Cedar Grove Apartments is an existing 248-unit market rate family apartment development located in Charleston, South Carolina. Utilizing HUD’s Section 223(f) refinance program, AGM obtained a HUD-insured mortgage of $23,120,000 with a 35-year term at a fixed interest rate.
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FHA Proposals on New MIP Premiums and Eliminating Green MIP
Late yesterday, HUD announced important proposed changes in mortgage insurance premiums (MIP) for FHA-insured multifamily loans. In a notice to be published in the Federal
