Sign up to save your podcasts
Or
Share Revised Federal Underwriting Guidelines for Multi-Family Projects
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Revised Federal Underwriting Guidelines for Multi-Family Projects
The Feds have revised underwriting guidelines, effective October 15, 2019, relaxing standards in place since 2011. This stands to open up more possibility for FHA financing in communities. Among the revisions:
Up to 65% of units can be rented without losing eligibility
Increased the length of time that a project approval lasts (from 2 years up to 3 years)
New revisions allow for spot-approval of a project
View all episodes
By Moeller Graf, P.C.The Feds have revised underwriting guidelines, effective October 15, 2019, relaxing standards in place since 2011. This stands to open up more possibility for FHA financing in communities. Among the revisions:
Up to 65% of units can be rented without losing eligibility
Increased the length of time that a project approval lasts (from 2 years up to 3 years)
New revisions allow for spot-approval of a project