MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on HUD’s changes to the minimum debt service coverage ratio and maximum loan-to-cost percentage levels for Federal Housing Administration multifamily loans:
Tag: Affordable Multifamily

Fitch: Risks to Affordable Multifamily Housing Remain Despite Stimulus
Fitch Ratings, New York, said rental assistance provided under the American Rescue Plan will help renters and multifamily property landlords, but the extent to which the ARP can keep delinquencies low is uncertain, as the amount of unpaid back rent is difficult to estimate due to lack of data.