Marley Station is a 757 unit mixed income community located in Glen Burnie, Maryland. The community was originally built in 1964 and rehabilitated in 1996. AGM obtained a $50,250,000 HUD insured mortgage under the 223f Refinance program. The loan generated $5,180,000 of loan proceeds to be used for repairs as well as cash out proceeds.
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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
