Ellsworth is a 4 story 222-unit Class A apartment community to be built in downtown Silver Spring, Maryland. Using HUD’s Section 221d4 program for new construction, AGM obtained an insured mortgage of $50,973,600 with a 40-year term. The project includes 24 efficiencies, 128 one-bedrooms, and 70 two-bedrooms.
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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
