(RECAP: In an effort to help first-time homebuyers who are current and former members of the U.S. military, as well as first-time buyers in the state’s rural markets, VHDA recently announced the Closing Cost Help Grant program.)
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Category Archives: Apartment Loans
Fannie Mae doubles multifamily small loan limit – GSE raises loan limit to bolster affordable housing
(RECAP: Fannie Mae is doubling its loan limit for small multifamily mortgages in an effort to ensure an increased affordable housing supply. Effective immediately, the government-sponsored enterprise’s small loan limit is now $6 million, doubling the previous limit of $3 million or less nationwide and increasing the limit for certain high-cost areas by $1 million.)
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Virginia announces $8.9 million in affordable, special needs housing loans
(RECAP: The Commonwealth of Virginia has announced more than $8.9 million in Affordable and Special Needs Housing loans for 14 projects throughout the Commonwealth. These projects are focused on affordable new construction and rehabilitation housing projects, as well as permanent supportive housing options for people with intellectual and developmental disabilities.)
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