
2911 Rhode Island Avenue in Washington DC
AGM Financial Services, Inc. is proud to announce the successful closing of a $14,450,500 Section 221(d)(4) mortgage for this 100 unit new construction project. The
Faced with overwhelming need, limited resources, and aging housing stock, the 3,300 Public Housing Authorities in the Unted States do some of the hardest work in the multifamily industry – housing some 1.2 million very low income family, elderly, and disabled households who would otherwise have no place to call home. Rehab of existing units or construction of new units requires Public Housing Authorities to navigate the thicket of RAD, RAD for PRAC and Section 18 regs and complex, layered financing.
AGM is a HUD-licensed FHA lender with more than 30 years of experience in multifamily development and finance. Since 2004, we have lent more than $273 million to finance more than 5,000 units in twenty-seven RAD, RAD for PRAC, and RAD / Section 18 projects with Public Housing Authorities all across the country.
We know the programs, the regs, the consultants, and the HUD offices that can help PHAs redevelop key assets and improve their housing stock. We know the process and the “logistics” of public housing redevelopment, whether it’s financing, demolition / disposition, tax credits, relocation plans, or how best to use your capital funds. We can help you coordinate the work of your consultants and partners to stack the layers of capital you’ll need to make the financing work.
We know which battles to fight and which to avoid. Most importantly, we know how to get your deal closed. And we will be there with you, every step of the way.
Margaret Allen
CEO & Owner
Myles Perkins
President & Owner
Frank Grosch
Senior Vice President
Stephen L. Rudow
Senior Vice President
Let us be your trusted partner in navigating the journey. Contact AGM today for a free consultation and discover how our reliable FHA-insured loan solutions can unlock your Public Housing Authority’s full potential.
AGM Financial Services, Inc. is proud to announce the successful closing of a $14,450,500 Section 221(d)(4) mortgage for this 100 unit new construction project. The
Long-term rates have been rising since their recent lows in September. The bond market is reacting to uncertainty – uncertainty about inflation, jobs, tariffs, tax
For the fourth consecutive year, AGM Financial Services (AGM) donated a total of $100,000 to four Baltimore nonprofit organizations. Recipients will receive a $25,000 unrestricted grant that
20 South Charles Street
Suite 1000
Baltimore, MD 21201
Phone: 410.727.2111
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