HUD and Fannie Mae Announce Expansion of Green Preservation Plus

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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http://www.multihousingnews.com/news/hud-and-fannie-mae-announce-expansion-of-green-preservation-plus/1004102219.html


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Each week we post articles on FHA/VA Government news topics, ranging from FHA Direct Endorsement Underwriters, to current FHA underwriting guidelines, to new FHA rules/regulations, FHA compliance, FHA lending requirements and much more! PLEASE NOTE: We are NOT owned, operated or affiliated with HUD, FHA or the Federal Government in any way.

 


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