South Acres Ranch is comprised of 80 two-story ranch-style single family rental homes, each containing four bedrooms and an attached garage. It is located in Houston Texas. Using HUD’s Section 223(f) program AGM obtained a $3,497,000 mortgage to retire conventional debt as well as a $750,000 loan from the Texas Department of Housing and Community Affairs through their Tax Credit Assistance Program.
Blog Articles
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
