![Residential Construction AD&C Lending Declines](https://eyeonhousing.org/wp-content/uploads/2024/05/ADC-1q24-600x400.jpg)
Residential Construction AD&C Lending Declines
The volume of total outstanding acquisition, development and construction (AD&C) loans posted an additional decline during the first quarter of 2024 as interest rates remain elevated and financial conditions are tight. However, AD&C loan conditions will ultimately improve when the Fed begins reducing the federal…