News

Housing Stimulus: FHA Lowers Rates for Affordable and Energy Efficient Properties
6/10/2016

Housing Stimulus: FHA Lowers Rates for Affordable and Energy Efficient Properties

Reduce rates, spur activity. That seems to be the thinking in Washington these days regarding the development of affordable and energy efficient multifamily housing. And to those in the housing industry, that thinking is definitely welcome.

1/29/2016

FHA Lowering Mortgage Insurance Premiums for Affordable Multifamily Housing

The U.S. Department of Housing and Urban Development (HUD)/Federal Housing Administration (FHA) announced proposed changes to the fiscal year (FY) 2016 mortgage insurance premiums (MIPs) for select FHA multifamily insurance programs. The proposed changes are a result of FHA’s healthy multifamily portfolio (which currently has a historically low default/delinquency rate of 0.15%), its effort to simplify rate structures, and its commitment to providing affordable housing and promoting energy efficiency.