Lancaster Pollard

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Key Rural Development Program on the Chopping Block

The Obama administration is proposing the elimination of the USDA's Sec. 538 program, which guarantees loans for new construction, rehabs, and permanent financing for rural multifamily housing deals. More

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Affordable Housing Debt Outlook for 2011

Access to debt and equity for affordable housing developments improved a little bit more each month this year. And that slow momentum is expected to continue, as interest rates on permanent debt remain low, access to construction debt slowly improves, and the New Issue Bond Program (NIBP) continues to fuel more bond transactions in 2011. More

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Sizing Up the FHA's Recent and Proposed Changes

Some of the FHA's multifamily programs haven't seen changes in more than 40 years. So, in announcing new leverage and debt service levels, the FHA took the opportunity to enact a slew of other changes, and propose a few more. More

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Sizing Up the FHA's Recent and Proposed Changes

Some of the FHA's multifamily programs haven't seen changes in more than 40 years. So, in announcing new leverage and debt service levels, the FHA took the opportunity to enact a slew of other changes, and propose a few more. More

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New Requirements May Mean Longer Wait for FHA Loans

The FHA recently unveiled sweeping changes to its multifamily program, tweaking the underwriting standards on new construction and refinancing deals, while unveiling a slew of risk-management initiatives that may expand its already long transaction timeline. More

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Driven by Refis, Some Affordable Housing Lenders Expand

Many of the affordable housing industry's largest lenders struggled through 2009 with significant declines in originations. But some smaller, more nimble organizations actually saw increases last year, mainly due to an increase in refinancing volume. More

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Driven by Refis, Some Affordable Housing Lenders Expand

Many of the affordable housing industry's largest lenders struggled through 2009 with significant declines in originations. But some smaller, more nimble organizations actually saw increases last year, mainly due to an increase in refinancing volume. More

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