Financing Sources
MOST USED SOURCES
- HUD Section 8 for voucher tenants; HAP option one-B and Chapter 15 MUTM
- LIHTC tax credit monetization
- FHA 223 (d)(4) debt/loan
- FHA 221 (d)(4) debt
- State Housing Authorities TE bonds
- - HAP contracts with mucipalities
- HAP contracts on HUD rents
- Allied Capital (tax credit syndicator) provides tax
OTHER SOURCES
- Fannie Mae mortgage
- Tax exempt loan by Citi Bank or Alliant Capital
- Department of Homeless Services
- Bond allocation – recycled bonds – TE bonds
- Contributions from local governments
- Value added budgets, appraisals and refi