On July 24, 2018 NAR as part of an industry coalition sent a letter Deputy Secretary Patenaude. The letter urges HUD to continue and expand the successful multifamily risk-sharing partnership between FHA and the Federal Financing Bank (FFB). This partnership has proven to be a promising source of liquidity for longterm, fixed-rate affordable housing mortgages that is beneficial to practitioners, HUD, and local communities.
NAR Coalition Letter to HUD Deputy Secretary Patenaude Regarding FHA-FFB Multi Family Risk Sharing
Issue Date: July 24, 2018
On July 24, 2018 NAR as part of an industry coalition sent a letter Deputy Secretary Patenaude. The letter urges HUD to continue and expand the successful multifamily risk-sharing partnership between FHA and the Federal Financing Bank (FFB). This partnership has proven to be a promising source of liquidity for longterm, fixed-rate affordable housing mortgages that is beneficial to practitioners, HUD, and local communities.
Download Letter