “Enterprise”) as well as any co-authors of any Content disclaim all liability for any errors or omissions and make no warranties or representations of any kind, either express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any Content presented. All Content should be independently verified by you before relying on it. The Content does not constitute professional advice or services (including but not limited to legal, financial, tax, or investment advice).

Originally Published
December 5, 2025
Authors
Enterprise Community Partners
Markets
National
Impact Areas
Preservation
Capabilities
Resource Type
  • Report