Tanglewood Lake Apartments is a 180 unit apartment complex located in Elizabeth City, North Carolina. The 2008 construction of the project was financed by AGM using HUD’s Section 221(d)(4) program. Using HUD’s 223(a)(7) program for currently insured properties, AGM recently obtained a new insured mortgage of $18,258,400.

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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