FHA
Opportunity for Developers to Capitalize on Interest Rate Uncertainty
Recent changes to the Federal Housing Administration (FHA)-Housing Finance Agency (HFA) Risk-Sharing program, part of the Biden-Harris administration’s broader affordable housing initiatives, are aimed at increasing the construction of affordable multifamily housing.
LIHTC Qualified Contract Changes
HUD recently announced a significant policy change that will impact developers involved in the LIHTC program.
Biden-Harris Administration Extends FFB Risk-Sharing Program Indefinitely
The Biden-Harris administration announced new actions to boost housing supply and lower housing costs, including an indefinite expansion of the Federal Financing Bank (FFB) Risk-Sharing program.
FHA Multifamily Mortgages up to $120 Million Now Eligible for Standard Underwriting
The Federal Housing Administration (FHA) published a Mortgagee Letter that increases the threshold at which a multifamily loan is considered a large loan from $75 to $120 million.