FHA to Cut Insurance Rates on Multifamily Mortgages - January 28, 2016

In an effort to help preserve and increase the amount of affordable, quality rental housing across the country, the Federal Housing Administration (FHA) today announced a multifamily insurance rate reduction designed to encourage capital financing of affordable and energy-efficient apartments. The rate reductions announced today will take effect on April 1, 2016, and will directly impact FHA’s Multifamily Housing Programs and properties housing low- and moderate-income families and/or developments installing energy-efficient systems or building within federal energy guidelines.

Read FHA’s new Multifamily Insurance Rates.

Click here to read the press release.

Click here to read Enterprise Community Partners' blog post.