The Committee on Healthcare Financing circulated a bulletin this morning announcing the Senate passed HR 5872, the General and Special Risk Insurance Funds Availability Act of 2010, providing the additional $5 billion of Commitment Authority needed to handle HUD’s estimated multifamily/healthcare caseload through FY End 2010 (September 30, 2010).
Next and final steps: The Bill will hit the President’s desk and we understand it’s expected to be signed by week’s end.
FNMA Small Apartment Loans rates about 5.50% $750,000 and up 5 or more units Chicago Area Non Recourse upfront costs only $4,500 for appraisal, legal all reports prior to rate lock. This program is HOT right now!!!
Commercial Mortgage Chicago
FHA 232 LEAN - FHA 242 - Build Amercia Bonds FHA 242/223 F Hospital Refinance
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