Lument’s Tracy Peters, senior managing director on the firm’s affordable housing production team, recently contributed to a Tax Credit Advisor article on strategies to keep Federal Housing Administration (FHA) affordable multifamily transactions moving amid an ongoing government shutdown.
Despite the lengthier timeline, borrowers should not be discouraged to proceed, Peters noted, as it is important to maintain momentum and stay tuned to the latest developments.
“It’s about managing expectations,” says Peters. “Let clients know where things stand. As you get more intel from HUD and others, relay that and keep things moving forward.”
Read the article at Tax Credit Advisor
