The Trust offers financing to meet an array of needs related to the development, rehabilitation, or preservation of real estate, including:
The Trust has a long history of working closely with for-profit and non-profit developers, housing agencies, members of the mortgage banking community, labor unions, government-sponsored enterprises (GSEs) and others to identify and structure the financing needed for their real estate developments.
To protect its investors from a loss of principal and to provide the most attractive terms to developers, the Trust structures its financing with credit enhancements provided by a variety of sources, including the Federal Housing Administration (FHA), Ginnie Mae, government-sponsored enterprises such as Fannie Mae and Freddie Mac, and state and local agencies.
The Trust offers the following financing programs:
The Trusts Multifamily staff has technical expertise in structuring layered affordable housing financing using a variety of public and private capital sources, including low-income housing tax credits, federal and state historic tax credits, Home Investment Partnership Program (HOME), Community Development Block Grants (CDBGs), the Federal Home Loan Banks Affordable Housing Program (AHP) and Community Investment Program (CIP) and other programs.
For more information on the Trusts financing programs, please call (202) 331-8055 and ask to speak with the Multifamily Finance Department.