SOURCE: Mortgage News Feed
Fannie Mae, with support from the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA), today announced the expansion of Green Preservation Plus. Formerly known as Green Refinance Plus, Green Preservation Plus supports the preservation of quality affordable multifamily housing in the United States by providing additional funds to improve the energy and water efficiency of properties. Green Preservation Plus offers financing to owners to acquire multifamily affordable housing properties or to refinance existing Fannie Mae mortgage loans.
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