FHA EXPANDS PILOT PROGRAM TO ACCELERATE FINANCING OF LIHTC PROJECTS

摘要

HUD has 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 Credits (LIHTC), the nation's primary source of affordable housing production. HUD Secretary Ben Carson made the announcement at the National Association of Homebuilders International Builders' Show.