May 8, 2019 | Affordable Housing News, Housing Finance News, Latest News
Freddie Mac (OTCQB: FMCC) today announced a new effort to help financial institutions with less than $10 billion in assets access additional liquidity for the financing of affordable housing.
Mar 11, 2019 | Affordable Housing News, Housing Finance News, Latest News
From NAHBNow President Trump is seeking to reduce the 2020 budget for the department of Housing and Urban Development (HUD). The budget cycle begins October 1, 2019 and runs through September 30, 2020. While no White House budget is ever approved “as is”...
Mar 4, 2019 | Housing Finance News, Members in the News
From PR Newswire Churchill Stateside Group, LLC (CSG), a real estate and renewable energy financial services company, today announced a new HUD streamlined process for FHA Section 221(d)(4) loans associated with new tax credit transactions. These changes will result...
Feb 25, 2019 | Affordable Housing News, Housing Finance News, Latest News
From HousingWire The program for streamlining mortgage applications for housing tax credit multifamily properties just got a lot bigger thanks to the Department of Housing and Urban Development (HUD) who announced that the Federal Housing Administration (FHA) is...
Feb 8, 2019 | Housing Finance News, Members in the News
From Business Wire TAAHP Member Bank of America Merrill Lynch Community Development Banking was reported to have provide a record amount ($4.7 Billion) in loans, tax credit investments and other development solutions in 2018. This was up from $4.53 billion in 2017....
Feb 6, 2019 | Affordable Housing News, Housing Finance News, Latest News
From Curbed A new partnership has formed between a New York-based venture capital fund with a focus on real estate and a non-profit. Enterprise Community Partners, a national nonprofit that is focused on affordable housing financing, announced a partnership with...