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" by...
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...
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...
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....
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...
From PR Newswire - Marked Improvement: The bank's "Outstanding" rating marks its second improved rating since 2014. - Rating reflects strong commitment: BBVA Compass has executed a plan dedicated to responsible banking through lending, investments, social impact...
From Affordable Housing Finance Bellwether Enterprise Real Estate Capital reported closing more than $532 million in loans for affordable housing properties in the recently completed fourth quarter. The 46 loans will help secure over 5,884 units of affordable...
$3.9 Billion in Fannie Mae Loan Production for 2018 Ranks Greystone 6th Overall NEW YORK, Jan. 28, 2019 (GLOBE NEWSWIRE) -- Greystone, a leading commercial real estate lending, investment, and advisory company, announced it has ranked #1 in small loan production...
From PR Newswire Hunt Real Estate Capital, a leader in financing commercial real estate throughout the United States, announced today it provided a Fannie Mae affordable multifamily loan in the amount of $19.5 million to finance the acquisition of a multifamily...
Davis-Penn Mortgage Co. recently closed a HUD-221d(4) for the renovations of Anna Dupree Terrace Apartments. The 151-unit, seniors apartment community has an existing HAP contract, and the Developers pursued tax exempt bond financing with non-competitive 4% Low...
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