From inflation to new legislation, there are a lot of changes in the market that are impacting multifamily housing deals. On this episode, we welcome Philip Porter of Enterprise Community Investment to share what developers need to be thinking about amid new bond deal laws, the fixed 4% tax credit rate, income averaging and state low-income housing tax credits. He shares how underwriting has changed over the past 12-18 months and gives his recommendations for developers to successfully tackle new projects within the current equity market.