Apartment building with CPC logo overlay

Fannie Mae Multifamily Affordable Housing

 

Fannie Mae Multifamily Affordable Housing (MAH) loans preserve the affordability of subsidized rental housing through long-term financing. CPC can offer flexible terms and competitive pricing, fixed- or variable-rate financing options, and certainty and speed of execution. Eligible projects include various affordable housing modalities such as expiring Low-Income Housing Tax Credit deals, refinancing of tax-exempt bonds, RAD-eligible properties, HUD Section 8 HAP Contract properties, existing Rural Housing Services Section 515 loans, and loans insured under Sections 202 or 236 of the National Housing Act.

  • ·       Flexible loan terms, and fixed- or variable-rate financing options
  • ·        Flexible underwriting to specific affordable developments
  • ·        5 – 30-year terms

Eligible Uses

  • ·        Acquisition
  • ·        Refinance
  • ·        Rehabilitation