Tidwell Estates is an existing 132-unit affordable multifamily community located in Houston, Texas. The project consists of garden and townhouse style buildings and a separate community/leasing building. Utilizing HUD’s Section 223(f) refinance program, AGM obtained a HUD-insured mortgage of $6,587,400 with a 35-year term at a fixed interest rate.
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FHA Proposals on New MIP Premiums and Eliminating Green MIP
Late yesterday, HUD announced important proposed changes in mortgage insurance premiums (MIP) for FHA-insured multifamily loans. In a notice to be published in the Federal
