FHA Expands Pilot Program to Accelerate Financing of Low-Income Housing Tax Credit Projects

WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a significant expansion of a Federal Housing Administration (FHA) pilot program that streamlines FHA mortgage insurance applications for affordable housing developments that have equity from the sale of Low-Income Housing Tax Credit (LIHTC) Program, the nation’s primary source of affordable housing production.
Source: https://www.hud.gov/press/press_releases_media_advisories/HUD_No_19_014

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