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What is Preservation Rehabilitation Financing: Funds To Renovate Affordable Housing Properties about?

The document discusses financing options for rehabilitating affordable multifamily housing properties, including tax-exempt financing with 4% Low-Income Housing Tax Credits and 9% LIHTC cash loans. It provides details on eligible property types, terms, product descriptions, funding types, debt coverage ratios, loan-to-value ratios, amortization, prepayment provisions, subordinate financing, tax and insurance escrows, and fees for each option.

Author

DEBALINA SEN

Language

EN