A video overview of how HUD defines "affordable housing" for its multifamily loan programs and how those definitions impact the loan.
Please note there are no affordability requirements to qualify for financing, however this video will provide clarity for existing affordable properties or for planned affordable developments.
2:20 How LTC/V, DCR and Vacancy Changes for "Affordable" Projects
4:40 How MIP Changes for "Affordable" Projects
We are a direct HUD lender.
www.bedfordlending.com
Presented by:
Kyle Jean
kylej@bedfordlending.com
603-647-4646
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