Product for the Times Multifamily ARM Loans Increase in Popularity

By Caitlin Jones
January 16, 2012 1 min read

Tax Credit Advisor, January 2012: Fannie Mae and Freddie Mac adjustable-rate mortgages have become increasingly popular with affordable rental housing developers and owners, according to lenders and others.

Freddie Mac’s multifamily ARM product has been around for years. Fannie Mae rolled out a new ARM product — the “7-6″ ARM — in 2011 to supplement an existing “Structured” ARM. The latter, but not the more common 7-6 ARM, is restricted to loans of $25 million or larger. The 7-6 refers to the seven-year term of the Fannie Mae 7-6 ARM and the 6% maximum pass-through rate for the associated mortgage-backed security. Read More…

Leveraging NMTC and GGRF

A Synergistic Approach to Community Development

Jennifer Kirkley & Regan St. Pierre • September 13, 2024 6 min read

Increasingly, climate solutions are central to preserving and creating wealth and well-being in communities across the country.

What Can Be Done About Insurance?

NH&RA Panelists Explore Ways to Rein in High Insurance Costs for Affordable Housing

Pamela Martineau • September 1, 2024 6 min read

Meet with your underwriter in person, provide as much data as possible on relevant inspections and offer photos of improvements you’ve made to affordable housing properties. These were just a few of the tips offered at the National Housing & Rehabilitation Association’s Summer Institute Panel: “What Can Be Done About Insurance?”

Rainbow Housing: Transforming Resident Services from Within

Abram Mamet • September 1, 2024 9 min read

For most organizations, radical shifts in market strategy and company makeup generally come after crises. For Rainbow Housing Assistance Corporation (Rainbow), that radical shift came not as a result of significant challenges, but as a way to leverage successful internal practices to better serve the affordable housing industry.