Oregon HUD/FHA MF FY 2013 Lending Includes $35 Million NC Project in the Pearl, and $56 Million Hillsboro Refi.

Excel table HERE and embedded below has FY 2013 FHA MF endorsed loans in Oregon.  Total of 1,232 units/ $138 million since October 1st.

Only 1 new construction loan, The Parker in the Portland Pearl district, 177 units/$35.6 million. (Readers may recall that FHA also recently insured another new construction Pearl area project, Freedom Center Apartments).

One notable refinance was of Standard Dairy in SE Portland. Suburban refinance loans closed included projects in Beaverton, Hillsboro, and West Linn.  Hillsboro project was $56 million, 496 unit The Commons at Verandas in Tanasbourne.

Originally created and posted on the Oregon Housing Blog.

Update: Baltimore Regional AI Demonstration Notice Coming Tomorrow, Using FHA Multfamily Financing Incentives as Carrot.

Update: 
Have added link to Court Settlement item in NLIHC Memo to Members that provides more context for regional AI demonstration
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Notice will be in Federal Register on Wednesday, I have posted advance notice HERE. 

Notice indicates FHA financing incentives will be offered for projects that either project base vouchers or offer below market rents for 2 or more bedroom non elderly units. Projects participating in the demonstration will also be required to accept voucher holders (appears similar to the requirement for LIHTC projects, but all units in these projects may not have rents affordable to voucher holders).

Eligible projects will also be limited to "areas of opportunity" that are part of a prior court settlement. NLIHC Memo to Members court settlement update is HERE.

Originally created and posted on the Oregon Housing Blog. 

HUD Publishes Project Based Tenant Characteristics Report, National Data Only.

Unlike public housing, getting tenant demographic information for HUD's project based multifamily family programs has been next to impossible. 

I ran across a new national summary report HERE that shows some very limited demographic data through June 30, 2012 for HUD multifamily project based rental programs.  This PDF reports includes some income and race/ethnicity data, and a breakout of households with children and the elderly, but no data on female heads of households. 

Unfortunately, total female heads of household data is also missing from HUD's public housing and voucher Resident Characteristics Report, although that data IS reported by housing authorities.  Public data from this source is also available down to the public housing authority level. 

HUD also annually collects LIHTC demographic data and should be releasing that data soon for last year, hopefully at the state level and hopefully including data on female heads of households. 

Originally created and posted on the Oregon Housing Blog.