Financing with FHA TAAHP 2018 Texas Housing Conference Fairmont Austin, Austin TX July 24, 2018
HAP 20 Year Renewals No extensions but early termination plus preservation exhibit Post rehab rents RCS as is / as improved FHA and Section 8 RCS differences 2nd RCS – 140% median zip code rent Timing FHA or HAP Environmental, scope of work Funding Day 1 or post rehab
Rent adjustment Use Agreement Mark-to-Market HAPs Rent adjustment Use Agreement
Tied to FMR Adjust rents PBV Rent Setting Tied to FMR Adjust rents
Monica Hilton Sussman, Esq. msussman@nixonpeabody.com (202) 585-8833 Questions? Monica Hilton Sussman, Esq. msussman@nixonpeabody.com (202) 585-8833