Multifamily Housing Programs
Sandstone Housing communities have various programs consisting of subsidized and non-subsidized rents. The housing subsidies are paid to the property on behalf of the tenants to keep the amount that tenants pay for rent affordable. These different programs are implemented under very specific eligibility requirements and regulations which Sandstone Housing has to adhere. What makes this even more complex is that most of Sandstone Housing communities are under more than one program, or a combination of programs, depending on the types of loan origination and land use restrictions. There are several Agencies that monitor these programs, all with different compliance mandates. The information below will give you an overview of each program and the communities under those specific programs.