HUD/FHA Financing Group Leading the Way on New Rate Reduction Program
Rosenblum Goldenhersh’s HUD/FHA Financing Practice Group is breaking new ground in connection with the new HUD interest rate reduction program. On April 19th of this year, HUD’s Multifamily Housing Program Division announced new guidance to allow mortgagors and mortgagees of HUD/FHA … Continue reading
LIHTC Property Workouts: LIHTC Properties Dismissed From Bankruptcy Protection
The United States Bankruptcy Appellate Panel for the Sixth Circuit recently upheld the dismissal of a Chapter 11 bankruptcy suit for five related LIHTC partnerships. In re Creekside demonstrates some of the difficulties a LIHTC partnership can face when seeking … Continue reading