While the government is currently open for business, the recent shutdown put a strain on affordable housing communities with expiring project-based Section 8 contracts. Without reimbursements from HUD, some owners were forced to dip into reserve funds set aside for capital improvements, with fears a prolonged standoff in Washington could ultimately lead to evictions. Recognizing the severity of the situation, we connected Taylor Johnson client Evergreen Real Estate Group with Bisnow reporter Brian Rogal for a story on the shutdown’s long- and short-term implications. The article also featured a photo from TJ client The Habitat Company, which owns and operates Section 8 communities.

The Pines of Edgewater, owned and operated by The Habitat Company, is an example of a local Section 8 housing community.