FNMA DUS - Freddie Mac Multifamily and FHA 223 F Bond Credit Enhancement

Existing Multifamily tax-exempt bonds can get replacement credit enhancement from FHA, FNMA DUS or Freddie Mac Multifamily.

We have credit enhanced apartments with low income housing bonds and with non-profit 501(c)3 Bonds.

For more information on multifamily tax-exempt bond credit enhancement programs go to:

KENDALL REALTY ADVISORS LLC or call Scott at (847) 903-7578

FHA 223(f), Freddie Mac and FHA 221(d)(4) Bond Credit Enhancement

We can provide credit enhancement for tax-exempt bonds for existing deals using FHA 223(f), Fannie Mae and Freddie Mac affordable multifamily housing programs.

The debt service coverage is 1.17 to 1.25 and the bonds are fixed or variable depending on program.

The FHA 221(d)(4) program can be used for new construction and Freddie Mac is offering a forward commitment for bank take outs.

The credit enhancement programs are available for tax credit transaction with 4% LIHTC and for non-profit 501(c) borrowers.

Kendall Realty Advisors also can enhance bonds for Healthcare using FHA 232 and for Hospitals using FHA 242 mortgage insurance programs.