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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February Pulse Check: Despite the Headlines, with FHA You Can Fix Your Rate & Forget It
The change in Administration brought with it a flood of news about agency closings, furloughs, buyouts, and the like. It’s been tough to keep up.