1 Hot Topics Mary AndersonHUD Chicago Cortney MauldinLove Funding Ed TellingsRED Mortgage Capital MIDWEST LENDERS CONFERENCE June 18 th 2013.

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Presentation transcript:

1 Hot Topics Mary AndersonHUD Chicago Cortney MauldinLove Funding Ed TellingsRED Mortgage Capital MIDWEST LENDERS CONFERENCE June 18 th 2013

2 Hot Topics Notice H updated Section 202 Guidance Regional HUD reorganization update 5/29/13 Memo on Identities of Interest PCNA’s for 223(a)(7)’s on New Construction Deals 92.5% Debt Limitations on 223f LIHTC Deals 55 vs. 62 and over restrictions at closing for 223(f)’s Problematic Davis-Bacon wage schedules MIP Levels Concept meeting process and lack of HUD travel funds

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