Click here to send MH news, tips, links, documents, facts
or factory-built housing related news story suggestions.

Home > Business, Communities, Manufactured Homes, News Item, People > $4.2M 207M Loan Approval by HUD

$4.2M 207M Loan Approval by HUD

June 29th, 2012
MHProNews has learned that the HUD Multi-Family Staff pre-approves loan for refinancing and rehabilitation, in this case, of the first manufactured home land lease community. The new loan will provide $4.2m in funding from a private lender for a resident owned cooperative located on popular Bainbridge Island in Puget Sound. featured writer Eddie Hicks was instrumental in the process of obtaining the FHA207m. The under-used program offers 40 year, non-recourse loan program that can be used for a new acquisition and development or communities needing updates and repairs.
(Photo credit: MHProNews)

Matthew Silver - Reporter at Large
Soheyla Kovach - Support Services
L.A. 'Tony' Kovach - Publisher, Editor and Marketing Director. To submit a news tip, please click here:
Comments are closed.