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 Issue of April 28, 2008 
   

Federally Subsidized Housing Offers Right Risk-Adjusted Returns

By Richard J. Henken
Smart investors are continually on the lookout for opportunities to earn strong risk-adjusted returns. A fresh, little-known asset class can reward investors who understand its hybrid benefits. In strong markets, projects backed by the Department of Housing and Urban Development provide a unique opportunity to combine bond-like fixed-income properties with the potential for growth through real estate appreciation.

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