Multifamily Accelerated Processing (MAP) is a national fast-track processing system for the FHA multifamily mortgage insurance programs. As an approved FHA MAP lender, Multifamily Affordable Lending is responsible for preparation of most documents required for an application for mortgage insurance and for making a recommendation to the HUD field offices based upon Multifamily affordable Lending’s processing and underwriting.
reliable & safe
LIHTC Pilot Program
Permanent refinancing or acquisition financing with moderate rehabilitation.
Construction or Substantial Rehabilitation of Multifamily Properties
New construction or Substantial rehabilitation which is defined as:
a) Cost of improvements more than higher of:
i) 15% of post-rehabilitated appraised value, or
ii) $6,500 per unit adjusted for local high-cost factor, or
b) replacement of two or more major building components
Market rate, low-to-moderate income, and subsidized multifamily properties.
Limited to 10% of gross floor area and 15% of gross income. (Limits double in certain urban renewal areas under Section 220.)
No maximum (limited by loan parameters)