Total 6 Posts
Affordable housing consists of housing units designed to meet the needs of lower-income residents. In the U.S., many affordable housing units are developed by using LIHTCs (Low Income Housing Tax Credits). In addition, many units are kept affordable via HUD's Section 8 program, which pays rental subsidies directly to property owners.
This week, Multifamily.today sat down with Geoff Platt, Vice President at Arbor Realty Trust, a major agency and HUD/FHA multifamily lender, to discuss trends regarding Fannie Mae and Freddie Mac multifamily financing, among other important trends in the multifamily industry.
Last week, Multifamily.today sat down with Bill Weidner, an NYC-based investment real estate broker and host of the Realty Speak podcast, to discuss the current state of the multifamily market.
HUD's housing reform plan suggests relaxed multifamily noise and environmental regulations to encourage affordable development. It also suggests that Congress increase caps for the Rental Assistance Demonstration (RAD) program.
Fannie Mae recently released its 2019 Multifamily Affordability Estimator, which allows borrowers to determine how much of a deal is considered affordable.
HUD enacted the Rental Assistance Demonstration (RAD) program in 2012 to increase the amount of deeply affordable Section 8 properties in the United States. In the last year, Freddie Mac has taken an increased interest in providing financing for RAD projects.
Since Q2 2019, a new flurry of updates about the government’s Opportunity Zones program has answered many questions about how the program will be operated. Not everything, however, has been fully revealed.