Financing multifamily rehabilitation: a guide for local government
Dept. of Housing and Urban Development, Office of Community Planning and Development, 1979 - Apartments - 39 pages
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agency Applicant Eligibility approved bank bond Bond Finance borrower Builder's cash CDBG charges commitment construction costs construction loan corporation debt service deed of trust devel development costs economic rents ects equity estimates expenses Fair Market Rents feasibility Federal Federal Housing Administration FHA insured funds gage Ginnie Mae GNMA guidebook habilitation Housing Assistance HUD-FHA improvements income stream insured loans insured mortgage interest rate investment investor-owner investors lender lending institution level of rehabilitation ln addition lncome loan amount loan to value long term losses ment mort mortgage insurance Mortgage Limitations mortgage loan Mortgage-Backed Securities multi-family Nature of Program non-profit developer operating ownership package percent permanent financing permanent loan Profit proj property owner purchase real estate real property rehabilitation project rental risk savings and loan Section 11(b Section 8 Housing Section 8 subsidies substantial rehabilitation Tandem tenants tion value ratio