Multi-Family Housing: Financing Alternatives for an Emerging Market
Analyzing Available Financing Sources for Market and Low-Income Affordable Multi-Family Housing
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will provide counsel to developers with an analysis of financing options currently available for multi-family acquisitions, refinancings, rehabilitation and new development. The panel will discuss structuring these projects, qualifying for loans and market trends.
Outline
- Overview of current multi-family financing market
- Lending trends and current borrowers
- Non governmental financing options
- Government-sponsored enterprise (GSE) loans
- Fannie Mae
- Freddie Mac
- HUD/FHA Loan Programs
- Construction and Sub Rehab
- Acquisition and Refinancing
- Market and Affordable
- Recent HUD closing document revisions
- Other financing options for multi-family low income affordable housing
- Bond Financing
- Tax Credits
Benefits
The panel will review these and other key questions:
- What are the current financing opportunities in the multi-family housing market?
- What are best practices for pursuing financing with emerging credit sources for multi-family developments?
- What are important considerations for counsel in structuring a multi-family project?
- How do the recent revisions to the HUD multi-family loan closing documents affect closing these loans?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Faculty
La Fonte Nesbitt
Partner
Holland & Knight
He has extensive experience in multifamily housing finance and development, including programs of the Department of... | Read More
He has extensive experience in multifamily housing finance and development, including programs of the Department of Housing and Urban Development (HUD), Freddie Mac, Fannie Mae, tax-exempt housing bonds, low income housing tax credits and other affordable housing programs representing lenders, owners, developers, investors, housing authorities and other parties.
CloseFredrick H. Olsen
Partner
Ballard Spahr
He has worked as underwriter’s counsel, trust counsel, bond counsel and credit and liquidity provider’s... | Read More
He has worked as underwriter’s counsel, trust counsel, bond counsel and credit and liquidity provider’s counsel on municipal financing for more than 33 years. He has served as counsel to Freddie Mac, as credit provider, relating to various series of multifamily housing bonds and notes.
CloseSheri Stettner
Managing Director
Wells Fargo Bank/Wells Fargo Multifamily Capital
She is the Managing Director at Wells Fargo Multifamily Capital, which sources and originates multifamily loans through... | Read More
She is the Managing Director at Wells Fargo Multifamily Capital, which sources and originates multifamily loans through the Fannie Mae and Freddie Mac lending programs. She has worked in the commercial real estate finance industry for over 25 years.
CloseRyan R. Warburton
Partner
Ballard Spahr
His practice focuses on municipal finance, with emphasis on tax-exempt private activity bonds, including housing,... | Read More
His practice focuses on municipal finance, with emphasis on tax-exempt private activity bonds, including housing, 501(c)(3), and manufacturing facilities. He has extensive experience with mortgage revenue bonds and multifamily residential rental bonds and has served as counsel in Low Income Housing Tax Credits financings.
Close