Tax-Exempt Bond Credit Enhancement from Fannie Mae provides low borrowing cost with AA+ rating while supporting affordable housing.
The Fannie Mae Tax-Exempt Bond Credit Enhancement provides credit enhancement for tax-exempt bonds issued to finance the acquisition, new construction, refinancing, or moderate or substantial rehabilitation of multifamily properties.
- Certainty of speed and execution
- AA+ rating
- Flexible structures
- 10-30-year terms
- Fixed rate terms
- 1.15-1.20 minimum DSCR
Fannie Mae Tax-Exempt Bond Credit Enhancement Program Guidelines
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Provide some basic information about the property and the financing you’re seeking and we will provide you with a custom quote designed around your specific needs and financing objectives.
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Eligible property types Multifamily property types: 5+ Unit Apartment Building, 5+ Unit Townhome Style Contiguous, 1-4 unit Residential Contiguous, 1-4 Unit Non-Contiguous > 5 units, 5+ unit Fractured Condominium, Mobile Home Park, Student Housing, Affordable Housing With LURA, Affordable Housing With Section 8, Affordable Housing With HAP, Seniors Housing With Care, 55+ Seniors Housing Without Care, Military Housing, Cooperative
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