1111 Light Street is a 6-story, 93-unit upscale apartment community with office and retail space located in Baltimore, Maryland. The mixed-use project was financed using HUD’s Section 220 for new construction in urban areas. AGM obtained a HUD-insured mortgage of $30,908,700 with a 40-year term.
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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
