Lument’s Paul Weissman, senior managing director and head of affordable housing production, recently spoke with Affordable Housing Finance about HUD’s new “express lane” for new-construction LIHTC deals.
“The biggest impact is that FHA financing becomes a more practical option for a broader range of LIHTC developments,” says Weissman. “Faster processing and greater flexibility can make a meaningful difference when developers are trying to keep increasingly complex capital stacks on track.”
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