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May

16

2022

MHP Interest Rates

MHP regularly updates this chart with indicative interest rates for its private bank funds and other multi-family financing products - Treasury Risk Share, Fannie Mae Fixed Rate, Fannie Mae Variable Rate and FHA Map. For more info, contact Nancy McCafferty at nmccafferty@mhp.net or Alma Balonon-Rosen at almaBR@mhp.net.

May

13

2022

2022 maximum allowable rents

Maximum rents set by the U.S. Department of Housing and Urban Development (HUD) for 2022, based on income limits set by HUD, which are effective until new income limits are set by HUD, typically in the first week of April, 2023. Property owners and rental agents of affordable housing should refer to the Massachusetts Department of Housing Community Development’s guidance to operators and owners, with regard to rent increases at their properties.

May

2

2022

FHA Federal Financing Bank Risk-Sharing Program

MHP’s FHA Risk-Sharing program provides 30-, 35- and 40-year low fixed-rate financing for the takeout of construction financing of newly built properties or the refinance or acquisition of existing multifamily properties. Financing can be used with LIHTC and all other capital and operating subsidy programs.

April

12

2022

Housing RAP term sheet

The Housing Reserve Assurance Program (Housing RAP) provides a funding mechanism to help community developers to meet the operating reserve requirements of projects syndicated with low-income housing tax credits. The program is a joint venture of the Massachusetts Housing Partnership and The Boston Foundation.

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