Timothy R. Leonhard: The Debt Corner Looking Better Affordable Multifamily Debt Situation Has Improved

By Caitlin Jones
June 16, 2011 1 min read

Tax Credit Advisor, June 2011: There have been several positive changes in the affordable multifamily rental housing debt market in the past few months. The market for debt financing on multifamily affordable housing assets remains very attractive and stable. Interest rates and spreads have come down about 30% since mid-March.

Fannie Mae, Freddie Mac, and HUD debt products offer good executions throughout the country for acquisition or refinancing transactions, providing borrowers with very low all-in interest rates ranging from 4.40% to 5.75%, depending on execution type, loan size and term, leverage, and asset and borrower quality.

Breaking Ground

Jennifer Leimaile Ho, Minnesota Housing Commissioner and Incoming Chair of National Council of State Housing Agencies

Pamela Martineau • December 1, 2024 10 min read

Earlier this fall, Jennifer Leimaile Ho was elected chair of the National Council of State Housing Agencies’ (NCSHA) 2025 Board of Directors. Ho is the Commissioner of Minnesota Housing, having been appointed by Governor Tim Walz in January 2019 and reappointed in 2023.

“Business as Usual”

Leaders in Equity Express Optimism Despite an Uncertain Future

Abram Mamet • December 1, 2024 9 min read

Any outside observer may assume some unease amongst the low-income housing industry. Buffeted on the one hand by residual stressors from the COVID-19 pandemic and on the other by the uncertain prospects of an incoming federal administration keen on cutting spending and shrinking government programs, the affordable housing landscape is experiencing an inflection point.

NCSHA Recognizes Stand-Out Affordable Housing Programs and Initiatives

Pamela Martineau • December 1, 2024 7 min read

This fall, the National Council of State Housing Agencies (NCSHA) recognized 17 programs offered by state housing finance agencies across the nation that creatively developed tools to tackle their communities’ affordable housing challenges.