Foreclosed multifamily homes
[DOC File]Chicago Mutual Housing Network
https://info.5y1.org/foreclosed-multifamily-homes_1_652eaa.html
Over the last 15 years, HUD has pursued a variety of initiatives to sell homes that were foreclosed under FHA mortgage programs. These efforts have tended to be piecemeal, reflecting tension among the policy goals of improving properties and neighborhoods, supporting affordable homeownership, and recovering as much as possible of insurance claims.
[DOCX File]LIBRARY
https://info.5y1.org/foreclosed-multifamily-homes_1_0db498.html
An ADU Ordinance would require developers of multifamily units (condominiums, apartments and townhouses) to set aside a portion of the units for rent or purchase by families with low to moderate incomes. In exchange, the County would give developers a bonus density, i.e., the approval to build above the median of the density range.
[DOC File]MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY
https://info.5y1.org/foreclosed-multifamily-homes_1_587005.html
Homes or Residential Property: HUD interprets “homes” as any type of permanent residential dwelling unit, including detached single family structures, townhouses, condominium units, multifamily rental apartments (covering the entire property), and manufactured homes where treated under state law as real estate (not as personal property).
[DOC File]Houston
https://info.5y1.org/foreclosed-multifamily-homes_1_43101f.html
Jul 07, 2009 · The target areas are composed of both single family homes, most of which are owner occupied, and multifamily homes. The condition of the apartments has negatively impacted local home values, with both sales prices and number of sales dropping over the last six months.
All SEC Filings | Fannie Mae
Multifamily housing fundamentals remained stressed in the third quarter of 2009, despite the easing of the economic recession, because job losses remain high. ... our estimates do not include known sales of foreclosed homes because we believe that differing maintenance practices and the forced nature of the sales make foreclosed home prices ...
[DOC File]Sample NSP Single-Family Development and Rental Program …
https://info.5y1.org/foreclosed-multifamily-homes_1_3a4810.html
Further, Developer must give priority to acquiring homes for households at or below 50% of AMI as stated in the NSP Agreement. Per recently approved legislation, NSP-qualified vacant properties are now eligible to satisfy the 25% set-aside requirement through redevelopment, in addition to rehabilitation of foreclosed and abandoned properties.
[DOCX File]cdn.ymaws.com
https://info.5y1.org/foreclosed-multifamily-homes_1_4e51e3.html
The percentage of loans used to purchase newly constructed homes in these programs ranged from 27% to over 53% depending on the housing market and represents another, perhaps unintended highlight of the NIBP program. In addition, local HFA NIBP program funds have been used for the purchase of foreclosed homes.
[DOC File]HUD | HUD.gov / U.S. Department of Housing and Urban ...
https://info.5y1.org/foreclosed-multifamily-homes_1_d7219f.html
The resale option is typically used in areas with predominantly high home sales prices, areas subject to rapidly appreciating housing costs, areas with a shortage of affordable homes for sale and no available land to build new homes, and areas where affordability …
[DOC File]HUD | HUD.gov / U.S. Department of Housing and Urban ...
https://info.5y1.org/foreclosed-multifamily-homes_1_622f62.html
NSP2 funds will be used to acquire, rehabilitate and resell foreclosed and abandoned homes in the form of 265 single family homes and 947 units of multifamily rental properties. The City will also provide financing for mortgage assistance and rehabilitation loans for the purchase and rehabilitation of foreclosed homes in the target areas.
[DOC File]Multifamily Rental Property Site Acquisition Guide
https://info.5y1.org/foreclosed-multifamily-homes_1_870949.html
Exception for Low-Value Foreclosed Properties. For foreclosed properties whose acquisition price is $25,000 or less, the current market appraised value of the property may be established by a valuation of the property that is based on a review of available data and is made by a person qualified to make the valuation. Note Regarding Site Control.
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