House of Cards: Absentee-Owned Condominiums And Neighborhood Instability
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In our eReader you can find the full English version of the book. Read House of Cards: Absentee-Owned Condominiums And Neighborhood Instability Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book House of Cards: Absentee-Owned Condominiums And Neighborhood Instability
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To manage acquisition costs CDCs will want to focus on buildings where lenders and individuals own blocks of distressed units and also look into acquiring small buildings Obstacle to Preservation: Financing and Subsidies CDCs would need public subsidy funds for: acquisition capital, rental/operating subsidies and mortgage financing. Although the need for funds arises at a time of reduced government spending, CDCs should be able to obtain certain sources of funds.
Lenders are a likely source of ...permanent mortgage financing for CDC purchases of units on which they have foreclosed. In its two successful condo buy-out projects the Massachusetts Housing Partnership (MHP) obtained reduced-rate permanent financing from the project lenders. Providing reduced-rate financing allowed the lenders to clear their books of troubled assets and earned them Community Reinvestment Act credit.
Also, CDCs can take advantage of programs designed to work in conjunction with non-profit purchases of RTC property such as reduced-rate permanent financing from the Federal Home Loan Bank Board.
What to read after House of Cards: Absentee-Owned Condominiums And Neighborhood Instability?
You can find similar books in the "Read Also" column, or choose other free books by Boston Redevelopment Authority to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
To manage acquisition costs CDCs will want to focus on buildings where lenders and individuals own blocks of distressed units and also look into acquiring small buildings Obstacle to Preservation: Financing and Subsidies CDCs would need public subsidy funds for: acquisition capital, rental/operating subsidies and mortgage financing. Although the need for funds arises at a time of reduced government spending, CDCs should be able to obtain certain sources of funds.
Lenders are a likely source of ...permanent mortgage financing for CDC purchases of units on which they have foreclosed. In its two successful condo buy-out projects the Massachusetts Housing Partnership (MHP) obtained reduced-rate permanent financing from the project lenders. Providing reduced-rate financing allowed the lenders to clear their books of troubled assets and earned them Community Reinvestment Act credit.
Also, CDCs can take advantage of programs designed to work in conjunction with non-profit purchases of RTC property such as reduced-rate permanent financing from the Federal Home Loan Bank Board.
What to read after House of Cards: Absentee-Owned Condominiums And Neighborhood Instability?
You can find similar books in the "Read Also" column, or choose other free books by Boston Redevelopment Authority to read onlineMoreLess
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