Kenyon Street Apartments is an existing 18-unit multifamily project located in Washington, DC. Located on 0.17 acres of land, the project contains 18 project based Section 8 cooperative units in one, four-story building. The project was originally built in 1911 and was substantially rehabilitated in 1983, and again in 2010. Utilizing HUD’s Section 223(f) refinance program, AGM obtained a HUD-insured mortgage of $1,426,100 with a 35-year term at a fixed interest rate.
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There are Encouraging Signs, But No Clear Direction…Yet
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
