ICBA - Record Demand for FHA Multifamily Loans
Demand for Federal Housing Administration–insured financing to build, rehabilitate or refinance multifamily apartment properties reached a new record. The FHA announced
that it has endorsed $10.5 billion in multifamily rental housing loans since last October, with another month-and-a-half remaining in the fiscal year. The FHA has endorsed nearly 1,100 multifamily loans so far in its fiscal year.