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More stories about Loans

  • How Moody’s Will Evaluate HFA Ratings

    The overall outlook for state housing finance agencies (HFAs) continues to be negative as challenging conditions persist, according to Moody’s Investors Services in a new report.

  • First Capital Magnet Funds Awarded

    Twenty-three organizations will receive $80 million in grants to finance affordable housing under the new Capital Magnet Fund.

  • Tawa Looks Ahead as HUD Refocuses on Affordable

    It’s been a busy 14 months for Chris Tawa, to say the least.

  • FHA Courts Affordable Developers

    Tax credit developers are turning to the Federal Housing Administration (FHA) as they get set to ramp up longdormant projects.

  • Affordable, If You Can Find It

    While construction financing remains relatively affordable, fewer deals are penciling out these days, and underwriting standards continue to tighten.

  • Stable Prices, Tough Standards

    Freddie Mac is providing competitively priced debt for the affordable housing industry as it mulls securitizing some of its affordable housing products.

  • Obama Outlines Spending Plans

    President Barack Obama has outlined a fiscal 2010 budget that provides more funding for federal housing programs, including $1 billion for the national Affordable Housing Trust Fund.

  • Tapping FHA Funds

    The challenges of today's tight lending environment have forced low-income housing tax credit (LIHTC) developers to dig even deeper to make deals happen. Developers are challenged to fill funding gaps with resources that are still viable in today's market.

  • The Ins and Outs of Swaps

    For the past several years, interest-rate swaps have been widely available to affordable housing borrowers as a method to fix the interest rate on a loan.

  • Wave of FHA Loans in Wait

    While the Federal Housing Administration (FHA) is a steady source of liquidity, it is often perceived as a lender of last resort due to the sometimes slow and bureaucratic process of working with the Department of Housing and Urban Development.